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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$4.5 million for the next phase of the Hardware Catalyst Initiative, supporting 30 technology companies while creating and maintaining over 170 jobs in southern Ontario.
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The funding proposed would be over three years and would come from the region’s Innovation Investment Fund, which the region includes in its budget to support innovative projects on an application basis.
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“That’s why we needed a bigger office as the new home in Markham, to welcome the Ontario-based employees,” Murphy said. “We wanted to build an environment that stimulates collaboration, innovation and inspires us.”
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The most common way for people with visual impairments to navigate outside is through the use of guide canes and raised tactile indicators at intersections. Yu said these devices are more than 100 years old, and there hasn’t been much progress made with alternative solutions, while the Visiontif wearable device is a screen reader for the real world.
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Chiropractor Dr. Jim Feng, well-known in York Region for his commitment to healthcare innovation, has recently made significant strides in improving patient access to physiotherapy options. Jim is no stranger to York Region’s thriving entrepreneurial ecosystem, having long been associated with York University’s YSpace, a leading resource hub for entrepreneurs in the region.
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This groundbreaking project aligns with Canada’s Biomanufacturing and Life Sciences Strategy and will support increased innovation, as well as world-class expertise and infrastructure for clinical trials.
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There were 19 York Region-based business to make the list.
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A Centre of Pharmaceutical Excellence – The Stouffville manufacturing facility, one of North America’s largest, produces generic medicines in tablet and capsule dosage forms spanning a wide range of therapies including pain management, cardiovascular diseases, and mental health. The facility provides end-to-end manufacturing of medicines, from dispensing the raw materials to the production of the finished dosage format.
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More than half of Keswick Business Park’s 500 acres have already been snapped up by industrial, high-tech developers
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BlueBird IT Solutions is part of a consortium of companies that have received funding from the Canadian Space Agency to help build a medical capsule that could withstand extreme temperatures (and, eventually, space) and be used to treat people virtually in remote and Indigenous communities.
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“On behalf of the Board of Directors, it is our pleasure to welcome Hugh to the dynamic ventureLAB team,” said Yalda Riahi, Chair of ventureLAB’s Board of Directors. “We believe that Hugh’s unique expertise in many of the technology-centric sectors will help move us to the next chapter of helping Canadian companies succeed globally. We also believe his leadership will contribute significantly to Canada’s goal of solidifying our position in key high-value industries, including semiconductors, AI and medtech.”
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