don duval - the innovation and entrepreneurship ecosystem in toronto - emerging leaders network

Working with partners to catalyze, accelerate and amplify innovation

Emerging Leaders Network Don Duval, Vice President, MaRS June 9th, 2012

1.  Provide an overview of MaRS, our mandate, and

the programs we offer to meet the needs of our entrepreneurial community

2.  Discuss the city of Toronto and the attributes that make it one of the best cities in the world to drive and support innovation, entrepreneurship, and commercialization

3.  Provide an opportunity to address any questions

you may have

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MaRS is a non-profit innovation centre connecting science, technology and social entrepreneurs with business skills, networks and capital

MaRS helps entrepreneurs start and grow successful new companies, creating the jobs of tomorrow

Mission

Who we Serve

Early stage science and technology ventures and innovative social purpose businesses

Measure of Success Job and wealth creation for the economy

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Competing is one thing… Winning

is another!

At  an  average  of  only  3.3  people  per  square  km,  Canada  has  one  of  the  lowest  popula;on  densi;es  in  the  world  

How do we Compete?

Vancouver

Toronto

Montréal

Ottawa

London

Calgary

Saskatoon Québec City

Halifax

Edmonton

Hamilton

Waterloo

Winnipeg

Our hub cities are Isolated

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Memory at Work

4-10%!" "

of new companies become high-growth firms.!

Only…!

But the top…!

1%!" "

in any given year generate roughly 40% of new jobs.!

5%!" "

in any given year generate roughly 66% of new jobs.!

7 High-Growth Firms and the Future of the American Economy, Kaufmann Institute, 2011

Understanding the driver of Job Creation

As part of the Ontario Network of Excellence MaRS acts as Toronto’s Regional Innovation Centre while delivering key provincial programs such as the Investment Accelerator Fund, SiG at MaRS, ReSRC, and the Business Accelerator Program

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The importance of

Place History and

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Discovery Details in Notes Part of Slide

Phase I"Phase II"

Discovery District Financial District Creative & Arts District

Gardiner Museum of Ceramic Art Royal Ontario Museum

Women’s College

The MaRS Centre UHN Toronto General Hospital for Sick children

Entertainment District

Four Seasons Centre

University of Toronto

UHN Princess Margaret Mount Sinai

Art Gallery of Ontario

Royal Conservatory of Music

TIFF & OCAD

Financial District

Toronto Rehab Ryerson University

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Our National Competitive Advantages

Productive Research and Science Base

Talented and Skilled Workforce

Livable Communities

Multicultural Civil Society

“Healthy” Economy

Strong Education System

Strong Resource Base

Aging / Experienced Population 15

Pg 16

Source: 2thinknow Consultancy, 2011!

Pg 17

Source: Startup Genome Report, 2012!

Source: QS – World University Rankings, by Peer Review, 2011, Canadian Universities among the top 100 worldwide

Exceptional Research and Academic Institutions

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Source: Multiple; presented by David Naylor at the Toronto Board of Trade, 2012

Source: Multiple; presented by David Naylor at the Toronto Board of Trade, 2012

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Building Next Generation Startups

Improving Commercialization

Output from Academe

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Single Commercialization Storefront for Toronto’s Academic Institutions

Business Accelerator for Ontario’s Emerging

Companies

Entrepreneurs from across Ontario and

the country!St

art-u

ps!

Member Institutions!

Lice

nsin

g &

Indu

stry

C

o-de

velo

pmen

t !

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Education and Insight

Access to Capital

Business Advice

and Mentorship

Networks, Talent, Customers and Partners"

Programs for High Growth Ventures, Policy Initiatives, and Special Projects "

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Memory at Work

Information Technology, Communication and Entertainment

46%"

Materials and Advanced Manufacturing

3%"

Life Sciences and Healthcare

17%"

Cleantech

18%"

Social Purpose

16%"

Computational & Informational"Digital Multi-Media"Hardware"Healthcare IT"Online"Software"Telecommunications"Wireless"

Agriculture, Foods &Natural Products"Diagnostics &Imaging"Healthcare & Related Industries"Medical Devices"Therapeutics""

Aboriginal"Arts / Culture"Education"Environment"Healthcare"Housing"International Development"Social Services"Social Technology"

Energy"Environmental"Project Development""

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MaRS EXCITE"

MaRS Energy Institute"

Our role in Reshaping Innovation Systems

MaRS Solutions Lab"

MaRS Centre for Impact Investing"

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Discoveries  Ideas  

Growth  Companies  

   Systems  Transforma9on  

Scale

Community  Building  

Impa

ct

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Don Duval Vice President MaRS Discovery District dduval@marsdd.com Twitter: don_duval Speakerfile: don.duval