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Assunta Krehl

MaRS makes its first foray into the cleantech spotlight - Cleantech Group - 0 views

  • Five cleantech companies receive support at the Cleantech Forum in Boston from Canadian incubation and innovation center MaRS.
  • Alternative Fuels was just one of a lineup of early-stage startups being supported by MaRS, a nonprofit innovation center in Toronto’s downtown Discovery District that connects entrepreneurs with business skills, networks and capital to stimulate innovation and grow Canadian companies.
  • This week’s forum marked the organization’s first foray into the cleantech sector, said MaRS Venture Group Associate Kevin Downing. Downing said he wanted to connect cleantech-related companies in the MaRS portfolio that were “investment ready” with the forum’s audience. “I don’t have a motive to push any one client over any other because they’re not paying me,” Downing said. Of the 1,300 MaRS portfolio companies, he said the cleantech sector has been its fastest growing segment and an expanding sector in country as well (see Canadian cleantech looks to the future and IPO drought? Cleantech companies flood Canadian markets). Since 2006, cleantech and environmental technology companies have made up 9 percent of MaRS' portfolio. MaRS currently has 350 active clients. The center isn’t government funded, but does receive some government support, he said. It has been funded through donations from the public and private sector. MaRS has the ability to provide some funding, around $40,000, to startups on a competitive basis. Other companies showcased at the forum through MaRS included NIMtech, Real Tech, Vicicog and Skymeter.
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  • This week’s forum marked the organization’s first foray into the cleantech sector, said MaRS Venture Group Associate Kevin Downing. Downing said he wanted to connect cleantech-related companies in the MaRS portfolio that were “investment ready” with the forum’s audience. “I don’t have a motive to push any one client over any other because they’re not paying me,” Downing said. Of the 1,300 MaRS portfolio companies, he said the cleantech sector has been its fastest growing segment and an expanding sector in country as well (see Canadian cleantech looks to the future and IPO drought? Cleantech companies flood Canadian markets). Since 2006, cleantech and environmental technology companies have made up 9 percent of MaRS' portfolio. MaRS currently has 350 active clients. The center isn’t government funded, but does receive some government support, he said. It has been funded through donations from the public and private sector, as well as revenue from its mixed-use facility. MaRS has the ability to provide some funding, around $40,000, to startups on a competitive basis. Other companies showcased at the forum through MaRS included NIMtech, Real Tech, Vicicog and Skymeter.
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    Five cleantech companies received support at the Cleantech Forum in Boston from Canadian incubation and innovation center MaRS. Some of the companies showcased at the forum through MaRS included NIMtech, Real Tech, Vicicog and Skymeter. Sept 10, 2009
Sarah Hickman

Podcast: Wharton's Kevin Werbach Speaks with IBM's David Yaun about the Global Innovati... - 0 views

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    Kevin Werbach, a professor of legal studies and business ethics at Wharton, spoke recently with David Yaun, an IBM executive, about the company's Global Innovation Outlook project. According to Yaun, "traditionally, companies have identified innovation with gadgets and gizmos, but that thinking is being transformed." The definition of innovation is being broadened -- it is becoming more open, collaborative, global and inter-disciplinary. "The barriers to innovation and collaboration have come down dramatically," Yaun says. This was the second in a series of interviews about themes to be featured at Supernova, a conference Werbach organizes in collaboration with Wharton in San Francisco.
Assunta Krehl

Commercialization Gap - BioBEAT - 0 views

  • Groups like MaRS and OCE exist to offer funding and managerial guidance to help entrepreneurs take their great con- cept to market. Our role at MaRS is to help innovators bridge this commercialization gap. We provide advisory services, market intelligence and seed funding in conjunc-
  • tion with OCE
  • Veronika Litinski is the Director of MaRS Venture Group. For assistance in drafting this article, thanks to Kevin Downing, Asso- ciate with MaRS Venture Group
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    The Commercialization Gap is the transition from basic knowledge and a commercialization product. The issue the commercialization gap is explored.
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    The Commercialization Gap is the transition from basic knowledge and a commercialization product. The issue the commercialization gap is explored. Feb 1, 2007
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