No Idle Time For Busy RIC Centre’s Innovator Idol III Finalists May 9, 2011 RICCentre Mississauga, Ontario – June 8, 2011 Pam Banks, Executive Director of the Research Innovation and Commercialization (RIC) Centre, a leading member of the Ontario Network of Excellence (ONE), announced the four finalists for the upcoming Innovator Idol contest. The high profile event, scheduled June 15th at Mississauga Central Library, will feature four finalist companies as they pitch a panel of investment experts, as well as a live audience, for their share of $40,000 worth of prizes. Innovator Idol III finalists are Carmel Vision, Induce Biologics, Isobarex and Rivalries Corporation. Like its popular TV show namesake, Innovator Idol III is a reality-based contest in which winners are selected by a live audience. “Idol is just one example of how we use creative marketing to connect star innovators with motivated investors,” explained Banks. “Because of events like Idol III, RIC Centre has become the go-to resource for many early stage companies who need help to find the best pathway to successful commercialization.” Past winners not only benefited from exposure to funders and valuable prizes, they have gone on to become significant players in Canadian and international markets. Innovator Idol I winner Jodi Glover, CEO of RealTech, explains that winning Idol paved the way to a host of new global opportunities as a result of the entrepreneurial expertise provided by RIC’s dedicated team and Entrepreneurs In Residence like James Sbrolla and Tim Scott. “Our finalists have invested many hundreds of hours in sweat equity to get to this annual grand finale of our Growing Your Business breakfast series,” said Sbrolla. “They are all talented and committed star innovators who benefit from prize sponsors like Bereskin Parr, C Worthy, Intelligent Office, Gowlings, Marketing Pad, Meyer Norris Penny, RBC, and Sustained-Media.” –30 – For more Information, please contact: Pam Banks Executive Director, RIC Centre 289.373.3050 The RIC Centre The RIC Centre is a registered not-for-profit organization that offers support to entrepreneurs and innovators who want to take their great ideas to market in advanced manufacturing, life science and emerging technologies. Created through partnership with the municipalities and the Boards of Trade in Mississauga, Brampton and Caledon; Ministry of Research and Innovation; Region of Peel; Sheridan College; University of Toronto Mississauga and MaRS. RIC Centre has become a go-to portal for connecting innovators with investors for sustained commercial success. The Ontario Network of Excellence (ONE) The Ontario Network of Excellence (ONE) is a collaborative network of organizations across Ontario, designed to help you commercialize your ideas. Whether you are an innovator, a technology-based business, entrepreneur, or researcher, ONE will connect you with services and programs to help you innovate and gain a competitive advantage.