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Cathy Bogaart

Sub-Saharan Africa's big move up - Financial Post, March 12, 2011 - 0 views

www.financialpost.com/...story.html

mars in the media events globalization economy

shared by Cathy Bogaart on 12 Mar 11 - No Cached
  • Cathy Bogaart on 12 Mar 11
     
    Once the undisputed worst economic region in the world, sub-Saharan Africa is now one of the fastest-growing areas on the planet and despite the turmoil in North Africa, has become one of the most incredible success stories of the global economy. This coming week the "Africa Rising" conference at MaRS in will showcase a number of global business leaders discussing entrepreneurial opportunities in Africa.
Cathy Bogaart

Canada needs a stronger venture capital foundation to build on - 0 views

www.montrealgazette.com/...story.html

innovation canada economy entrepreneurship finance

shared by Cathy Bogaart on 02 Nov 09 - Cached
  • Cathy Bogaart on 02 Nov 09
     
    This article by David Crane references the Impact Group's paper "Understanding the Disappearance of Early-stage and Start-up R&D Performing Firms" to talk about what's wrong with our innovation/knowledge economy. Among many things, our VC environment is stunted and our businesses should work more closely with customers on addressing their needs rather than focussing on new technology. Read the original white paper at http://www.impactg.com/pdf/disappearanceofstartupsandearlystagefirms.pdf The article also references the paper by the Council of Canadian Academies which urged more business innovation. http://www.scienceadvice.ca/innovation.html
Miri Katz

How The Private Sector Can Drive Social Innovation - CIO Central - CIO Network - Forbes - 0 views

blogs.forbes.com/...or-can-drive-social-innovation

social innovation social collaboration CSR corporate citizenship

shared by Miri Katz on 29 Jun 11 - No Cached
  • How The Private Sector Can Drive Social Innovation
  • Out of the 100 largest economies in the world, about half are multinational corporations. Given their impact on global communities, it is becoming increasingly essential that these large corporations execute responsibility to society, rather than rely on governments and non-profits to address difficult social issues alone.
  • oday, the world’s largest companies are in a unique position to play a much greater role in driving social change than ever before.
  • ...13 more annotations...
  • Aside from pure monetary donations, however, is a new model that is transforming corporate philanthropy.
  • Increasingly, corporations are turning to a shared value model, in which companies work in alignment with society rather than against it, producing mutual benefits to both the community and the corporation
  • It evolves the traditional model of financial and material goods donations, to one in which corporations leverage a range of corporate assets including employee skills, business acumen and partner networks, to drive social change.
  • Here’s the shift: Instead of viewing it as our responsibility to drive business and social value, view it also a valuable opportunity to rethink existing practices.
  • The business case for social innovation
  • there are a variety of benefits for an organization, from brand building, to staff retention, and even improved client stickiness. Shareholders and the investment community are also increasingly considering corporate responsibility when making investment decisions.
  • collaborations can drive innovation through necessity. Non-profits work in extreme environments, faced with limited infrastructure, connectivity and staff. Operating in these situations exposes corporate staff to new sets of customer challenges, which can often deliver innovations in product design or services into the business.
  • by working with a non-profit organization, a corporation can demonstrate its expertise to a new audience, expanding its business network.
  • Increasingly, investors weigh environmental, social and governance  data when making investment decisions. While such data has been a benchmark for European-based companies for some time, we are now seeing a more global adoption and interest in this, which should be another forcing function for more corporations to act as good corporate citizens.
  • Applying social innovation in practic
  • A good starting point is to assess the company’s available skills, expertise, partnerships against the touch-points the company currently has within a given community. From there, establish specific goals to achieve and a strategic plan to meet those goals.
  • Companies that have an expertise in technology, for example, can collaborate with non-profits or social entrepreneurs to provide the infrastructure backbone that turn their ideas into reality. With the social enterprise mPedigree Network, HP leveraged its technology expertise in cloud-based services to design and build an anti-drug counterfeiting service in Africa. Counterfeit medicine is a significant problem in developing countries, causing more than 700,000 deaths each year. The new service helps save lives by enabling patients to validate the integrity of their medicine by sending a free text message.
  • Gabi Zedlmayer is Vice President of Hewlett-Packard’s Office of Global Social Innovation.
  • Miri Katz on 29 Jun 11
     
    Out of the 100 largest economies in the world, about half are multinational corporations. Given their impact on global communities, it is increasingly essential that these large corporations execute responsibility to society, rather than rely on governments and non-profits to address difficult social issues alone
Karen Schulman Dupuis

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

www.theglobeandmail.com/...article5195048

canada social impactinvesting socialentrepreneurship RBC RoyalBankofCanada SocialFinanceForum

shared by Karen Schulman Dupuis on 19 Nov 12 - No Cached
  • Karen Schulman Dupuis on 19 Nov 12
     
    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?
Melissa Hughes

SME deal sees thaw in UAE-Canada relations - ArabianBusiness.com - September 13, 2012 - 0 views

www.arabianbusiness.com/e-canada-relations-472931.html

MaRS innovation business technology SME mou canada UAE

shared by Melissa Hughes on 04 Oct 12 - No Cached
  • Melissa Hughes on 04 Oct 12
     
    The UAE's Ministry of Economy and Canada's MaRS Discovery District of Toronto, Ontario, and Sustainable Development Technology - Canada (SDTC) signed separate memorandums of understanding (MoU) to establish strategic partnerships, the WAM news agency reported.
Assunta Krehl

What makes an effective innovation ecosystem? - Wire Service Canada - April 4, 2012 - 0 views

www.wireservice.ca/index.php

Innovation Phase 2 Phase II Board Members Ilse Treurnicht

shared by Assunta Krehl on 27 Apr 12 - No Cached
  • Assunta Krehl on 27 Apr 12
     
    Why Should I Care event took place on April 16th. Dr. Ilse Treurnicht, CEO of MaRS Discovery District discussed how the development of Phase 2 will help to build tomorrow's knowledge-based economy.
Assunta Krehl

Sowing the seeds of curiosity to grow Canada's bio-economy - Vancouver Sun - May 22, 2012 - 0 views

www.vancouversun.com/...story.html

MaRS events Sanofi BioGENEius Challenge Canada commercialization

shared by Assunta Krehl on 22 May 12 - No Cached
  • Assunta Krehl on 22 May 12
     
    Sanofi BioGENEius Challenge Canada is a biotech competition where high school students are mentored by local scientists. MaRS helps create successful global businesses from Canada's science, technology and social innovation.
Assunta Krehl

Building on Rio + 20: Canada's role and priorities in a global green economy -CPCA - Ma... - 0 views

www.cpac.ca/...index.asp

cleantech MaRS Advisors Jon Dogterom innovation collaboration

shared by Assunta Krehl on 02 Jun 12 - No Cached
  • Assunta Krehl on 02 Jun 12
     
    Th 20th anniversary of the Rio Earth Summit to place in Ottawa and was intended to chart a course for global sustainable development. Jon Dogterom, MaRS Discovery District Lead Advisor, Cleantech was a member on the panel that discusses how canada was performing in "greening the economy."
Assunta Krehl

An evening of constructive dialogue on the economy, energy and the environment E3 - Cor... - 0 views

corporateknights.ca/...gy-and-the-environment-e3.html

Cleantech energy Tom Rand Advisors

shared by Assunta Krehl on 27 May 10 - Cached
  • Assunta Krehl on 27 May 10
     
    E(3) Canadian Roundtables will take place May 26, 2010. The event will feature a panel of thought leaders sharing their vision for a sustainable energy future for Canada. Tom Rand, Cleantech Advisor at the MaRS Discovery District will be speaking at the event.
Miguel Amante

Three Toronto innovators receive $1.5 million seed money -- will create 65 jobs - Yonge... - 2 views

www.yongestreetmedia.ca/...investmentaccelerator0825.aspx

capitalization clients_tenants IAF financing

shared by Miguel Amante on 25 Aug 10 - Cached
  • Miguel Amante on 25 Aug 10
     
    Three of Toronto's innovative technology companies will each receive $500,000 in funding from the province's Investment Accelerator fund, designed to support the launch of innovative companies in sectors considered important to the future of the province's economy. It is administered by MaRS Discovery District.
Cathy Bogaart

Innovation America - 0 views

www.innovationamerica.us

innovation resources

shared by Cathy Bogaart on 06 Oct 10 - Cached
  • Cathy Bogaart on 06 Oct 10
     
    Rich Bendis blogs and has a daily newsletter supporting the growth of the entrepreneurial innovation economy in America.
Assunta Krehl

MaRS Discovery District - News - News Releases - 2009 - Toronto's MaRS Discovery Distri... - 0 views

www.marsdd.com/...ative-city-award-05212009.html

Urban Leadership Award MaRS awards & competitions

shared by Assunta Krehl on 10 Aug 09 - No Cached
  • Toronto’s MaRS Discovery District has combined the creative genius of science and technology with the drive of entrepreneurs and capital to create a marriage that will see more Canadian ideas commercialized in this country and for those efforts it has won the Canadian Urban Institute’s 2009 Creative City Award to be granted to MaRS on June 5 at the Urban Leadership Awards in Toronto.
  • “MaRS has found a creative way for science and business to collaborate rather than compete and to help Canada become a knowledge-based economy. This award recognizes them as a leader in stimulating the creative capacity of the city and advancing entrepreneurship, not only in science and technology but also in social ventures. 
  • Located in the Discovery District of Toronto, where billions of dollars of creative capital are created every year, the MaRS Centre first opened in 2005 in two new towers that bookend a heritage building that once housed the Toronto General Hospital. The three buildings, that total 700,000 sq. ft, house labs, companies of all sizes, business advisors and investors. Its professional services include hands-on advisory services, entrepreneurial programming and both structured and electronic networking. A second building phase of the MaRS Centre will add 750,000 sq ft and is planned to open in the next few years. “The underlining reason for creating MaRS is to capture the value of Canadian discoveries and to better commercialize these innovations at home in Canada,” said MaRS CEO Ilse Treurnicht. “Hub cities like Toronto are key drivers in shaping Canada’s innovation economy. MaRS works to strengthen the pull of that hub, acting as an accelerator and building the best ideas into companies that can compete on the world stage but are anchored here,” said Treurnicht.
  • Assunta Krehl on 10 Aug 09
     
    "Mention of the the Canadian Urban Institute's 2009 Creative City Award being granted to MaRS on June 5 at the Urban Leadership Awards in Toronto."
Cathy Bogaart

Canadian Immigrant : Top 25 Canadian Immigrants - 0 views

www.canadianimmigrant.ca/LoreleiSilverman

mars innovation science

shared by Cathy Bogaart on 03 Jun 09 - Cached
  • Cathy Bogaart on 03 Jun 09
     
    Tomorrow, MaRS hosts our 2nd extended citizenship ceremony. Sixty New Canadians along with their family and friends will take their oath right here in the MaRS Auditorium. Interesting to hear from one of our own community, Dr. Rosalind Silverman, a postdoctoral fellow with TGH and UofT Medicine, who won first-ever Top 25 Canadian Immigrants awards. Read her (and her sister, a a postdoc at UofT Medicine) story. This is why MaRS is involved in stuff like this: culturally diverse cities are also the most innovative (or so says Richard Florida). If we want to excel in the knowledge economy, we should all celebrate our cultural diversity!
Assunta Krehl

The Long Game | Xconomy - 0 views

www.xconomy.com/...the-long-game

MaRS

shared by Assunta Krehl on 02 Jun 09 - Cached
  • Closer to home, Toronto recognized a few years ago that it was losing ground in the sciences, so it deleted two-square kilometers of its downtown and replaced it with the Mars Discovery District, a vast collection of intertwined university research facilities, commercial research space, and the best biotech incubator space I’ve ever seen—and I’m an incubator guy.
  • Cathy Bogaart on 02 Jun 09
     
    MaRS is held up as an example of what an "old" city can do if they're ambitious and just decide to do something. Like when Toronto decided that it wanted to gain ground in the science knowledge economy. Nevermind that AGAIN MaRS is misrepresented as a biotech incubator -- I suppose there are worse things to be called. But still part of an ambitious, big-thinking plan to improve the science, tech and social outcomes of the economy. Amen.
  • Assunta Krehl on 07 Aug 09
     
    Tim Rowe's blog takes a look at exploring what its future might look like by building "a showcase for future living. Mention of MaRS having the best biotech space.
  • Assunta Krehl on 07 Aug 09
     
    Tim Rowe's blog takes a look at exploring what its future might look like by building "a showcase for future living. Mention of MaRS having the best biotech space.
Assunta Krehl

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

www.marsdd.com/...ard-of-directors-02062009.html

MaRS Innovation Ilse Treurnicht John Evans Ron Close The Hospital for Sick Children MaRS

shared by Assunta Krehl on 14 Aug 09 - No Cached
  • 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.
  • Assunta Krehl on 14 Aug 09
     
    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.
  • Assunta Krehl on 14 Aug 09
     
    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
Assunta Krehl

CNW Group | ONTARIO MINISTRY OF RESEARCH AND INNOVATION | Ontario Investing In Science ... - 0 views

www.newswire.ca/...c7900.html

commercialization genomics Ontario Genomics Institute john evans

shared by Assunta Krehl on 10 Aug 09 - Cached
  • "This investment underscores the government's recognition that Ontario must continue to invest in its strong life sciences cluster. Now more than ever, innovative research and development is a key driver, reshaping the knowledge economy and creating prosperity for all Ontarians." Dr. John Evans, Chair, MaRS Discovery District
  • Assunta Krehl on 10 Aug 09
     
    Ontario announced a new fund to attract and retain world-leading genomics researchers in the province.The $100-million Global Leadership Round in Genomics and Life Sciences will support globally-significant, collaborative research projects that are headquartered in Ontario. Dr. Evans is quoted stating that "the government must recognize that Ontario must invest in strong life science clusters."
Sarah Hickman

Office of Climate Change, UK - Our activities - Stern Review - 0 views

www.occ.gov.uk/...stern.htm

cleantech*&physical*sciences environment

shared by Sarah Hickman on 10 Aug 09 - Cached
  • Sarah Hickman on 10 Aug 09
     
    The first half of the Review focuses on the impacts and risks arising from uncontrolled climate change, and on the costs and opportunities associated with action to tackle it. A sound understanding of the economics of risk is critical here. The Review emphasises that economic models over timescales of centuries do not offer precise forecasts - but they are an important way to illustrate the scale of effects we might see. The second half of the Review examines the national and international policy challenges of moving to a low-carbon global economy. Climate change is the greatest market failure the world has seen. Three elements of policy are required for an effective response.
Tim T

Los Angeles Hires a Jobs Chief - WSJ.com - 0 views

online.wsj.com/...SB126316896876124009.html

economy business jobs

shared by Tim T on 11 Jan 10 - Cached
  • Los Angeles Hires a Jobs Chief
  • unemployment stuck above 12%
  • Beutner will have broad powers. About half of city government departments -- from the Port of Los Angeles to the city's sprawling Department of Water and Power utility -- will report to him
  • ...8 more annotations...
  • In a letter Mr. Villaraigosa sent to Mr. Beutner when hiring him, the mayor said, "I recognize we need a top to bottom revitalization and refocus of our economic development team here at City Hall to make certain job creation is the overarching focus at all levels and in all offices and departments."
  • Chief Deputy Mayor Jay Carson. "We have to view every decision we make through the prism of job creation."
  • Southern California's economy has been among the hardest hit in the country. The area's housing market was one of the first to collapse. And in Los Angeles, mainstays such as the film industry have suffered as other states woo productions away with rich tax incentives
  • Last week, the city was dealt a psychological blow when Northrop Grumman Corp., the last major firm of the region's once-dominant aerospace industry, announced it was moving its headquarters to the Washington, D.C. area
  • Los Angeles has slashed services as it tries to close an $80 million budget gap
  • His annual salary is $1.
  • Some major stores that sell big-ticket items have moved to neighboring cities to avoid the high cost and difficulty of doing business there, such as delays in obtaining building permits, and a range of fees and taxes higher than most other cities in the area, business leaders said.
  • "The hardest thing is going to be to change the mindset here," Mr. Beutner said. "For the first time in a long time the city is going to be forced to change the way it does things. The most fundamental thing is to change the mindset of those who work in the city [government]. We serve business. They're our customers as opposed to the other way around."
Tim T

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

www.economist.com/displayStory.cfm

economy

shared by Tim T on 30 Dec 09 - Cached
  • 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%.
  • ...5 more annotations...
  • 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.
Assunta Krehl

Ontario's Finance Community Key to Growth of Green Energy Economy - TradingMarkets - Ja... - 0 views

www.tradingmarkets.com/...een-energy-economy-737891.html

Finance cleantech Events The Green Energy Act Finance Forum

shared by Assunta Krehl on 01 Feb 10 - Cached
  • Assunta Krehl on 01 Feb 10
     
    International financial experts meet in Toronto to encourage local investment in renewable power at The Green Energy Act Finance Forum on January 29, 2010.
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