Toronto Innovation Acceleration Partners (TIAP) adds novel KRAS oncology project to its LAB150 portfolio
The low survival rates of three of the four most lethal cancers in North America – pancreatic, colorectal and lung – are associated with KRAS mutations, a well-established cancer driver. Although there is an urgent need for KRAS-targeting therapeutics, so far there has been a lack of clinically available drugs as oncogenic KRAS is very […]
FACIT and University of Toronto launch precision medicine company, supported by seed fund
FACIT, a commercialization venture group, together with the University of Toronto (“U of T”), announced the creation of Ontario-based Cellular Analytics (the “Company”). Cellular Analytics is founded upon a proprietary microfluidic platform that enables molecular characterization of cancer at the level of single circulating tumour cells. The technology quantitatively detects sensitivity to immune-oncology agents ‘on-chip’ at both significantly […]
Inside Ottawa’s newest startup accelerator
An Ottawa biotech startup that’s finding new ways to regrow skin, bones and even spinal tissue has found a new home in La Cité’s accelerator program – the latest addition to the college’s entrepreneurship program. Spiderwort recently moved into La Factorie Desjardins – an area designed for entrepreneurs in the newly constructed Excentricité pavillion. The bioengineering […]
SFU VentureLabs receives $3 million for innovation scale-up centre
Simon Fraser University’s VentureLabs® is receiving $3 million in funding from Western Economic Diversification Canada to establish a scale-up and soft-landing centre within its Vancouver-based business accelerator. The funding was announced today by the Hon. Navdeep Bains, Minister of Innovation, Science and Economic Development. The funds are part of a $3.7 million announcement aimed at supporting initiatives that will […]
Ontario Investing in Research to Strengthen Economy and Create Jobs
Ontario is demonstrating it is open for business and open for jobs by making new provincial investments in research and innovation. Today, Vic Fedeli, Minister of Economic Development, Job Creation and Trade, visited York University to announce that Ontario is investing nearly $41 million in leading-edge research that will improve the quality of life for […]
New Velocity venture fund invests $200,000 in four startups
The University of Waterloo’s entrepreneurship program, Velocity, has announced direct equity investments of $50,000 each for the four winners of the annual Velocity Fund Finals (VFF). This is the first time that Velocity has made direct equity investments. The original prizes were a $25,000 grant, however, the entrepreneurship program has doubled the prize values and transformed the […]
University of Waterloo’s Velocity taps AngelList to launch new startup fund
University of Waterloo startup incubator Velocity has announced a bold plan to provide funding support to its startups. Velocity will launch an AngelList-powered fund to let investors make equity investments in companies pitching in the program’s Velocity Fund Finals competition. Three times a year, the Velocity Fund Finals (VFF) allows companies in the Velocity Garage incubator (or […]
Innovation Saskatchewan Launches The Innovation Challenge Program
The Innovation Challenge program harnesses the ideas and expertise of Saskatchewan’s innovative entrepreneurs, together with government, to rapidly solve public sector challenges. In collaboration with the Ministry of Environment, Innovation Saskatchewan is seeking technology solutions to the following challenge: “How can technology be used to monitor the amount of solid waste generated and disposed of […]
University of Calgary announces new Life Sciences Innovation Hub
To further reinforce our commitment to establishing University Research Park as a catalyst in driving innovation and economic diversification, the University of Calgary is purchasing the Shell Technology Centre Calgary (STCC). The former STCC will be converted into the new Life Sciences Innovation Hub at UCalgary in early 2019. “As one of Canada’s leading research […]
U of Toronto accelerator launches stream for space startups with Chris Hadfield at the controls
The Creative Destruction Lab has helped build dozens of futuristic companies over the years – now it’s seeking entrepreneurs whose ideas are literally out of this world. Working closely with former Canadian astronaut Chris Hadfield, the seed-stage accelerator affiliated with the University of Toronto’s Rotman School of Management is launching a dedicated stream for space […]