How Academic-Industry Collaboration Maximizes Innovation
total investment into innovation
included co-investment from industry and partners
Ontario companies supported
jobs new and retained
private sector follow-on investment
2023-2024 Outcomes


Hon. Vic Fedeli
Minister of Economic Development,
Job Creation and Trade
“Ontario is proudly home to one of the most dynamic and collaborative innovation ecosystems in the world. Our government is committed to working together with ecosystem partners, businesses and academic institutions to create the right conditions to spur new innovations, expand our opportunities, and create good jobs in Ontario. OCI’s efforts have nurtured invaluable partnerships and collaborations, contributing to the growth and future success of our province.”
Programs spotlight
Latest News & Updates
Moonrise Medical is a company transforming vascular ultrasonography, powered by its novel AI-driven automation software.
Inspired by her own personal struggles, Karen Brunet put her extensive medical device experience to use to help the millions of women who experience stress urinary incontinence (SUI) and founded Cntrl+.
FOR IMMEDIATE RELEASE TORONTO, ON [June 09, 2025] — The Ontario Centre of Innovation (OCI) is proud to announce the successful full deployment of Ontario’s Life Sciences Innovation Fund (LSIF), with $15 million in public investment catalyzing more than $48 million in private sector co-investment, for a total of $63 million invested into 30 high-potential […]
The second and final day of DiscoveryX concluded with an inspiring showcase of Ontario’s innovation economy—featuring global thought leaders, next-gen technologies, and the province’s top startups forging connections that will drive the future of industry.
DiscoveryX, Ontario’s premier innovation showcase, launched today with a powerful lineup of speakers, game-changing technologies, and the brightest minds in tech coming together to spotlight the future of innovation.