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Assunta Krehl

Toronto's $25 million commercialization "engine" celebrates the appointment of its Boar... - 0 views

  • MaRS Innovation is honoured to announce its permanent Board of Directors, who brings together a remarkable and broad set of experiences and networks to support the development of this dynamic partnership of Toronto research institutions.  Designed to enhance the commercial output of Toronto’s world-leading research cluster, MaRS Innovation is positioned to make a significant contribution to Canada’s innovation economy and the quality of life for Canadians and others around the world.
  • upported by the Government of Canada through the Centres of Excellence in Research and Commercialization (CECR) program, and its member institutions, MaRS Innovation is focused on converting important discoveries into a new generation of products, services and high value jobs. The newly appointed Board of Directors, which includes academic and business leaders from across Canada and the United States, has the targeted expertise to guide MaRS Innovation to deliver on this critical mission.   MaRS Innovation represents a unique collaborative model, which aggregates the exceptional discovery pipeline of 14 leading Toronto academic institutions to build a diversified portfolio of assets, and harness the economic and job creation potential of the best opportunities for Toronto, Ontario and Canada.
  • “MaRS Innovation is privileged to announce a Board of Directors of this caliber and breadth of skill,” said Mary Jo Haddad, Chair of the MaRS Innovation Board and President and CEO of The Hospital for Sick Children. “The collective experience and guidance of these individuals will be critical to developing a collaborative, integrated and agile approach to this transformational organization that will move Canada into its next phase of economic development.”
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  • W. Geoffrey Beattie – Deputy Chairman & President, Woodbridge Company Limited, Thomson Reuters Corporation, Toronto Christopher C. Capelli – Vice President, Technology Based Ventures, Office of Technology Commercialization, University of Texas, M.D. Anderson Cancer Center, Houston, TX Ron Close – Information technology entrepreneur, Entrepreneur-in-Residence, MaRS, and Executive Entrepreneur-in-Residence, The Richard Ivey School of Business, The University of Western Ontario, London, ON Nicholas Darby – Formerly Director of Physical Sciences, Corporate Venture Capital, Dow Chemical Company, President, Darby & Associates Consulting LLC, Midland, MI  Mary Jo Haddad – President & CEO, The Hospital for Sick Children, Toronto Jacqueline H.R. Le Saux – Former General Counsel, North America and Corporate Secretary, Patheon, Inc., Toronto David A. Leslie - Chair, Sunnybrook Health Sciences Centre, and Former Chairman & CEO, Ernst & Young, Toronto Michael H. May – President & CEO, Rimon Therapeutics, Toronto Chandra J. Panchal – Founder, President & CEO, Axcelon Biopolymers Corp., Dollard-des-Ormeaux, QC Ilse Treurnicht – CEO, MaRS Discovery District, Toronto Donald A. Wright – President & CEO, The Winnington Capital Group Inc., Toronto
  • MaRS Innovation serves as a business accelerator platform with a single point of entry for industry partners and investors.  It will increase the scale, scope and viability of IP offerings, and the quantity and quality of deal flow from partner institutions.  MaRS Innovation will also facilitate strategic research collaborations with industry partners, strengthen the innovation capacity of Canadian industry through adoption of new technologies from its member institutions, and launch a new generation of robust, high-growth Canadian companies that will become global market leaders.   The quality of the combined discovery pipeline will catalyze and attract sources of risk capital for translational research, market validation, company formation and growth.  “MaRS Innovation represents a unique and timely platform to contribute in a meaningful way to Canada’s knowledge economy, leveraging Toronto’s remarkable research excellence.  The vision and serious commitment of its members to work together to transform our commercialization results, and the support of the Federal Government, made this possible.  The announcement of this outstanding group of leaders to the Board of Directors for MaRS Innovation is an exciting step forward,” said Ilse Treurnicht, MaRS CEO and interim Managing Director of MaRS Innovation.
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    MaRS Innovation announced its permanent Board of Directors. MaRS Innovation is focused on converting important discoveries into a new generation of products, services and high value jobs.
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    MaRS Innovation announced its permanent Board of Directors. MaRS Innovation is focused on converting important discoveries into a new generation of products, services and high value jobs. Feb 6, 2009
Karen Schulman Dupuis

Corporate Canada begins the search for (social) returns - The Globe and Mail - 0 views

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    Can the private sector and market-based models play a bigger role in the traditional turf of charities and government, tackling issues like youth unemployment and childhood obesity?
Assunta Krehl

YFile - Symposium examines the path to breakthrough medicines - 0 views

  • Canada has the research expertise to develop drugs and vaccines to address pressing medical needs, but delivering on the promise will require new models of collaboration between scientists, biotechnology, the pharmaceutical industry, business and policy makers according to speakers at an upcoming symposium hosted by The Gairdner Foundation and York University. The symposium, Entrepreneurship & Commercialization in Biomedical Science, on Thursday, May 14, marks the 50th anniversary of both York University and The Gairdner Foundation.
  • The Gairdner Foundation recognizes the world's leading medical research scientists through its prestigious annual awards program for biomedical science. The symposium, which is hosted by York’s Faculty of Science & Engineering and Schulich School of Business, will bring together scientist entrepreneurs, Canadian venture capital firms, the biomedical industry and policy-makers.
  • He will be followed by Smith, founder and former president & CEO of RBC Ventures and a member of the board of Toronto's MaRS innovation centre. Smith will speak about how Canada has made strong progress in positioning itself as a potential leader in biotech and medical research and in its commercialization efforts but faces two clear threats – the global financial calamity together with the lack of clear federal government support for research.
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    The symposium, Entrepreneurship & Commercialization in Biomedical Science, is being held on Thursday, May 14, which marks the 50th anniversary of both York University and The Gairdner Foundation. At this symposiums they will address the problem that Canadian researchers expertise to need to do in developing drugs and vaccines to address pressing medical needs. Mention of Susan Smith as a Board Member of MaRS Innovation.
Cathy Bogaart

Entrepreneurs doing good | Saving the world | The Economist - 0 views

  • The temple has a conference room equipped with state-of-the-art audio-visual aids. Its board of directors includes several leading software billionaires and their wives, providing it with money as well as connections.
  • The monks are entrepreneurs as well as holy men, one moment talking about reincarnation and the next about sustainable delivery models.
  • he temple provides 200,000 local schoolchildren with free meals every day.
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  • purpose of feeding India’s rural poor. He invested $1m—and many years of his life—in breeding a superchicken
  • invented a “lapdesk” that sits on the child’s lap and provides a stable surface. The desks are covered in advertisements, so Mr Immelman is able to hand them out free,
  • In the long run, however, the best thing that entrepreneurs can do for the poor may be simply to see them as workers and customers.
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    The Economist shows how different entrepreneurs around the world are creating businesses with the goal of improving the world, while still making money: social entreprenuership
Cathy Bogaart

The Little Nano that Could - 0 views

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    Vive Nano receives accolades for its clean tech approach. Its appeal is in its business model: to develop new processes and company-specific nanoparticles, then lease out their know-how to established companies who have both their own distribution networks and capability to deal with the various national regulatory hurdles that a small firm could never hope to manage.
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    MaRS client and Toronto nanotechnology upstart Vive Nano is featured in Yonge Street magazine as a good news story for innovative business in TO.
Sarah Hickman

MaRS Discovery District - Recommended Resources - Commercialization Resources - Your He... - 0 views

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    The Canadian Institutes of Health Research (CIHR) publishes yearly reports on Canadians' research dollars at work. In addition to reporting on specific health care 'research successes' and developments, the site links to regional profiles (Atlantic Canada, Quebec, Ontario, The Prairies, and British Columbia). The 2006-2007 editions are now up.\n\nCIHR's 2-page Commercialization report (PDF) for 2006-2007 reveals Canada's Innovation Index for the year as well as the country's shift towards investing in new companies and capacities. CIHR's commercialization strategy includes research, talent, capital, and linkages.
Sarah Hickman

The Design of Things to Come: How Ordinary People Create Extraordinary Products: Amazon... - 0 views

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    The iPod is a harbinger of a revolution in product design: innovation that targets customer emotion, self-image, and fantasy, not just product function. Read the hidden stories behind BodyMedia's SenseWear body monitor, Herman Miller's Mirra Chair, Swiffer's mops, OXO's potato peelers, Adidas' intelligent shoes, the new Ford F-150 pickup truck, and many other winning innovations. Meet the innovators, learning how they inspire and motivate their people, as they shepherd their visions through corporate bureaucracy to profitable reality. The authors deconstruct the entire process of design innovation, showing how it really works, and how today's smartest companies are innovating more effectively than ever before.
Assunta Krehl

Innovation Hub in stagnation - Ottawa Business Journal - 0 views

  • Almost two years after Ottawa's 'Innovation Hub' was first proposed, documents show the province has serious concerns as to whether the Hub can garner enough private-sector support or will create enough jobs to qualify for funding.
  • The Hub is modelled after similar centres around the world, including the MaRS Discovery District in Toronto. But the concept has local critics, including Ottawa serial entrepreneur John Ogilvie, who said governments looking to promote innovation should focus on setting up commercialization facilities at universities.
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    Almost two years after Ottawa's 'Innovation Hub' was first proposed, documents show the province has serious concerns as to whether the Hub can garner enough private-sector support or will create enough jobs to qualify for funding.
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    Almost two years after Ottawa's 'Innovation Hub' was first proposed, documents show the province has serious concerns as to whether the Hub can garner enough private-sector support or will create enough jobs to qualify for funding. Feb 9, 2009
Tim T

Sony's Digital Book Downloads from the Public Library - BusinessWeek - 0 views

  • One of the neat features of the Sony Reader is that you can “borrow” electronic books from participating libraries, including ones in New York, Chicago and my public library in Seattle. So I went to digital media page on its Web site and searched for Eclipse. It turns out that six of the library’s eight copies of the book in Adobe’s eBook format, which works with Sony’s eBook devices, were available to borrow for 21 days. I typed in my library card number and PIN, clicked download, and a few seconds later, the book was on my PC. Then, I connected the Sony Reader via the USB port and the book zipped over to my device.
  • a 7-inch touch-screen version with 3G connectivity, so users can download books without having to plug the device into their PCs.
  • It’s not a closed business model
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  • We want to innovate to get better and better access to content
  • Reader owners can already buy electronic books from 200 bookstores
  • don’t know how important those booksellers will be to the success of the Sony Reader. The Kindle has mindshare as well as market share. But the opportunity to instantly get a book from the library at 8 pm so my 11-year-old could have something to read before bed was pretty nifty. And it didn’t cost me a dime
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    eBook reader
Tim T

Web publishers left with little after middlemen split ad spoils | Marketing & Advertisi... - 0 views

  • In a not-atypical scenario, a publisher may only receive $1 of a $5 cost-per-thousand media buy once all the middlemen have taken their tithes. Where does the rest go? According to an estimate from Tolman Geffs, co-president of investment bank Jordan Edmiston, it gets divided like this: The agency ($.75), ad network ($2), data provider ($0.75), ad exchange ($0.25) and the ad server ($0.25).
  • The space between advertiser and publisher has become jam-packed over the last decade, with literally hundreds of ad networks, data companies, yield managers, ad servers and exchanges all purporting to serve advertisers or publishers in some unique way; but all have their own business models that may or may not be adding value to either.
  • they're all dipping into the display-ad revenue stream.
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  • what parts of the online display-ad ecosystem, estimated by eMarketer to be worth $7.9 billion in 2010, are adding value for publishers or brands, and what parts are preventing the flow of brand dollars into the system.
  • While some publishers remain wary of Google as both a service provider to publishers as well as a competitor for display-ad dollars, Google's argument is that its motivations are virtuous. As VP-Product Management Susan Wojcicki said last week at the Internet Advertising Bureau's annual meeting, Google makes money when publishers do. That, and the set-up isn't much different from Microsoft, itself a seller of online ads as well as a service provider to publishers.
  • Any time you have companies talking about their secret algorithms or black boxes, it should raise a red flag, he said. For publishers and advertisers, the question should be: Do they make the whole thing bigger and better?
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    AdAge - In a not-atypical scenario, a publisher may only receive $1 of a $5 cost-per-thousand media buy once all the middlemen have taken their tithes. Where does the rest go? According to an estimate from Tolman Geffs, co-president of investment bank Jordan Edmiston, it gets divided like this: The agency ($.75), ad network ($2), data provider ($0.75), ad exchange ($0.25) and the ad server ($0.25).
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