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Toronto Solar Ship could revolutionize access to critical medical supplies in remote areas

A Toronto company hopes to transform the way critical medical and hospital supplies are delivered to remote areas in the world through its unique solar-powered airship. It's been a dream of Canadian entrepreneur Jay Godsall since he was in high school and now, thanks in part to an in-progress crowd-funded IndieGoGo campaign and potential support from investors, the project is finally taking off.
 
Thirty years in the making, the aircraft is Toronto-company Solar Ship's most important innovation. It's a hybrid between a bush plane and an airship, powered by solar panels, lifted by helium, and designed to access hard-to-reach places, "where roads don't exist and planes can't land." 
 
The company has built four prototypes since 2009, but the real mission of the IndieGoGo campaign is to establish enough funding to begin delivering medical supplies to villages in Cape Town, Africa. The company is seeking $1 million through crowd-funding and investors to cover the costs of medical supplies, aircraft development, and training.
 
“Airships are older than radios, older than automobiles,” Godsall told BBC, “but no one has quite had the mission to do something like this with one.”
 
There is some backlash. The crafts are expensive and a worldwide helium shortage may cause problems, the BBC article says. In addition, these aircrafts may not be well received in communities unfamiliar with giant hovering aircrafts. “The eastern Congo is not a place you can just pull up in your hospital ship," Dr. Amy Lehman, founder of Lake Tanganyika Floating Health Clinic, an organization that uses small boats to supply medical treatment around the great lake, including eastern Congo, told BBC. 
 
Despite this, Godsall claims the company has funding should the IndieGoGo campaign prove ineffective (at press time, the campaign had raised just under $7,000). He says the company's persistence is the key to its success. “We build em’, fly em’, build em’ and fly em’, and now, we’ve nailed it.”
 
Read the full story here.
Original source: BBC

InteraXon debuts mind-control technology at CES

Toronto-based company InteraXon has been making waves this week down at the Consumer Electronics Show in Las Vegas – brainwaves, that is.
 
The company released its first consumer product the Muse Brain Health System, a brainwave-enabled headband and application system that simultaneously strengthens the cognitive and emotional parts of your brain through mental exercise. The headband measures brain activity during customized training exercises, allowing the user to gage how well their brain is performing and ultimately enhance their brain health.
 
“With over 70 percent of all doctor and hospital visits being due to stress-related illnesses we wanted to design a brain health system that helped both the cognitive and emotional,” Ariel Garten, Founder and CEO at InteraXon, says in the article. “So many brain trainers focus on the cognitive aspects of the mind, but the emotional side is just as crucial. There needs to be a balance for you to have a healthy mind. We’re very excited to showcase our technology at CES.”
 
The headset will be available for purchase later this year and will retail at $199. 
 
Read the full article here
Original source: San Francisco Gate

Stories from MESH conference's technological frontlines

With digital technology conference Mesh behind us for another year, it's time to ask: What did we learn?
 
Toronto startups shared a lot of wisdom at the two-day event. ITbusiness.ca's Christine Wong learned a few lessons at the panel called "Tales From the Trenches: Stories From Startups," moderated by Mesh organizers Mark Evans and Stuart MacDonald.

Evgeny Tchebotarev and Oleg Gustol, co-founders of Toronto-based photo sharing startup 500px, talked about how they worked for eight years "before finally getting 500px to the sustainable, competitive level it's at today. As Evans pointed out, 'There are no overnight successes.' To which Gustol quickly replied: 'No — but there should be!' a bit of wishful thinking that generated big laughs." Gustol also talked about the sacrifices it takes. "We couldn't pay our bills for months. I had no life."
 
At Techvibes.com, Andrea Wahbe reported on the risks and motivation of Aliza Pulver, founder of HomeSav.com.
 
"Unlike some entrepreneurs who start their own businesses to have more flexibility, Pulver said that what she was really looking for was freedom. 'And with that freedom are both risks and rewards. It was just a now or never situation for me,' said Pulver."
 
Read the full stories here and here
Original sources: ITBusiness.ca & Techvibes.com


What do Toronto & Shenzhen have in common?

Toronto ranked #18 on an index of most powerful cities created by Richard Florida, senior editor at The Atlantic and director of the Martin Prosperity Institute at the University of Toronto. It shares that spot with Shenzhen, a Chinese city of about 10.5 million. The list scores cities based on five other lists ranking global powerhouses.
 
"The most common way to rank cities is by their populations. It's well known than more than half the world's population now lives in cities and metro areas," writes Florida. "In another couple of decades that will increase to roughly three quarters. But population is a crude measure of economic strength, which is more a function of productivity, technology and human capital or skills."
 
"The biggest issue in gauging the economic power of cities until recently has been the lack of good, comparable and systematic data. But in the past several years, a number of research teams, think tanks and global consulting firms have come up with novel and innovative ways to gauge the relative economic strengths of global cities and metro areas."
 
Read the full story here
Original source: The Atlantic

TO makes list of top 25 startup ecosystems

The Startup Genome project collects data on startups to generate data on the world's top entrepreneurial ecosystems. A year in, Toronto ranks number four on the list, coming in behind Silicon Valley, New York City and London.
 
"In terms of the overall health of the global economy, these fertile startup ecosystems are essential, as they have the potential to become both regional and global engines of job creation. In the US, for example, companies less than five years old created 44 million jobs over the last three decades and accounted for all net new jobs created in the US over that period, according to the White House."
 
"In compiling its data, the team has begun to uncover valuable insights into the strengths and weaknesses of the world's startup ecosystems, and as the study progresses, the founders say they hope it will continue to 'yield insights for entrepreneurs deciding where to start their company, investors deciding where to allocate their capital, large companies looking for acquisition targets, and policymakers who want to make their entrepreneurship ecosystems flourish.'"
 
The rest of top 10 includes Tel Aviv, Los Angeles, Singapore, São Paulo, Bangalore and Moscow.
 
Read the full story here
 
Original Source: TechCrunch

U of T researchers develop quicker and cheaper HIV testing

A "portable lab" created by University of Toronto researchers James Dou and Stewart Aitchison could revolutionize the way HIV is diagnosed and treated around the world.

As reported by the Toronto Star, the portable cytometer can take blood tests on the spot and produces results within minutes, making it faster, cheaper and easier to use than any other HIV testing device to date. 
 
"'The current gold standard for CD4 testing is a machine roughly the size of a photocopier called the flow cytometer,' Dou says."
 
"Not only is the flow cytometer bulky, it's also an expensive piece of machinery that requires a trained technician to operate it. As a result, flow cytometers are typically restricted to large urban centres and are mainly inaccessible to HIV patients in developing nations."
 
"In Canada, those who live in remote communities must send vials of blood away to be tested, with results taking up to two weeks to process."
 
"In contrast, Dou's portable cytometer works like a diabetes test. A pinprick of blood is placed on the disposable cartridge and inserted into the handheld device, which counts the CD4 cells and produces results in 10 to 15 minutes."

read full story here
original source Toronto Star

8 TO startups nab $20 million in investments

Tech Vibes reports on the more than $20 million recently invested in eight promising Toronto startups.

The funding for the startups—which range from ad companies to medical suppliers—is the result of a successful partnership between the Government of Ontario and a handful of private investors. The Federal Economic Development Agency for Southern Ontario committed about $5 million, with the remaining $15 million coming from venture capital groups. 
 
full list of companies here
original source Tech Vibes

$35 computer with Toronto-designed software sells out worldwide in minutes

A group of Toronto software designers is receiving international attention after the $35 computer containing their software sold out within minutes of its release.

The computer—the Raspberry Pi—is a small, but powerful machine meant to equip classrooms in the developing world with affordable technology. The software for the computer was developed by Seneca’s Centre for the Development of Open Technology after the college partnered with the Raspberry Pi's Cambridge developers last August. 

"A $35 computer with Toronto-designed software stormed the tech world Wednesday, selling out in minutes, wrote the Toronto Star. Back orders hit "the tens of thousands," said Ebden Upton, executive director of the Raspberry Pi Foundation.

"'We’re absolutely blown away by the interest,' he said."
 
"Seneca College’s Chris Tyler used one of his fall semester software building courses to create and refine the software for the Raspberry Pi launched Wednesday."
 
"In fact, it was the release last Wednesday of the Raspberry Pi Fedora Remix software that potential buyers had to download that gave Tyler and Upton an inkling of the flood to come."
 
"'We had 120,000 views on the video,' said Tyler. 'The mailing list of people who wanted to be informed was over 100,000.'"

read full story here
original source Toronto Star

Toronto Startup Map pinpoints the best places to do business

The MaRs Discovery District has released the "Toronto Startup Map"—an inforgraphic that highlights the best Toronto neighbourhoods for would-be entrepreneurs. Access to transit, proximity to coffee shops and affordability were among the key characteristics evaluated in the study. 
 
Check out Toronto's Startup Map here
original source Techvibes 

Investment experts recognize Canada's many virtues

A feature on AreaDevelopment Online looks at how Canada has become the ideal country for North American investors.

Among other things, Canada is lauded for its high standard of living, its sound banking system, its motivated workforce and its "strategic investments in technology, education and healthcare."
 
"'Canada is better placed than many countries to weather the global financial turbulence and worldwide recession,' says Charles Kramer, division chief for the International Monetary Fund's Western Hemisphere Department. 'This resilience can be attributed to three factors: First, a track record of sound macroeconomic policy management left the country in prime form at the beginning of the global turmoil; second, a proactive response by government to the economic crisis; and third, a stable financial system.'"
 
"The Bank of Canada projects Canada's gross domestic product to grow by 2.9 percent in 2010, compared to a contraction of 2.5 percent last year. The Economist Intelligence Unit believes Canada's inflation rate of 2.1 percent will hold steady over the next five years, at a significantly lower figure than the 3.2 percent rate in the United States. Canada's total net debt-to-GDP ratio is also the lowest in the G7."
 
"This stability makes Canada a choice destination for companies planning to relocate or expand. According to Dun & Bradstreet's Global Risk Indicator, Canada is one of the world’s safest countries in which to invest. Because of Canada's top-ranked fiscal balance sheet and excellent long-term growth prospects, the country has been given a AAA international credit rating from Moody's Investors Services since 2002."
 
read full story here
original source AreaDevelopment Online

Project bringing local food brought right to your workplace

BlogTO writes on Toronto Office Markets, a new sustainable food initiative that brings local vendors into office lobbies. The project—launched by Toronto-based food-focused NGO, Alimentary Initiatives—is an attempt to reduce the food industry's  "triple bottom line" (environmental, social and economic costs) by bringing local venders and growers right into workspaces. After a successful pilot launch at the Centre for Social Innovation, Toronto Office Markets is scheduled to open on March 8 in the lobby of ING Direct.
 
"Artisan market in style, different vendors will sell their goods to the employees and guests of the office. Offering a range of freshly baked breads, cheeses, produce, and ready-to-eat items like samosas and raw pizza, the concept offers food for now and later."
 
"[Head of Alimentary Initiatives] Aruna Handa sees the project as "win-win-win" and it's hard not to agree with her: since AI does not charge for the service, offices get the market with no financial investment, the employees gain convenient access to local food, and the vendors have to opportunity to increase their sales and profile."
 
"Handa believes that through initiatives like the Toronto Office Markets, the local food economy can be transformed into a more sustainable model in which residents have easier access to fresh food from nearby farmers and proprietors. While that plan is rather ambitious in its goals, the drive to bring these products directly to consumers is surely a good start."
 
read full story here
original source BlogTO

Geek alert! Toronto deemed second only to Houston for North American IT jobs in 2012

Toronto is the second best city in North America to find an IT job, according to a new survey released by international IT staffing company Modis. As the Modis survey highlights, Toronto's top hiring industries—from financial services, to government to consulting firms—all require IT specialists.
 
"As the economy continues through its recovery and corporate earnings show signs of improvement, companies across North America are reinvesting in IT projects that had been put on hold during the recession. Modis, a leading provider of information technology staffing, has identified a list of the top 12 cities to find IT jobs today, with Houston taking the top spot on the list for the second year in a row."
 
"The rankings are based on internal data from Modis' branch network across the US and Canada. The list shows the cities with highest potential for IT job growth in the coming year based on the volume of job openings over the past six months, as well as general assessment of the overall economic environment in each market."
 
"Toronto came in second on the list, in part due to its position as the fourth largest IT market in North America. Home to many Fortune 500 companies, it is also the third largest financial center in North America next to New York and Chicago. Fittingly, the top industries hiring in this city are financial services, government, and systems integrators and consulting services. Project management, Java development, and SAP or CRM experience are the skills most in demand."
 
read full story here
original source Market Watch
 

'Culture of caring' pervasive in Toronto's hospitals

An Inside Toronto special looks at the "culture of caring" and innovation that permeates Toronto hospitals, healthcare centres and medical research facilities. From the Scarborough Hospital's new tasty food options, to Humber River Regional Hospital's digital transformation, Toronto's healthcare centres are on the forefront of patient care and medical innovation. 
 
"Not only does this culture of advancement and innovation attract brilliant minds in the health care field, it establishes Toronto as forward-thinking and a global leader."
 
"And the giving travels in both directions. There are fundraisers and walks throughout the year, which raise much-needed funds for one form of research or another. Citizens give back when they are proud of the work being done by those in the medical field. In particular when it is happening in their city.
 
The great strides being made in healthcare by institutions across the city are the kinds of things Torontonians should be proud of—especially when everything coming from various levels of government is all doom and gloom. In particular, hospitals are under fire for CEO salaries, the province is talking of delisting some services from OHIP (Ontario Health Insurance Plan) and the federal government wants to transfer healthcare funding to the provinces."
 
"At this time, everyone should know about the eye surgery being done at Toronto East General Hospital, which takes amniotic membrane from donated placentas to repair and reconstruct damaged eyes; the stem cell research at the McEwen Centre for Regenerative Medicine that helps find treatments for conditions like heart disease and spinal cord injury; the work into children's health at the Hospital for Sick Children; and the coronary artery clinical trials underway at North York's Sunnybrook Health Sciences Centre."
 
read full story here
original source Inside Toronto 
 


UofT's Rotman School among world's top 10 MBA schools in research, says Financial Times

The University of Toronto Magazine responds to the successful placement of the Rotman School of Business in the Financial Times annual ranking of global business programs. The University of Toronto's Rotman School of Management rose two positions from last year to place 44th globally, and 20th in North America. Even more impressively, the school also ranked 10th for the research produced by faculty and 15th for its PhD program.
 
"'There is as always lots of room for improvement, but I am pleased with our progress towards being recognized as one of the world's top tier business schools,' said dean Roger Martin."
 
"'On the research front, we are particularly pleased to have cracked the top 10 overall. I think that is undeniable evidence that we have a world-class faculty. Second, our progress has been nothing short of spectacular. Ten years ago, we ranked 58th in research. Congratulations to our faculty members for their research success and to vice-dean Peter Pauly and associate dean Joel Baum for their leadership in building our faculty.'"


read full story here
original source University of Toronto Magazine
 


New report looks at Toronto's strengths in life-science sector

The Toronto Region Research Alliance (TRRA)—a public-private partnership supported by the governments of Ontario and Canada—has released the second publication in its Regional Innovation Cluster series. This newest publication, which profiles Toronto's particular advantages in the life-sciences sector, provides invaluable information to Toronto researchers, policy-makers and entrepreneurs.

"Canada's pharmaceutical and medical device markets rank in the top ten globally, and are largely concentrated in the Toronto Region. Building on a tradition of medical innovations, the Life Sciences cluster in the Toronto Region is an integrated ecosystem of multinational and startup businesses, supporting services, reputable researchers and renowned research centres. This critical mass of industry, intellectual capital and significant R&D infrastructure forms a large Life Sciences footprint."

"The global share of Life Science publications from the Toronto Region has grown 25% over the past decade, with notable strength in the fields of oncology, neurology and medical imaging."
 
 
read full report here
original source TTRA
192 Research and Innovation Articles | Page: | Show All
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