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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
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
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

Toronto building sites sit idle as developers wait for better times - Daily Commercial ... - 0 views

  • MaRS Discovery District expansion on hold because private funding sources have hit the wall in the global credit meltdown, there are more than a few quiet jobsites in and around Toronto.
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    Several high-rise sites in the downtown core have been temporarily shut down as the developers wait for the economic climate to improve. Mention of MaRS Discovery Districts' expansion on hold.
Cathy Bogaart

teenentrepreneurblog.com - 0 views

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    RenegadeCEOs.com - all for youth entrepreneurs (under the age of 19). Complete with cool, down-to-earth words, videos, blogs, communities (invite-only, for the top-quality entrepreneurs!?) and other goodies. Love that this is for youth, but has GREAT stuff for ALL entrepreneurs and I love the no-BS straight talk.
George Botos

Judge Invalidates Human Gene Patent - NYTimes.com - 0 views

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    A federal judge on Monday struck down patents on two genes linked to breast and ovarian cancer. The decision, if upheld, could throw into doubt the patents covering thousands of human genes and reshape the law of intellectual property
Cathy Bogaart

Morgan Solar Rethinks Concentrating PV - Renewable Energy World, April 12, 2011 - 0 views

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    MaRS cleantech client, Morgan Solar is profiled in Renewable Energy World. Morgan Solar aims to drive down the cost of concentrating solar photovoltaics by rethinking the optics.
Assunta Krehl

How realistic is Wall Street meltdown movie Margin Call? We asked the experts - The Sta... - 0 views

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    Laura Stone, Toronto Star reporter, reviews the movie Margin Call where a young analyst discovers a fatal flaw in the company's system - one that threatens to bring down the entire American financial industry and evaluates how realistic it is by interviewing 3 experts. Tom Rand, MaRS Senior Cleantech Advisor is one expert that was interviewed.
Cathy Bogaart

Drilling Down - On Twitter, a Close-Knit Network - NYTimes.com - 0 views

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    Data from social media consulting firm Sysomos (MaRS client) says Twitter users are separated by six degrees. Article in the New York Times.
Assunta Krehl

Kicking out the jams - The Star - 0 views

  • In November, Skymeter moved into the incubator at the MaRS Centre, where marketing expert Peter Evans has become their mentor and godfather. "Being surrounded by other entrepreneurs is inspiring and enlightening," Hassan says. "MaRS is an amazing place, with excellent speakers and events that are open to the public."
  • The father of Skymeter Corp. – which developed a BlackBerry-sized device that uses GPS signals; placed in vehicles, it meters the use of roads, parking and pay-as-you-drive insurance
  • Skymeter's black box will be attached to the windshield of cars so the box has a clear view of the sky. (Grush has figured out how to cope with tall buildings blocking signals.) The box contains a GPS receiver, some memory, a processor and a telecommunications chip. The satellite beams down to the earth, the GPS receiver computes where it is and uploads its history to a data centre to generate the bill. The vehicle measures its own use; the bill is itemized like a cellphone bill. If you prepay, the bill can be calculated on board.
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  • But the next steps – getting the Skymeter vehicle location billing system tested in Europe, the U.S. and Canada – are crucial to the realization of Grush's entrepreneurial dreams.
  • pay-as-you-drive insurance. He spent two years driving around, collecting data, writing a little software.
  • Another person at the Innovation Centre offered to "take me in and help write a business plan – for a 40 per cent stake in the business," Grush says. "Fortunately, I found Kamal."
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    As stated in the Toronto Star, "Skymeter Corp., a MaRS Tenant has developed a BlackBerry-sized device that uses GPS signals; placed in vehicles, it meters the use of roads, parking and pay-as-you-drive insurance. Skymeter's goal is to put a dent in urban traffic congestion."
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    As stated in the Toronto Star, "Skymeter Corp., a MaRS Tenant has developed a BlackBerry-sized device that uses GPS signals; placed in vehicles, it meters the use of roads, parking and pay-as-you-drive insurance. Skymeter's goal is to put a dent in urban traffic congestion." Feb 19, 2007
Cathy Bogaart

Plucking 'low hanging fruit' on energy tree - with MaRS Advisor, Tom Rand - 0 views

  • The groundswell of geothermal interest among builders, developers and individual homeowners all over the GTA is mainly because it's what "green" venture capitalist Tom Rand calls "low hanging fruit" on the energy tree – easy to pluck and very cheap in the long run.
  • It has special appeal in large-scale operations, something Rand covers in a book he is working on. "I didn't think it was possible to go 100 per cent renewable but the studies support it.''
  • He claims that "if you drill 10 kilometres down to the really high temperatures, you can make enough energy to supply the whole U.S. with between three and 30,000 times more energy than it needs."
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  • It might be said that the Planet Traveler hotel in Kensington Market, in which Rand is a partner, is a bit of a test case. Although it appeared initially that geothermal wouldn't be possible on such a tight city lot, Rand approached the city about using the lane behind the hotel to sink his geothermal pipes.
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    The groundswell of geothermal interest among builders, developers and individual homeowners all over the GTA is mainly because it's what "green" venture capitalist and MaRS Advisor Tom Rand calls "low hanging fruit" on the energy tree - easy to pluck and very cheap in the long run. Tom talks about the opportunities available to enterprising, innovative businesses.
Assunta Krehl

"Sibling success" - InnovationCanada.ca - 0 views

  • Dubbed Certo-Ex, their simple concept streamlines sampling in these billion-dollar industries, bringing a process that can take 4 to 24 hours for a single sample down to a mere 30 minutes for multiple samples. The brothers have combined Ameer’s scientific expertise and Ahmed’s business savvy and also hope one day to broaden their work to include helping other young and promising inventors.
  • Part of their TiEQuest winning gave them access to networking with MaRS Discovery District, a Toronto-based, non-profit centre that brings together Canadian science, business and investment capital. Here they met the third member of their team, industrial designer and entrepreneur Lahav Gil, who has been designing and building technology products and medical devices for more than two decades with his company, Kangaroo Design and Product Development. Gil wanted to help the brothers because he liked them.
  • “They had a very innocent and authentic desire to commercialize their idea,” says Gil. “And that was quite inspiring.”
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    Story about Certo-Ex which have a device that streamlines sampling and can revolution the time and money spent by pharmaceutical, environmental and food industries. Mention of how TiEQuest had given them access to network with MaRS.
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    Story about Certo-Ex which have a device that streamlines sampling and can revolution the time and money spent by pharmaceutical, environmental and food industries. Mention of how TiEQuest had given them access to network with MaRS. Jan 14, 2009
Tim T

IAB Report: Internet Advertising Down, Search Ads Up First Half 2009 - Search Marketing... - 0 views

  • The Interactive Advertising Bureau (IAB)
  • Overall Internet advertising in the first half of 2009 declined by 5.3%
Tim T

United States: Square-root reversal | The Economist - 0 views

  • America will recover, but too weakly for comfort
  • a cycle that resembles not a V, U or W, but a reverse-square-root symbol: an expansion that begins surprisingly briskly, then gives way to a long period of weak growth.
  • Based on experience, the American economy, which shrank by some 4% over the course of the 2007-09 recession, ought to grow by as much as 8% in its first year of recovery. The unemployment rate, around 10% in late 2009, should drop to about 8%.
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  • That won’t happen.
  • None of these factors, however, can sustain strong growth past 2010 without a self-sustaining cycle of private spending and income growth. Several obstacles stand in the way of that transition. Through to mid-2009 households had lost $12 trillion, or 19% of their wealth, because of the collapse in house and stock prices. That saps their purchasing power and pushes them to save more, especially those nearing retirement. Though they’ll boost their saving only gradually, that still means consumer spending (about 70% of GDP) will grow more slowly than income, after two decades in which it usually grew more quickly. High unemployment will hold back wage gains (see chart); wage cuts are already commonplace. Leaving aside swings in energy prices, inflation, now about 1.5%, will slip to zero and may turn to deflation in late 2010. Deflation drives up real debt burdens, further sapping consumer spending.
  • The government won’t let any more big banks fail, but the survivors are neither inclined nor able to expand their lending much. Residential- and commercial-property values fell by $8 trillion, or almost 20%, through to mid-2009, impairing existing loans and eroding the collateral for new ones. Regulators are also proposing to raise capital requirements, which will further encourage bankers to turn down borrowers.
  • the rest of the world isn’t big or healthy enough, and a steeply falling dollar would inflict deflationary harm on others.
  • The list of roadblocks is depressing, but America will not slip back into recession or a lost decade akin to Japan’s in the 1990s. It did not enter its crisis with as much overinvestment as others, Japan in particular; its population is still growing (Japan’s is shrinking). It took two years to tackle its banks’ problems; Japan took seven. Boom times will be back. Just not very soon.
George Botos

News: Investigators Identify Human Enzyme that Breaks Down Nanomaterials. - 0 views

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    An international study based at the University of Pittsburgh has identified a human enzyme that can biodegrade carbon nanotubes. Laboratory tests showed that it could also offset the potentially damaging health effects of being exposed to such nanotechnology.
Miri Katz

Globe and Mail: Time for action on innovation, not more study - 0 views

  • Time for action on innovation, not more study By BARRIE McKENNA From Monday's Globe and Mail If more recommendations from important 2008 federal report Compete to Win had been implemented, Ottawa might not still be talking about innovation deficiencies
  • If innovation was measured in the output of reports about innovation, Canada would be a world leader.We're not. We are a laggard. The report tracked Canada's progress over the past two years based on 24 different indicators, such as the percentage of GDP spent on research and development, R&D spending by businesses, investment in machinery and equipment, PhDs and high school test scores. Since the council's initial report in 2008, Canada's performance is down in 15 categories, stagnant in three and improved in just six.
  • Here's a passage from L.R. (Red) Wilson's seminal 2008 federal report, Compete to Win: "We rank poorly across almost all aspects of innovation: the creation of knowledge, the diffusion of knowledge, the transformation of knowledge and the use of knowledge through commercialization."
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  • The R&D focus should be on industry clusters that can leverage the country's natural resource wealth and traditional strengths. Think energy, water, agriculture, forestry, mining and manufacturing that serves vital Canadian needs.
  • In areas most closely linked to innovation, the progress is equally slow. Mr. Wilson, for example, urged Ottawa to look at creating tax incentives to encourage venture capital and speeding up the commercialization of intellectual property developed in universities.
  • The to-do list on the path achieving that objective is long. There's overhauling the Investment Canada and Competition acts, opening up the telecom and broadcast industries to more foreign competition, creating a national securities regulator, reforming copyright laws, eliminating remaining internal trade barriers and lowering personal income tax rates.
  • It may mean that government plays a larger role in some industries while leaving others to their own devices. That, at least, is how other similarly sized economies successfully leverage limited government funds.More study has become an excuse to put off these much tougher, but inevitable, choices.
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