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CML HealthCare Inc is planning to automate it's current infrastructure to deliver greater volume and medical laboratory tests. CML is also working to commercialize early-stage technologies in medical diagnostics in partnership with an Ontario government agency known as MaRS Innovation.

Education is one field that is seeing a meteoric growth in the past two years.Trevor Koverko, co-founder of Toronto-based eProf was part of the first co-hort of entrepreneurs in the JOLT program at MaRS Discovery District who are traveling to Silicon Valley in October to meet investors to tell their story.

"MaRS Discovery District is dedicated to building high-growth web and mobile startups that promise to transform the way consumers and businesses interact with technology. This week, Venngage learns how to scale a successful consumer app for a business audience."

The UAE's Ministry of Economy (MoE) and Canada's MaRS Discovery District of Toronto, Ontario, and Sustainable Development Technology - Canada (SDTC) signed separate memorandums of understanding (MoUs) to enhance business ties. The strategic partnership is aimed at fostering innovation and accelerating growth of small and medium enterprises (SMEs), in accordance with the UAE's strategy to build competitive knowledge-based economy. 

MaRS announced the creation of JOLT, a new technology accelerator dedicated to building high-growth web and mobile companies that promise to transform the way consumers and enterprises connect, work and play. JOLT will select up to 15 high-potential startups annually, providing them with space, seed financing and mentorship, as well as access to partners and some of the top angel and venture capital investors in the industry. The goal of the program is to accelerate market validation and, in turn, help these companies secure the capital and talent necessary to scale efficiently.

MaRS today announced the creation of JOLT, a new technology accelerator dedicated to building high-growth web and mobile companies that promise to transform the way consumers and enterprises connect, work and play.

Headed by Executive Director, Susan McGill, JOLT will select up to 15 high-potential startups annually, providing them with space, seed financing and mentorship, as well as access to partners and some of the top angel and venture capital investors in the industry.

MaRS announced the creation of JOLT, a new technology accelerator dedicated to building high-growth web and mobile companies that promise to transform the way consumers and enterprises connect, work and play. JOLT will select up to 15 high-potential startups annually, providing them with space, seed financing and mentorship, as well as access to partners and some of the top angel and venture capital investors in the industry. The goal of the program is to accelerate market validation and, in turn, help these companies secure the capital and talent necessary to scale efficiently.

MaRS announced the creation of JOLT, a new technology accelerator dedicated to building high-growth web and mobile companies that promise to transform the way consumers and enterprises connect, work and play. 

JOLT was created by MaRS and is a new technology accelerator dedicated to building high-growth web and mobile companies that promise to transform the way consumers and enterprises connect, work and play. Applications for the JOLT program are being accepted until May 30. JOLT also announced that the program has joined the U.S.-based Global Accelerator Network, a group of accelerators from around the world which was founded in 2010.

The Working Group, Media Profile, Global Accelerator Network and Postmedia Network Inc. have also partnered with JOLT. JOLT was created by MaRS and is a new technology accelerator dedicated to building high-growth web and mobile companies that promise to transform the way consumers and enterprises connect, work and play.

Wavefront, a National Centre of Excellence supporting the growth and commercialization of wireless companies in Canada, is providing MaRS Commons with a mobile handset library consisting of the most popular handsets available. This means that wireless application developers no longer need to buy the multitude of handsets required to test their applications, saving time and money - a fact known to wireless innovators who have already taken advantage of Wavefront's handset library in Vancouver. 

"JOLT is MaRS Discovery District's first early-stage accelerator program dedicated to building high-growth web and mobile startups that promise to transform the way consumers and businesses interact with technology."

17muscles has changed it's name to Axonify. Axonify announced it has raised an initial round of funding. "The investment, led by Bridgescale Partners in Menlo Park, CA, with participation from the Investment Accelerator Fund (IAF) will be used by Axonify to fund product advancement, raise awareness about the company's offering and accelerate growth into new markets."

Statement from the White House on the new Innovation Policy.  It is very comprehensive, covering everything from R+D, to regional clusters, to the Office of Social Innovation. A lot of smart people worked on this document. The grand challenges listed at the end are especially interesting.

Looks like Toronto/Ontario/Canada is not the only place having problems... A report released by the Center for an Urban Future, a Manhattan-based think tank, finds that while New York City is home to several of the world's leading scientific research institutions, these universities and research centers have not yet become powerful catalysts for entrepreneurship and local economic development the way similar institutions have in a number of other regions. The study concludes that New York has long failed to harness the full potential of its pre-eminent academic research institutions to build a meaningful innovation economy; an enormous missed opportunity given that the city desperately needs to diversify its economy and cultivate new engines of job growth.

Rich Bendis blogs and has a daily newsletter supporting the growth of the entrepreneurial innovation economy in America.

Advertisers are criticized as people who look for the creative and edgy, not the obvious. They will not be happy.Marketing people are criticized for getting hopelessly entangled in corporate egos and complicated projects. They will not be happy.Research people are criticized for generating more confusion than clarity. They will not be happy. Some big companies are criticized for their ill-fated marketing programs or lack of proper strategy. They will not be happy.Wall Street is criticized for putting too much emphasis on growth that is unnecessary and can be destructive to a brand. They will just ignore this criticism and continue trying to make as much money as they can. But this is a book not written to make people happy but to explain to marketers what their real problem is. Only then will they begin to look for the obvious solutions that will separate their products from their competitors -- in a way that is equally obvious to customers. All this comes with no jargon, no numbers, no complexity, and a great deal of common sense.

To have a successful biotech initiative proximity to academic hubs and capital remains a crucial factor in hatching a thriving cluster. MaRS Discovery District is a good example of a vertical incubator and offers many services to help entrepreneurs at different stages.

Dr. Janet Rossant, Chief of Research at The Hospital for Sick Children says they key to the future is "collaboration." Rossant is enthusiastic about the work being done at MaRS.

Dr. Janet Rossant, Chief of Research at The Hospital for Sick Children says they key to the future is "collaboration." Rossant is enthusiastic about the work being done at MaRS. Jan 19, 2009