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.
Vancouver-based startup CO280 Solutions Inc. (“CO280”) is making strides in carbon capture, focusing on the removal of carbon dioxide emitted by pulp and paper mills across the U.S. The startup…
Accounting startup Bench, which abruptly shut down in December 2024 and locked out customers from their accounts, has been acquired by HR tech firm Employer.com. The acquisition will restore access to…
Nectir, an educational AI tool, is transforming academic support at over 100 colleges and high schools by enabling educators to create personalized learning assistants tailored to their courses. These…
PolicyMe, a Canadian digital insurance provider, recently announced the successful close of C$30 million in new funding, building off of its C$3.3 million Seed Round (2020) and C$18 million Series A…
In Telus Communications Inc. v. Federation of Canadian Municipalities, the Supreme Court of Canada considered the correct interpretation of the term “transmission line”, as used in sections 43 and…
In the fast-evolving field of artificial intelligence, a new frontier is emerging: video understanding. Jae Lee, co-founder of Twelve Labs, believes that AI models adept at interpreting videos as well…
