Innovate Cities, will also use the funding to create a Canada-based data trust to “manage the use, sharing and sovereignty of data collected through the cluster.” The organization will also launch a “Centre of Excellence” in order to attract investments in smart cities tech.The government stated that as a result of this project, 45 companies will be supported, up to 10 new patents will be developed, and nearly 175 jobs will be created within the smart cities ecosystem across southern Ontario.The $11.1 million was part of a broader FedDev funding announcement that saw six Toronto-based organizations in total receive an overall $53.3 million.Yves Landry Foundation, which looks to advance education and skills training in Canadian industries facing skill shortages, is also set to receive up to $11 million.
The UTEST Program provides support to University of Toronto entrepreneurs to create research based companies.
Background in almost every type of journalism from sports to politics. “Investing in innovative organizations and supporting them as they seek to harness the power of our digital economy and the wealth of skills, knowledge, and talent in our region is critical to remaining on the leading edge of innovation and economic growth.”Calling the Toronto-region “the economic engine of Canada,” the federal government stated that these investments are expected to support 870 companies overall and create, and maintain, more than 7,500 jobs in southern Ontario.The large funding announcement comes just as the federal parties are beginning to ramp up for the upcoming election in October. University of Toronto Startup Competition $5K. A rendering of phase one of the innovation centre – image courtesy University of TorontoOn hand for the announcement was Minister of Innovation, Science and Economic Development, Navdeep Bains, Torontno Mayor John Tory as well as Both Bains and Tory expressed their appreciation for Reisman and Schwartz’s donation in helping further solidify the city’s place in the AI sector. March 6 This is …
She noted the opportunity and excitement they saw in creating a hub for AI and emerging technologies that could attract global talent. SOSCIP works to connect industry with academic researchers in order to use advanced computing to solve social, technical, and business challenges across a range of sectors.
Connect with each entrepreneurship program to learn what they do.If you’re looking for academic courses, visit the
“It isn’t just government that needs to do this, we need businesses to stand up, and academic institutions to stand up to acknowledge this and acknowledge AI,” said Bains. Earlier this week, Navdeep Bains the minister in charge of Canada’s regional development agencies (RDAs), including FedDev and Atlantics Canada’s ACOA, also announced $370,000 in ACOA funding to Acadian University’s entrepreneurship centre. Submit your sustainable student-led idea, project, or startup for your chance to pitch in front of a live judging panel at the new U of T Sustainability Innovation Prize. In partnership with Toronto Innovation Acceleration Partners (TIAP) and with the financial support of the Connaught Fund, it provides companies with investment capital, mentoring, business strategy and incubation space at the University of Toronto St. George Campus. The Ontario Bioscience Innovation Organization (OBIO) will also receive up to $6.24 million in order to expand its Capital Access Advisory Program, as well as launch a Technology Early Adoption program to connect 400 health science companies with access to capital, coaching, and market readiness support.Finally, Palette Skills, the Toronto-based nonprofit dedicated to retraining workers in light of automation and the digital economy, is set to receive up to $5 million from FedDev.