Canadian Entrepreneur Launches Pair, an App That Brings Long-Distance Couples Closer Together

By Knowlton Thomas Pair is a new iPhone app designed to harden the fragility of long-distance relationships. Co-launched by Oleg Kostour, a Canadian entrepreneur who moved to Silicon Valley to participate in Y-Combinator, Pair offers a slew of couple-oriented features such as “thumb-kissing.” Described as “the easiest way to stay in touch with the person you love,” Pair [...]


How can digital technology drive up productivity?

Robert Hyde explains how to improve productivity on March 21st at the Pearson Convention Centre

By: Fatema Fatakdawala  In answer to this question, representatives from several small to medium sized enterprises (SMEs) gathered together last week at two workshops in Mississauga and Brampton hosted by the RIC Centre to assess and measure the outcomes of digital technology adoption on productivity. This 2-day workshop served two purposes; 1) improving the understanding of the link [...]


MaRS announces launch of first dedicated, early-stage cleantech venture fund

TORONTO, March 26, 2012 /PRNewswire via COMTEX/ — MaRS is pleased to announce the launch of Canada’s first dedicated early-stage cleantech venture fund. The MaRS Cleantech Fund LP ushers in a new model in early-stage technology investing by leveraging the strength of a non-exclusive, but strategic relationship between MaRS Discovery District and the private sector. [...]


Go or No Go: Making the critical idea decision


By: Saadia Muzaffar Taking a great idea through an objective evaluation is a critical step in the innovation process. It could be an idea for a new product, or for a company like Xerox, ideas for new materials. For Sheridan engineering students recently, it was a Formula One racing car. Once your idea is technically [...]


LiON’s LAIR Returns to Hamilton!

The Hamilton Chamber of Commerce & Innovation Factory are excited to announce the return of LiON’S LAIR -  a celebration of entrepreneurship in Hamilton.   LiON’S LAIR provides Hamiltonians with the opportunity to experience the thrill of start-up investment as aspiring entrepreneurs and innovators face a panel of Hamilton’s top business executives and solicit up to $100,000 to [...]


A ‘ray’ of hope for HIV treatment


By: Nathan Monk JFK once said: “One person can make a difference, and every person should try.” For me, one such person is Lew Lim, entrepreneur and President of MaRS client MedicLights Research Inc. Lew is building a medical technology business with the potential to profoundly impact the lives of those affected with HIV. MedicLights [...]


Being recognized as a leader in your industry is a great honour


The Sharpe-Way Group accepts the 2011 Brampton Outstanding Business Achievement Award of Distinction for Community Contribution By: The Brampton Economic Development Office The RIC Centre is a proud sponsor of Brampton Outstanding Business Achievement Awards (BOBAA) which publicly recognizes and honours local businesses that have demonstrated a passion for excellence. Recipients are selected from six categories: Advanced Manufacturing, Food [...]


National Entrepreneurship Tour Kick-Off In Halifax


Startup Canada Kicks Off National Entrepreneurship Tour in Halifax, NS Halifax, NS (Monday, March 19, 2012)– A one-of-a-kind entrepreneurial movement is launching today in Halifax, NS as Startup Canada kicks off a six-month National Tour to ignite, inspire and celebrate entrepreneurship across the country. The tour, which begins with a week of events across Nova [...]


VentureStart: A Rocket Booster for Small Businesses

Minister Goodyear announcing funding for the RIC Centre's Launch of Venture Start on March 16th, 2012

By: Neil Menezes “Wow! VentureStart helped me double my company’s seed capital and gave me the tools to make my business a success!” Last month, our Executive Director came to us with fabulous news. We were just approved to coordinate a program on behalf of the RIC’s in the ONE Network that would provide up [...]


FedDev Ontario invests $5M in VentureStart, a new program launched by the RIC Centre


Friday, March 16th, 2012 The VentureStart program, supporting entrepreneurs who have developed innovations or ideas for business start-ups, was announced today by the Research Innovation Commercialization (RIC) Centre. VentureStart is designed to enhance the success rate of start-up enterprises in Southern Ontario through business training for technology entrepreneurs, and an opportunity of matching seed financing [...]


Commercializing the Output of Canadian Universities

By: Darcy Bachert The pressure to commercialize innovation in Canada is fierce, competition for money is often tight and the path to success requires a completely different skillset then universities and academics are generally equipped with. The process of taking a technology from the lab to the market requires the mind of an experienced entrepreneur.  [...]


Your great idea. Are you going to waste it or make it?


By: Saadia Muzaffar You’re an entrepreneur–inventor who’s come up with a good idea. Chances are, you’re not going to be very objective when evaluating whether or not your idea’s going to be a success once it hits the market. Sure, you’ll think it’s a great idea—the best you’ve ever had. But how do you get [...]


Post-Globe 2012: The sustainable business (r)evolution


at Toronto Marriott Eaton Centre Hotel,Toronto,ON From March 18 to 20 th, 2012, Toronto will play host to the biennial “Post-Globe” conference that will bring together hundreds of Canadian and international environmental and cleantech businesses.  Scheduled for the Sunday to Tuesday that follows Globe 2012 in Vancouver, the Toronto conference offers practical business intelligence and [...]


Power Up Your Productivity Potential


Training workshops for increasing productivity through digital technology Looking to improve your company’s overall performance—and competitiveness? If you can capitalize on the productivity benefits of digital technology, you could be well on your way to additional profits. Free training workshops will focus on building productivity awareness and encouraging SMEs (in any sector with 50 or [...]


Increasing the Value of your Venture

By: Andrew Maxwell   As a follow up to the RIC Centre’s Growing Your Business Series this month on Business Valuation, here are a few tips to determine the value of your business before it achieves revenues. It is often necessary to attract equity capital at this stage – which raises the question – how much equity [...]