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This presentation provided an overview of MaRS and the critical role the organization plays in working with partners to catalyze, accelerate, and amplify innovation across Canada. Given the target audience, the focus was primarily on discussing the Greater Toronto Area ecosystem and the corresponding attributes that make Toronto one of the best cities in the world to support innovation, entrepreneurship, and commercialization. The presentation was given at the June 2012 Toronto Homecoming Emerging Leaders Conference in Toronto.
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Working with partners to catalyze, accelerate and amplify innovation
Emerging Leaders Network Don Duval, Vice President, MaRS June 9th, 2012
1. Provide an overview of MaRS, our mandate, and
the programs we offer to meet the needs of our entrepreneurial community
2. Discuss the city of Toronto and the attributes that make it one of the best cities in the world to drive and support innovation, entrepreneurship, and commercialization
3. Provide an opportunity to address any questions
you may have
2
MaRS is a non-profit innovation centre connecting science, technology and social entrepreneurs with business skills, networks and capital
MaRS helps entrepreneurs start and grow successful new companies, creating the jobs of tomorrow
Mission
Who we Serve
Early stage science and technology ventures and innovative social purpose businesses
Measure of Success Job and wealth creation for the economy
3
Competing is one thing… Winning
is another!
At an average of only 3.3 people per square km, Canada has one of the lowest popula;on densi;es in the world
How do we Compete?
Vancouver
Toronto
Montréal
Ottawa
London
Calgary
Saskatoon Québec City
Halifax
Edmonton
Hamilton
Waterloo
Winnipeg
Our hub cities are Isolated
6
Memory at Work
4-10%!" "
of new companies become high-growth firms.!
Only…!
But the top…!
1%!" "
in any given year generate roughly 40% of new jobs.!
5%!" "
in any given year generate roughly 66% of new jobs.!
7 High-Growth Firms and the Future of the American Economy, Kaufmann Institute, 2011
Understanding the driver of Job Creation
As part of the Ontario Network of Excellence MaRS acts as Toronto’s Regional Innovation Centre while delivering key provincial programs such as the Investment Accelerator Fund, SiG at MaRS, ReSRC, and the Business Accelerator Program
8
The importance of
Place History and
10
Discovery Details in Notes Part of Slide
Phase I"Phase II"
Discovery District Financial District Creative & Arts District
Gardiner Museum of Ceramic Art Royal Ontario Museum
Women’s College
The MaRS Centre UHN Toronto General Hospital for Sick children
Entertainment District
Four Seasons Centre
University of Toronto
UHN Princess Margaret Mount Sinai
Art Gallery of Ontario
Royal Conservatory of Music
TIFF & OCAD
Financial District
Toronto Rehab Ryerson University
14
Our National Competitive Advantages
Productive Research and Science Base
Talented and Skilled Workforce
Livable Communities
Multicultural Civil Society
“Healthy” Economy
Strong Education System
Strong Resource Base
Aging / Experienced Population 15
Pg 16
Source: 2thinknow Consultancy, 2011!
Pg 17
Source: Startup Genome Report, 2012!
Source: QS – World University Rankings, by Peer Review, 2011, Canadian Universities among the top 100 worldwide
Exceptional Research and Academic Institutions
18
Source: Multiple; presented by David Naylor at the Toronto Board of Trade, 2012
Source: Multiple; presented by David Naylor at the Toronto Board of Trade, 2012
21
Building Next Generation Startups
Improving Commercialization
Output from Academe
22
Single Commercialization Storefront for Toronto’s Academic Institutions
Business Accelerator for Ontario’s Emerging
Companies
Entrepreneurs from across Ontario and
the country!St
art-u
ps!
Member Institutions!
Lice
nsin
g &
Indu
stry
C
o-de
velo
pmen
t !
23
Education and Insight
Access to Capital
Business Advice
and Mentorship
Networks, Talent, Customers and Partners"
Programs for High Growth Ventures, Policy Initiatives, and Special Projects "
24
Memory at Work
Information Technology, Communication and Entertainment
46%"
Materials and Advanced Manufacturing
3%"
Life Sciences and Healthcare
17%"
Cleantech
18%"
Social Purpose
16%"
Computational & Informational"Digital Multi-Media"Hardware"Healthcare IT"Online"Software"Telecommunications"Wireless"
Agriculture, Foods &Natural Products"Diagnostics &Imaging"Healthcare & Related Industries"Medical Devices"Therapeutics""
Aboriginal"Arts / Culture"Education"Environment"Healthcare"Housing"International Development"Social Services"Social Technology"
Energy"Environmental"Project Development""
25
MaRS EXCITE"
MaRS Energy Institute"
Our role in Reshaping Innovation Systems
MaRS Solutions Lab"
MaRS Centre for Impact Investing"
26
Discoveries Ideas
Growth Companies
Systems Transforma9on
Scale
Community Building
Impa
ct
27
Don Duval Vice President MaRS Discovery District [email protected] Twitter: don_duval Speakerfile: don.duval