Toronto Partners with MaRs, George Brown College and ReMap to Open Manufacturing Incubator

On June 19, 2019, Mayor John Tory announced a partnership between the City of Toronto, MaRs Discovery District (MaRs), George Brown College (George Brown) and Refined Manufacturing Acceleration Process (ReMap) to open an innovative manufacturing incubator. Located at 440 Dufferin Street, the complex will have 60,000 square feet of light-manufacturing space, of which 14,500 square feet will be dedicated to the manufacturing incubator. Light-manufacturing refers to manufacturing in industries that do not involve heavy and capital intensive products or production equipment.
The project is aimed at housing the booming population of start-up technology companies in Toronto that need manufacturing space. Deputy Mayor of Toronto Michael Thompson spoke about the need for the incubator, stating “What I hear from the manufacturing community is that there really are not a lot of options for new companies to begin manufacturing their products in Toronto. An entrepreneur will successfully build their prototypes here, but be forced to build the next 50 to 100 products overseas.”
In 2018, the City of Toronto recognized this need for a manufacturing incubator and issued a request for proposals in hopes of finding the right partners and business model to pioneer a new kind of urban manufacturing space. MaRs, George Brown and ReMap collectively submitted the bid that, after a competitive process, was selected. The incubator is set to open in July of 2020.
Author: Jay Piett
Photo Credit: https://unsplash.com/@scottwebb
Authors
Expertise
Insights
-
Technology
General Fusion Secures US$22M to Advance Quest for Commercial Fusion Power
General Fusion, a Canadian startup, secured US$22 million (C$30 million) in financing to fuel its plans to produce commercially viable fusion power.The round was a “pay-to-play” deal in which existing… -
Technology
Ranovus Commits to C$100M Investment in Ottawa Facility
On August 20th, Ranovus announced a C$100 million investment to develop and manufacture semiconductors at its Ottawa facility, expanding Ontario’s chip manufacturing capacity. In recent years, the… -
Technology
Klarna Announces IPO Aspiring for US$14 Billion Valuation
Klarna is preparing for its long-awaited initial public offering, which has been approved to list on the New York Stock Exchange under the ticker symbol “KLAR.” Widely known as a buy now, pay later… -
Technology
Waabi Accelerates Toward Driverless Trucking
Toronto-based startup Waabi is shifting gears from research and development to commercialization, as founder Raquel Urtasun aims to bring autonomous trucking to market by the end of 2025.Waabi’s… -
Technology
Garage Secures US$13.5 million to Modernize Emergency Equipment Procurement
Garage, an online marketplace for emergency vehicles and equipment used by fire and EMS departments, announced a US$13.5 million Series A funding round led by Infinity Ventures. The round also… -
Technology
Bluesky Rolls Out New Community Guidelines
Bluesky, a social network competitor of X, Threads and other open networks including Mastodon, is revisiting its community guidelines and other user policies to provide more clarity around user safety…