Information Communications & Technology

Accelerate AI cohort 3

Announcing the third cohort of ventureLAB’s Accelerate AI

ventureLAB is proud to announce the 3rd cohort of the Accelerate AI program. This transformative 6-month program is designed to champion the growth and scaling of AI startups, empowering them to deliver cutting-edge solutions and applications that tackle the challenges in the modern industry! 

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New expanded facility in Markham

Creation Technologies expands Markham facility

The recently held ribbon-cutting event celebrated the move to a new site in Markham, which now boasts a custom-built, state-of-the-art space spanning 118,500 square feet. The new location represents a 54% larger physical footprint for Creation Technologies in Markham.

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Lila Fertilizer

York Region-based company, VCycene, turns food-waste to fertilizer in seven days

Yin says York Region is truly one of Canada’s key innovation engines and an economic powerhouse. “We gained direct access to a diverse network of government grants, angel investor platforms, venture capital investing, workshops for prototyping and production, testing agencies and support of big multinational corporations,” Yin comments.

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Mayors and Provincial Minister Fedeli

OVIN DZ in Markham, and Vaughan now open for applications

The City of Markham and City of Vaughan, with funding from the Ontario Government through Ontario Vehicle Innovation Network (OVIN), officially launched the Demonstration Zone and are now inviting businesses to apply to demonstrate their mobility technologies. The first round of selected businesses will pilot their technologies in early 2024.

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CARITY app screens

York Region-based AI company powers car shopping

Most of the team members call York Region home. “This allowed us to centrally serve customers across GTA and beyond, enabling consumers to buy and sell cars with just a click,” Ng explains. “Carity introduced an industry-first profit-sharing car selling program, which allows consumers to share in the profits when Carity resells their vehicle, while also guaranteeing a selling price and offering upfront payments.”

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