ONRamp / en ϲ Entrepreneurship's Jon French on the new RBC Innovation Challenge – and what students need to know /news/u-t-entrepreneurship-s-jon-french-new-rbc-innovation-challenge-and-what-students-need-know <span class="field field--name-title field--type-string field--label-hidden">ϲ Entrepreneurship's Jon French on the new RBC Innovation Challenge – and what students need to know</span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/34613172885_ef13f664a6_o-crop.jpg?h=afdc3185&amp;itok=7y7c6j3l 370w, /sites/default/files/styles/news_banner_740/public/34613172885_ef13f664a6_o-crop.jpg?h=afdc3185&amp;itok=8Fvbnl5d 740w, /sites/default/files/styles/news_banner_1110/public/34613172885_ef13f664a6_o-crop.jpg?h=afdc3185&amp;itok=JS6-S5O_ 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/34613172885_ef13f664a6_o-crop.jpg?h=afdc3185&amp;itok=7y7c6j3l" alt="two women in a lab at the ϲ working on a printed circuit board "> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>Christopher.Sorensen</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2022-09-27T09:25:37-04:00" title="Tuesday, September 27, 2022 - 09:25" class="datetime">Tue, 09/27/2022 - 09:25</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">With “Tech for a Greener Future” as its inaugural theme, the RBC Innovation Challenge asks students to develop new ways to use data and technology to help Canada reach its 2050 net-zero targets (photo by ϲ)</div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/alyson-bruce" hreflang="en">Alyson Bruce</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/our-community" hreflang="en">Our Community</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/u-t-entrepreneurship" hreflang="en">ϲ Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/entrepreneurship" hreflang="en">Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/graduate-students" hreflang="en">Graduate Students</a></div> <div class="field__item"><a href="/news/tags/innovation-entrepreneurship" hreflang="en">Innovation &amp; Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/sustainability" hreflang="en">Sustainability</a></div> <div class="field__item"><a href="/news/tags/undergraduate-students" hreflang="en">Undergraduate Students</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><span style="vertical-align:baseline">The ϲ and RBC have partnered to launch the <a href="https://entrepreneurs.utoronto.ca/rbc-innovation-challenge/">RBC Innovation Challenge</a>, the latest joint initiative to bolster innovation and entrepreneurship efforts on campus and beyond.</span></p> <p><span style="vertical-align:baseline">The annual, university-wide competition is open to all ϲ students and invites multi-disciplinary teams to focus on technology projects with the potential for global impact.&nbsp;</span></p> <p><span style="vertical-align:baseline"><img alt="Jon French" src="/sites/default/files/Jon-French-crop.jpg" style="width: 250px; height: 250px; float: left; margin-left: 10px; margin-right: 10px;">For its inaugural year, the theme is “Tech for a Greener Future” and asks students how technology and data can be used to help Canada reach its 2050 net-zero targets<i>.</i> The challenge, <a href="https://entrepreneurs.utoronto.ca/event/rbc-innovation-challenge-launch/">to be officially launched with an event on Oct. 11</a>, will run until Jan. 26 and consists of three phases: “Discover,” which gives students an opportunity to get inspired, form teams and register them by the Nov. 13 deadline; “Develop,” when they will create an initial version of their product or service; and “Deliver,” when the teams will present to a panel of expert judges.</span></p> <p><span style="vertical-align:baseline">Writer <b>Alyson Bruce</b> recently sat down with <b>Jon French</b>, director, ϲ Entrepreneurship (UTE), to learn more about the challenge and the opportunity it presents for student entrepreneurs.</span></p> <hr> <p><span style="background:white"><b>How did the idea for the challenge come about?</b></span></p> <p><span style="vertical-align:baseline">We can start with the obvious – the science is clear. Human activity is having a devastating impact on our planet and many experts say the climate crisis is the single-most important threat facing our society.&nbsp;Plus, ϲ has always been a leader when it comes to creating innovative solutions to global problems, going back to the discovery of insulin in 1921. This is just another opportunity to use our technology and expertise to help generate positive societal and economic impact.</span></p> <p><span style="vertical-align:baseline">At the same time, ϲ is proud to be one of Canada’s leading public institutions committed to the goal of reaching net zero by 2050. We have robust, collaborative initiatives across our innovation ecosystem, including the <a href="https://www.schoolofcities.utoronto.ca/">School of Cities</a>, BioZone, the <a href="https://academic.daniels.utoronto.ca/masstimberinstitute/">Mass Timber Institute</a>, the Munk School of Global Studies and Public Policy’s <a href="https://munkschool.utoronto.ca/program/environmental-governance-lab/">Environmental Governance Lab</a>, the <a href="/news/adams-sustainability-celebration-2022-four-key-events-focused-building-sustainable-future-u-t">Adams Sustainability Celebration</a> and one of the university’s most ambitious strategic initiatives, the <a href="https://cpe.utoronto.ca/">Climate Positive Energy</a> strategic initiative, which is a delivery partner for this year’s challenge.</span></p> <p><span style="vertical-align:baseline">ϲ Entrepreneurship makes an ideal launching pad for the challenge because we see enormous potential for some of the projects created over the next few months to have commercial application. Our vibrant startup ecosystem has produced 107 ventures in cleantech alone and they have raised $496 million in research funding and are advancing research in converting CO2 into renewable fuels and materials, decarbonization technologies, hydrogen, and renewable energy such as solar.</span></p> <p><span style="vertical-align:baseline"><b>What is RBC’s role?</b></span></p> <p><span style="vertical-align:baseline">An initiative like this needs a committed partner and we are lucky to be working with RBC who have been a long-time supporter of ϲ’s innovation ecosystem. This is the latest in a series of RBC-supported activities, ranging from startup pitch competitions, research fellowships, and <a href="https://entrepreneurs.utoronto.ca/about/our-space/">ONRamp our co-working and collaboration space on the St. George campus</a>. As one of the world’s largest banks by market capitalization, RBC has an important role to play in the journey to net-zero and have demonstrated a commitment to action through <a href="https://www.rbc.com/community-social-impact/environment/our-strategy.html">the RBC Climate Blueprint.</a>&nbsp; With more than 10,000 employees working across different technical roles, they are also keenly interested in how tech can be used for positive societal and economic impact.&nbsp;</span></p> <p><span style="vertical-align:baseline">Ultimately, this is about learning, networking and developing entrepreneurial / intrapreneurial skills while having fun in a way that could make a big difference.</span><span style="vertical-align:baseline"><b>&nbsp;</b></span></p> <p><span style="background:white"><b>How will the challenge work?</b></span></p> <p><span style="vertical-align:baseline">Any current ϲ student at any level, in any academic discipline, is eligible to participate. The projects created during the challenge will either be brand new or less than six months old – meaning this is not for startups that are already well established. Teams of three to six students can be formed in myriad ways – through curricular or co-curricular initiatives (including course work, capstones, etc.), via the ϲ Entrepreneurship accelerator network and also out of facilitated meetups and ideation clinics.&nbsp;Once established, teams will have roughly two months to develop their projects, with support along the way from RBC domain experts, faculty advisers, targeted workshops – all culminating in a pitch competition for prizes on Jan. 26.&nbsp;</span></p> <p><span style="vertical-align:baseline">The strongest teams will likely be multi-disciplinary and representative of our diverse student body because multiple perspectives lead to more effective and inclusive solutions to the world’s greatest problems. Teams are encouraged to focus on&nbsp;tech-enabled&nbsp;projects that are relevant to individual Canadians, small and medium businesses or large companies and government. We are hoping to see a broad range of projects in areas such as: measuring, reporting and lowering carbon emissions; clean and renewable energy; food security; responsible investment; transportation; clean water, sustainable manufacturing materials and planetary health, to name a few.&nbsp;</span><span style="background:white"><b>&nbsp;</b></span></p> <p><span style="background:white"><b>Why should students participate?</b></span></p> <p>It’s a great opportunity for students to work on an impactful project over an extended period of time and not only learn from some of the top innovators, researchers and climate experts in the world, but also build a network of peers who are passionate about similar pursuits.</p> <p>There is also $100,000 in prizes for the top teams, including a $35,000 first-place prize and a $10,000 People’s Choice Award. The top team will also get to present their project – and represent ϲ – at an upcoming global climate conference or summit, with consideration given to carbon offsets.</p> <p>We anticipate that some of these projects will also be turned into startups that are supported by the ϲ Entrepreneurship community, which consists of <a href="https://entrepreneurs.utoronto.ca/for-entrepreneurs/u-of-t-accelerators/">more than 10 accelerators</a> across the three campuses. For finalist project teams that incorporate and pursue venture creation, there is another $10,000 available in the form of startup service vouchers to offset the cost of professional services such as legal and intellectual property protection, marketing, financial/accounting and more.&nbsp;</p> <p>The university’s Innovations &amp; Partnerships Office (IPO) is also committed to working with eligible teams hoping to commercialize their project output, while RBC is also exploring ways to support ϲ talent and the team members and projects that emerge from the challenge.</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p><span style="vertical-align:baseline"><b>&nbsp;</b></span></p> <p>&nbsp;</p> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Tue, 27 Sep 2022 13:25:37 +0000 Christopher.Sorensen 176954 at ϲ startups turn heads at virtual events around the world /news/u-t-startups-turn-heads-virtual-events-around-world <span class="field field--name-title field--type-string field--label-hidden">ϲ startups turn heads at virtual events around the world</span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/startup-winners.jpg?h=afdc3185&amp;itok=ieY9MHKs 370w, /sites/default/files/styles/news_banner_740/public/startup-winners.jpg?h=afdc3185&amp;itok=4z_dVau1 740w, /sites/default/files/styles/news_banner_1110/public/startup-winners.jpg?h=afdc3185&amp;itok=G2TqOVzz 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/startup-winners.jpg?h=afdc3185&amp;itok=ieY9MHKs" alt="&quot;&quot;"> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>Christopher.Sorensen</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2020-09-09T14:38:32-04:00" title="Wednesday, September 9, 2020 - 14:38" class="datetime">Wed, 09/09/2020 - 14:38</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">Clockwise, from top left: Daniel Szulc of Integral Health; the team from Genecis; Qoherent founder Ashkan Beigi; Mark Elias and Emile Maamary of Steadiwear; Livia Guo, Keith Pardee and Seray Cicek of LSK Technologies (photos supplied) </div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/peter-boisseau" hreflang="en">Peter Boisseau</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/global-lens" hreflang="en">Global Lens</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/u-t-entrepreneurship" hreflang="en">ϲ Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/hub" hreflang="en">The Hub</a></div> <div class="field__item"><a href="/news/tags/alumni" hreflang="en">Alumni</a></div> <div class="field__item"><a href="/news/tags/creative-destruction-lab" hreflang="en">Creative Destruction Lab</a></div> <div class="field__item"><a href="/news/tags/entrepreneurship" hreflang="en">Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/faculty-applied-science-engineering" hreflang="en">Faculty of Applied Science &amp; Engineering</a></div> <div class="field__item"><a href="/news/tags/faculty-arts-science" hreflang="en">Faculty of Arts &amp; Science</a></div> <div class="field__item"><a href="/news/tags/global" hreflang="en">Global</a></div> <div class="field__item"><a href="/news/tags/hatchery" hreflang="en">Hatchery</a></div> <div class="field__item"><a href="/news/tags/health-innovation-hub" hreflang="en">Health Innovation Hub</a></div> <div class="field__item"><a href="/news/tags/impact-centre" hreflang="en">Impact Centre</a></div> <div class="field__item"><a href="/news/tags/leslie-dan-faculty-pharmacy" hreflang="en">Leslie Dan Faculty of Pharmacy</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/rotman-school-management" hreflang="en">Rotman School of Management</a></div> <div class="field__item"><a href="/news/tags/startups" hreflang="en">Startups</a></div> <div class="field__item"><a href="/news/tags/u-t-scarborough" hreflang="en">ϲ Scarborough</a></div> <div class="field__item"><a href="/news/tags/utest" hreflang="en">UTEST</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Startup companies from the ϲ are racking up impressive performances at international pitch competitions – even as the pandemic forced the high-stakes events online.</p> <p>“Two of the largest global pitch competitions that have happened in the last few months were both won by ϲ startups,” says <strong>Jon French</strong>, director of ϲ Entrepreneurship, the umbrella organization for ϲ’s 11 entrepreneurship hubs.</p> <p>“It’s a testament to the caliber of entrepreneurial talent at ϲ and the fact that programming for student founders has not slowed down – it has ramped up virtually in response to COVID-19.”</p> <p>ϲ cleantech startup Genecis is one of the big winners. The company harnesses bacteria to turn food waste into polyhydroxyalkanoates (PHAs), otherwise known as biodegradable plastics that can used for everything from sustainable packaging to 3D printing.</p> <p>Founded four years ago by ϲ alumna <strong>Luna Yu</strong>, the startup was selected a Global Winner at this year’s Extreme Tech Challenge (XTC) in July – an event featured more than 2,400 competitors from nearly 90 countries.</p> <p>“Winning at XTC over more than 2000 other startups really speaks to what we've been working on and the ability of our team to execute,” says <strong>Abdul Khogali</strong>, the company’s chief operating officer.</p> <p>He added that the prestigious competition helped connect Genecis with potential investors, including Yahoo! co-founder Jerry Yang.</p> <p><img class="migrated-asset" src="/sites/default/files/Genecis%20Team%20Shot-crop.jpg" alt></p> <p><em>Genecis, founded four years ago by ϲ alumna <strong>Luna Yu </strong>(far left), harnesses bacteria to turn food waste into biodegradable plastics (photo courtesy of Genecis)</em></p> <p>ϲ quantum computing tech startup Qoherent also notched a big win this summer – at Startupfest in Montreal, where it competed with over 500 startups from around the world and took home a $100,000 top prize.</p> <p>Meanwhile, LSK Technologies, another ϲ startup, won the $25,000 RBC Entrepreneur Award, the top prize at Toronto-based TiEQuest 2020 in June.&nbsp;Also at TiEQuest, medical device startup Steadiwear – which produces a tremor reducing glove designed for people with conditions such as Parkinson’s disease – walked away with the $2,500 Baylis Medical People's Choice Award.</p> <p>Steadiwear also captured the Montreal Startup Festival’s highly sought Grandmother’s Choice Award, which is judged by a panel of seniors who serve as a kind of focus group for emerging products aimed at their demographic. At the same festival, ϲ startup Integral Health, which is developing a smart digital assistant for surgeons, won the Next 36 Young Entrepreneur Award, joining an elite cohort of emerging company founders.</p> <p><img class="migrated-asset" src="/sites/default/files/lab-crop.jpg" alt></p> <p><em>Daniel Szulc of ϲ startup&nbsp;Integral Health, which is&nbsp;developing a smart digital assistant for surgeons (photo courtesy of Daniel Szulc)</em></p> <p>While going virtual created enormous logistical challenges for pitch competition organizers, it also seemed to encourage a record numbers of competitors, making wins by ϲ startups that much more impressive, according to French. He says entrepreneurship, innovation and research commercialization are more important than ever as Canada looks to bounce back from COVID-19 by rebuilding its battered economy.</p> <p>“I'm looking at these virtual pitch competition victories as a proof that our companies are heading in the right direction,” he says.</p> <p>The Genecis team says being nimble and adaptable have been key to its success this year – not only at XTC, but at the Novo Nordisk Innovation Challenge, where it captured the top prize of nearly $40,000, and at the 2020 Mondi Lead2030 competition, where it was also among the winners.</p> <p>Khogali says the company – which earlier this year completed a program at Silicon Valley-based Y Combinator, one of the world’s premier startup accelerators – has shifted its initial focus away from manufacturing to the less capital-intensive business of licensing its process to industry partners.</p> <p>He credits mentorship the team received from ϲ professors and alumni, well as ϲ incubators and accelerators such as The Hub at ϲ Scarborough, the Entrepreneurship Hatchery and the Creative Destruction Lab (CDL), for helping the Genecis team transform its ideas into a potentially disruptive business.</p> <p><img class="migrated-asset" src="/sites/default/files/Picture%20of%20three%20founders%204%20boundless-crop.jpg" alt></p> <p><em>From left to right: Livia Guo, Assistant Professor Keith Pardee&nbsp;and Seray Cicek of LSK Technologies, which is developing a&nbsp;portable, “lab-in-a-box” technology to diagnose COVID-19 and other diseases&nbsp;(photo courtesy of LSK Technologies)</em></p> <p>Qoherent founder <strong>Ashkan Beigi</strong> also says ϲ played a key role in helping him grow his company, which aims to help scientists and engineers create wireless technologies and harness the power of machine learning.</p> <p>Beigi says CDL, based at ϲ’s Rotman School of Management, provided him with intensive entrepreneurial training, networking opportunities and a “road map” for the company. He also says the startup co-working space at ϲ’s ONramp, shared with partner universities, provided him with an ideal working environment, albeit one he has had to abandon in recent months because of the pandemic.</p> <p>“I’d love to go back to ONramp when we can because it’s a good space to be in, one of the best I’ve ever seen – and a great community to be part of,” he says.</p> <p>Winning the Montreal festival suggests Qoherent is on the right track and underscores the value of the guidance he received from CDL and others, Beigi says.</p> <p><img class="migrated-asset" src="/sites/default/files/Ash%20July%2019%202020-crop.jpg" alt></p> <p><em>Ashkan Beigi of Qoherent, which aims to&nbsp;help scientists and engineers create wireless technologies and harness the power of machine learning, says the Creative Destruction Lab played a key role in helping him develop the company&nbsp;(photo courtesy of Ashkan Beigi)</em></p> <p>LSK Technologies, co-founded by ϲ alumna <strong>Seray Cicek</strong> and <strong>Keith Pardee</strong>, an assistant professor in the Leslie Dan Faculty of Pharmacy, also credits ϲ support as a key factor in the startup’s success. The company, which has also just been accepted into Y Combinator, received support from two of ϲ’s campus-linked accelerators: H2i (Health Innovation Hub) and UTEST.</p> <p>The portable, “lab-in-a-box” technology developed by the researchers was originally focused on other diseases, but <a href="/news/u-t-researcher-s-lab-box-promises-boost-covid-19-testing-capacity">the pair pivoted quickly to make COVID-19 a priority when the pandemic hit</a>, Cicek says.</p> <p>She is hopeful about getting their disease screening device to market early next year.</p> <p>“We are looking forward to a world where we won’t be looking at a pandemic situation again,” Cicek says. “If we had been able to screen people better earlier this year, then perhaps we could be all meeting in person right now.”</p> <p><img class="migrated-asset" src="/sites/default/files/DSC_5020-5.jpg" alt></p> <p><em>Mark Elias and Emile Maamary are co-founders of Steadiwear, which makes&nbsp;a tremor reducing glove to help people with conditions such as Parkinson’s disease&nbsp;(photo courtesy of Steadiwear)</em></p> <p>For their part, Steadiwear co-founders <strong>Emile Maamary</strong> and <strong>Mark Elias</strong> say ϲ’s expansive entrepreneurial ecosystem helped prepare them for high-pressure pitch and marketing competitions.</p> <p>After spending early days working at the Impact Centre at the Faculty of Arts &amp; Science, the pair are excited about getting a new, miniaturized version of their glove to customers.</p> <p>“The original version essentially is like a sleeve that goes halfway up the forearm,” Elias says. “The miniature device doesn’t have any forearm elements and will be available for pre-order before the end of the year.</p> <p>“It's a big difference when you’re competing in the market.”</p> <h3><a href="http://entrepreneurs.utoronto.ca/">Learn more about ϲ Entrepreneurship</a><br> &nbsp;</h3> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Wed, 09 Sep 2020 18:38:32 +0000 Christopher.Sorensen 165565 at Collision from Home: ϲ Entrepreneurship's new director Jon French on startups in the age of COVID-19 /news/collision-home-u-t-entrepreneurship-s-new-director-jon-french-startups-age-covid-19 <span class="field field--name-title field--type-string field--label-hidden">Collision from Home: ϲ Entrepreneurship's new director Jon French on startups in the age of COVID-19</span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/BriandeRiveraSimon_tarsipix_2058.jpg?h=afdc3185&amp;itok=f-P737p6 370w, /sites/default/files/styles/news_banner_740/public/BriandeRiveraSimon_tarsipix_2058.jpg?h=afdc3185&amp;itok=vsxz3Esk 740w, /sites/default/files/styles/news_banner_1110/public/BriandeRiveraSimon_tarsipix_2058.jpg?h=afdc3185&amp;itok=CsNAxpxp 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/BriandeRiveraSimon_tarsipix_2058.jpg?h=afdc3185&amp;itok=f-P737p6" alt="&quot;&quot;"> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>rahul.kalvapalle</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2020-06-19T14:05:26-04:00" title="Friday, June 19, 2020 - 14:05" class="datetime">Fri, 06/19/2020 - 14:05</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">Jon French, who took over as director of ϲ Entrepreneurship in May, says more than 25 ϲ startups will conduct virtual demos at this year's Collision conference, which is being held online due to COVID-19 (photo by Brian de Rivera Simon)</div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/rahul-kalvapalle" hreflang="en">Rahul Kalvapalle</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/city-culture" hreflang="en">City &amp; Culture</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/coronavirus" hreflang="en">Coronavirus</a></div> <div class="field__item"><a href="/news/tags/u-t-entrepreneurship" hreflang="en">ϲ Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/icube" hreflang="en">ICUBE</a></div> <div class="field__item"><a href="/news/tags/alumni" hreflang="en">Alumni</a></div> <div class="field__item"><a href="/news/tags/artificial-intelligence" hreflang="en">Artificial Intelligence</a></div> <div class="field__item"><a href="/news/tags/creative-destruction-lab" hreflang="en">Creative Destruction Lab</a></div> <div class="field__item"><a href="/news/tags/health-innovation-hub" hreflang="en">Health Innovation Hub</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/rotman-school-management" hreflang="en">Rotman School of Management</a></div> <div class="field__item"><a href="/news/tags/startups" hreflang="en">Startups</a></div> <div class="field__item"><a href="/news/tags/thisistheplace" hreflang="en">ThisIsThePlace</a></div> <div class="field__item"><a href="/news/tags/u-t-mississauga" hreflang="en">ϲ Mississauga</a></div> <div class="field__item"><a href="/news/tags/u-t-scarborough" hreflang="en">ϲ Scarborough</a></div> <div class="field__item"><a href="/news/tags/utest" hreflang="en">UTEST</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Just over a year ago, Toronto <a href="/news/tiff-tech-collision-conference-shines-spotlight-city-s-booming-innovation-scene-0">played host to Collision, one of the world’s fastest-growing and most influential technology conferences</a> – drawing speakers, entrepreneurs, startups, inventors, investors and business leaders from around the world.&nbsp;</p> <p>This year, the event is being held virtually from June 23 to 25 because of the COVID-19 pandemic. But ϲ entrepreneurs, researchers and students will still have a major presence, with more than two dozen ϲ startups scheduled to participate.</p> <p><a href="https://collisionconf.com/">Collision from Home</a>, as its been dubbed, will also be <strong>Jon French</strong>’s first time at the event as director of ϲ Entrepreneurship – the umbrella organization for the incubators, accelerators and entrepreneurship programs spread across ϲ’s three campuses — a role he took over on May 19.</p> <p>Prior to joining ϲ, French spent nine years at Toronto-based startup accelerator and entrepreneurship network NEXT Canada, holding a variety of senior positions including, most recently, senior director of global recruitment, community and alumni.</p> <p><em>ϲ News</em> writer <strong>Rahul Kalvapalle</strong> recently spoke with French about ϲ’s participation in Collision from Home, how startups are adjusting to COVID-19 and his plans to grow and evolve ϲ’s entrepreneurship ecosystem during the pandemic and beyond.</p> <div align="center"> <hr align="center" size="0" width="100%"></div> <p><strong>What’s was your sense of how ϲ’s entrepreneurship network is perceived by investors, investors and other business leaders across Canada?</strong></p> <p>There were more ϲ entrepreneurs involved in NEXT Canada programs than any other university in the world, and so both for quantity and quality, ϲ has always punched above its weight. The ϲ is perceived globally as a top research university, very strong academically, and I think even more of a light could be shone on what a good job ϲ grads and faculty do in commercializing research and building companies based on what comes out of the university.</p> <p><strong>The first big event you have to look forward to is the virtual Collision conference. What do you anticipate will be some of the highlights of this year’s event?</strong></p> <p>First of all, it’s unfortunate that we won’t have an opportunity this year to showcase the city of Toronto, and Canada, to the world. I know that last year, we were able to connect with thousands of people in person, provide <a href="/news/space-startups-u-t-s-onramp-connect-ontario-entrepreneurs">tours of the ONRamp space</a> in the Banting building and give people a real flavour of not only the city, but what the university has to offer.</p> <p>With Collision held virtually this year, a part of ϲ Entrepreneurship’s role is to replicate all of this in a virtual environment. This is a massive, virtual coming-together of some of the top business leaders, entrepreneurs, investors, thought leaders and academics from around the world.</p> <p>There are so many highlights that I’m excited about. For one, we have approximately 300 students and staff from across our three campuses who will get an opportunity to hear from a truly incredible roster of speakers – it’s kind of like TED Talks on steroids given the calibre of people who will be speaking, from sports and entertainment to health care and politics.</p> <p>I think there are going to be really insightful, challenging and difficult conversations around economic recovery post-COVID. <strong>Joshua Gans,&nbsp;</strong>from the Rotman School of Management, who is also chief economist at the Creative Destruction Lab, is going to be speaking at 4:35 p.m. Wednesday on a panel about small business during a pandemic.&nbsp;We’re also going to hear about the&nbsp;workplace of the future. We’re going to hear about how we can build a more diverse and inclusive world with regards to technology and startups. You’re going to hear a lot about smart cities, health care and AI.</p> <p>There will be over 25 startups from the ϲ that will be doing demos virtually. I’m excited for them to get a chance to interact with potential customers and investors and connect globally with people – even if they might not have travelled to Toronto for the event. There’s going to be a pitch competition and I’d love to see a ϲ venture win.</p> <p>My team and a number of others are going to get into the Collision from Home app and have an opportunity to talk to people who want to learn more about investing in ϲ startups, mentoring entrepreneurs, commercializing research, creating corporate alignments with the university – it’s going to be a neat way for the university to have the spotlight on it from a diverse set of stakeholders.</p> <p><strong>Which ϲ startups at Collision are addressing issues around COVID-19?</strong></p> <p>MedStack is a company that’s involved in AI, in health care and providing infrastructure around privacy compliance and data – and these things are going to be critical in a post-COVID world. Figuring out ways to secure data but allow decisions to be made quicker and in a secure way is a huge opportunity. It’s a startup that combines ϲ’s strengths in the health-care space, technology and AI, and it’s a great story from the Health Innovation Hub (H2i).</p> <p>Another example is out of UTEST and that’s BioBox Labs. They’re a subscription service for parents to teach their kids about science in all kinds of different ways. At a time when kids are at home, parents are working from home and trying to figure out how to keep them busy, but not necessarily playing Fortnite for hours – &nbsp;so I love the idea of being able to get them excited about all things science.</p> <p><strong>You mentioned AI. What’s your assessment of ϲ’s AI-startup scene and where it’s headed?</strong></p> <p>I don’t think you could oversell how central the ϲ has been in artificial intelligence and deep learning going back to [<a href="https://www.provost.utoronto.ca/awards-funding/university-professors/">University Professor</a> Emeritus] <strong>Geoffrey Hinton</strong> – <a href="/news/am-turing-award-nobel-prize-computing-given-hinton-and-two-other-ai-pioneers">that story’s pretty well-known</a>. Canada now produces the most AI patents per million people in the G7. In the past five years, AI startups at ϲ have raised over $183 million in seed funding.</p> <p>One of the reasons ϲ is such a major AI hub is the work that’s happened over the years with support from CIFAR and NSERC – but what ϲ is able to do is allow talented AI scientists to connect with people who are solving problems in particular fields and create companies out of it. The AI is only as good as the problem it’s being applied to and the data that is being used. So, when you have a university that’s really well-known for how it deals with health care and biomedical or agriculture or fintech, you can take the algorithms and the machine learning and AI science and apply them to real-world problems.</p> <p>Our relationship with the Vector Institute for Artificial Intelligence is huge – there’s a lot of great work being done by ϲ with Vector. ϲ is also able to pull in big corporate partners. One example I’m very familiar with is Borealis, RBC’s AI research lab. You’ve got one of Canada’s top banks that’s on the ground level supporting AI, applying AI research and hiring ϲ grads.&nbsp;<strong>Foteini Agrafioti</strong>, the head and co-founder of Borealis AI who did her master's and PhD at the ϲ, is speaking at 10 a.m. on the first day of Collision about the untapped potential of AI, which is a great opportunity.</p> <p><strong>How is ϲ Entrepreneurship supporting startups that are trying to launch a new business during a pandemic?</strong></p> <p>The first thing we’re doing is continuing with communication – I personally reached out to everybody who’s a member of the ONRamp space and offered to grab a virtual coffee to connect to hear how they’re doing. We won’t always have the answers, but just knowing that there’s someone there who can listen to what you’re dealing with and maybe triage or support you as required is really helpful.</p> <p>The ϲ entrepreneurship ecosystem has continued delivering products, services, support, competition, opportunities and education to the startups through this pandemic.</p> <p>For example, iCUBE is doing <a href="https://www.utm.utoronto.ca/main-news/icube-celebrates-pride-new-pitch-competition">a university-wide pitch competition as part of Pride Month</a>. The UTEST application deadline was a couple of weeks ago, and there was a record number of applications, so there are many entrepreneurs who are hungry for the kind of support that they provide. H2i is offering virtual market-readiness sessions to entrepreneurs. CDL-Recovery has pivoted their model <a href="/news/creative-destruction-lab-launches-program-accelerate-innovations-address-covid-19">to address businesses that are going to focus on the economic recovery</a> coming out of COVID. The Bridge out of ϲ Scarborough has <a href="https://utsc.utoronto.ca/news-events/our-community/community-initiative-aims-put-scarborough-restaurants-torontos-culinary-map">a project connecting students in computer science and management to local restaurants to support them</a>.</p> <p>So, there’s so much going on and I commend the university ecosystem as a whole because they haven’t stopped working. If anything, things have gotten busier because we realize we need to do more to support our startups and entrepreneurs when they’re dispersed.</p> <p><strong>What are some of your goals for ϲ Entrepreneurship?</strong></p> <p>I’d like to evolve how we deliver some of the products, services and support. Having all the ϲ entrepreneurship programming under the ϲ Entrepreneurship umbrella, I think there’s a way for us to identify products, services and in-kind resources – that could be cloud computing, cloud credits, banking services or payment processing – and have anyone at the university who’s building a company and wants to tap into those perks to have access to them if they want.</p> <p>Another thing I’m working on, and that I am excited about, relates to intellectual property. ϲ Entrepreneurship is working on an IP training course that will be delivered through Quercus and available for any student, researcher and faculty member at the ϲ. That’s a really exciting opportunity that allows anyone who recognizes the need to protect their IP to complete this training course. The goal is to launch this in the fall.</p> <p><strong>What’s your message to ϲ students who are interested in entrepreneurship?</strong></p> <p>The first thing I would say is that there’s no right or wrong way, or a single path to plug into the ϲ Entrepreneurship ecosystem. Regardless of what you’re studying or want to build, whether you have an idea or a physical product, there are so many ways for you to engage.</p> <p>There are over 300 entrepreneurship-related courses at the university. Whether you’re someone in first year who has an idea and wants to figure out how to turn it into a business, or you’re a PhD student who has been working in the lab for a number of years and wants to launch something, or you’ve already got a product in the market and you’re trying to raise funding for it, there are programs, services and resources available to you.</p> <p>There really is no better time than now, when you’re a student, to start a company. That’s because, in many cases, you don’t have some of the responsibilities that you might have later on in life – whether that’s a mortgage or family. The opportunity cost is often lower when you’re a student and it’s less expensive – regardless of which sector or industry you’re building a company in – to prototype, test or try an idea than it was 20 years ago.</p> <p>The skills of being an entrepreneur – looking for opportunity, making decisions in an environment of uncertainty – are all very relevant in a time of COVID. But even if you don’t start a company, the toolbox you’re filling with entrepreneurial skills will help you no matter what your career path is.</p> <p>Take the step and get involved. Through the ϲ Entrepreneurship website and newsletter, you can connect with my team and identify opportunities. Our primary goal is to make it easy for you to explore those entrepreneurial dreams that you have. So don’t hesitate – reach out to us. We’d love to support you.</p> <h3><a href="http://entrepreneurs.utoronto.ca/">Learn more about ϲ Entrepreneurship</a></h3> <h3>&nbsp;</h3> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Fri, 19 Jun 2020 18:05:26 +0000 rahul.kalvapalle 165022 at Seven transformational things that happened at ϲ over the past decade /news/seven-transformational-things-happened-u-t-over-past-decade <span class="field field--name-title field--type-string field--label-hidden">Seven transformational things that happened at ϲ over the past decade</span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/GettyImages-545132770.jpg?h=afdc3185&amp;itok=VuBJYASQ 370w, /sites/default/files/styles/news_banner_740/public/GettyImages-545132770.jpg?h=afdc3185&amp;itok=K_Pzf3X9 740w, /sites/default/files/styles/news_banner_1110/public/GettyImages-545132770.jpg?h=afdc3185&amp;itok=jywI7TA2 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/GettyImages-545132770.jpg?h=afdc3185&amp;itok=VuBJYASQ" alt="Aerial view of ϲ downtown campus bathed in a rosy glow from the sun rising"> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>rahul.kalvapalle</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2019-12-20T16:19:44-05:00" title="Friday, December 20, 2019 - 16:19" class="datetime">Fri, 12/20/2019 - 16:19</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">(photo by Wei Fang via Getty Images)</div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/rahul-kalvapalle" hreflang="en">Rahul Kalvapalle</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/city-culture" hreflang="en">City &amp; Culture</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/indigenous-initiatives" hreflang="en">Indigenous Initiatives</a></div> <div class="field__item"><a href="/news/tags/schwartz-reisman-innovation-centre" hreflang="en">Schwartz Reisman Innovation Centre</a></div> <div class="field__item"><a href="/news/tags/schwartz-reisman-institute-technology-and-society" hreflang="en">Schwartz Reisman Institute for Technology and Society</a></div> <div class="field__item"><a href="/news/tags/myhal-centre-engineering-innovation-entrepreneurship" hreflang="en">Myhal Centre for Engineering Innovation &amp; Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/black-grad" hreflang="en">Black Grad</a></div> <div class="field__item"><a href="/news/tags/school-cities" hreflang="en">School of Cities</a></div> <div class="field__item"><a href="/news/tags/artificial-intelligence" hreflang="en">Artificial Intelligence</a></div> <div class="field__item"><a href="/news/tags/boundless" hreflang="en">Boundless</a></div> <div class="field__item"><a href="/news/tags/creative-destruction-lab" hreflang="en">Creative Destruction Lab</a></div> <div class="field__item"><a href="/news/tags/department-computer-science-innovation-lab" hreflang="en">Department of Computer Science Innovation Lab</a></div> <div class="field__item"><a href="/news/tags/entrepreneurship" hreflang="en">Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/entrepreneurship-hatchery" hreflang="en">Entrepreneurship Hatchery</a></div> <div class="field__item"><a href="/news/tags/factor-inwentash-faculty-social-work" hreflang="en">Factor-Inwentash Faculty of Social Work</a></div> <div class="field__item"><a href="/news/tags/faculty-applied-science-engineering" hreflang="en">Faculty of Applied Science &amp; Engineering</a></div> <div class="field__item"><a href="/news/tags/faculty-arts-science" hreflang="en">Faculty of Arts &amp; Science</a></div> <div class="field__item"><a href="/news/tags/health-innovation-hub" hreflang="en">Health Innovation Hub</a></div> <div class="field__item"><a href="/news/tags/impact-centre" hreflang="en">Impact Centre</a></div> <div class="field__item"><a href="/news/tags/indigenous" hreflang="en">Indigenous</a></div> <div class="field__item"><a href="/news/tags/landmark" hreflang="en">Landmark</a></div> <div class="field__item"><a href="/news/tags/lester-b-pearson-international-scholarship" hreflang="en">Lester B. Pearson International Scholarship</a></div> <div class="field__item"><a href="/news/tags/meric-gertler" hreflang="en">Meric Gertler</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/research-innovation" hreflang="en">Research &amp; Innovation</a></div> <div class="field__item"><a href="/news/tags/research-and-innovation" hreflang="en">Research and Innovation</a></div> <div class="field__item"><a href="/news/tags/rotman-school-management" hreflang="en">Rotman School of Management</a></div> <div class="field__item"><a href="/news/tags/sustainability" hreflang="en">Sustainability</a></div> <div class="field__item"><a href="/news/tags/toronto-pan-am-sports-centre" hreflang="en">Toronto Pan Am Sports Centre</a></div> <div class="field__item"><a href="/news/tags/truth-and-reconciliation" hreflang="en">Truth and Reconciliation</a></div> <div class="field__item"><a href="/news/tags/u-t-mississauga" hreflang="en">ϲ Mississauga</a></div> <div class="field__item"><a href="/news/tags/u-t-scarborough" hreflang="en">ϲ Scarborough</a></div> <div class="field__item"><a href="/news/tags/utest" hreflang="en">UTEST</a></div> <div class="field__item"><a href="/news/tags/vector-institute" hreflang="en">Vector Institute</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>As we prepare to usher in a new decade, <em>ϲ News</em> is looking back at some of the defining and impactful things that happened at the ϲ over the past 10 years.</p> <p>The ϲ community has left an indelible mark on the 2010s by making groundbreaking achievements in artificial intelligence, taking strides toward Indigenous reconciliation and promoting sustainability throughout its operations – to name just a few. Many of these initiatives have set in motion ideas and actions that will pave the way for the university’s success for decades to come.</p> <p>Here’s a list&nbsp;– admittedly a non-exhaustive one&nbsp;–&nbsp;of transformational things that happened at ϲ over the past 10 years:</p> <hr> <h3>Campus Transformation</h3> <p><strong>​<img class="migrated-asset" src="/sites/default/files/2018-04-27-CIE_0_0.jpg" alt></strong></p> <p><em>The Myhal Centre for Innovation &amp; Entrepreneurship on the St. George campus&nbsp;(photo by Lisa Sakulensky)</em></p> <p>The past decade has seen ϲ complete numerous construction and renovation projects as it continues to grow its campuses, expand the facilities available to students, faculty and staff,&nbsp;and lay the groundwork for more ambitious campus-building projects to come.</p> <p>To take one, high profile example: The Faculty of Applied Science &amp; Engineering last year opened the <a href="/news/u-t-engineering-opens-myhal-centre-engineering-innovation-entrepreneurship">Myhal Centre for Innovation &amp; Entrepreneurship</a>, a building designed to foster multi-disciplinary partnerships, experiential learning and entrepreneurship opportunities. Named after alumnus&nbsp;<strong>George Myhal&nbsp;</strong>and his wife Rayla, the building features technology-enhanced active learning rooms, dedicated space for student clubs and state-of-the-art fabrication facilities for design projects.</p> <p>ϲ also laid the groundwork for the Landmark Project, <a href="/news/u-t-landmark-project-make-st-george-campus-s-historic-core-greener-more-walkable-and-accessible">a major initiative to revitalize the historic core of the St. George campus</a> and enhance sustainability and accessibility.&nbsp;The project will feature the expansion of pedestrian-friendly areas around King’s College Circle, Hart House Circle and Tower Road, and will replace parking spots for cars with green spaces, granite paths&nbsp;and an underground parking garage.&nbsp;</p> <p><img class="migrated-asset" src="/sites/default/files/UofT11508_20160412_Landmark_MedSciPlaza_001.jpg" alt></p> <p><em>The Landmark Project will make the historic centre of St. George campus more pedestrian-friendly and add new green space (rendering courtesy of Michael Van Valkenburgh Associates Inc.)</em></p> <p>The St. George campus is also the proposed site of <a href="/news/u-t-build-academic-wood-tower-downtown-toronto-campus">a 14-storey building&nbsp;constructed from engineered wood</a>, which is prized as an innovative building material due its low carbon footprint, structural integrity, fire-resistant properties and aesthetic appeal. <a href="/news/new-u-t-building-create-cultural-and-intellectual-gateway-between-university-and-city">Another landmark building is proposed for 90 Queen's Park Crescent</a>, providing a home to ϲ's School of Cities as well as numerous departments from the Faculty of Arts &amp; Science.</p> <p>At ϲ Mississauga, it’s been a similarly eventful decade for campus-building.&nbsp;In 2011, the campus unveiled the&nbsp;<a href="/news/new-health-sciences-complex-opens-u-t-mississauga">Terrence Donnelly Health Sciences Complex</a>.&nbsp;In August, ϲ Mississauga&nbsp;acknowledged the Indigenous history of the land, the future of the campus and the university’s commitment to reconciliation by&nbsp;<a href="/news/maanjiwe-nendamowinan-u-t-mississauga-s-newest-building-honours-past-looks-future">revealing&nbsp;the name of its newest building</a>: Maanjiwe nendamowinan. Sitting on the site the former North Building, Maanjiwe nendamowinan&nbsp;is home to humanities and social sciences&nbsp;and features a six-storey atrium and event space, as well as 40,000 square feet of new classroom space that’s outfitted with cutting-edge technology and hundreds of new study spaces.&nbsp;</p> <p><img class="migrated-asset" src="/sites/default/files/UofT19612_UTM-Maanjiwe-nendamowinan-13.jpg" alt></p> <p><em>Maanjiwe nendamowinan&nbsp;at ϲ Mississauga boasts&nbsp;40,000 square feet of new classroom space that’s outfitted with cutting-edge technology&nbsp;(photo by&nbsp;Drew Lesiuczok)</em></p> <p>At ϲ Scarborough, national-level athletes, Varsity competitors and intramural sports participants alike can all take advantage of the state-of-the-art facilities on offer at the Toronto Pan Am Sports Centre.&nbsp;<a href="/news/welcome-toronto-pan-am-sports-centre">After opening to the public in 2014</a>, the facility hosted several competitions during the 2015 Pan Am/Parapan Am Games. It is now home to numerous national sport organizations and high-performance centres, while also offering&nbsp;ϲ Scarborough students top-notch fitness and wellness facilities.</p> <p><img class="migrated-asset" src="/sites/default/files/GettyImages-454961636.jpg" alt></p> <p><em>Wheelchair basketball players practise inside the Toronto PanAm Sports Centre (photo by Bernard Weil/Toronto Star via Getty Images)</em></p> <p>ϲ Scarborough <a href="https://utsc.utoronto.ca/news-events/our-community/five-things-you-need-know-about-utscs-newest-building">also opened the new Highland Hall building</a>, creating a striking new gateway to the campus in addition to doubling the amount of space dedicated to students and adding faculty and administration space. And it&nbsp;<a href="/news/wisdom-tettey-walks-ctv-news-through-valley-land-trail-u-t-scarborough">unveiled the 500-metre Valley Land Trail</a>, which was designed to offer accessibility and year-long enjoyment of the ravine abutting the campus.</p> <p>Finally, the university recently&nbsp;completed comprehensive&nbsp;<a href="/news/wow-factor-nearly-half-u-t-research-space-revitalized-sweeping-project">renovations of research labs</a>&nbsp;across its three campuses. Driven by nearly $190 million in funding from the university, province and federal government, the upgrades&nbsp;increased the amount of space available for research activities, improved electrical and internet connectivity and will create utility savings and reduce greenhouse gas emissions.</p> <hr> <h3>Sustainability and climate action</h3> <p><img class="migrated-asset" src="/sites/default/files/UofT15285_1026_UTSC009_0.jpg" alt><span style="color: rgb(72, 86, 103); font-family: &quot;Open Sans&quot;, sans-serif; font-size: 12px; font-style: italic;"></span></p> <p><span style="color: rgb(72, 86, 103); font-family: &quot;Open Sans&quot;, sans-serif; font-size: 12px; font-style: italic;">The rooftop garden at ϲ Scarborough (photo by Nick Iwanyshyn)</span></p> <p>Sustainability has been a central theme of ϲ’s efforts to revitalize and expand its three campuses.</p> <p>One of the most ambitious initiatives is the&nbsp;planned installation of a massive geo-exchange field beneath Front Campus. The&nbsp;project, <a href="/news/u-t-accelerates-emissions-reduction-efforts-new-low-carbon-action-plan">part of&nbsp;ϲ’s Low Carbon Action Plan</a>, will see boreholes drilled deep into the ground to allow for storage of surplus heat. It is projected to yield annual greenhouse gas reductions of 15,000 tonnes of carbon dioxide equivalent by 2024.</p> <p>Sustainable design is also a hallmark of ϲ Mississauga’s Maanjiwe nendamowinan, which has a&nbsp;20,000-gallon rainwater re-use system, energy-efficient mechanical systems, green roof spaces and a green-cleaning initiative, and&nbsp;ϲ Scarborough’s Toronto Pan Am Sports Centre, which boasts&nbsp;eco-friendly features including 1,854 rooftop solar panels and underground cisterns to collect rainwater.</p> <p>Physical projects aside, the university has also taken steps to <a href="/news/agent-change-u-t-moves-forward-plan-be-sustainability-leader">incorporate sustainability into all levels of academia</a> including working on developing curriculum&nbsp;pathways&nbsp;for sustainability-minded undergraduate students across the university.</p> <p>At an institutional level, ϲ has played a leadership role by engaging with the challenges posed by climate change on the world stage. In 2018, ϲ joined 12 other leading research universities in North America to form the University Climate Change Coalition, which aims to mobilize resources, expand research partnerships and leverage expertise to help businesses, cities and regions implement research-driven climate solutions.</p> <p>This year,&nbsp;President&nbsp;<strong>Meric Gertler </strong>attended the inaugural U7+ Alliance in Paris, <a href="/news/obligation-fill-vacuum-u-t-president-meric-gertler-leads-climate-change-discussion-paris-summit">where he briefed French President Emmanuel Macron on the alliance's commitment to sustainability</a>. ϲ has also hosted numerous speeches, conferences and symposia to further dialogue on climate change.</p> <hr> <h3>Artificial intelligence</h3> <p><img class="migrated-asset" src="/sites/default/files/UofT14364_20170706_GeoffreyHinton_001-crop.jpg" alt></p> <p><em>ϲ University Professor Emeritus Geoffrey Hinton has been described as the “godfather of deep learning”&nbsp;(photo by Johnny Guatto)</em></p> <p>Many predict that artificial intelligence is poised to revolutionize everything from transportation to medicine&nbsp;– and some of the most exciting work is taking place at&nbsp;ϲ thanks to pioneers like&nbsp;<a href="https://www.provost.utoronto.ca/awards-funding/university-professors/">University Professor</a>&nbsp;Emeritus&nbsp;<strong>Geoffrey Hinton</strong>, a Turing Award-winner&nbsp;who is known as the&nbsp;“godfather of deep learning.”</p> <p>In bid to build upon its early lead in the field, ϲ partnered with government and industry to&nbsp;launch the Vector Institute for Artificial Intelligence in 2017 and is now attracting several&nbsp;of the most promising AI researchers from around&nbsp;world.&nbsp;Toronto, in turn, is benefiting from the arrival of global tech companies keen to establish an AI footprint in the city. For example,&nbsp;Google, Uber, Samsung and NVIDIA have all established or expanded&nbsp;AI labs in Toronto that are headed by ϲ researchers.</p> <p>ϲ is also addressing AI through a multi-disciplinary lens following the launch of the Schwartz Reisman Institute for Technology and Society. Set to be housed in the new Schwartz Reisman Innovation Centre, the institute&nbsp;<a href="/news/gillian-hadfield-appointed-inaugural-director-u-t-s-schwartz-reisman-institute-technology">leverages ϲ's unique strengths across a wide range of fields</a>&nbsp;to explore&nbsp;the role of humanities, social sciences, public policy and law in a rapidly changing technology landscape.&nbsp;</p> <hr> <hr> <h3>A global, inclusive student experience</h3> <p><img class="migrated-asset" src="/sites/default/files/UofT13319_20170622_UofTFirstBlackGraduation_002-crop.jpg" alt></p> <p><em>Students at ϲ were the first in Canada to organize a Black Grad event in 2017 (photo by Geoffrey Vendeville)</em></p> <p>By embracing diversity and expanding its international presence, ϲ over the past decade has continued to further its reputation as an inclusive institution with a truly global outlook.</p> <p>ϲ’s student body has played a proactive role in this regard. For example, in 2017, ϲ students organized Black Grad, <a href="/news/uoftgrad17-u-t-s-black-graduation-first-its-kind-canada">Canada’s first ever graduation celebration for Black students</a>. Black Grad has since gone on to become one of the most highly anticipated convocation-related events on the calendar. After two years of being held at Hart House on the St. George campus, Black Grad 2019 was hosted at ϲ Mississauga in June and&nbsp;organizers say the first Black Grad of the new decade could be held at ϲ Scarborough.</p> <p>The year 2017 also saw the launch of the Lester B. Pearson International Student Scholarship, which brings some of the most talented and driven students from around the world to ϲ. The <a href="/news/world-comes-u-t-meet-year-s-pearson-scholars">2019 cohort</a> comprised 36 students drawn from 27 countries.</p> <p>ϲ has also continued to expand its international footprint by way of research agreements with academic and industry partners around the world. Meanwhile, the university’s&nbsp;commitment to equity and diversity has also been formalized in the&nbsp;<a href="/news/u-t-releases-new-strategic-research-plan">Institutional Strategic Research Plan</a>, which aims to ensure an inclusive environment and increase the presence of marginalized groups such as Indigenous Peoples, racialized persons, LGBTQ individuals and persons with disabilities.</p> <hr> <h3>Truth and Reconciliation</h3> <p><img class="migrated-asset" src="/sites/default/files/UofT70411_087A4788.jpg" alt></p> <p><em>Skahendowaneh Swamp, a chair of Indigenous knowledge at the Chanie Wenjack School for Indigenous Studies at Trent University, is flanked by ϲ President Meric Gertler (right) and Kelly Hannah-Moffat, vice-president of human resources and equity&nbsp;(photo by Lisa Lightbourn)</em></p> <p>In early 2016, ϲ President&nbsp;<strong>Gertler</strong>&nbsp;and Vice-President and Provost&nbsp;<strong>Cheryl Regehr</strong>&nbsp;<a href="/news/u-t-take-action-truth-and-reconciliation-commission">established ϲ’s Truth and Reconciliation Steering Committee</a>&nbsp;in response to the federal Truth and Reconciliation Commission of Canada’s call to Canadians to engage in ongoing reconciliation with Indigenous Peoples.</p> <p>The report produced 34 calls to action focusing on the following areas: Indigenous spaces; curriculum; students and co-curricular education; faculty and staff; research ethics and community relationships; and institutional leadership and implementation.</p> <p>Since then, ϲ has moved forward with a range of initiatives including the creation of the Master in Social Work, Indigenous Trauma and Resiliency program at the Factor-Inwentash Faculty of Social Work; organizing an Indigenous Mentoring Day to match Indigenous job-seekers with employers at the university; and the appointment of academic advisers for Indigenous research and Indigenous curriculum and education.</p> <p>The university is also launching an Indigenous Landscape project, to be installed on 4,500 square metres of Hart House Green, in response to the Truth and Reconciliation Committee's call for a&nbsp;“prominent, visible space at the very centre of the St. George campus&nbsp;be dedicated as an Indigenous space.”</p> <p>“Indigenous students will be able to walk through campus and see an outdoor space and know it was created for them, with them and with their needs in mind,” said&nbsp;<strong>Shannon Simpson</strong>, ϲ’s new director of Indigenous initiatives and&nbsp;co-chair of the Indigenous Landscape project.</p> <p>The project is being planned on the basis of in-depth consultations with Indigenous groups at ϲ and First Nations communities with historic ties to the area.</p> <hr> <h3>Innovation and&nbsp;entrepreneurship</h3> <p><img class="migrated-asset" src="/sites/default/files/UofT16178_20170920-0W7A4518-crop.jpg" alt></p> <p><em>ϲ’s ONRamp co-working and collaboration space opened to entrepreneurs in 2017 (photo by Kenneth Cheung)</em></p> <p>Over the past decade, ϲ entrepreneurs have created more than 500 startup companies that have secured over $1.5 billion in investment and helped establish the university as an engine of Toronto’s thriving innovation scene.</p> <p>ϲ alone is home to more than 10 campus-linked accelerators that cater to startups at various stages of development. They include the Creative Destruction Lab, which was founded at the Rotman School of Management and has since expanded to seven other locations in Canada, the U.S. and the U.K.; the Entrepreneurship Hatchery, which serves entrepreneurs in the Faculty of Applied Science &amp; Engineering; ICUBE, based in the Institute for Management and Innovation at ϲ Mississauga; and ϲ Scarborough’s The Hub. Others include: UTEST, DCSIL (Department of Computer Science Innovation Lab), H2i (Health Innovation Hub), Impact Centre and&nbsp;InnovED.&nbsp;</p> <p>Many entrepreneurs from ϲ and partner universities work out of ϲ’s ONRamp,&nbsp;<a href="/news/space-startups-u-t-s-onramp-connect-ontario-entrepreneurs">a 15,000-square-foot space that opened in 2017&nbsp;</a>and offers co-working and collaboration spaces – not to mention ready access to downtown Toronto’s vibrant business community.</p> <hr> <h3>Unprecedented community support</h3> <p><img class="migrated-asset" src="/sites/default/files/UofT17626_c03.jpg" alt></p> <p><em>The soon-to-be-built Schwartz Reisman Innovation Centre will accelerate innovation in Toronto and Canada by creating the country’s largest university-based innovation node (rendering by WEISS/MANFREDI)</em></p> <p>In March, ϲ received $100 million from&nbsp;<strong>Gerald Schwartz</strong>&nbsp;and&nbsp;<strong>Heather Reisman&nbsp;</strong>–<a href="/news/landmark-100-million-gift-university-toronto-gerald-schwartz-and-heather-reisman-will-power">&nbsp;the largest single donation in its history</a>.&nbsp;The funds are being used to support construction of the new Schwartz Reisman Innovation Centre that&nbsp;will anchor ϲ's growing cluster of AI scientists, biomedical experts and entrepreneurs.&nbsp;</p> <p>But that was only the tip of the iceberg when it came to supporting the university over the past decade.</p> <p>Spanning a period of seven years, ϲ’s Boundless campaign raised $2.6-billion from more than 104,000 donors in nearly 100 countries. The generous contributions from individuals, families, corporations and charitable organizations will go towards an array of initiatives aimed at accelerating research and educational opportunities, enriching the student experience and transforming the university’s three campuses to leave a lasting legacy for generations to come.</p> <p>What's more, the campaign saw endowments for student aid and student support cross the $1-billion mark for the first time in the university's history.</p> <p>In an&nbsp;<a href="/news/david-palmer-vice-president-advancement-how-u-t-harnessed-generosity-donors-raise-26-billion">interview with&nbsp;<em>ϲ News</em></a>&nbsp;this past summer,&nbsp;<strong>David Palmer</strong>, ϲ's vice-president, advancement, said the Boundless campaign’s success suggests the best is yet to come.</p> <p>"People ask me all the time: 'Have we exhausted the capacity of our donors and the time and efforts of our volunteers?' And I have to say we all feel we’ve barely begun to scratch the surface of what we are capable of together, and what our donors and volunteers are so generously willing to do for us," Palmer said.</p> <p>"We think there’s a very, very exciting future ahead of us right now."</p> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Fri, 20 Dec 2019 21:19:44 +0000 rahul.kalvapalle 161271 at ϲ entrepreneur headed to international pitch competition, focused on empowering women in Afghanistan /news/u-t-entrepreneur-headed-international-pitch-competition-focused-empowering-women-afghanistan <span class="field field--name-title field--type-string field--label-hidden">ϲ entrepreneur headed to international pitch competition, focused on empowering women in Afghanistan</span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/diva_lwd_1.jpg?h=afdc3185&amp;itok=E1Ic_3-3 370w, /sites/default/files/styles/news_banner_740/public/diva_lwd_1.jpg?h=afdc3185&amp;itok=TP_iFOuh 740w, /sites/default/files/styles/news_banner_1110/public/diva_lwd_1.jpg?h=afdc3185&amp;itok=Jhpnw-kq 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/diva_lwd_1.jpg?h=afdc3185&amp;itok=E1Ic_3-3" alt="Diva Turial, who recently won the Falling Walls Toronto Pitch Competition, fields questions about her start-up, Lead with Dignity, at the True Blue Expo earlier this year"> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>Christopher.Sorensen</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2019-09-30T00:00:00-04:00" title="Monday, September 30, 2019 - 00:00" class="datetime">Mon, 09/30/2019 - 00:00</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">“Love, humility and compassion – from that you can build anything,” says Diva Turial, a social entrepreneur and founder of Lead With Dignity (photo courtesy of Diva Turial)</div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/sean-mcneely" hreflang="en">Sean McNeely</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/global-lens" hreflang="en">Global Lens</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/alumni" hreflang="en">Alumni</a></div> <div class="field__item"><a href="/news/tags/faculty-arts-science" hreflang="en">Faculty of Arts &amp; Science</a></div> <div class="field__item"><a href="/news/tags/global" hreflang="en">Global</a></div> <div class="field__item"><a href="/news/tags/innovation-entrepreneurship" hreflang="en">Innovation &amp; Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/john-h-daniels-faculty-architecture" hreflang="en">John H. Daniels Faculty of Architecture</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/st-michael-s-college" hreflang="en">St. Michael's College</a></div> <div class="field__item"><a href="/news/tags/startups" hreflang="en">Startups</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><span class="caption-text" style="box-sizing: border-box; color: rgb(101, 101, 101); font-family: &quot;Open Sans&quot;, Arial, Helvetica, sans-serif; font-size: 12px; text-align: center;"></span>Think about some of the things that take three minutes in an average day – boiling a kettle, brushing your teeth, listening to a song. Three minutes can pass in the blink of an eye.&nbsp;</p> <p>Yet, in just three minutes, ϲ alumna <strong>Diva Turial</strong> presented a detailed plan to a panel of judges to help young women in Afghanistan overcome hunger and unemployment. It was so convincing that she won the&nbsp;<a href="https://www.falling-walls.com/lab" target="_blank">Falling Walls</a>&nbsp;Toronto Pitch Competition and will be taking part in a larger competition in Berlin in November.&nbsp;</p> <p>“I believe it’s my responsibility to serve women in Afghanistan who have abundant potential, but lack of resources and opportunities, because I was once in their shoes,” she says. “Now, I have the privilege of living in a country like Canada that’s very resourceful, so I’m trying to do my part.”&nbsp;</p> <p>Falling Walls is an international competition where students, entrepreneurs, early-career researchers and academics pitch an innovative idea in three minutes, showcasing a breakthrough that can impact science or society.</p> <p>Turial’s&nbsp;proposal outlined a microlending program to provide women in rural Afghanistan with raw materials to create handwoven carpets. The carpets would then be sold in international markets, offering the women a way of earning much-needed income.</p> <p>“Diva put forward a very strong, innovative pitch through which her social entrepreneurial spirit shone brightly,” says <strong>Akshita Vincent</strong>, a technology analyst with ϲ’s&nbsp;Innovations &amp; Partnerships Office&nbsp;and one of the competition’s judges. “She presented very clear goals and objectives, and a very well thought-out and achievable plan to meet them.”</p> <p>Turial, a member of St. Michael’s College who graduated from the Faculty of Arts &amp; Science in 2016 with a bachelor's degree in&nbsp;science, has taken advantage of every minute since starting at ϲ to become an entrepreneur and humanitarian.</p> <p>Her pitch was the result of hard work paired with motivation from her own life. Born and raised in a small village in Afghanistan, “there was no education for girls whatsoever and my biggest dream was one day having a chance to go to school,” she says.</p> <p>She remembers feeling frustrated and powerless. “You have the potential, you have the drive, you have the ability, but you have no resources or opportunities,” she says.</p> <p>Turial’s family immigrated to Canada in 2011. “I started university the next year and in the beginning it was difficult in terms of culture shock,” she says.</p> <p>Once the shock subsided, some of her psychology and philosophy classes – as well as supportive professors – had a profound impact on her outlook, teaching her “to be humble, to be compassionate, always ready to help others and seek out opportunities to do so,” she says.</p> <p>She initially thought about going into medicine, following in the footsteps of her siblings. “My brother is a physician and three of my sisters are nurses, and another one is in biomedical physics,” she says. “But that’s not where my potential lies. My drive is more towards social entrepreneurship.”</p> <p>That drive is what led to her winning pitch, and her founding of the Toronto-based non-profit social impact startup&nbsp;<a href="https://leadwithdignity.org/" target="_blank">Lead with Dignity</a>&nbsp;in 2017.</p> <p>Lead with Dignity aims to support and empower marginalized and vulnerable youth – with a specific focus on women&nbsp;–&nbsp;between the ages of 14 and 30 who are at risk of hunger, homelessness, chronic unemployment, mental health and other related issues. The organization offers employment assistance and microlending as a way to start a small business and generate a sustainable source of income.</p> <p>“I want to support people who have potential but don’t have access to opportunities or resources, or they lack the confidence to do something they want to do,” she says. “Self-confidence can have an amazing impact on someone’s life.”</p> <p><img class="migrated-asset" src="/sites/default/files/GettyImages-1169546572.jpg" alt></p> <p><em>“I believe it’s my responsibility to serve women in Afghanistan who have abundant potential, but lack of resources and opportunities, because I was once in their shoes,” says Daiva Turial&nbsp;(photo of female weavers in Kabul&nbsp;by Scott Peterson/Getty Images)</em></p> <p>Lead with Dignity began slowly and relatively quietly as a Facebook group. The startup’s first two years were filled with coaching sessions, workshops, training programs, networking, grant-writing and applying for funding – all while securing space in ϲ’s ONRamp co-working space.&nbsp;</p> <p>Along the way, she’s helped other ϲ students, providing internship, volunteer and academic credit opportunities to students like <strong>Eugenia Wong</strong>, who just graduated from the architecture and visual studies program at the&nbsp;John H. Daniels Faculty of Architecture, Landscape, and Design. She completed her degree with a six-month internship at Lead with Dignity that wrapped up in May.</p> <p>“I had a great time,” says Wong. “Diva delegates responsibilities to every member of the team and respects our efforts. I’m most fond of representing Lead with Dignity at ϲ’s annual startup expo. I was able to connect with like-minded people&nbsp;and learn more about other startups.”</p> <p>Now more established, Lead with Dignity is poised to take some big steps forward. “This is my first startup, so it’s been a learning opportunity,” says Turial. “But now, I know how to do more.”</p> <p>“More” includes conducting a research project in Toronto “to find out the challenges that youth face in terms of finding employment,” says Turial. “Once we analyze the data and better understand the challenges, we’ll design a workshop inviting employers, youth workers, and people that work with homeless or at-risk youth to see the different ways we can design a suitable program.”</p> <p>She is also working on a digital platform – a website and mobile app –&nbsp;where interest-free loans can be disbursed to at-risk youth who need funding to start small businesses. Funds will be a combination of grant money, donations and crowd-funding by investors who want to support youth-led initiatives.</p> <p>Turial also envisions creating an app to act as a single source for at-risk youth to easily find the resources they need – anything from education and employment counselling, to locations around the city for shelter or a meal. Think Trivago for at-risk support services.</p> <p>“I’m feeling good, but I feel like I need to do more,” says Turial, reflecting on Lead with Dignity’s progress. “I wouldn’t call it much of an accomplishment unless you see real impact.”</p> <p>She intends to boost that impact by completing an MBA at the Hult International Business School in Boston this fall.</p> <p>“Once I do my MBA, I’ll be making connections, applying to grants and the main focus will be to build up a proper curriculum or support system of different resources for at-risk youth in Toronto,” she says.</p> <p>“Love, humility and compassion – from that you can build anything.”&nbsp;</p> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Mon, 30 Sep 2019 04:00:00 +0000 Christopher.Sorensen 159241 at Three teams awarded ϲ's first-ever sustainability innovation prize /news/three-teams-awarded-u-t-s-first-ever-sustainability-innovation-prize <span class="field field--name-title field--type-string field--label-hidden">Three teams awarded ϲ's first-ever sustainability innovation prize</span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/0W7A0671.jpg?h=afdc3185&amp;itok=RegkhlQa 370w, /sites/default/files/styles/news_banner_740/public/0W7A0671.jpg?h=afdc3185&amp;itok=UuNMg9xW 740w, /sites/default/files/styles/news_banner_1110/public/0W7A0671.jpg?h=afdc3185&amp;itok=qjjS263L 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/0W7A0671.jpg?h=afdc3185&amp;itok=RegkhlQa" alt="Photo of 2019 Sustainability Innovation Prize winners"> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>perry.king</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2019-06-18T18:26:58-04:00" title="Tuesday, June 18, 2019 - 18:26" class="datetime">Tue, 06/18/2019 - 18:26</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">The winners of ϲ's sustainability innovation prize, part of a larger effort to make sustainability innovation a key component of the university’s identity, pose for a photo following a pitch competition on June 12 at ONRamp (photo by Perry King)</div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/perry-king" hreflang="en">Perry King</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/our-community" hreflang="en">Our Community</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/munk-school-global-affairs-public-policy-0" hreflang="en">Munk School of Global Affairs &amp; Public Policy</a></div> <div class="field__item"><a href="/news/tags/faculty-arts-science" hreflang="en">Faculty of Arts &amp; Science</a></div> <div class="field__item"><a href="/news/tags/geography-and-planning" hreflang="en">Geography and Planning</a></div> <div class="field__item"><a href="/news/tags/graduate-students" hreflang="en">Graduate Students</a></div> <div class="field__item"><a href="/news/tags/john-h-daniels-faculty-architecture" hreflang="en">John H. Daniels Faculty of Architecture</a></div> <div class="field__item"><a href="/news/tags/lawrence-s-bloomberg-faculty-nursing" hreflang="en">Lawrence S. Bloomberg Faculty of Nursing</a></div> <div class="field__item"><a href="/news/tags/mars" hreflang="en">MaRS</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/rotman-school-management" hreflang="en">Rotman School of Management</a></div> <div class="field__item"><a href="/news/tags/school-environment" hreflang="en">School of the Environment</a></div> <div class="field__item"><a href="/news/tags/sustainability" hreflang="en">Sustainability</a></div> <div class="field__item"><a href="/news/tags/u-t-mississauga" hreflang="en">ϲ Mississauga</a></div> <div class="field__item"><a href="/news/tags/undergraduate-students" hreflang="en">Undergraduate Students</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>In front of a packed room of their peers, 10 groups of students recently had three minutes each to pitch a new sustainability-focused&nbsp;product or startup&nbsp;with the potential to make a signficant impact.&nbsp;</p> <p>In the end, three were named winners of the first-ever ϲ Sustainability Innovation Prize, a $5,000 award&nbsp;created to recognize, reward and accelerate&nbsp;ϲ’s most innovative sustainability ideas. The winners included: SoluSave, a startup that seeks to recycle solvents used in undergraduate laboratories; STP Sports, which aims to reduce the environmental footprint of professional sporting events; and Circular Toys, a company that asks families, schools&nbsp;and individuals to subscribe to eco-friendly toy packages.</p> <p>The competition, held on June 12 at ϲ’s ONRamp co-working space for startups,&nbsp;is an initiative of the President’s Advisory Committee on the Environment, Climate Change, and Sustainability, which laid out a plan last year&nbsp;to incorporate&nbsp;sustainable ideas and practices into ϲ’s operations.</p> <p>"The committee was tasked with finding ways to advance ϲ’s contribution to meet the challenges of climate change and sustainability – with a particular focus on research and innovation, on teaching and on operations,” said&nbsp;<strong>John Robinson</strong>, the committee’s chair and the president’s adviser on environment, climate change and sustainability, in remarks before the competition began.</p> <p>Robinson, who is also a professor in the department of geography and planning with cross appointments at the Munk School of Global Affairs, the School of the Environment and the John H.&nbsp;Daniels Faculty of Landscape, Architecture, and Design, added that the committee wants to make sustainability innovation a key component of the university’s identity, to achieve international leadership in this field and promote more sustainability activities on campus.</p> <p>“This prize competition is an important part of that overall strategy,” he said. “It’s aimed at supporting, engaging and rewarding ϲ students&nbsp;– you&nbsp;– who have&nbsp;sustainability ideas&nbsp;and are interested in finding a way of bringing them to the world.”</p> <p>The&nbsp;finalists were judged by&nbsp;<strong>Kenneth Corts</strong>, the vice-dean of&nbsp;faculty and research at the Rotman School of Management,&nbsp;<strong>Tyler Hamilton, </strong>a<strong>&nbsp;</strong>senior manager of partnerships at MaRS Cleantech,&nbsp;<strong>Ron Saporta</strong>, ϲ’s chief operations officer of facilities and services&nbsp;and&nbsp;<strong>Joerg Wittenbrinck</strong>, a senior policy advisor at the Ontario Ministry of Energy.</p> <p><img class="migrated-asset" src="/sites/default/files/48055269723_97893d5c60_o.jpg" alt></p> <p><em>John Robinson is chair of the&nbsp;President’s Advisory Committee on the Environment, Climate Change, and Sustainability (photo courtesy of ϲ Entrepreneurship)</em></p> <p>Laboratory recyling startup SoluSave, led by third-year undergraduates&nbsp;<strong>John Russell</strong>&nbsp;and&nbsp;<strong>Leanna Smid</strong>, took part in their first-ever pitch competition and were nervous throughout their presentation.</p> <p>They were even more surprised to hear that they won.</p> <p>“We saw the competition&nbsp;– a lot of graduate and PhD students&nbsp;–&nbsp;so it was very intense but it was really rewarding to get this,” said Russell. After developing the idea several months ago, the duo “wanted to get a feel” for how pitch competitions work, Russell said.</p> <p>SoluSave seeks to build a waste disposal device that could be marketed to undergraduate labs as a cost-effective alternative to conventional waste disposal. The recycler device&nbsp;would be optimized for easy use and scaled for use for different kinds of washing solvents.</p> <p><img class="migrated-asset" src="/sites/default/files/0W7A0674.jpg" alt></p> <p><em>John Russell&nbsp;and&nbsp;Leanna Smid&nbsp;of SoluSave took part in their first-ever pitch competition&nbsp;(photo by Perry King)</em></p> <p>With the prize money, the team plans to develop a prototype using acetone&nbsp;this summer. “We want to run our test trials in the labs at ϲ and broaden our range from here to see what universities are interested in sustainable chemistry,” Russell said.</p> <p>“Chemistry is being done all over the place," he added, "and one thing that some universities don’t take note of is the sustainable aspect of the work.</p> <p>“That’s something that definitely we should move towards.”</p> <p>STP Sports, led by ϲ Mississauga graduate students&nbsp;<strong>Tom Chen</strong>,&nbsp;<strong>Samantha DiIorio</strong>&nbsp;and&nbsp;<strong>P</strong><strong>aulina S</strong><strong>zlachta</strong>, is primarily focused on helping sports teams and leagues create easy waste management processes, procurement policies – including assessing stadium vendors and suppliers – and undertaking employee training and education.</p> <p>The idea for this startup came primarily from Chen, who wanted to blend his interests with his graduate work in sustainability management. “I said ‘You know what? Am I going to spend that much time on something I don’t really enjoy?’” said Chen, who grew up in “sports crazy” Boston. “How can I combine those two aspects – sports and sustainability?”</p> <p>Working on their sustainability capstone project, the team found that the NFL, MLB, NHL and NBA produced about 165 million pounds of waste, but only a 25 per cent waste diversion rate.</p> <p>They reached out to all the leagues and teams on creating better waste diversion solutions and&nbsp;developed a working relationship with the NFL’s&nbsp;Atlanta Falcons. In their first case study, they found that Mercedes-Benz Stadium in Atlanta had a 45 per cent waste diversion rate, solar power installation and a stormwater management strategy. They built STP Sports around that case study.</p> <p><img class="migrated-asset" src="/sites/default/files/0W7A0677.jpg" alt></p> <p><em>Paulina Szlachta and&nbsp;Tom Chen of&nbsp;STP Sports, which is focused on making sports teams and leagues more environmentally sustainable (photo by Perry King)</em></p> <p>Chen sees STP as being at “ground zero” of an environmental movement in pro sports. Their prize win will give&nbsp;them more resources to help major sports franchises become more environmentally sustainable – something that they are interested in pursuing, according to Chen.</p> <p>Szlachta is excited about the potential benefits of the project. “There’s just so much we can do and so much waste we can optimize in these kinds of facilities&nbsp;–&nbsp;and not just stadiums, but&nbsp;concert halls, and&nbsp;all kinds of venues. There’s so much to be done there and so little being done right now.”</p> <p>Circular Toys, led by&nbsp;<strong>Daniel McKee&nbsp;</strong>and<strong>&nbsp;Lisa Pooley</strong>, provides subscribers with eco-friendly toy packages&nbsp;every three months. But, they will also have a chance to send used toys back, reducing&nbsp;waste and the amount of plastic products in the environment.</p> <p>“There’s such a short lifespan of toys that aren’t environmentally friendly and recyclable, and it isn’t reasonable to refurbish them,” said McKee, a nursing student who says the toys will be targeted to children aged one to seven.</p> <p>The average family has 71 toys per household and&nbsp;about 90 per cent of them are plastic – nearly 10 per cent of which can’t be recycled, according to McKee. Circular Toys, by contrast, proposes to&nbsp;create&nbsp;an avenue for families looking to reduce waste and provide safer toy options for their children.</p> <p>“It’s better for the parents because there&nbsp;isn’t clutter, it’s better for the students because it’s safer for them and it’s better for the planet,” says McKee, who added the toys themselves are meant to stimulate the child’s mind and encourage&nbsp;teamwork.</p> <p><img class="migrated-asset" src="/sites/default/files/0W7A0679.jpg" alt></p> <p><em>Daniel McKee of Circular Toys, provides subscribers with eco-friendly toy packages&nbsp;every three months, but also allows them to be returned (photo by Perry King)</em></p> <div>Circular Toys plans to boost its marketing resources as the startup launches in August. The goal is to amass 100 subscribers in the near term – the equivalent to 3.5 tons of plastic that would otherwise reach oceans and landfills.</div> <p>It was a nervous pitch competition for McKee, but the win is the next step in an ongoing journey. “In the three minutes, you’ve said all the necessary pieces, but I would have liked to answer more questions and explained a little bit more in detail,” he said.&nbsp;</p> <p>“Hopefully there will be other pitches for that.”</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Tue, 18 Jun 2019 22:26:58 +0000 perry.king 156874 at Entrepreneurship Week 2019: Ten ϲ startups to watch /news/entrepreneurship-week-2019-ten-u-t-startups-watch <span class="field field--name-title field--type-string field--label-hidden">Entrepreneurship Week 2019: Ten ϲ startups to watch</span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/2018-09-05-Leila-Happy-Pops-%28weblead%29_0.jpg?h=afdc3185&amp;itok=uTlC5jg5 370w, /sites/default/files/styles/news_banner_740/public/2018-09-05-Leila-Happy-Pops-%28weblead%29_0.jpg?h=afdc3185&amp;itok=EfqC-Mtw 740w, /sites/default/files/styles/news_banner_1110/public/2018-09-05-Leila-Happy-Pops-%28weblead%29_0.jpg?h=afdc3185&amp;itok=y3VqBaLT 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/2018-09-05-Leila-Happy-Pops-%28weblead%29_0.jpg?h=afdc3185&amp;itok=uTlC5jg5" alt="Photo of Leila Keshavjee"> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>Christopher.Sorensen</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2019-03-18T13:10:48-04:00" title="Monday, March 18, 2019 - 13:10" class="datetime">Mon, 03/18/2019 - 13:10</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">Leila Keshavjee of Happy Pops, which makes all-natural ice pops (photo by Chris Sorensen)</div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/chris-sorensen" hreflang="en">Chris Sorensen</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/our-community" hreflang="en">Our Community</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/ontario-impact" hreflang="en">Ontario Impact</a></div> <div class="field__item"><a href="/news/tags/alumni" hreflang="en">Alumni</a></div> <div class="field__item"><a href="/news/tags/artificial-intelligence" hreflang="en">Artificial Intelligence</a></div> <div class="field__item"><a href="/news/tags/breast-cancer" hreflang="en">Breast Cancer</a></div> <div class="field__item"><a href="/news/tags/computer-science" hreflang="en">Computer Science</a></div> <div class="field__item"><a href="/news/tags/faculty-applied-science-engineering" hreflang="en">Faculty of Applied Science &amp; Engineering</a></div> <div class="field__item"><a href="/news/tags/health" hreflang="en">Health</a></div> <div class="field__item"><a href="/news/tags/innovation-entrepreneurship" hreflang="en">Innovation &amp; Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/startups" hreflang="en">Startups</a></div> <div class="field__item"><a href="/news/tags/sustainabilty" hreflang="en">Sustainabilty</a></div> <div class="field__item"><a href="/news/tags/ted-rogers-centre-heart-research" hreflang="en">Ted Rogers Centre for Heart Research</a></div> <div class="field__item"><a href="/news/tags/thisistheplace" hreflang="en">ThisIsThePlace</a></div> <div class="field__item"><a href="/news/tags/u-t-mississauga" hreflang="en">ϲ Mississauga</a></div> <div class="field__item"><a href="/news/tags/u-t-scarborough" hreflang="en">ϲ Scarborough</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Supported by nine different incubator&nbsp;and accelerator&nbsp;hubs spread across three campuses, ϲ&nbsp;startups and the entrepreneurs behind them are pushing the boundaries in industries ranging from foodstuffs to health care.</p> <p>Over the past decade, ϲ has helped launch or grow more than 500 research-based companies that have generated a collective $1-billion investment. Those companies, in turn, are helping to create the jobs and industries of tomorrow.</p> <p>With <a href="http://entrepreneurs.utoronto.ca/entrepreneurshipweek/">Entrepreneurship Week</a> now underway, here are 10 innovative ϲ startups to keep your eye on in 2019:</p> <hr> <h3>Happy Pops</h3> <p><strong>Leila Keshavjee</strong> originally planned to study medicine, but took a detour in 2016 when she spotted a local ice pops business for sale. Having done a bachelor’s degree&nbsp;in kinesiology, Keshavjee believed there would be a market for an all-natural, fruit-flavoured treat.</p> <p>So she took the plunge.</p> <p>“I think the days of red, white and blue popsicles are done,” Keshavjee told&nbsp;<em>ϲ News</em>&nbsp;last year.&nbsp;“All those artificial ingredients we’re feeding kids has to stop – and I’m on a mission to change that.”</p> <p>The progress has been quick. Keshavjee “hustled hard” to get the word out, believing that if customers tried her bold, natural flavours they would be instant converts.</p> <p>Her big break came last fall when<a href="/news/cool-under-pressure-u-t-happy-pops-startup-lands-dragons-den-deal"> she appeared on the season premiere of <em>Dragons' Den</em></a>, walking away with a deal with Arlene Dickinson. Fast-forward to today, she’s preparing to relaunch the brand and prove that ice pops can be more than a summertime treat.</p> <h3>BioRender</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10491 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2018-08-02-BioRender-Shiz-magazine%28embed%29.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo by Chris Sorensen)</em></p> <p>Shiz Aoki (above) and her team, which includes ϲ computer science alumna <strong>Katya Stein</strong> and Ryan Marien, <a href="/news/clunky-cool-u-t-startup-helps-life-sciences-researchers-struggling-illustrate-their-work">have built an Adobe Illustrator-like tool to help researchers in the life sciences sector visually depict their work</a>.</p> <p>Aoki, a trained medical illustrator and a former lead illustrator for <em>National Geographic</em>, got the idea for BioRender after her Toronto studio was inundated with requests from local scientists who struggled to create quality graphics to accompany their presentations and journal submissions.</p> <p>“Some of these are Nobel-winning scientists who are making the front page of really prestigious science journals, but when you open it up and read the articles, the images that are supposed to capture that science are completely unstandardized, which is obviously an issue for educational purposes,” she told <em>ϲ News</em> earlier this year.&nbsp;</p> <p>“The quality is pretty crappy, too.”</p> <p>BioRender, which received support by ONRamp,&nbsp;is not only improving the look of researchers’ diagrams, but is helping to create a visual language to represent protein structures and chemical pathways. That could ultimately make it easier for researchers to communicate their work to the public and to each other, speeding up the pace of innovation and discovery.</p> <h3>Just Vertical</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10492 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/UofT16617_Conner-%28embed%29jpg.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo by Chris Sorensen)</em></p> <p><strong>Conner Tidd</strong>&nbsp;(above) and <strong>Kevin Jakiela</strong> have a lofty goal: to get city dwellers growing their own fresh food, helping to save the planet in the process.</p> <p>The co-founders of Just Vertical, who both studied sustainability management at ϲ Mississauga, sell an upright hydroponic growing system that can be parked in the corner of a kitchen and used to grow everything from leafy kale to fresh strawberries.</p> <p>Their latest model, the Aeva, retails for $999 and looks like a cross between a piece of art and high-end furniture. Tidd told <em>ϲ News</em> last year that the units are meant to be used “in your home, restaurant or wherever&nbsp;you want something that looks good.”</p> <p>The Aeva can grow over 70 plants and produce nearly five kilograms of fresh, pesticide-free food per month.</p> <h3>Fian Technologies</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10493 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2019-01-23-fian-embed.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo by Erin Howe)</em></p> <p>For all the high-tech advances in medicine, sometimes it’s the simplest problems that prove hardest to solve – like getting health workers to wash their hands properly.</p> <p>That’s where the Fian Bar comes in. The device is mounted next to washroom sinks in hospitals and guides users through the various stages of handwashing using three different icons – water, soap and scrub. It also uses sensors to track which stage the user is in, illuminating the proper icon.</p> <p>“If the user washes their hands insufficiently, the entire device flashes and beeps,” co-founder <strong>Luke Kyne</strong> told <em>ϲ News</em> earlier this year.&nbsp;</p> <p>“Hand hygiene data is also uploaded to our servers, which can be viewed and analyzed in real time by hospital administrators and researchers.”</p> <p>Kyne said he and his fellow co-founders – <strong>Marawan Gamal</strong>,&nbsp;<strong>Parham Chinikar</strong>&nbsp;and&nbsp;<strong>Michael Wu</strong>&nbsp;– <a href="/news/how-wash-your-hands-u-t-startup-aims-solve-major-health-care-problem">got the idea after learning Canada has the highest rate of health-care acquired infections of any developed country</a> – and that about half of those infections can be traced to improper hand hygiene.</p> <h3>StageKeep</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10494 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/Axel_3_rooftop-%28embed%29.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo courtesy of Axel Villamil)</em></p> <p>As a hip hop dancer, ϲ Scarborough’s <strong>Axel Villamil</strong> knew first-hand how cumbersome it was for choreographers to map out their routines using conventional methods: pen, paper and sometimes the odd stool or sneaker to stand in for a performer.</p> <p>He figured there must be a better way. So he teamed up with co-founder <strong>William Mak</strong> to build an app that allowed choreographers to map out their routines, with dots representing dancers, while taking into account the size and shape of the performance space – all in time to the music.</p> <p>The app <a href="/news/dance-app-developed-u-t-takes-some-big-steps">is already being used by the Toronto Raptors </a>and choreographers representing other big-name performers have expressed interest.</p> <p>“It was a dream of mine to do something with the NBA and I was too short to do basketball, so this should suffice,” Villamil<strong> </strong>told <em>ϲ News<b>&nbsp;</b></em>last year.</p> <h3>Polumiros</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10496 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/polumiros-sample-%28embed%29.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo by Laura Pedersen)</em></p> <p>As a researcher, <strong>Soror Sharifpoor</strong> was focused on heart-related technologies – and then a surgical oncologist came calling.</p> <p>The surgeon was looking for a material to immediately reconstruct the damaged tissue of his breast cancer patients during lumpectomy procedures. And, as luck would have it, Sharifpoor and her colleague <strong>Kyle Battiston</strong> had been working with a unique polymer in the lab of ϲ Professor <strong>Paul Santerre </strong>that, with a few tweaks, fit the bill.</p> <p><a href="/news/u-t-startup-seeks-improve-cosmetic-and-mental-outcomes-women-breast-cancer">The two ended up co-founding Polumiros</a>, which is working toward getting the material approved through clinical trials.</p> <p>“The patients don’t have to go under the knife a second time,” said Sharifpoor, who completed&nbsp;her PhD at ϲ in biomaterials and biomedical engineering and is now the research program manager at the&nbsp;Ted Rogers Centre for Heart Research's translational biology and engineering program.</p> <p>“They never have to live with a defect.”&nbsp;</p> <h3>Braze Mobility</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10495 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2019-03-09-Viswanathan-%28embed%29.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo by Chris Sorensen)</em></p> <p><strong>Pooja Viswanathan</strong>’s mission to improve the lives of wheelchair users began when she was an undergraduate student.</p> <p>That was when she visited a long-term care facility and was struck by the number of “slumped over” residents who had been stripped of their mobility and independence. She blamed a&nbsp;lack of wheelchair innovation over the past half century.</p> <p>So she set to work making an array of sensors that could be attached to any motorized wheelchair – not unlike the collision-avoidance sensors that now come standard on many automobiles.</p> <p>“You end up with a smart wheelchair that can detect obstacles,” Viswanathan, who did her post-doctoral research at ϲ, <a href="/news/u-t-startups-take-home-prizes-health-challenge-event">said during a pitch competition last year</a>.&nbsp;</p> <p>Viswanathan’s startup, Braze Mobility, says its sensor arrays are especially useful for wheelchair users who suffer from vision or hearing impairment, or who have upper body mobility issues.</p> <h3>Structura Biotechnology</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10497 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2018-02-13-Structura-Ali-Saara-%28embed%292.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo by Chris Sorensen)</em></p> <p>Run by a brother-sister team, Structura Biotechnology is based on a simple premise, even if the technology underpinning is far from straightforward: It’s much easier to discover new, life-saving drugs if you can see what you’re doing.</p> <p>The ϲ startup <a href="/news/run-brother-sister-team-u-t-startup-leading-big-pharma-out-dark">uses artificial intelligence to create accurate 3D representations of the protein structures with which potential drug molecules must interact</a>.</p> <p>"Proteins make every process in your body happen, and drugs are these small molecules that have to bind to proteins,” <strong>Ali Punjani</strong>, the startup’s co-founder and CEO, told <em>ϲ News</em> earlier this year.&nbsp;</p> <p>“But if you can't see the protein, then drug discovery is like solving a puzzle with a blindfold on.”&nbsp;</p> <p>Structura’s software is designed to make sense of the noisy, cluttered images captured through Cryo-EM, a type of electron microscopy that won a Nobel Prize in chemistry two years ago.</p> <p>The startup already counts several multinational pharmaceutical companies as customers despite the fact that it hasn’t begun to actively market its software.</p> <h3>LegUp Computing</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10499 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2018-03-20-UTEST-LegUp%28web-embed%29_0.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo by Chris Sorensen)</em></p> <p>Field-programmable gate arrays, or FPGAs, are complicated pieces of hardware traditionally used to implement specialized functions like network switches, but are increasingly being deployed by cloud service providers.</p> <p>However, the challenges associated with designing hardware threaten to limit wider adoption – which is where LegUp Computing comes in.</p> <p>LegUp <a href="https://news.engineering.utoronto.ca/u-t-engineering-spinoff-legup-computing-secures-seed-funding-intel-capital/">is developing a cloud-based platform that allows software developers to easily scale and manage FPGA devices</a>. The startup was co-founded in 2015 by <strong>Andrew Canis</strong>, <strong>Jongsok Choi</strong> and <strong>Ruolong Lian</strong>, as well as Professor <strong>Jason Anderson</strong> in the Faculty of Applied Science &amp; Engineering,</p> <p>“LegUp allows software developers to leverage FPGA capabilities and eliminates the need for hardware-design skills,” Canis, LegUp’s CEO, explained to ϲ Engineering last year.</p> <p>“Traditional servers are overwhelmed by real-time requirements of applications like fraud detection, bidding for advertisements and video analytics – these requirements can easily be met by FPGAs, so we are making them more accessible.”</p> <p>LegUp closed a seed round of funding last year that was led by Intel Capital.</p> <h3>Chopin</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10500 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2018-03--13-Chopin-table%28embed%292.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo by Chris Sorensen)</em></p> <p>Awash in patient data, the health-care sector is poised to be transformed by AI technologies like machine learning – but there’s just one problem: Much of that data is walled off in silos, making it difficult to analyze effectively.</p> <p>Fortunately, <strong>Carolina Gomes</strong> and <strong>Daniel Zhang</strong> have a solution.</p> <p>Their startup, called Chopin,<strong> </strong><a href="/news/u-t-startup-helps-hospitals-capitalize-their-data-prepare-ai-future">weaves together data from different silos using&nbsp;something called a knowledge web</a>, while making it more accessible to front-end users.</p> <p>“We’re interested in hospitals that haven’t centralized their data or for which centralized data isn’t working – specifically mid-sized hospitals that don’t have a large budget,” Gomes told <em>ϲ News</em> last year.</p> <p>Chopin, which got its name for the way the tool “orchestrates” data behind the scenes, is already field testing its tool at several local health-care institutions.</p> <h3><a href="/entrepreneurs?utm_source=UofTHome&amp;utm_medium=WebsiteBanner&amp;utm_content=UTE2019">Read more about entrepreneurship at ϲ</a></h3> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Mon, 18 Mar 2019 17:10:48 +0000 Christopher.Sorensen 155587 at Nine ϲ startups that have raised big money /news/eight-big-financing-deals-involving-u-t-startups <span class="field field--name-title field--type-string field--label-hidden">Nine ϲ startups that have raised big money</span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/Wattpad-Allen-2.jpg?h=afdc3185&amp;itok=WYD5ymqJ 370w, /sites/default/files/styles/news_banner_740/public/Wattpad-Allen-2.jpg?h=afdc3185&amp;itok=TIJoznab 740w, /sites/default/files/styles/news_banner_1110/public/Wattpad-Allen-2.jpg?h=afdc3185&amp;itok=oOeqBriL 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/Wattpad-Allen-2.jpg?h=afdc3185&amp;itok=WYD5ymqJ" alt="Allen Lau of Wattpad "> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>Christopher.Sorensen</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2019-03-13T13:09:21-04:00" title="Wednesday, March 13, 2019 - 13:09" class="datetime">Wed, 03/13/2019 - 13:09</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">Allen Lau co-founded Wattpad with fellow ϲ alumnus Ivan Yuen in 2006. With nearly 70 million monthly users, the story-telling platform raised US$51 million from investors in early 2018 (photo courtesy of Wattpad)</div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/chris-sorensen" hreflang="en">Chris Sorensen</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/global-lens" hreflang="en">Global Lens</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/alumni" hreflang="en">Alumni</a></div> <div class="field__item"><a href="/news/tags/artificial-intelligence" hreflang="en">Artificial Intelligence</a></div> <div class="field__item"><a href="/news/tags/creative-destruction-lab" hreflang="en">Creative Destruction Lab</a></div> <div class="field__item"><a href="/news/tags/faculty-law" hreflang="en">Faculty of Law</a></div> <div class="field__item"><a href="/news/tags/impact-centre" hreflang="en">Impact Centre</a></div> <div class="field__item"><a href="/news/tags/innovation-entrepreneurship" hreflang="en">Innovation &amp; Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/leslie-dan-faculty-pharmacy" hreflang="en">Leslie Dan Faculty of Pharmacy</a></div> <div class="field__item"><a href="/news/tags/molly-shoichet" hreflang="en">Molly Shoichet</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/startups" hreflang="en">Startups</a></div> <div class="field__item"><a href="/news/tags/thisistheplace" hreflang="en">ThisIsThePlace</a></div> <div class="field__item"><a href="/news/tags/utest" hreflang="en">UTEST</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>From drug discovery to helping entertainment companies develop the next hit TV show, entrepreneurs associated with the ϲ are solving key issues for some of the world's biggest industries. Others are hoping to forge brand new industries of their own.&nbsp;</p> <p>No surprise then that many of their startups are attracting significant sums of money from investors. Over the past 10 years, ϲ-affiliated startups have generated $1 billion in investment&nbsp;– a figure that continues to grow.</p> <p>As ϲ prepares to <a href="http://entrepreneurs.utoronto.ca/entrepreneurshipweek/">kick off Entrepreneurship Week next week</a>, here are nine startups connected with the university that have recently raised significant sums to fund their growth.&nbsp;</p> <hr> <h3>Wattpad: US$51 million</h3> <p>The story-sharing platform created by ϲ alumni <strong>Allen Lau</strong> and <strong>Ivan Yuen</strong> is forcing the entertainment industry to rethink the way it does business.&nbsp;</p> <p>Originally conceived as an e-reader app, Wattpad now boasts some 70 million monthly users who write and read stories on the online platform – all while sharing their opinions about characters, dialogue and story arcs. Increasingly, the more popular stories and serials are being turned into hit novels, TV shows and Netflix movies.</p> <p>In early 2018, Wattpad <a href="/news/story-sharing-startup-founded-u-t-alumni-raises-us51-million-funding">raised US$51 million from investors</a> – money that it planned to use, in part, to develop machine learning algorithms that can be used to better identify content trends.&nbsp;</p> <p>More recently, Wattpad announced it was <a href="/news/wattpad-founded-u-t-alumni-launches-publishing-division-new-york-times">launching its own book publishing imprint</a>.</p> <p>“Entertainment is in a period of disruption, and how people find and experience stories is evolving,” Lau said in a statement that accompanied details about the financing.&nbsp;</p> <p>“With our global community of users, hundreds of millions of stories and data-driven approach to helping people and partners find great content, Wattpad is leading both sides of this equation.”</p> <h3>Atomwise: US$45 million</h3> <h3><img alt class="media-image attr__typeof__foaf:Image img__fid__10446 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/Abe-Heifets.jpg" typeof="foaf:Image" width="680" loading="lazy"></h3> <p><em>&nbsp;(photo by Harim Ulfig)</em></p> <p>The pharmaceutical industry has a problem – fewer research breakthroughs per research dollar spent – and Atomwise believes it has the tools to fix it.&nbsp;</p> <p>The ϲ startup, co-founded by alumnus&nbsp;<strong>Abraham Heifets</strong>, uses artificial intelligence to screen thousands of potential drug candidates in a fraction of the time needed by traditional methods.</p> <p>Now based in Silicon Valley, Atomwise revealed last March that it had <a href="/news/u-t-startup-raises-us45-million-build-ai-powered-drug-discovery-business">raised US$45 million from investors</a> and was working with several major pharmaceutical companies.&nbsp;</p> <p>It’s a long way from its early days at ϲ, where the idea for the startup was forged during an entrepreneurship program run by the Impact Centre, one of nine entrepreneurship hubs on campus.</p> <p>“The first couple of years were really, really tough,” recalled Heifets <a href="/news/co-founder-atomwise-returns-u-t-speak-about-starting-his-ai-powered-drug-discovery-business">during a recent talk at ϲ’s ONRamp co-working space for entrepreneurs</a>.</p> <p>“I have to say, without the Impact Centre, Atomwise wouldn’t exist. Our first office was a closet, but it was an office, and that was a big deal.”</p> <h3>Kepler Communications: US$16 million</h3> <h3><img alt class="media-image attr__typeof__foaf:Image img__fid__10441 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/0304_Kepler005.jpg" typeof="foaf:Image" width="680" loading="lazy"></h3> <p><em>(photo by Nick Iwanyshyn)</em></p> <p>The size of a large loaf of bread, the first micro-satellite built by Kepler Communications&nbsp;<a href="/news/liftoff-u-t-startup-s-business-takes-flight-satellite-launch-china">was launched into orbit in early 2018</a>.&nbsp;</p> <p>Founded by a group of alumni from ϲ’s Faculty of Applied Science &amp; Engineering, Kepler followed up the feat with a second satellite launch last fall – and is in the midst of preparing for a third one this spring.&nbsp;</p> <p>Ultimately, the plan is to put as many as 140 low-cost satellites in orbit over the next few years in a bid to provide connectivity to both Earth- and space-based businesses.&nbsp;</p> <p>“Kepler is on a mission to connect the people and devices that gather the world’s information,” Kepler CEO&nbsp;<strong>Mina Mitry&nbsp;</strong><a href="/news/less-satellite-more-data-u-t-startup-will-connect-world-space">told&nbsp;<em>ϲ News</em>&nbsp;back in 2017</a>.&nbsp;&nbsp;</p> <p>“We’re deploying the largest constellation of small telecommunications satellites to connect devices on the ground – like oil pipeline monitors&nbsp;– and devices in space like satellites that take pictures of the Earth.”</p> <p>To help realize its vision, Kepler raised US$16 million from investors last fall – money that will be used to double the size of its workforce.</p> <h3>BenchSci: US$8 million</h3> <h3><img alt class="media-image attr__typeof__foaf:Image img__fid__10440 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2018-05-03-BenchSci-founders.jpg" typeof="foaf:Image" width="680" loading="lazy"></h3> <p><em>(photo courtesy of BenchSci)</em></p> <p>Founded by ϲ researchers, BenchSci also aims to speed the drug discovery process – though not in a laboratory setting.&nbsp;</p> <p>Instead, the startup’s algorithms scan millions of data points in published research papers to look for promising targets.</p> <p>“Without the use of AI, basic biomedical research is not only challenging, but drug discovery takes much longer and is more expensive,” said <strong>Liran Belenzon</strong>, the co-founder and CEO of BenchSci told Betakit earlier this year.&nbsp;</p> <p>“We are applying and developing a number of advanced data science, bioinformatics, and machine learning algorithms to solve this problem and accelerate scientific discovery by ending reagent failure.”</p> <p>BenchSci said last spring&nbsp;<a href="/news/u-t-startup-draws-google-s-interest-using-ai-speed-drug-discovery">that it had raised US$8 million from a group of investors that includes Google’s Gradient Ventures</a>.&nbsp;</p> <p><strong>Tom Leung</strong>, who did his PhD in epigenetics at ϲ, got the idea for the company after struggling to find a suitable antibody for his experiments. BenchSci’s other co-founders include <strong>David Chen</strong> and <strong>Elvis Wianda</strong>.&nbsp;</p> <h3>Blue J Legal: US$7 million</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10442 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/blue-j.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo by&nbsp;Lisa Sakulensky)</em></p> <p>Blue J Legal uses AI to predict the outcome of tax and employment law cases, saving lawyers and their clients time and money.&nbsp;</p> <p>The startup was co-founded in 2015 by three members of ϲ’s Faculty of Law and an enterprise software developer. Professor <strong>Benjamin Alarie</strong>, the startup's CEO,&nbsp;got the idea after being asked to be a judge in an IBM Watson competition that was held at ϲ.</p> <p>Blue J, which has already turned several Canadian law firms onto Tax Foresight and Employment Foresight tools, <a href="/news/u-t-startup-blue-j-legal-raises-us7-million-plans-cross-border-expansion">raised US$7 million from investors</a>&nbsp;last fall, and plans to use the money to help fund its expansion into the huge U.S. legal market.&nbsp;</p> <p>“Our long-term vision is to have Foresight for every major area of legal research – insurance, bankruptcy, contracts, personal injury and so on,” Alarie recently told <em>ϲ News</em>.&nbsp;</p> <h3>CryptoNumerics: US$2.5 million</h3> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10476 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/Cryptonumeric-team-%28embed%29.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>(photo courtesy of CryptoNumerics)</em></p> <p>CryptoNumerics was forged at ϲ’s Creative Destruction Lab and uses AI to help companies in the financial and medical sectors crunch people’s data without compromising privacy.</p> <p>The startup was co-founded last year by CEO Monika Holboke, as well as ϲ alumni&nbsp;<strong>Jimmy Fan</strong>&nbsp;and&nbsp;<strong>Roberto</strong>&nbsp;<strong>Cervantes</strong>. Another co-founder is Hassan Bhatti, who helped launch CDL’s quantum machine learning program two years ago.</p> <p>CryptoNumerics' products, which includes a free downloadable tool called CN-Protect, allow&nbsp;companies to build powerful&nbsp;statistical and machine learning models without relocating the data.</p> <p>“Current approaches to de-identify data such as masking, tokenization, and aggregation can leave data unprotected or without analytical value,” said Holboke in a recent statement issued by the company.</p> <p>She added that CryptoNumerics’ tools, by contrast, used “advanced anonymization techniques” to both protect data and maintain its utility.</p> <p>The startup<a href="https://betakit.com/cryptonumerics-raises-3-3-million-cad-seed-funding-for-data-analytics-privacy-software/"> said this week it had raised US$2.5 million from investors</a>.</p> <h3>AmacaThera: CAN$3.25 million</h3> <h3><img alt class="media-image attr__typeof__foaf:Image img__fid__10443 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2017-12-12-molly-shoichet.jpg" typeof="foaf:Image" width="680" loading="lazy"></h3> <p><em>(photo by&nbsp;Roberta Baker)</em></p> <p>ϲ <a href="https://www.provost.utoronto.ca/awards-funding/university-professors/">University Professor</a> <strong>Molly Shoichet</strong>’s startup could help reduce the need for doctors to prescribe opioids after surgery – a common practice that’s played a role in fuelling the current opioid epidemic.&nbsp;</p> <p>The startup Schoichet co-founded with <strong>Mike Cooke</strong>, formerly a post-doctoral researcher in her lab, uses a gel to deliver – and hold – local anesthetic drugs near the site of surgical incisions, making them longer-lasting and more effective.&nbsp;</p> <p>That, in turn, means many patients won’t require additional medication to deal with post-surgical pain.</p> <p>“It’s actually a pretty high percentage of addicts who start taking these opioids early on for surgical reasons,” Shoichet recently told <em>ϲ News</em>.&nbsp;</p> <p>“If this could obviate the need for people to take opioids in the first place, it would have a real societal benefit.”</p> <p>Named AmacaThera, the pair’s startup <a href="/news/u-t-startup-raises-325-million-eliminate-prescription-opioids-after-surgery">raised $3.25 million earlier this year to complete a Phase 1 clinical trial</a>.&nbsp;</p> <h3>Nanovista: CAN$2.3 million</h3> <h3><img alt class="media-image attr__typeof__foaf:Image img__fid__10444 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/17-05-08-Pendant-Allen_0.jpg" typeof="foaf:Image" width="680" loading="lazy"></h3> <p><em>(photo by Chris Sorensen)</em></p> <p>Nanovista uses nanotechnology to help doctors identify and remove cancerous tumours.&nbsp;</p> <p>Nanovista’s lipid-based system encapsulates two different imaging agents for use in computed tomography scans and pre-operative planning – a key tool in an era where cancer screening programs are identifying ever smaller cancerous legions that must be surgically removed.</p> <p>“It helps identify the margins of the tumour so the surgeon will remove just the malignant tissue, but all of the malignant tissue,” <strong>Christine Allen</strong>, one of Nanovista’s co-founders and a professor in ϲ’s Leslie Dan Faculty of Pharmacy, told <em>ϲ News</em>.<br> &nbsp;<br> “It also highlights the malignant lymph nodes the cancer has spread to.”</p> <p>The startup, which was also co-founded <strong>David Jaffray</strong> and <strong>Jinzi Zheng</strong>, <a href="/news/u-t-cancer-imaging-startup-raises-funding-clinical-trials">raised $2.3 million in financing early last year</a>.&nbsp;</p> <h3>Phenomic AI: US$1.5 million</h3> <h3><img alt class="media-image attr__typeof__foaf:Image img__fid__10445 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2018-06-18-Oren%20Kraus.jpg" typeof="foaf:Image" width="680" loading="lazy"></h3> <p><em>(photo by Jovana Drinjakovic)</em></p> <p>Using deep-learning to track proteins, Phenomic AI hopes to accelerate drug development by learning what makes healthy cells healthy, and what goes wrong during disease.</p> <p>Alumnus and co-founder <strong>Oren Kraus </strong>based the two-year-old startup on software technology he developed during his PhD. The algorithm can quickly sort cells into distinct categories based on how protein molecules are distributed inside.</p> <p>“Our method can be used to distinguish between cells that are growing normally from those that are not, but also for finding out whether or not a drug is working when applied to cells in culture,” says Kraus.&nbsp;</p> <p>“The great thing is that our technique can be widely applicable to almost any type of disease.”</p> <p>Phenomic AI, which received support from ϲ’s UTEST program and the Creative Destruction Lab, <a href="https://alumni.utoronto.ca/news-and-stories/news-and-articles/u-t-grads-ai-startup-raises-us15-million-accelerate-cancer-drug">raised US$1.5 million from investors last spring</a>.&nbsp;</p> <h3><a href="/entrepreneurs?utm_source=UofTHome&amp;utm_medium=WebsiteBanner&amp;utm_content=UTE2019">Read more about entrepreneurship at ϲ</a></h3> <p>&nbsp;</p> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Wed, 13 Mar 2019 17:09:21 +0000 Christopher.Sorensen 154933 at Run by brother-sister team, this ϲ startup is leading Big Pharma out of the dark /news/run-brother-sister-team-u-t-startup-leading-big-pharma-out-dark <span class="field field--name-title field--type-string field--label-hidden">Run by brother-sister team, this ϲ startup is leading Big Pharma out of the dark</span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/2018-02-13-Structura-Ali-Saara-%28weblead%292.jpg?h=afdc3185&amp;itok=SgPkeAFW 370w, /sites/default/files/styles/news_banner_740/public/2018-02-13-Structura-Ali-Saara-%28weblead%292.jpg?h=afdc3185&amp;itok=sFzcMz76 740w, /sites/default/files/styles/news_banner_1110/public/2018-02-13-Structura-Ali-Saara-%28weblead%292.jpg?h=afdc3185&amp;itok=wWI84I2f 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/2018-02-13-Structura-Ali-Saara-%28weblead%292.jpg?h=afdc3185&amp;itok=SgPkeAFW" alt="Saara and Ali Punjani"> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>Christopher.Sorensen</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2019-03-12T00:00:00-04:00" title="Tuesday, March 12, 2019 - 00:00" class="datetime">Tue, 03/12/2019 - 00:00</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">Saara and Ali Punjani are the brother and sister team behind Structura Biotechnology, a ϲ startup that uses AI to create 3D visualizations of never-before-seen proteins for pharmaceutical companies (photo by Chris Sorensen)</div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/chris-sorensen" hreflang="en">Chris Sorensen</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/our-community" hreflang="en">Our Community</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/artificial-intelligence" hreflang="en">Artificial Intelligence</a></div> <div class="field__item"><a href="/news/tags/computer-science" hreflang="en">Computer Science</a></div> <div class="field__item"><a href="/news/tags/faculty-applied-science-engineering" hreflang="en">Faculty of Applied Science &amp; Engineering</a></div> <div class="field__item"><a href="/news/tags/global" hreflang="en">Global</a></div> <div class="field__item"><a href="/news/tags/graduate-students" hreflang="en">Graduate Students</a></div> <div class="field__item"><a href="/news/tags/innovation-entrepreneurship" hreflang="en">Innovation &amp; Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/startups" hreflang="en">Startups</a></div> <div class="field__item"><a href="/news/tags/thisistheplace" hreflang="en">ThisIsThePlace</a></div> <div class="field__item"><a href="/news/tags/u-t-scarborough" hreflang="en">ϲ Scarborough</a></div> <div class="field__item"><a href="/news/tags/utest" hreflang="en">UTEST</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>It was a little over two years ago when Saara Punjani and her brother, <strong>Ali Punjani</strong>, made their first sale to a multinational drug company from a “random meeting room” at the ϲ’s Bahen Centre.&nbsp;</p> <p>At the time, Structura Biotechnology was barely even a startup. But what the Punjanis lacked in airy office space and slick marketing materials, they more than made up for in potentially transformative technology that could help find drug treatments for ailments that range from Alzheimer’s to cancer.&nbsp;</p> <p>Their startup’s software, based on Ali’s research and designed by alumnus&nbsp;<strong>Suhail Dawood</strong>, uses artificial intelligence, or AI, to render 3D visualizations of proteins in the human body. Each one is carefully assembled from millions of images captured through a relatively new, Nobel Prize-winning technology known as cryo-electron microscopy, or cryo-EM for short.&nbsp;</p> <p>In essence, Structura is billing its tool as cryo-EM’s killer app – one that will allow pharmaceutical companies to fully realize its drug-discovery potential.</p> <p>"Proteins make every process in your body happen, and drugs are these small molecules that have to bind to proteins,” says Ali, who is currently working on a PhD in the ϲ’s department of computer science.&nbsp;</p> <p>“But if you can't see the protein, then drug discovery is like solving a puzzle with a blindfold on.”&nbsp;</p> <h3><a href="/entrepreneurs?utm_source=UofTHome&amp;utm_medium=WebsiteBanner&amp;utm_content=UTE2019">Read more about entrepreneurship at ϲ</a></h3> <p>In effect, that’s how the pharmaceutical industry has been forced to approach the problem for decades – which is among the reasons why finding and creating effective new drugs can take up to 10 years and cost billions. While X-ray crystallography, an existing technology, already allows scientists to view protein structures, its application is limited because it can only be used on the small fraction of proteins that can be crystallized.&nbsp;</p> <p>By contrast, cryo-EM can be used to visualize nearly any protein, making it potentially far more powerful.</p> <p>But there’s a hitch. In order to capture images of protein molecules, cryo-EM involves freezing millions of protein specimens in a solution (the cryo part) and then gently shooting electrons at them (so as not to destroy them, as tends to happen with traditional electron microscopy). The challenge is piecing together the resulting images into an accurate 3D model. That’s because proteins are extremely complicated structures, and the images generated through cryo-EM are noisy, two-dimensional and capture proteins in a variety of random orientations depending on how they were suspended in the solution when it was frozen.&nbsp;</p> <p>“It's like a chicken and egg thing,” explains Ali. “If you knew what the structure was, you could figure out which way you were looking at it. If you knew which way you were looking at it, you could figure out what the structure is.”</p> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10460 img__view_mode__media_large attr__format__media_large" src="/sites/default/files/ezgif.com-optimize%20%282%29.gif" style="width: 300px; height: 300px; margin: 10px; float: left;" typeof="foaf:Image">To overcome the conundrum, Structura’s tool – called cryoSPARC – relies on a combination of computer vision and machine learning to come up with a representation of the protein’s shape and structure (a ribosome is at left). This not only makes it easier for scientists to potentially identify drug molecules that might bind with it, but it also determines how strong those interactions are – and therefore how effective the resulting drug might be.&nbsp;</p> <p>Calling it the first commercially supported software solution of its kind, Saara says CryoSPARC allows scientists to accomplish in a few hours, on a single work station, what could otherwise take weeks&nbsp;with a cluster of computers – if it could be accomplished at all. Working out of a small office at ϲ's Banting building, Structura&nbsp;has already signed deals with several multinational pharmaceutical companies and has made the technology available for free to universities around the world.&nbsp;</p> <p>The hope is that cryoSPARC one day becomes a key part of the drug discovery pipeline – all while helping to advance understanding of human biological processes.</p> <p>“We want to take cryo-EM out of the realm where you have to be an expert to obtain useful information, which is the 3D structures you're interested in,” Saara says.</p> <p>Structura’s origins go all the way back to Ali’s undergrad at ϲ, where he studied aerospace engineering. In his third-year, he approached <strong>David Fleet</strong>, a professor in the department of computer science and ϲ Scarborough’s department of mathematical and computer sciences.</p> <p>“Basically he walked into my office and said he wanted to work in my lab,” Fleet recalls.&nbsp;</p> <p>Though usually reluctant to hire undergraduate students, Fleet says he was struck by Ali’s impressive resumé and sharp mind. He soon brought him aboard, kicking off a research relationship that would lead to several co-authored papers.&nbsp;</p> <p>“From the early days, it was clear that Ali wanted to work on problems that would have an impact on society.”</p> <p>Following graduation, Ali moved south of the border to do his master’s at University of California, Berkeley. But he returned to Toronto one year later “mostly because this problem was just so much more exciting than the research I was working on there.”</p> <p>Still, Silicon Valley made an impression. “There was so much talk about startups,” Ali says. “It’s like the only thing people talk about – almost painfully so. When I came back here, it was always running in the back of my mind – is that a good startup idea? Is that? How about that?”</p> <p>It wasn’t long before Ali zeroed in on cryo-EM, which he had been working on with&nbsp;<strong>Marcus Brubaker</strong>, who was then&nbsp;one of Fleet’s post-doctoral students. The two ended up founding Structura in 2016, with Fleet as an expert adviser.&nbsp;</p> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10371 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/02-13-2019-Structura-team-%28embed%29.jpg" typeof="foaf:Image" width="680" loading="lazy">&nbsp;</p> <p><em>Structura Biotechnology's team work out of ϲ's Banting building, which also houses the ONRamp co-working and collaboration space. From left to right:&nbsp;Ali Haydaroglu, Stephan Arulthasan and Suhail Dawood&nbsp;(photo by Chris Sorensen)</em></p> <p>Yet, incorporating a startup is one thing. Turning it into a real business is quite another. Swamped with his academic work, Ali says he didn’t have the capacity to turn his research into a commercial product by himself. So he called on his sister for help.</p> <p>At the time, Saara had just finished her articling year at a top Bay Street law firm, and was looking for a change. She offered to help Structura write grant applications and was soon co-leading the company.&nbsp;</p> <p>What’s it like putting in all those long hours with your sibling?&nbsp;</p> <p>"We have the same friends, we've gone to the same schools, we've always done everything together and we work well together,” says Ali. “We're very much – what's the word?”&nbsp;</p> <p>“Complementary,” Saara finishes.&nbsp;</p> <p>With Saara on board, Structura was now off and running – and its timing would prove fortuitous.&nbsp;</p> <p>In early 2017, Ali, Fleet, Brubaker and <strong>John Rubinstein</strong>, a senior scientist at the Hospital for Sick Children and professor in the departments of biochemistry and medical biophysics, co-authored a study in the journal <em>Nature Methods</em> about the algorithms behind cryo-SPARC, drawing significant interest from the academic community.&nbsp;</p> <p>Around the same time, Structura applied – and was accepted – to ϲ’s UTEST accelerator, which helped them build out the beta version of their product.</p> <p>"They were very supportive of the idea and gave us an initial seed investment, so that allowed us to hire our first couple of employees in the beginning of 2017,” says Saara.&nbsp;</p> <p>The final piece of the puzzle fell into place in October of that year. That’s when the scientists behind behind cryo-EM won the Nobel Prize in chemistry, setting the field abuzz.&nbsp;</p> <p>It wasn’t long before the pharmaceutical companies began reaching out.</p> <p>Ali and Saara recall running around the Bahen Centre with Dawood looking for empty rooms where they could demo their software, via Skype, with some of the biggest, wealthiest companies on the planet.&nbsp;</p> <p>"We were pretty homeless at that point, and we were having these conversations with giant pharma companies,” Saara recalls.&nbsp; “We we're like, 'This is all out of our league. If they knew we were just sitting here in a [borrowed] conference room, would they take us seriously?"</p> <p>They needn’t have worried. One multinational pharma company, who Saara describes as having an “innovative mindset,” wanted to license an early version product – essentially forcing Ali and Saara to come up with a business model on the fly.&nbsp;</p> <p>“It happened faster than I thought,” says Fleet when asked about how everything came together. “The timing was brilliant.”</p> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10372 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2019-02-13-Structura-sign-%28embed%29.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>Structura's growth has benefited from the sudden interest in cryo-EM technology, which won a Nobel Prize in chemistry two years ago (photo by Chris Sorensen)</em></p> <p>There are, of course, still challenges on the horizon. Ali, for one, says the pharmaceutical industry has a tendency to view scientific software as an efficiency tool as opposed to a core part of their businesses, making them reluctant to spend much money on it. That’s particularly the case with AI tools that make predictions about drug candidates, he says, since it’s ultimately the drug companies who must pay millions to test whether those predictions are accurate.&nbsp;</p> <p>"We're not doing that,” Ali stresses. “Our software is providing answers that are verifiable and real image data that you can see."</p> <p>Saara goes one step further, suggesting tools like cryoSPARC are as core to drug discovery as cryo-EM itself.&nbsp;</p> <p>"We want to convince people that, unless you use this computational reconstructive process, you don't actually have a solution,” she says. “You might have prepared samples and taken pictures, but what do you actually have at the end of the day?"</p> <p>With most of its customers finding the company through academic channels, Structura’s plan for 2019 is to&nbsp;ramp up sales and marketing efforts. The startup has so far relied on a boot-strapping model, preferring to grow organically by increasing sales as opposed to soliciting money from venture capital investors.</p> <p>Ali figures that cryo-EM will one day be at least as big as X-ray crystallography, meaning “a multibillion-dollar market,” and he’s hoping Structura will be at its centre. In his view, Structura could one day become a biotech-like firm that actually discovers drug candidates or, perhaps, a platform to carry out drug research for pharma and biotech firms.</p> <p>"We are maximally ambitious,” he says. “What we really want to see is the process of making medicine for people become as easy as it possibly can.&nbsp;</p> <p>“We want to contribute as much as we can to the discovery of medicine and the understanding of life."</p> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Tue, 12 Mar 2019 04:00:00 +0000 Christopher.Sorensen 154854 at 'We're in a good place right now': Women entrepreneurs share their experiences at ϲ event /news/we-re-good-place-right-now-women-entrepreneurs-share-their-experiences-u-t-event <span class="field field--name-title field--type-string field--label-hidden">'We're in a good place right now': Women entrepreneurs share their experiences at ϲ event </span> <div class="field field--name-field-featured-picture field--type-image field--label-hidden field__item"> <img loading="eager" srcset="/sites/default/files/styles/news_banner_370/public/2019-03-08-Female-founders-triptych-%28weblead%29.jpg?h=afdc3185&amp;itok=3G6O4UjG 370w, /sites/default/files/styles/news_banner_740/public/2019-03-08-Female-founders-triptych-%28weblead%29.jpg?h=afdc3185&amp;itok=hy1Y6Dfi 740w, /sites/default/files/styles/news_banner_1110/public/2019-03-08-Female-founders-triptych-%28weblead%29.jpg?h=afdc3185&amp;itok=ldBCcvP9 1110w" sizes="(min-width:1200px) 1110px, (max-width: 1199px) 80vw, (max-width: 767px) 90vw, (max-width: 575px) 95vw" width="740" height="494" src="/sites/default/files/styles/news_banner_370/public/2019-03-08-Female-founders-triptych-%28weblead%29.jpg?h=afdc3185&amp;itok=3G6O4UjG" alt="Photos of Pooja Viswanathan, Saara Punjani and Leila Keshavjee "> </div> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span>Christopher.Sorensen</span></span> <span class="field field--name-created field--type-created field--label-hidden"><time datetime="2019-03-08T12:41:03-05:00" title="Friday, March 8, 2019 - 12:41" class="datetime">Fri, 03/08/2019 - 12:41</time> </span> <div class="clearfix text-formatted field field--name-field-cutline-long field--type-text-long field--label-above"> <div class="field__label">Cutline</div> <div class="field__item">From left to right: Pooja Viswanathan of Braze Mobility, Saara Punjani of Structura Biotechnology and Leila Keshavjee of Happy Pops (all photos by Chris Sorensen)</div> </div> <div class="field field--name-field-author-reporters field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/authors-reporters/chris-sorensen" hreflang="en">Chris Sorensen</a></div> </div> <div class="field field--name-field-topic field--type-entity-reference field--label-above"> <div class="field__label">Topic</div> <div class="field__item"><a href="/news/topics/our-community" hreflang="en">Our Community</a></div> </div> <div class="field field--name-field-story-tags field--type-entity-reference field--label-hidden field__items"> <div class="field__item"><a href="/news/tags/artificial-intelligence" hreflang="en">Artificial Intelligence</a></div> <div class="field__item"><a href="/news/tags/department-computer-science-innovation-lab" hreflang="en">Department of Computer Science Innovation Lab</a></div> <div class="field__item"><a href="/news/tags/impact-centre" hreflang="en">Impact Centre</a></div> <div class="field__item"><a href="/news/tags/innovation-entrepreneurship" hreflang="en">Innovation &amp; Entrepreneurship</a></div> <div class="field__item"><a href="/news/tags/leslie-dan-faculty-pharmacy" hreflang="en">Leslie Dan Faculty of Pharmacy</a></div> <div class="field__item"><a href="/news/tags/onramp" hreflang="en">ONRamp</a></div> <div class="field__item"><a href="/news/tags/startups" hreflang="en">Startups</a></div> <div class="field__item"><a href="/news/tags/thisistheplace" hreflang="en">ThisIsThePlace</a></div> <div class="field__item"><a href="/news/tags/utest" hreflang="en">UTEST</a></div> </div> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Building a startup company is a daunting prospect&nbsp;– often more so if you’re a woman. But things may finally be starting to change.</p> <p>That was one&nbsp;takeway from a&nbsp;panel discussion, held on&nbsp;the eve of International Women's Day,&nbsp;featuring three female founders from the ϲ.</p> <p>While all three panellists – <strong>Leila Keshavjee</strong>, <strong>Saara Punjani </strong>and <strong>Pooja Viswanathan</strong> – acknowledged the myriad challenges women founders still face in the business world, two of the entrepreneurs said gender had relatively little to do with the roadblocks they faced while trying to launch their companies.&nbsp;</p> <p>“I’ve been lucky to not have the fact that I’m a woman get in my way,” said Punjani, who is the chief operations officer at Structura Biotechnology, which uses artificial intelligence to help pharmaceutical companies visualize proteins for drug discovery.</p> <p>She attributed her positive experience, in part, to the support of her team, which includes Structura co-founder and CEO <strong>Ali Punjani&nbsp;</strong>– her brother.</p> <p>Viswanathan, meantime, credited the fact she had a PhD when she started building “smart” wheelchair company Braze Mobility for helping to dull any gender discrimination she might have faced while dealing with&nbsp;male clients and investors.</p> <p>“We're in a good place right now – we're seeing a lot of support,” said&nbsp;Viswanathan, citing various entrepreneurship programs at ϲ and elsewhere in Ontario.</p> <p>The discussion, part of the RBC Innovation &amp; Entrepreneurship Speakers Series, drew a crowd to ϲ’s ONRamp co-working and collaboration space on College Street. It was moderated by Professor <strong>Christine Allen</strong> of the Leslie Dan Faculty of Pharmacy, who is involved in two startups herself.&nbsp;</p> <p>Referring to the new ground each panellist was breaking in their respective sector, Allen called the three entrepreneurs&nbsp;“female pioneers.”</p> <p><img alt class="media-image attr__typeof__foaf:Image img__fid__10419 img__view_mode__media_large attr__format__media_large" height="453" src="/sites/default/files/2018-03-08-female-founders-room-%28embed%29.jpg" typeof="foaf:Image" width="680" loading="lazy"></p> <p><em>Pooja Viswanathan, the co-founder and CEO of Braze Mobility (far right), answers a question from the audience at ONRamp. Professor Christine Allen (far left), who is involved with two startups, moderated the discussion&nbsp;(photo by Chris Sorensen)</em></p> <p>Unfortunately, it wasn’t all smooth sailing gender-wise for the panellists.</p> <p>Keshavjee said she definitely felt like she was treated differently while trying to get her all-natural ice pops company&nbsp;Happy Pops off the ground. She even recalled dealing with a businessman who didn’t believe Happy Pops was actually her company.</p> <p>With a bachelor's in&nbsp;kinesiology from ϲ,&nbsp;Keshavjee&nbsp;said things began to change last fall after she appeared on the season premiere of the CBC program <em>Dragon’s Den</em>, walking away with a deal with Arlene Dickinson. But while the show helped elevate her personal brand, Keshavjee said she feels for women entrepreneurs who don’t get similar opportunities.</p> <p>“Women shouldn’t have to go through that to be credible,” she said.</p> <p>The bulk of the evening, however, was spent talking about the specific challenges each panellist faced while trying to turn their ideas into a money-making enterprise.</p> <p>Viswanathan called the experience&nbsp;“terrifying” because she had no idea what to expect each morning when she woke up&nbsp;– a feeling she said continues to this day. Even so,&nbsp;Viswanathan said she is “laser-focused” on trying to solve a problem after witnessing, as an undergraduate student, residents of a long-term care facility&nbsp;slumped over their wheelchairs and unable to get around.</p> <p>Her solution? Sensors and software&nbsp;that help&nbsp;motorized wheelchair&nbsp;operators navigate their environment, giving&nbsp;them back their freedom.</p> <p>She heaped praise on the Impact Centre, one of nine on-campus entrepreneurship hubs, for helping her problem-solve a way to a viable product.</p> <p>“For me, as someone with no business background, that was a home away from home,” she said.</p> <p>Punjani, similarly, said Structura tapped into the vast expertise at ϲ – both while trying to build a product and for getting advice on how to deal with Big Pharma customers. She said the startup received support from UTEST and the Department of Computer Science Innovation Lab, or DCSIL, and is benefitting from being based at the nexus of the Toronto’s burgeoning innovation ecosystem.</p> <p>“We’ve been fortunate to work with some of the incubators and accelerators here – and through ONRamp,” she said. “That proximity really helps.”</p> <p>As for&nbsp;Keshavjee, she also credited the Impact Centre for helping her launch Happy Pops, despite the fact that it’s not a typical, research-based university startup.&nbsp;“They really helped me grow the business,” she said.</p> <p>That growth appears set to continue. After working with Dickinson's packaged-goods focused accelerator in Calgary, Keshavjee is now preparing to relaunch the brand this spring.</p> <p>“We're projecting half a million in sales this year,” Keshavjee said. “I knew the day would come when we didn't just have a seasonal business&nbsp;– where it wouldn't just be a summer treat for kids."&nbsp;</p> <p>&nbsp;</p> </div> <div class="field field--name-field-news-home-page-banner field--type-boolean field--label-above"> <div class="field__label">News home page banner</div> <div class="field__item">Off</div> </div> Fri, 08 Mar 2019 17:41:03 +0000 Christopher.Sorensen 155098 at