VC investment in sector-shifting EdTech innovations, like interactive classroom apps and web-based assessment tools, is mounting. Toronto-based startup Top Hat, under the leadership of CEO Mike Silagadze, is the latest to benefit.
The digital natives and early adopters of the millennial generation are a central focus for many startups that are attracting major interest — and major funding.
Early results from an ongoing survey by MaRS Discovery District and Endeavor Insight show that educational institutions are the strongest connecting hubs in Ontario’s entrepreneurial networks.
Adam Nanjee, Head of Fintech at MaRS Discovery District, explains the key role of the regulatory environment at each stage of a fintech startup’s development.
A new report from TechToronto says over 400,000 jobs in Toronto in 2016 are related to the tech sector.
IBM Watson, long touted for its potential in healthcare, is being put to work finding a drug to treat Parkinson’s disease.
“The DMZ’s advisory council will play an important role in finding strategic and innovative approaches,” says Mohamed Lachemi, Ryerson’s vice-chancellor.
Province’s future depends not only on embracing disruptive technology, but also on producing and exporting new ideas, says Ontario Centres for Excellence head Dr. Tom Corr.
IBM Innovation space will offer mentoring as well as technical capacity and infrastructure.
Incubator is focused on startups that harness cognitive computing and cloud technology.
“Bank encryption will be rendered completely vulnerable when hackers get quantum computing,” one Venture North speaker warned.
While Silicon Valley snaps up Ontario engineering graduates, little money is coming the other way.
The tech giant joins a network of other MaRS FinTech Cluster partners including CIBC, Manulife and payment processor Moneris, in providing startups with support including product feedback and business advisory services.
Kiwi Wearable Technologies produces intelligent motion capture technology that analyses speed, direction, angle, and torque.
If your startup is thinking global, the most diverse city in the world is the best place to start.
While ranking first for female-friendly tech cultures, Toronto took sixth in the world overall for women in tech, according to the Dell Women Entrepreneur Cities Index.
A Toronto startup that grew as a tangent to another business, Ideal.com uses algorithms and IBM Watson to streamline the recruitment process, from granular analysis to messaging – and follow-up messaging – to potential hires.
A study by the BBC says that while Dubai has 83% of its population hailing from abroad, Toronto has a far wider spread of nationalities – 230 in all. Why Diversity Matters, a report by management consulting firm McKinsey & Co. reveals a strong correlation between diversity and financial success: companies in the top quartile for racial and ethnic diversity are 35% more likely to have above average returns.
While it’s tough to gauge Watson’s impact on the current season, the platform is likely learning much as it analyzes players on and off the court. Whatever the case, fans should expect the big data addition to play a bigger role in the Raptors’ strategy going forward.
It’s often overlooked that one of the most esteemed innovators of the 21st century, Elon Musk – the mind behind PayPal, SpaceX and Tesla – is a Canadian citizen and attended Queen’s University in Kingston before ultimately moving to the U.S. Vancouverite Stewart Butterfield created the original photo-sharing site Flickr in the mid 2000s and went on to build the office social platform Slack, now headquartered in San Francisco and valued around $4 billion.