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Ross Wallace, director of strategic partnerships at the MarS Centre, which brings together scientists, entrepreneurs and investors, has seen a lot of P3s at their best.

Wallace was as baffled as everybody else. But he believed a business model could be created that would connect medical discoveries coming out of universities and government labs with the money available from private foundations.A year ago, he won one of six fellowships offered by the Walter and Duncan Gordon Foundation to young people eager to tackle global problems. His research led in an unexpected – and welcome – direction. It turned out that he didn't have to invent a new business model. One already existed."I found some really exciting collaboration going on," he said. "A new breed of partnerships had emerged that completely transformed the development and delivery of pharmaceuticals for neglected diseases."

So Wallace redefined his task. He would look for ways to bolster these fledgling P3s.They have a very short history. The first grew out of a program launched by the World Bank in 1999 to pull together money and talent for research on tropical diseases. But it remained buried within the global bureaucracy.

MobileMonday Toronto and MaRS are delighted to announce a partnership to develop and host a range of dynamic events for the city’s mobile industry professionals. MobileMonday at MaRS will offer thought leadership and critical industry perspectives – most recently from a senior manager at Research in Motion – while connecting top-tier professionals and boosting the profile of one of the fastest-growing sectors of communications technology.

“MaRS is a fantastic environment for sharing ideas and industry knowledge, two key building blocks of the MobileMonday community,” said Jim Brown and Alexander S. Bosika, co-founders of the MobileMonday Toronto chapter. “MaRS and its network of business advisors and capital providers are also of great benefit to many of our members who are developing business plans and seeking capital.”

For MaRS, the partnership is a natural fit with great potential to benefit the hundreds of start-up clients from across Ontario who are working hard to turn their innovative concepts into viable, thriving businesses, and come to MaRS for advice and connections to potential customers and investors. 

The report points to successful partnerships such as Montreal's biotech / pharmaceutical cluster and the MaRS District in Toronto.

Three technology research centres in Ontario Monday said they have agreed to work together to help the province compete more effectively against countries like India and China.

Communitech is working with the Ottawa Centre for Research and Innovation, an economic development corporation located in the nation's capital, and the MaRS Discovery District, a Toronto-based not-for-profit geared towards the commercialization of scientific and technological intellectual property.

MaRS originally stood for Medical and Research Sciences, but has since shied away from that label, said Ross Wallace, director of corporate strategy. The organization doesn't want to be pigeonholed as being just a life sciences or biotechnology outfit -- it lends equal weight to information communications and advanced manufacturing. MaRS may be Toronto-based, but its mandate is province-wide, said Wallace. By joining forces with organizations in other parts of Ontario, MaRS is more likely to fulfill that mandate, he said.

• Best Practices in Venture Creation (Room 1)Veronika Litinski, Practice Lead, Healthcare and Life Sciences, MaRSAn overview of what makes your business valuable to investors and how to develop a viable business strategy.

On June 9-11, 2009, the Martin Prosperity Institute, in partnership with the Ontario Ministry of Culture, and the City of Toronto - Economic Development, Culture & Tourism Division, will be hosting the inaugural Placing Creativity Conference at the MaRS Centre, 101 College Street, Toronto, Ontario, Canada.

The Conference brings together diverse stakeholders from government, the private sector and the academic world to explore the importance of mapping culture in relation to creative spaces and places.

"The mission of Placing Creativity is to advance the understanding and practice of cultural resource mapping by developing reusable maps that showcase the cultural sector in Toronto and that can be shared with other jurisdictions and groups," said Kevin Stolarick, Research Director, The Martin Prosperity Institute.