Organization: Ministry of Research and Innovation

Ontario’s MRI to foot bill for interest on MaRS loan

The Ontario Ministry of Research and Innovation (MRI) is on the hook to cover between $5.4 million and $7.1 million in interest payments to pay for a massive loan on the near-empty second tower of the MaRS Discovery District. MaRS turned to the government to bail out the tower, resulting in a $224-million government loan.…

Ontario and China launch research fund

The new Ontario-China Research and Innovation Fund has launched its first call for proposals for bilateral projects in the areas of neuroscience and water and water-related technologies. The fund was established following the signing of an agreement on research and innovation cooperation between the Ministry of Research and Innovation and the Chinese Ministry of Science…

New company to develop, market brain fitness products

Brain fitness products for helping extend memory and cognitive abilities later in life is the focus of a new company formed by the Baycrest Centre for Geriatric Care and MaRS. Cogniciti‘s first product (MemoryWork) is a corporate training program to teach employees, managers and team leaders how to use memory to improve personal performance in…

Ontario invests $4 million in EcoVu clean tech

The Ontario government is investing $4 million in EcoVu to help the Ottawa-based developer of water purification and analysis systems mount six technology demonstration projects around the province. The funding is the tenth investment to be made through the $30-million Innovation Demonstration Fund (IDF), managed by the Ministry of Research and Innovation. Last year, EcoVu…

Ontario matches Anthony Pawson’s Kyoto Prize

The Ontario government has taken the unusual step of matching a major scientific prize to one of the province’s leading scientists. The Ministry of Research and Innovation is matching Dr Anthony Pawson‘s $500,000 Kyoto Prize in recognition of his work in molecular biology at the Samuel Lunenfeld Research Institute into stopping the growth of diseases…

U of T spin-off receives Ontario bio-auto funding

GreenCore Composites Inc has received $755,000 from the Ontario Bio-Auto Council (OBAC) to commercialize Green Inside T Pellets, considered superior to current injection moulded and extruded natural fibre composite products used in the automotive industry. The award is the first under OBAC’s $5-million commercialization fund and the second provincial award made to GreenCore this year.…

Ontario colleges form innovation network

Ten of Ontario’s colleges have joined forces to create the Colleges Ontario Network for Industry Innovation (CONII) to accelerate technological innovation and the movement of products and services toward the market. The colleges –—Algonquin, Centennial, Conestoga, Fanshawe, George Brown, Humber, Niagra, St Clair, Seneca and Sheridan — are located along the Ottawa-Windsor technology corridor. Each…

Ontario announces early research award winners

The Ontario government has announced the second round results of its Early Research Award program, dispersing $14 million to 104 researchers from 22 provincial institutions who are in the first five years of their careers as independent researchers. The five-year $51-million program is administered by the Ministry of Research and Innovation and winners are selected…