Toronto’s Creative Destruction Lab (CDL) has launched a new program dedicated to commercializing brain technologies. Starting in October, an inaugural cohort of 20 seed-stage ventures from around the world will join CDL Neuro.
Organization: Creative Destruction Lab (CDL)
When Budget 2021 drops on April 19, some of Canada’s quantum researchers and entrepreneurs will be holding their breath. That is because the Standing Committee on Finance published a budget recommendation in February urging the federal government to “financially support the establishment of a quantum computing research institute in the Toronto area, similar to the Vector Institute.”
ACENET at Memorial University launched a regional advanced computing system. in Atlantic Canada called Siku, a word that means “sea ice” in Inuktitut. The centre is 50% more powerful than all of ACENET’s recently retired systems together and is interoperable with the national Compute Canada platform. Supported by the Atlantic Canada Opportunities Agency (ACOA), Siku aims to generate economic benefits for…
Seed-stage companies are bolstering Canada’s position as a global leader in quantum science and technology. The question of how to maintain and grow that advantage—built through sustained investment in quantum research and development—has never been more urgent and is preoccupying academics, policymakers and innovators across the country.
CDL-Oxford will be the seventh location in the network of seed-stage accelerators first developed at the University of Toronto’s Rotman School of Management in 2012.
The Government of Canada is investing $25 million in the University of Toronto’s Creative Destruction Lab (CDL), a non-profit project to pair science-based startups with business expertise. The investment comes through the Strategic Innovation Fund, a $1.26 billion federal program to spur innovation in Canada’s industrial and technological sectors, with a focus on large projects…