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jerryking : cdl   3

University of Toronto announces largest donation in school’s history for construction of new centre, institute
MARCH 25, 2019 | The Globe and Mail | by JOE FRIESEN.
Billionaire investor Gerald Schwartz and Indigo chief executive Heather Reisman announced Monday that they will donate $100-million to the University of Toronto for the construction of a new centre for innovation and entrepreneurship as well as an institute that will study the impact of emerging technologies on society......We read an article together about this bold ambition the university had to create a new complex that would be devoted to the whole subject of technology and innovation,” Ms. Reisman said. “The things that they talked about housing there were things we were interested in – the Vector Institute [for Artificial Intelligence], the Creative Destruction Lab, the entrepreneurs. We looked at each other and said ‘We’d like to support that.’"

Mr. Gertler said the gift is affirmation of the role the university plays in innovation in fields such as machine learning, gene editing and regenerative medicine.

“There are very few gifts across the country that have been this big,” Mr. Gertler said. “It draws on U of T’s world class strength, both in machine learning and the ethics and philosophy of technological change and its impact on society.”
CDL  Colleges_&_Universities  entrepreneurship  Gerald_Schwartz  Heather_Reisman  innovation  Joe_Friesen  Meric_Gertler  moguls  philanthropy  uToronto  Vector_Institute 
march 2019 by jerryking
Canada a new technology hotbed? If so, we need to commit to it - The Globe and Mail
KHANJAN DESAI
Contributed to The Globe and Mail
Published Friday, Aug. 14, 2015

the end goal should be about making Canada the centre of gravity for another ecosystem.

In the words of Wayne Gretzky, we need to skate to where the puck is going to be, not where it has been.

The hardware opportunity has already become mainstream, and other ecosystems have already pounced on it, but Canada isn’t far behind. We are creating companies to solve complex problems in the health-medical and wearable-technology spaces, and applying complex nanotechnologies to revolutionize conventional markets.

Nanotechnology engineering graduates from the University of Waterloo are now starting companies at the same pace as any other program at the university, and a venture fund for innovations exclusively in the quantum domain was just created in Waterloo. Wearable-technology and machine-learning startups are booming, with the University of Toronto alumni leading the charge, and we’re just getting started. The Creative Destruction Lab is launching a separate stream to support machine-learning startups and Velocity recently launched the Velocity Foundry program to house startups that build physical products.

If Canada is going to become the hotbed for wearable technology or create a Quantum Valley in the Waterloo region, we need to commit to it. It’s much better to be extremely good at one thing than be mediocre at many things.
Neverfrost  start_ups  uWaterloo  uToronto  Silicon_Valley  CDL  Canada  Y_Combinator  ecosystems  wearables  nanotechnology  machine_learning  Velocity  Pablo_Picasso  widgets  Kitchener-Waterloo  quantum_computing  complex_problems 
august 2015 by jerryking

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