MaRS participation confirmed

October 4, 2011 at 6:01 pm | Posted in Uncategorized | Leave a comment
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OCTIE welcomes the participation of MaRS.

MaRS is where science, technology and social entrepreneurs get the help they need. Where all kinds of people meet to spark new ideas. And where a global reputation for innovation is being earned, one success story at a time.

Their core business is helping entrepreneurs start and grow new companies.  And since they opened their doors in late 2005, MaRS has worked with over 1,200 companies.  In 2010 alone:

  • MaRS advisors (70% of whom are volunteers) provided more than 9,000 hours of mentorship to entrepreneurs;
  • MaRS provided more than $13 million value in free market intelligence to Ontario innovators and start-ups;
  • >8,000 people attended MaRS entrepreneurship education events such as Entrepreneurship 101 and more than double that number tapped into these resources online;  and
  • MaRS client companies raised over $108 million in third party capital, generated over $70 million in revenue and created more than 600 new Ontario jobs.

Their mission. Their vision.

MaRS drives social and economic prosperity by leading Canada’s innovation mission.

MaRS envisions Canadian communities that are prospering through enhanced employment prospects, the creation and retention of local wealth and an enriched cultural and social environment. To realize this vision, they foster and promote Canadian innovation.

MaRS helps create successful global businesses from Canada’s science, technology and social innovation.

MaRS provides resources — people, programs, physical facilities, funding and networks — to ensure that critical innovation happens. They stimulate, identify and harness great ideas, nurture their development and guide the transformation of those ideas into reality. They measure their success through the companies that emerge after receiving help from MaRS.

They match qualified entrepreneurs with MaRS advisors.

You’ll get the right advisor for your venture, stage of business development and location. Their advisors have been successful entrepreneurs—starting and leading global companies, exploring new markets, developing new products and services and raising capital.

Early-stage capital can be critical to a venture’s success.

Their advisors work with MaRS clients to help determine their capital requirements. Prepare their presentation. And get them in front of the right potential investors.

MaRS has developed relationships with public and private investors.

Project funding
Provincial support to high-potential companies with strategically important projects such as intellectual property strategies, validation or primary market research.  Up to $20,000.

Investment Accelerator Fund
Finances eligible high-potential companies in early stage of technology development and commercialization.
Up to $500,000.
For more about the Investment Accelerator Fund (IAF) click here.

Connections to capital
MaRS has developed relationships with angels, venture capital firms and private equity organizations in Canada and around the world.

As a MaRS client, you’ll also get access to services such as market intelligence. Practical learning programs. And connections to strategic partners.

All at no cost to you. A combination of private and public funding allows MaRS—a charitable organization—to offer these services.

The leadership team includes:
Ilse Treurnicht, CEO
the entire team of advisors.

The Board of Directors include:
John R. Evans, Chair Emeritus – President Emeritus, University of Toronto
Gordon M. Nixon, Chair – President and CEO of RBC, Toronto
Hon. John P. Manley, Vice Chair – President and CEO, Canadian Council of Chief Executives, Ottawa
Lawrence S. Bloomberg – Director of National Bank of Canada, Toronto
Richard W. Ivey – Chairman, Ivest Properties Limited
Geoffrey Matus – President of Mandukwe Inc., Toronto
Michael H. McCain – President and CEO of Maple Leaf Foods Inc., Toronto
Sheila O’Brien – President of Belvedere1 Investments, Calgary
Jack Rabinovitch – Founder of The Giller Prize, President of Nodel Investments Ltd., Toronto
Joseph L. Rotman – Chairman and CEO of Roy-L Capital Corporation, Toronto
Calvin R. Stiller – Chair of Genome Canada, Chair and CEO of Stilco Corp., London, Ontario
Ilse Treurnicht- CEO of MaRS Discovery District, Toronto
William White- Partner: CBW Associates, Toronto


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