Ontario Fueling Small and Medium-Sized Business Growth through  Digitalization Competence Centre

November 28, 2023

Toronto ON, November 28 — Today to celebrate the 1-year mark of the Digitalization Competence Centre (DCC) Program, DCC announced its impacts-to-date from its $10 million investment from the Government of Ontario.

Led by the Ontario Centre of Innovation (OCI), the DCC supports small and medium-sized businesses as they adopt cutting-edge digital technologies. In the first year since its inception, the DCC has generated significant economic benefits for the province.

The DCC bolsters Ontario’s business landscape by supporting companies in adopting new digital technologies, enhancing their competitiveness, and driving growth in Ontario’s rapidly evolving digital market. 

“The Digitalization Competence Centre has played a vital role in helping Ontario SMEs develop and adopt next-gen technologies,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Our government is proud to support the DCC through the Ontario Centre of Innovation to support the success of our growing business environment.”

In the first year of its operation, the DCC has the following outcomes:

• Additional sales and revenues projected by DCC supported SMEs – $244,478,903
• Additional new hires projected by DCC supported SMEs – 1338
• Cost saving projected by DCC supported SMEs – $15,307,633

“These remarkable results signify the DCC’s ability to drive tangible growth and development for small and medium-sized businesses across Ontario. By embracing digital technology and harnessing its potential, these companies are unlocking new opportunities, expanding their market reach, and creating jobs, ultimately strengthening Ontario’s economy,” said Claudia Krywiak, President and CEO of the Ontario Centre of Innovation.

The DCC, as a cornerstone of Ontario’s economic strategy, emphasizes the importance of digital transformation in driving business innovation.

“By offering specialized support and resources, the program equips businesses with the necessary skills and knowledge to navigate their digital transformation successfully,” added Philippa King, Assistant Vice President Strategic Programs, Ontario Centre of Innovation.

About DCC and the Ontario Centre of Innovation (OCI):

The Digitalization Competence Centre (DCC) is an Ontario government-funded initiative, led by the Ontario Centre of Innovation (OCI), aimed at assisting small and medium-sized enterprises in adopting new digital technologies to fuel growth, innovation, and competitiveness. By offering tailored resources and support, the DCC empowers businesses to leverage the full potential of digital transformation.

OCI brings industry, academic, and government partners together to invest in collaborative R&D, technology development, and commercialization opportunities that generate the highest return on innovation for Ontarians.

As an ecosystem connector, OCI initiates unparalleled partnership opportunities, develops and manages successful industry-academic collaborations, supports high-potential SMEs in commercializing ground-breaking research, and provides hands-on training and skills development opportunities for the next generation of highly-skilled talent.

OCI drives economic growth and job creation through investments in the development, commercialization, and adoption of advanced technologies.

For more information: https://www.oc-innovation.ca

Media Contact

Alicia Pereira, Director of Communications, Ontario Centre of Innovation

apereira@oc-innovation.ca

Canadian and Ukrainian Founders with Cutting-Edge Cybersecurity Solutions Selected for the Canada Ukraine Innovation Challenge (CUSIC)

November 14, 2023

Ontario & Ukraine, November 14 — Today, the Ontario Centre of Innovation (OCI), the Ukrainian Startup Fund (USF), and Communitech announced a selection of ten exceptional companies participating in the Canada Ukraine Innovation Challenge (CUSIC) Solutions Showcase. These companies, consisting of five from Canada and five from Ukraine, have demonstrated outstanding innovation in the field of cybersecurity.

Established earlier this year, CUSIC invited innovators from Canada and Ukraine to participate in a bilateral competition to propose innovative solutions that strengthen the technological expertise of both countries, with the goal of commercialization through piloting and procurement opportunities. 

The selected Canadian companies are as follows:
Metropolitan AI Inc.: A pioneering Canadian technology company at the forefront of artificial intelligence and data analytics. Specializing in creating cutting-edge solutions for urban development and smart cities, Metropolitan AI leverages the power of AI to enhance city planning, optimize resources, and improve the quality of life in metropolitan areas. Their innovative technologies are shaping the future of sustainable and efficient urban environments.

myLaminin Corp.: myLaminin is a forward-thinking Canadian company dedicated to the practical application of blockchain and web3 technologies in national security settings. myLaminin is committed to addressing data privacy and data sovereignty concerns in complex business, government, and global ecosystems or those impacted by societal disruption. Their cloud-based verifiable credentials and digital wallet platform can run multiple nodes across several regions to deliver new capabilities and resilience for all network participants to support new ‘ecosystem business models’.

Palitronica Inc.: A Canadian technology company that specializes in creating innovative solutions for sustainable energy management and conservation. With a focus on developing smart and eco-friendly technologies, Palitronica is at the forefront of the green energy revolution. Their groundbreaking solutions empower businesses and individuals to efficiently monitor and optimize their energy consumption, contributing to a more sustainable and eco-conscious future.

Quantropi Inc.: A Canadian technology company pioneering the field of quantum-safe cybersecurity. Committed to ensuring the security of digital communications in an era of advancing quantum computing, Quantropi develops cutting-edge solutions that protect sensitive data and privacy. With their quantum-resistant encryption technologies, they are on a mission to safeguard the digital world from emerging cyber threats, making the future of data security more robust and resilient.

VanWyn Inc.: A Canadian company leading the way in the development of innovative, environmentally responsible materials. With a focus on sustainability and eco-conscious solutions, VanWyn specializes in creating advanced materials that have a reduced environmental footprint while maintaining superior performance. Their groundbreaking technologies are driving positive change across various industries, promoting a greener and more sustainable future.

The selected Ukrainian companies are as follows:
Hideez Development LLC.: A forward-thinking Ukrainian technology company dedicated to enhancing cybersecurity and data protection. With a focus on innovative solutions for secure access and authentication, Hideez offers a range of cutting-edge products designed to safeguard digital identities and sensitive information. Their advanced technologies are poised to revolutionize the way individuals and organizations secure their data in an increasingly interconnected world.

LetsData Inc.: A dynamic Ukrainian technology company specializing in advanced data management and analytics solutions. Committed to helping businesses harness the power of their data, LetsData offers innovative tools and services to make data-driven decisions more accessible and impactful. Their cutting-edge technologies are empowering organizations to unlock valuable insights and drive success in the digital age.

Mantis Analytics: A leading Ukrainian company in the field of advanced analytics and data-driven insights. With a focus on helping businesses extract valuable information from their data, Mantis Analytics provides innovative solutions that enhance decision-making and drive business growth. Their cutting-edge analytics tools and expertise empower organizations to stay competitive and thrive in a data-driven world.

Vizority: An innovative Ukrainian tech firm specializing in developing cutting-edge visual solutions. With a focus on augmented reality (AR) and virtual reality (VR) technologies, Vizority creates immersive experiences for various industries, ranging from entertainment and gaming to education and healthcare. Their groundbreaking applications are shaping the future of immersive digital experiences and revolutionizing the way we interact with technology.

State Enterprise “Ukrpetszvyazok”: A Ukrainian government-owned entity with a focus on telecommunications and connectivity. While specific details may vary, it plays a role in communication infrastructure and services, potentially related to matters of national security and connectivity in Ukraine.

“These visionary founders and their companies have presented highly sought-after cybersecurity solutions designed to address the most pressing challenges in this critical sector. With their dedication to innovation and commitment to excellence, they have earned the opportunity to showcase their solutions on a global stage.”
–Claudia Krywiak, President & CEO of the Ontario Centre of Innovation (OCI).

“Communitech is deeply impressed by the quality and innovation at the heart of each of the selected proposals. The Canada-Ukraine Security Innovation Challenge has accomplished exactly what we hoped it would – surfacing leading-edge cybersecurity solutions from our combined pool of extraordinary founders and giving them the support and opportunity to make our world a safer, more secure place.”
–Joel Semeniuk, Chief Strategy Officer, Communitech

The Canada-Ukraine Security Innovation Challenge has not only identified remarkable companies but also provided the opportunities needed for these innovators to contribute to a safer world and redefine the landscape of security technology. We are truly inspired by the outstanding solutions provided by the participants and looking forward to witnessing the positive impact these proposals will have on the global cybersecurity scene.”
–Pavlo Kartashov, Chief Executive Officer, Ukrainian Startup Fund

These exceptional companies will present their groundbreaking cybersecurity solutions on November 27^th to a diverse audience, including industry leaders, investors, and technology enthusiasts. Each of the selected companies will receive support from our community of partners, including mentorship, funding opportunities, and access to a network of national security stakeholders and potential customers.

About the Ontario Centre of Innovation
The Ontario Centre of Innovation (OCI) brings industry, academic, and government partners together to invest in collaborative R&D, technology development, and commercialization opportunities that generate the highest return on innovation for Ontarians. As an ecosystem connector, OCI initiates unparalleled partnership opportunities, develops and manages successful industry-academic collaborations, supports high-potential SMEs in commercializing ground-breaking research, and provides hands-on training and skills development opportunities for the next generation of highly skilled talent.
OCI drives economic growth and job creation through investments in the development, commercialization, and adoption of advanced technologies. For more information: https://www.oc-innovation.ca

About Communitech
Established in 1997 in Waterloo Region, Communitech was built by tech founders who saw the need for a community of support to help ensure the future prosperity of Canada. Today, Communitech is Canada’s leading innovation hub, supporting a community of more than 1,200 founders by providing accelerated opportunities to access talent, capital and sales.

As Canada’s tech supercharger, Communitech helps founders start, grow and succeed by:

● Hiring and retaining the smartest, brightest and most experienced people

● Accessing growth financing at every stage

● Selling to the biggest customers at home and around the world

● Connecting the right people at the right time – peers who have been there before, coaches who can guide them through the difficult spots and partners from all over Canada

About Ukrainian Startup Fund
Ukrainian Startup Fund is the one-of-a-kind state institution that helps innovative projects and technology startups raise funds at the early stages and launch their projects. The fund is the driver of the startup ecosystem development, provides conditions for the growth of the sector, creates a positive investment image of the Ukrainian tech industry abroad, and represents Ukrainian innovative solutions around the world.

For Media Inquiries
Director, Communications, Ontario Centre of Innovation (OCI)
Alicia Pereira, apereira@oc-innovation.ca

ONTARIO CENTRE OF INNOVATION UNVEILS EXCITING PLANS TO BRING BACK MAJOR TRADESHOW AND MIND2MARKET WINNER AT 2022-2023 ANNUAL GENERAL MEETING

October 24, 2023

TORONTO, ON. October 24, 2023 — The Ontario Centre of Innovation (OCI) is thrilled to announce groundbreaking developments unveiled at its 2022-2023 Annual General Meeting, held in Toronto. This year’s AGM was a platform for major revelations and significant steps towards promoting innovation, knowledge sharing, and entrepreneurial excellence.

DiscoveryX Conference and Trade Show Returns in 2024, OCI Board Chair, Mark Henderson proudly announced the return of the much-anticipated DiscoveryX Conference and Trade Show. Scheduled for April 17-18, 2024, this remarkable event is set to reconvene Ontario’s brightest innovators, entrepreneurs, and industry leaders.

“The DiscoveryX Conference and Trade Show has been a cornerstone of innovation in Ontario, and we’re thrilled to bring it back. This event symbolizes our commitment to cultivating a culture of innovation and entrepreneurship within our province,” said Claudia Krywiak, President and CEO of the Ontario Centre of Innovation.

The DiscoveryX Conference and Trade Show is known for fostering networking, idea exchange, and the convergence of groundbreaking ideas. In this upcoming edition, attendees can expect an even more enriching experience, featuring prominent speakers, interactive workshops, and a showcase of the latest innovations and technologies.

Also announced at the annual general meeting was the 2023 Mind to Market Winner – TROES. Victor Fedeli, Minister of Economic Development, Job Creation and Trade, along with the 2023 award sponsor, uRide CEO Cody Ruberto, proudly announced the recipient of this year’s prestigious Mind to Market Award – TROES.

“The Ontario Centre of Innovation is committed to nurturing innovation and fostering collaboration to drive economic growth and prosperity in Ontario. With the return of the DiscoveryX Conference and the recognition of TROES as the Mind to Market Winner, OCI is poised to continue its mission of supporting the province’s thriving innovation ecosystem,” said Victor Fedeli, Minister of Economic Development, Job Creation and Trade.

TROES, a dynamic startup specializing in energy storage solutions, has gained recognition for their groundbreaking approach to sustainable energy storage. This award highlights their dedication to transforming innovative ideas into tangible market solutions.

“Receiving the Mind to Market Award is an incredible honor for us. It reflects the hard work, dedication, and vision of our team. We are excited to collaborate with OCI to bring our innovative battery energy storage and microgrid solution to the market,” said Vienna Zhou CEO of TROES Corp.

For more information about the DiscoveryX Conference, please visit: www.oc-innovation.ca/about/discoveryx/

About the Ontario Centre of Innovation

The Ontario Centre of Innovation (OCI) brings industry, academic, and government partners together to invest in collaborative R&D, technology development, and commercialization opportunities that generate the highest return on innovation for Ontarians.
As an ecosystem connector, OCI initiates unparalleled partnership opportunities, develops and manages successful industry-academic collaborations, supports high-potential SMEs in commercializing ground-breaking research, and provides hands-on training and skills development opportunities for the next generation of highly skilled talent.
OCI drives economic growth and job creation through investments in the development, commercialization, and adoption of advanced technologies.
For more information OCI, visit: www.oc-innovation.ca

For Media Inquiries
Alicia Pereira, apereira@oc-innovation.ca

New Partnership to Connect GTA Businesses with Applied Research Opportunities, Fueling Innovation and Growth

October 17, 2023

TORONTO, ON. October 4, 2023 — A groundbreaking collaboration between Seneca Polytechnic, York University, and the Ontario Centre of Innovation (OCI) is set to catalyze innovation in Ontario’s business landscape, particularly among small and medium-sized enterprises (SMEs).

The partnership aims to establish a dedicated business development role focused on promoting the immense benefits of applied research to SMEs. By bridging the gap between academic expertise and real-world business challenges, this initiative seeks to enhance Ontario’s innovation ecosystem.

Empowering SMEs Through Applied Research
This strategic collaboration is poised to revolutionize the applied research landscape. By leveraging the combined strengths of Seneca and York University, it will enable participating businesses to bolster their research and development capabilities while also nurturing the growth of applied research within both institutions.

Seneca’s Commitment to Relevant and Impactful Research
Seneca Polytechnic is renowned for its commitment to industry-relevant applied research. Guided by dedicated faculty and centered on student involvement, Seneca’s applied research initiatives recently garnered recognition with an Award of Excellence from Colleges and Institutes Canada.

York University’s Tradition of Community Engagement and Impact
York University, a stalwart in community engagement, has a rich history of conducting applied research in collaboration with a myriad of stakeholders, including industry, government, non-profit organizations, private-sector companies, and other educational institutions. A 2020 report from the university revealed that York contributes over $4 billion to Ontario’s economy, underlining its pivotal role in fostering economic growth.

Expanding Opportunities for SMEs
This partnership offers SMEs the opportunity to harness the expertise of Seneca and York’s applied research capabilities. It enables businesses to address pressing challenges, develop innovative solutions, and scale up their operations.

Fostering Innovation and Driving Economic Growth
As Seneca Polytechnic, York University, and the Ontario Centre of Innovation come together to advance the cause of applied research, the province of Ontario is poised to witness a surge in innovation and economic growth. This partnership underscores the commitment of these institutions to the betterment of Ontario’s innovation economy.

Quotes
“Innovation knows no boundaries, and this collaborative partnership exemplifies our shared commitment to fueling the growth and innovation potential of small and medium-sized enterprises in Ontario.”
– Claudia Krywiak, President and CEO, Ontario Centre of Innovation (OCI)

“Seneca is excited to work with York University and the Ontario Centre of Innovation to enhance applied research capacity within the innovation ecosystem of the Greater Toronto Area. This partnership will open up new possibilities for our students and faculty as they help local enterprises solve their challenges and grow their operations.”– Ben Rogers, Dean, Seneca Applied Research

“York University welcomes this strategic agreement with Seneca and the Ontario Centre of Innovation to create new collaboration opportunities with our non-academic partners in the GTA. Through innovative collaborations with our research faculty and students, companies and non-profits gain access to expertise and a talent pool that can generate impactful solutions to their organizational challenges. We look forward to working with our partners to drive further positive change and economic growth across sectors and industries.”
– Jennifer MacLean, Assistant Vice President Innovation and Research Partnerships, York University

“Our partnership is a catalyst for innovation in Ontario, with a dedicated focus on empowering small and medium-sized enterprises through the transformative potential of applied research. By bridging the academic-business divide, we’re transforming the landscape and nurturing the growth of applied research, creating a brighter future for our province.”
– Jeff van Heumen, Assistant Vice-President, Business Development, Ontario Centre of Innovation (OCI)

About Seneca Polytechnic:
Seneca Polytechnic provides a great education to prepare our students for great careers. Combining academic rigour with practical, professional and career-focused learning, we offer our students a seamless transition from education to employment. Expert faculty, excellent staff, outstanding campuses, awesome technology, deep connections with industry: that’s Seneca Polytechnic.  

About York University:
York is a modern, multi-campus, research-intensive University located in Toronto, Canada. York University conducts purposeful research that advances knowledge and creates positive change. Informed by a strong commitment to shared values, including the promotion of social justice, diversity, and the public good, we aspire through our research to better understand the human condition and the world around us and to employ the knowledge we gain in the service of society.

About the Ontario Centre of Innovation:
The Ontario Centre of Innovation (OCI) brings industry, academic, and government partners together to invest in collaborative R&D, technology development, and commercialization opportunities that generate the highest return on innovation for Ontarians.

As an ecosystem connector, OCI initiates unparalleled partnership opportunities, develops and manages successful industry-academic collaborations, supports high-potential SMEs in commercializing ground-breaking research, and provides hands-on training and skills development opportunities for the next generation of highly-skilled talent.

OCI drives economic growth and job creation through investments in the development, commercialization, and adoption of advanced technologies.

For more information: https://www.oc-innovation.ca

Contacts:
Ryan Flanagan, Media & External Relations Specialist, Seneca Polytechnic
ryan.flanagan@senecacollege.ca

Yanni Dagonas, York University Media Relations & External Communications
yannidag@yorku.ca

Alicia Pereira, Director, Communications, Ontario Centre of Innovation (OCI)
apereira@oc-innovation.ca

Canada-Ukraine collaboration seeks tech solutions to national-security challenges Innovators from both countries invited to submit proposals

August 21, 2023

KITCHENER, ON. Aug. 21, 2023 — The Canada-Ukraine Security Innovation Challenge (CUSIC) today announced a Call for Solutions that invites Canadian and Ukrainian tech companies to submit innovative proposals to address a range of national-security challenges, from cybersecurity to secure communications between partner nations.

This important and timely project invites innovators from both countries to participate in a bilateral competition that will bring together tech entrepreneurs to present innovative solutions that will strengthen Canada and Ukraine’s technological expertise, with the goal of commercialization through piloting and procurement opportunities. 

Established earlier this year, CUSIC is a collaboration between Ukrainian Startup Fund, Ontario Centre of Innovation and Communitech.

Qualified companies will have the opportunity to pitch to Canadian and Ukrainian national-security stakeholders and will be selected for market-exploration discussions with key national security stakeholders.

Two sets of challenges have been developed: one each by Canadian and Ukrainian stakeholders. A description of all the challenges can be found here.

Timeline

• Proposed solutions can be submitted from Aug. 21 to Sept. 11.
• A panel of adjudicators, including national-security experts, will review the submissions.
• Companies chosen to proceed will be notified between Sept. 27 and Oct. 6, and will receive coaching and guidance leading up to a Solutions Showcase. (Applicants not selected will be given feedback). 
• The chosen companies will present their tech solutions to an audience of subject-matter experts, national-security partners and potential investors at a Solutions Showcase event scheduled for Nov. 9, 2023.

For more information, please visit: www.cusic.ca

For media inquiries, please contact: Alicia Pereira, Director, Communications and Strategy Ontario Centre for Innovation: apereira@oc-innovation.ca

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Quotes

“Collaboration is the catalyst for innovation. Through the Canada-Ukraine Security Innovation Challenge we are creating enduring global partnerships and forging a path for game-changing solutions to national security challenges.” – Claudia Krywiak, President & CEO at the Ontario Centre of Innovation.

“Ukrainian Startup Fund is proud to be part of the Canada-Ukraine Security Innovation Challenge, where collaboration ignites the forge of transformative advancements in the realm of security technology of both Canadian and Ukrainian technological enterprises. This union not only underscores our unwavering dedication to innovation but also heralds a potent era of cross-border cooperation, poised to reshape the landscape of security on a global scale.” – Pavlo Kartashov, CEO, Ukrainian Startup Fund.

“Communitech is proud to help foster the development and commercialization of leading-edge technology through the Canada-Ukraine Security Innovation Challenge. This initiative supports founders from both countries and is another example of our commitment to harness the power of collaboration to advance Tech for Good.”– Joel Semeniuk, Chief Strategy Officer, Communitech.

“Rogers Cybersecure Catalyst is a proud partner of the Canada-Ukraine Security Innovation Challenge. This initiative represents the type of cross-border collaboration needed to drive cybersecurity innovation and commercialization, so we can protect our society, institutions and national security.” – Sumit Bhatia, Director, Innovation and Policy,  Rogers Cybersecure Catalyst.

About the Ontario Centre of Innovation:
The Ontario Centre of Innovation (OCI) brings industry, academic, and government partners together to invest in collaborative R&D, technology development, and commercialization opportunities that generate the highest return on innovation for Ontarians. As an ecosystem connector, OCI initiates unparalleled partnership opportunities, develops and manages successful industry-academic collaborations, supports high-potential SMEs in commercializing ground-breaking research, and provides hands-on training and skills development opportunities for the next generation of highly skilled talent.
OCI drives economic growth and job creation through investments in the development, commercialization, and adoption of advanced technologies. For more information: https://www.oc-innovation.ca

About Communitech:
Established in 1997 in Waterloo Region, Communitech was built by tech founders who saw the need for a community of support to help ensure the future prosperity of Canada. Today, Communitech is Canada’s leading innovation hub, supporting a community of more than 1,200 founders by providing accelerated opportunities to access talent, capital and sales.
As Canada’s tech supercharger, Communitech helps founders start, grow and succeed by:
● Hiring and retaining the smartest, brightest and most experienced people
● Accessing growth financing at every stage
● Selling to the biggest customers at home and around the world
● Connecting the right people at the right time – peers who have been there before, coaches who can guide them through the difficult spots and partners from all over Canada

About Ukrainian Startup Fund:
Ukrainian Startup Fund is the one-of-a-kind state institution that helps innovative projects and technology startups raise funds at the early stages and launch their projects. The fund is the driver of the startup ecosystem development, provides conditions for the growth of the sector, creates a positive investment image of the Ukrainian tech industry abroad, and represents Ukrainian innovative solutions around the world.

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Media Inquiries
Alicia Pereira, Director of Communications, Ontario Centre of Innovation 
apereira@oc-innovation.ca

Ontario Supporting Made-In-Ontario Life Sciences Innovations

July 27, 2023

$3 Million in funding helping six companies bring Ontario medical innovations to the world

HAMILTON — The Ontario government is investing $3 million to help six life sciences companies develop and bring to market made-in-Ontario medical innovations and health-care solutions. These companies are the first recipients to receive support from the province’s Life Sciences Innovation Fund (LSIF), a new, early-stage fund that helps companies advance made-in-Ontario solutions and increase Ontario’s competitiveness.

“Through our Life Sciences Innovation Fund, our government is strengthening Ontario’s growing life sciences sector and ensuring our innovators have the resources they need to develop cutting-edge solutions,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “The first group of LSIF recipients will bring our life sciences sector to new heights, ensuring Ontario remains a global leader in the sector.”

Six life sciences companies will each receive $500,000 to accelerate the development of made-in-Ontario health-care solutions and bring these innovative solutions to market in Ontario and around the world:

• Fero International Inc., located in Hamilton, designs and builds modular infrastructure to provide scalable, rapidly deployable, and cost-effective solutions for health-care, remote communities and disaster relief.
• KEEP Labs Inc., located in Kitchener, has developed a smart storage device to help patients monitor their dosage of medication.
• InventoRR MD, located in Toronto, is developing several products for trauma and general surgery, including the AbClo – a medical device that provides traction to the abdomen to reduce the incidence of failed closure and major complications.
• Juniper Genomics, located in Toronto, has developed a proprietary approach that uses whole genome sequencing, bioinformatics and data to give patients and clinicians as much certainty as possible that embryo transfers for IVF will succeed.
• MIMOSA Diagnostics Inc., located in Toronto, has developed a medical device that looks below the surface of the skin to detect skin injuries before they are visible to the naked eye.
• Gotcare, located in Toronto, has developed technology to connect clients with ideal home care workers based on proximity, specialization, language, and cultural understanding.

“Life science startups face distinct challenges in moving their innovations from the research lab into the marketplace,” said Claudia Krywiak, President and CEO of the Ontario Centre of Innovation. “The Life Sciences Innovation Fund will provide much needed support to de-risk early-stage opportunities and accelerate time to market.”

The Life Sciences Innovation Fund is an important tool in Taking Life Sciences to the Next Level, the government’s life sciences strategy to secure Ontario as a global biomanufacturing and life sciences hub. Companies across the province can apply online to receive up to $500,000 to scale their made-in-Ontario health solutions. Over the last two and a half years, Ontario has attracted over $3 billion in life sciences investments. The province is now the largest life sciences jurisdiction in Canada.

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Quick Facts

• The Life Sciences Innovation Fund is delivered by the Ontario Centre of Innovation. Ontario’s $3 million investment in the first six companies will be matched by over $12 million in private sector co-investments.
• Ontario’s life sciences sector includes domestic and multinational companies, startups, hospitals, research centres, universities, technology incubators, and scientists. The health and life sciences sectors employ more than 70,000 people across 1,900 firms in Ontario.
• Ontario’s life sciences sector generates more than $65 billion in revenue. Annually, the sector exports $11 billion in goods, representing 62 per cent of total Canadian life sciences exports.
• To support the next phase of Taking Life Sciences to the Next Level, Ontario’s life sciences strategy, the province has established a Life Sciences Council. The council will explore ways to support the creation of good-paying jobs, accelerate commercialization and encourage the adoption of Ontario-made innovations to improve health-care and grow the economy.

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Quotes

“Our government’s is continuing to take bold and innovative action to strengthen the delivery of care for patients and their families. Through the Life Science Innovation Fund our government is championing innovative, made-in-Ontario solutions to build a more connected and convenient health-care system across the province.”

– Sylvia Jones
Deputy Premier and Minister of Health

“The life sciences sector is an important part of Hamilton’s economy. Our world-class talent is developing innovative solutions to complex medical challenges. This investment will enable six life science startups to bring their innovations to market more quickly, reinforcing Ontario’s reputation as a global manufacturing and life sciences hub, and positioning Hamilton to continue to be a leader within this sector.”

– Neil Lumsden
Member of Provincial Parliament for Hamilton East—Stoney Creek

“We are thrilled to have received support through the Life Sciences Innovation Fund for our company. This investment will assist with accelerating our ambitious growth strategy in the health-care sector. The world needs innovative, cost-effective, practical solutions to quickly address major infrastructure challenges and constraints in health-care, Indigenous and remote communities and areas hit hard by natural disasters, wars and other major crises. Having these resources will allow Fero to lead the way.”

– Sabrina Fiorellino
Chief Executive Officer of Fero International Inc.

“It’s exciting to be included with such a great group of innovators at a local level and to be part of the Life Sciences Innovation Fund. At KEEP, we have revolutionized medication management, creating a frictionless experience that leads to consistent, long term use all while passively capturing daily dosing data. This enables proactive intervention and provides a deeper understanding of the patient journey in the home for the first time. After a sold-out pre-order campaign and a TIME Best Invention recognition, we are about to launch in North America, and this investment will help us accelerate those efforts.”

– Jeff Wandzura
RPh, Chief Executive Officer of KEEP Labs

“InventoRR MD is grateful to have received the Life Sciences Innovation Funding. We look forward to continuing to improve patient outcomes, for open abdominal procedure patients, with our AbClo device and this funding will help us move forward with this goal.”

– Chris Bass
Chief Executive Officer of InventoRR MD Inc.

“Juniper Genomics is proud to be part of the first cohort of LSIF companies. The funding will support and accelerate our mission to help IVF patients have babies faster.”

– Jeremy Grushcow
Ph.D., J.D., Chief Executive Officer and Co-founder of Juniper Genomics

“We are excited to have received funding and are grateful to the Ontario Centre of Innovation through the Life Sciences Innovation Fund for their confidence in our business. This funding will enable us to expand our operations and accelerate our growth plans, ultimately helping us to bring the MIMOSA Pro to more health-care providers.”

– Dr. Karen Cross
Chief Executive Officer of MIMOSA Diagnostics Inc.

“Ontario’s investment in Gotcare will enable us to take some of the onus off overworked hospital workers, doctors and nurses, especially in rural and remote communities, where providing advanced in-home health services were traditionally considered impossible. The funding from LSIF is coming at a critical time of our organization’s growth, as we expand across Canada and beyond.”

– Chenny Xia
Co-founder of Gotcare

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Additional Resources

• Taking Life Sciences to the Next Level
• Life Sciences Innovation Fund
• Ontario Centre of Innovation

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Media Inquiries
Alicia Pereira, Director of Communications, Ontario Centre of Innovation 
apereira@oc-innovation.ca

Ontario Supporting More Innovation in Growing Tech Sector

June 28, 2023

New funding will help equip Ontario businesses with critical technologies to boost competitiveness

TORONTO — The Ontario government is investing up to $77 million in two projects to help Ontario companies adopt, develop and bring to market critical technologies, such as 5G, ethical artificial intelligence (AI), blockchain, cybersecurity and robotics. The new funding, announced during the Collision Conference in Toronto, will go to the Vector Institute for Artificial Intelligence and the Ontario Centre of Innovation (OCI).

“Critical technologies fuel innovation and drive growth in every sector, including automotive, life sciences and advanced manufacturing,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “By supporting the Vector Institute and the Ontario Centre of Innovation’s projects, we’re helping more companies access the critical technologies they need to become more competitive, grow and create more good-paying jobs.”

The OCI will receive up to $50 million through the province’s Critical Technology Initiatives program to launch new innovative programming that will help small and medium-sized Ontario businesses develop and adopt critical technologies in sectors including mining, agri-food, and advanced manufacturing.

The Ontario government’s support of technology development and adoption is vital,” said Claudia Krywiak, President and CEO of the OCI. “Ontario’s Critical Technology Initiatives will bring together large firms with innovative SMEs to build an ecosystem that leverages advanced technology assets and regional capabilities. We’re bridging industry needs with innovative SME-driven solutions and integrating different critical technologies to accelerate deployment across sectors.”

The Vector Institute will receive up to $27 million to help more companies connect with Vector’s AI engineers, researchers and AI professionals to help accelerate the safe and responsible adoption of ethical AI. The Vector Institute will also help small and medium-sized businesses increase their competitiveness with AI. This will make it easier for Ontario companies to develop AI applications, while also encouraging collaboration and new partnerships.

“The Ontario government’s strong commitment to the Vector Institute has played a central role in building a world class AI ecosystem in this province,” said Tony Gaffney, President and CEO of The Vector Institute. “We are proud to be part of these efforts to support innovation and will continue to grow the AI talent and skills needed to advance Ontario’s leadership role in the safe and responsible development and deployment of AI.”

Critical technologies can help Ontario companies increase productivity, open new revenue streams, create highly skilled jobs and enhance global competitiveness. The province’s $107 million Critical Technology Initiatives funding supports programs led by not-for-profit organizations that will accelerate the use of critical technology by Ontario companies and enable the development of innovative made-in-Ontario solutions.

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Quick Facts

• Ontario has one of the largest information and communications technology (ICT) sectors in North America and is home to over 400,000 ICT workers. Ontario’s technology sector is centred around the Toronto, Waterloo and Ottawa regions.
• AI, 5G and quantum technologies are expected to contribute $29 trillion to the global economy by 2035.
• The Ontario Vehicle Innovation Network (OVIN) is an Ontario government initiative through the OCI to accelerate the development, testing, commercialization and deployment of the next generation of electric, connected, and autonomous vehicle and mobility technologies. Through OVIN, Ontario is investing $56.4 million over four years to accelerate the development of next generation electric, connected and autonomous vehicles and mobility technologies.

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Quotes

“Ontario companies have a long history of innovating, commercializing, and adopting technology. As emerging technologies take hold of key industries, the Government of Ontario’s Critical Technology Initiatives will ensure that Ontario companies across multiple sectors remain competitive by commercializing and adopting homegrown critical technologies and in turn export them across the world.”

– Raed Kadri
Vice President of Strategic Initiatives, Business Development and Head of OVIN at the OCI

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Additional Resources

• Critical Technology Initiatives
• Vector Institute for Artificial Intelligence
• Ontario Centre of Innovation

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Media Inquiries
Alicia Pereira, Director of Communications, Ontario Centre of Innovation 
apereira@oc-innovation.ca

Ontario Centre of Innovation announces new Innovating Digital Health Solutions Program

June 22, 2023

The program fosters partnerships between Ontario Health Teams and Ontario-based Technology Vendors

TORONTO, June 22, 2023 – Today, the Ontario Centre of Innovation (OCI), in partnership with the Ministry of Health, announced the Innovating Digital Health Solutions (IDHS) program to encourage applications from Ontario Health Teams (OHTs) and other health service providers to work in collaboration with Ontario based SMEs in evaluating, adopting, and implementing digital health technologies. This program aims to address Ontario’s health system priorities and to drive collaboration to improve patient outcomes, optimize the impact of investment in health innovation and support Ontario-based health innovation companies.

“Our plan to deliver connected and convenient health care options closer to home will require leveraging of new technologies and better ways to deliver care,” said Sylvia Jones, Deputy Premier and Minister of Health. “The Innovating Digital Health Solutions program will help find new opportunities to ensure people connect with the health care they need, when and where they need it most.”

The Ministry of Health uses the program to prioritize health goals and focus on innovative solutions that target specific health outcomes. The health priority areas for IDHS have been determined through Challenge Statement Workshops that brought together health system stakeholders with a shared vision of digitally-enabled integrated care delivery.

“Ontario is home to a remarkable cluster of world-renowned research institutions, innovative start-ups, researchers, developers and manufacturers,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Building on the over $3 billion invested in Ontario by biomanufacturers and life sciences companies over the past two and half years, the Innovating Digital Health Solutions program will strengthen our life sciences sector by fostering more economic opportunities, leveraging our thriving STEM talent, and driving ground-breaking developments across the province.”

Projects must be led by a one or more Ontario Health Team(s) (OHTs) or other Health Service Providers and include a response that supports one of the challenge statements that arise from the Challenge Statement Workshops.

“The Innovating Digital Health Solutions Program supports the development of made-in-Ontario health technologies by accelerating evaluation, and adoption in the Ontario health system. OCI is grateful to the Government of Ontario and the Ministry of Health (MOH) for their support on programs that impact the Ontario Health system, focusing on better patient outcomes,” said Claudia Krywiak, President and CEO of the Ontario Centre of Innovation (OCI).

Program information can be found online at: Innovating Digital Health Solutions

About the Ontario Centre of Innovation:
The Ontario Centre of Innovation (OCI) brings industry, academic, and government partners together to invest in collaborative R&D, technology development, and commercialization opportunities that generate the highest return on innovation for Ontarians. As an ecosystem connector, OCI initiates unparalleled partnership opportunities, develops, and manages successful industry-academic collaborations, supports high-potential SMEs in commercializing ground-breaking research, and provides hands-on training and skills development opportunities for the next generation of highly skilled talent. OCI drives economic growth and job creation through investments in the development, commercialization, and adoption of advanced technologies. For more information: https://www.oc-innovation.ca

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Media Inquiries
Alicia Pereira, Director of Communications, Ontario Centre of Innovation 
apereira@oc-innovation.ca

Communitech, Ukrainian Startup Fund, and the Ontario Centre of Innovation sign MOU on World Innovation Day

April 21, 2023

Communitech, Ukrainian Startup Fund, and the Ontario Centre of Innovation signed an MOU to collaborate on a Canada-Ukraine Security Innovation Challenge. 

TORONTO, April 21, 2023 – Today, to highlight World Innovation Day and to deepen the collaboration between Canada and Ukraine, the Canada-Ukraine Security Innovation Challenge (CUSIC) has been established. This challenge will be a collaborative effort between Communitech, the Ontario Centre of Innovation (OCI), and the Ukrainian Startup Fund, among other partners.

Tech companies in Canada and Ukraine will be invited to participate in a bilateral competition and showcase that will bring together tech entrepreneurs from both countries to work on innovative solutions that will strengthen Canada and Ukraine’s technological expertise and could shape the future of national, economic, and climate security. 

“We are thrilled to launch the Canada-Ukraine Security Innovation Challenge with our partners as a testament to the power of collaboration between our two nations.  By leveraging innovative and leading-edge solutions from Canadian and Ukrainian entrepreneurs, we can address critical national, economic, and climate security challenges.  At the Ontario Centre of Innovation, we are committed to accelerating the development and adoption of new technologies that can truly make an impact on the global stage.” – Claudia Krywiak, President and CEO of the Ontario Centre of Innovation

“Communitech is proud to participate in the Canada-Ukraine Security Innovation Challenge and work to connect founders in Canada’s innovation economy with opportunities that have the potential to strengthen technological excellence in both countries while also shaping the future of modern global security. This initiative is another example of our ecosystem’s commitment to harnessing the power of collaboration and using Tech For Good™.” – Joel Semeniuk, Chief Strategy Officer at Communitech

“We are pleased to launch together with partners the Canada-Ukraine Security Innovation Challenge. Being a country with a digitalization attitude, we deeply believe that the future of national, economic and climate security belongs to the solutions invented by creative minds, entrepreneurs and tech leaders. For the Ukrainian Startup Fund as a national tech ecosystem builder, this project helps to scale and expand the opportunities for the Ukrainian startup teams developing cutting-edge solutions which could tackle the global challenges today and tomorrow. We are also grateful to Den Herman for his assistance in making our connection happen. Together, we can empower the next generation of innovators to build a better world. ” – Pavlo Kartashov, CEO of the Ukrainian Startup Fund.

More information on the Challenge will be released in the coming weeks.

About the Ontario Centre of Innovation:
The Ontario Centre of Innovation (OCI) brings industry, academic, and government partners together to invest in collaborative R&D, technology development, and commercialization opportunities that generate the highest return on innovation for Ontarians. As an ecosystem connector, OCI initiates unparalleled partnership opportunities, develops and manages successful industry-academic collaborations, supports high-potential SMEs in commercializing ground-breaking research, and provides hands-on training and skills development opportunities for the next generation of highly skilled talent.
OCI drives economic growth and job creation through investments in the development, commercialization, and adoption of advanced technologies. For more information: https://www.oc-innovation.ca

About Communitech:
Established in 1997 in Waterloo Region, Communitech was built by tech founders who saw the need for a community of support to help ensure the future prosperity of Canada. Today, Communitech is Canada’s leading innovation hub, supporting a community of more than 1,200 founders by providing accelerated opportunities to access talent, capital and sales.
As Canada’s tech supercharger, Communitech helps founders start, grow and succeed by:
● Hiring and retaining the smartest, brightest and most experienced people
● Accessing growth financing at every stage
● Selling to the biggest customers at home and around the world
● Connecting the right people at the right time – peers who have been there before, coaches who can guide them through the difficult spots and partners from all over Canada

About Ukrainian Startup Fund:
UKRAINIAN STARTUP FUND is the one-of-a-kind state institution that helps innovative projects and technology startups raise funds at the early stages and launch their projects. The fund is the driver of the startup ecosystem development, provides conditions for the growth of the sector, creates a positive investment image of the Ukrainian tech industry abroad, and represents Ukrainian innovative solutions around the world.

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Media Inquiries
Alicia Pereira, Director of Communications, Ontario Centre of Innovation 
apereira@oc-innovation.ca

Ontario investments in Regional Technology Development sites across the province

December 13, 2022

Seven regional sites harness the automotive, manufacturing and mobility strengths, expertise and opportunities Ontario has to offer

TORONTO, December 13 – Today the Government of Ontario announced an investment of $19 million through the Ontario Vehicle Innovation Network (OVIN) toward the province’s seven Regional Technology Development Sites (RTDS). This investment brings the government’s overall commitment to approximately $46.5 million, which will help Ontario lead the next generation of vehicle development and manufacturing of zero-emission, electric vehicles (EV).

“Investing in Ontario’s manufacturing and innovation ecosystem is another way our government is ensuring Ontario remains a global leader in innovation,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “This investment in the Regional Technology Development sites will help to ensure that innovators, entrepreneurs, and small and medium-sized enterprises across the province have the support they need to bring Ontario-made EV and connected and autonomous vehicle solutions to the world. The cars of the future will be built in Ontario by Ontario workers.”

There are seven RTDS’ across Ontario, part of a flagship program to drive innovation and investment across Ontario’s electric, connected and autonomous vehicle sector. An overall $56.4 million investment in OVIN is part of Driving Prosperity ― The Future of Ontario’s Automotive Sector, the government’s 10-year plan to drive deals and secure production mandates for hybrid and electric vehicles, create a domestic battery ecosystem, and strengthen Ontario’s position as a North American automotive and EV innovation hub.

“The Ontario Centre of Innovation is grateful for the Ontario government’s continued support of the province’s innovators and entrepreneurs. Funding to these Regional Technology Development Sites across the province will result in reaching more companies and supporting Ontario’s position as a leader in the automotive and mobility sectors,” said Claudia Krywiak, President, and CEO of the Ontario Centre of Innovation (OCI).

Over the last two years, Ontario has attracted $16 billion in transformative automotive investments by global automakers and suppliers of electric vehicle batteries and battery materials. This includes more than $12.5 billion in electric vehicle (EV) and EV battery-related manufacturing investments. These include significant and historic investments by Honda, Stellantis and LG Energy Solution, General Motors, and Ford that will generate and secure thousands of local jobs for the province’s highly talented automotive workforce.

“Ontario has emerged as a global leader in the automotive and mobility sector as it transforms towards electric, connected, and autonomous vehicles,” said Raed Kadri, Vice-President Strategic Initiatives and Head of Ontario Vehicle. “Through the OVIN Regional Technology Development Sites, we are harnessing the strengths of our entire province, from the critical mineral wealth of Northern Ontario and to the manufacturing strength of Southern Ontario, and everywhere in between – cementing Ontario’s role as the global hub for the vehicles of the future.”

About the Ontario Vehicle Innovation Network (OVIN)
OVIN is an initiative of the Government of Ontario, led by the Ontario Centre of Innovation (OCI), designed to reinforce Ontario’s position as a North American leader in advanced automotive technology and smart mobility solutions such as connected vehicles, autonomous vehicles and electric and low-carbon vehicle technologies. Through resources such as research and development (R&D) support, talent and skills development, technology acceleration, business and technical supports, and demonstration grounds, OVIN provides a competitive advantage to Ontario-made automotive and mobility technology companies.

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For more information

416-888-4088
apereira@oc-innovation.ca