U OF T IGNITES INNOVATION

WHAT CANADA NEEDS NOW

FIX THE INNOVATION GAP. CREATE PROSPERITY.

  • Canada lags in the global push to build an innovation economy, consistently ranking among the bottom of a group of its industrialized peers.
  • We have incredible innovation talent and potential. We need to get better at turning it into products and services.

ADDRESS KEY SOCIETAL PROBLEMS.

  • The world will always face challenges that compromise our lives: illness and disease, poverty, environmental degradation.
  • Today, however, global society has more potential than ever before to use ingenuity and technology to effectively address these problems.

OPPORTUNITIES FOR THE NEXT GENERATION.

  • We live in a complex world where change has become the only constant.
  • Building a career—in every sector—is tougher than it was even a generation ago.
  • Post-secondary institutions must have the capacity to offer opportunities to young people so they can shape their careers.
  • Some young people will use their university experience to become entrepreneurs who will create companies and jobs. Others will use their university education to acquire a breadth of competencies and general knowledge that can be applied — and re-applied — in any sector of the labour market over decades.
10 Realities: How U of T is Transforming Research for Entrepreneurship and Prosperity

Canada’s Innovation and Startup Powerhouse

Innovation, commercialization and entrepreneurship are thriving at U of T! In 2015, UofT was named Canada’s most innovative university and among the top 40 innovative universities world-wide.*

Our community of researchers, students, inventors and entrepreneurs is constantly creating new knowledge, technologies, products and services and helping bring these inventions to the world. U of T is a Canadian and North America leader in the number of new research-based startups. In 2014-15 alone, our campus-based incubators and accelerators worked with over 225 student-led startup teams, supported over 80 new companies which attracted more than $19M in investment and generated $2.5M in sales.

In partnership with our provincial and federal governments, U of T brought the first JLABS incubator to Canada. Our partners, MaRS Innovation, the Centre for Commercialization of Regenerative Medicine (CCRM), the Centre for the Commercialization of Antibodies and Biologics (CCAB), and the Southern Ontario Smart Computing Innovation Platform (SOSCIP) help enable and equip our research community to ensure global impact from their research programs.

We will continue to build linkages within and beyond the university—including the further development of the regional innovation cluster with our partners in innovation—and we look forward to sharing even more activities and accomplishments of our researchers, students, innovators and entrepreneurs in the future.

In the meantime, please explore this website to learn more about U of T and the impacts of our community as they continue to lead in the translation of new knowledge for social and economic benefit.

* 2015 Reuters