Topic: innovation hubs

MaRS innovation hub hits pause on plan to expand to Calgary

The Toronto-based MaRS Discovery District innovation hub has hit the “pause button” on expanding to Calgary after more than a year of discussions with the University of Calgary and other players in Calgary’s innovation ecosystem. However, MaRS says it will continue working with and supporting Alberta companies during the scale-up stage from its Toronto base.

The Short Report – July 8, 2020: A new innovation hub for Toronto, National Bank doubles down on Nest Wealth, and more

The Bank of Canada is partnering with the Bank for International Settlements (BIS) to launch a BIS Innovation Hub in Toronto; National Bank of Canada’s venture-capital arm NAventures announced it will make an additional minority investment of up to $50-million in Toronto-based robo-advisor Nest Wealth; the federal government will invest $40 million over three years in the Union Training and Innovation Program; and more.

The Short Report – June 17, 2020: A big Silicon Valley innovation hub comes to Canada, Agri-Food steps up help for producers, and more

The Silicon Valley-headquartered innovation hub Plug and Play will open an office in Mississauga, its first base in the Canadian market. The expansion is being supported by chemical production company BASF. Plug and Play runs two programs per year across a variety of industries and its global locations, and has 300 corporate partners and 200 venture capitalists in its…