We have seen IP represented, celebrated, discussed and highlighted all week.
A key takeaway from this week centres on the fact that no matter the industry, a company’s stage of development, or a company’s internal size and structure, as IAC’s Board Chair Jim Balsillie has said,
We have curated some updates, stories, and news that capture the collaboration and future vision from important players in the Canadian innovation ecosystem.
The innovation ecosystem in Canada is complex and it is this complexity that requires organizations, experts, policy makers and others to come together to ensure that the structures and resources needed are in place for Canada’s entrepreneurs and business leaders.
IAC and the Ontario Centre of Innovation (OCI) are pleased to announce a new partnership that will leverage collective resources to support the growth of Ontario SMEs with IP and commercialization needs.
Jim Hinton, Co-Founder, IAC shares “SMEs are at the centre of innovation in Ontario and across Canada. It is through the partnership between IAC and OCI that we will unlock the value of Ontario’s world leading research institutions for the economic benefit of Ontario, while also amplifying educational and strategic IP support for Ontario SMEs.”
“IAC’s deep expertise in helping Canadian data-driven cleantech companies harness the value of their IP is a powerful complement to OCI’s long track-record of supporting Ontario innovators to develop IP and commercialize it into next-generation products and services,” shares Dr. Claudia Krywiak, President and CEO, OCI. “By working together, we can accelerate the commercialization of made-in-Ontario IP and sharpen Ontario’s competitive edge, now and into the future.”
“This strategic partnership will help our province’s ambitious businesses and organizations grow and protect made-in-Ontario innovations, ideas and products,” said Vic Fedeli, Ontario Minister of Economic Development, Job Creation and Trade. “Ensuring intellectual property resources and expertise are available to Ontario’s innovators will help them commercialize new technologies, create jobs and assist in our economic recovery from COVID-19.”
It’s that time again. Grant Program application time. Q2 round of the Grant Program will start to accept submissions on May 3rd.
Eligibility: Must be a current IAC member
Members head into the Dashboard to read up on the program process and evaluation.
If you are not yet a member but would like to better understand the benefits of an IAC membership, and to learn more about the funding opportunities, please connect with our Business Development team.
- ICYMI: Access Key Takeaways from the IAC and NRCan panel discussion: Impact of Federally Created Software and Data Assets in an Intangibles Economy.
- Check out this blog post How to raise intellectual property-backed financing…in a dozen words by Lally Rementilla, Managing Partner, Intellectual Property-Backed Financing and IAC Board Member, where she breakdowns financing into four steps:
- Step 1. Know your audience
- Step 2. Tell your story
- Step 3. Prove your story
- Step 4. Make it happen
- Head over to the Canadian Intellectual Property Office’s World IP Day resource page, where you will find tools and webinars that highlight IP & SMEs.
- Explore Statistics Canada’s Intellectual Property Awareness and Use: Interactive Dashboard that provides insight into how Canadian businesses are using IP for economic purposes.