Building Canada’s next generation of growth companies
MaRS – A Unique Innovation Centre Leveraging the Community to Expedite Job and Wealth Creation AURP International Conference, New Orleans December 1st, 2011
There are three objectives that I hope to achieve in today’s presentation:
1. Provide an overview of MaRS, our mandate, and the programs and services we offer
2. Discuss the role of place and how our community engagement strategy has enabled us to expedite our mandate
3. Provide an opportunity to address any questions
you may have
2
MaRS is a non-profit innovation centre connecting science, technology and social entrepreneurs with business skills, networks and capital
MaRS helps to create successful global businesses from Canada’s science and technology
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
3
Competing is one thing… Winning
is another!
At an average of only 3.3 people per sq km, Canada has one of the lowest population densities 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
6
33 300 1.1 1.3 Million People Million Billion Billion
VS.
but few people… Big Country
7
The importance of
Place History and
9
Discovery Details in Notes Part of Slide
pg 12
“…incubator, conference centre, education institute, entrepreneurs !
clubhouse, research centre, entrepreneurial services and programs - all under one roof…” !
Individual Entrepreneurs
Inventors
Angels
VCs
Banks
Philanthropists
Proof of Principle Grants
Pre-Seed Funds
Small/Medium Sized Business
Large Corporations
Incubator Companies
Research Hospitals
Universities
Individual Scientists
Sector-based Organizations
Regional Innovation Organizations
Government
Service Providers
Industry Associations
Angels
VCs
Banks
Philanthropists
Proof of Principle Grants
Pre-Seed Funds
Small/Medium Sized Business
Large Corporations
Incubator Companies
Research Hospitals
Universities
Individual Scientists
Sector-based Organizations
Regional Innovation Organizations
Government
Service Providers
Industry Associations
Individual Entrepreneurs
Inventors Generating Purposeful Collisions “ “
13
Phase I"Phase II"
Building Next Generation Startups
Improving Commercialization
Output from Academe
15
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 "
16
MaRS Advisory Services
Full - Time Part - Time Volunteers Internship Corporate
A single, integrated pool of advisors offering free consultative services to an
array of emerging ventures
Our unique and evolving advisory model
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1. Give something back – educating, advising, mentoring, and parenting young companies is inspirational
2. Connect and network with other like-minded people…helps drives the culture of entrepreneurship
3. Be inspired by innovation and attempt to answer “what’s next?”
18
Community volunteers Service providers
Capital connections Corporate and business Academic and government
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Peer to Peer interactions are designed to share insight and inspire
20
Culture of
Entrepreneurship
Impact!
Business Services!
Ecosystem Development!
IP Development |"
MaRS Advisory |"
Market Intelligence |"
Entrepreneurship Education"
Capital & Investment"
Strategic Partnerships | Stakeholder Support"
Community Programs |" Awards & Recognition"
Talent & Knowledge Management "
Real Estate Services !
MaRS Centre Development "
IT/AV Services"
Office & Laboratory Facilities | MaRS Incubator "
MaRS Collaboration Centre l "
Public Policy "
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Don Duval Vice President MaRS Discovery District [email protected] Twitter: don_duval