|By Marketwired .||
|February 18, 2014 03:07 PM EST||
TORONTO, ONTARIO -- (Marketwired) -- 02/18/14 -- Ten innovative Ontario young entrepreneurs will receive up to $95,000 each over the next two years to advance their companies under a joint initiative between Ontario Centres of Excellence (OCE) and the Canadian Youth Business Foundation (CYBF).
Announced at OCE's Discovery trade show and conference last May, the CYBF-OCE Entrepreneurship Fellowship program supports entrepreneurs aged 18-39 in developing businesses around research originating in Ontario's colleges and universities. The 10 entrepreneurs were selected after a thorough application and review process.
"This group embodies the drive, enthusiasm and innovative spirit Ontario's young entrepreneurs show every day," said OCE President and CEO, Dr. Tom Corr. "We're pleased to be partnering with the CYBF to help the people behind these companies and ideas move to the next level."
Each winner will receive up to $95,000 over two years with a $50,000 OCE grant plus mentorship making up the first-year award. Financing from CYBF and the Business Development Bank of Canada for up to $45,000 will be provided in the second year.
"We are proud to be working with OCE to provide critical financing, mentoring and business coaching to these 10 entrepreneurially-minded young Canadians," said Julia Deans, Chief Executive Officer, CYBF. "These individuals have taken the key first steps towards success, to becoming job creators and community leaders, and CYBF is honoured to be part of their success."
Supporting young entrepreneurs is a key priority for the Government of Ontario.
"The continued prosperity of our province relies on the next generation of entrepreneurs having the resources they need to succeed," said Dr. Eric Hoskins, Minister of Economic Development, Trade and Employment. "Programs like the OCE-CYBF fellowship and Ontario's Youth Jobs Strategy are providing the support our province's young people need to become job creators."
The 10 winners are:
Aaron Libfeld - Physicalytics
Physicalytics gathers a variety of visitor information on people, environment and product interactions in physical locations and transforms it into insights that can streamline operations and optimize customer experience.
Alex Kolodkin - Set Scouter
Set Scouter is the first and only full-service website that connects filmmakers looking for the perfect set with location owners who are looking to rent out their space for production. Set Scouter takes the hassle out of location scouting by facilitating the process end-to-end. Filmmakers can easily book locations for their productions with one mouse click and at a fraction of the cost.
Martin Labrecque - BreqLabs Inc.
BreqLabs is commercializing a novel and innovative sensor glove device that can track very accurately and at high speed the movements of the hand. It can help provide the best computer gaming experience, implement hands-free computer access, training tools and simulators or assist people with pain or mobility limitations.
Denis Loboda - Air Xposure
Air Xposure addresses the need for easy and cost-effective aerial cinematography with their customizable gimbal and drone arrangement that allows for quick set-up and configuration to film quality aerial shots. The device may be used in a variety of locations with programmed flight routes that can be controlled by operators from the ground. Air Xposure's technology can make aerial cinematography affordable to a larger number of filmmakers without sacrificing high visual quality.
David D'Angelo - Trivium Industries
Trivium Industries is an eco-friendly company that will be the first-Canadian-based manufacturer of compostable bottles for the health and beauty, pharmaceutical and food industries. The bottles are made from a corn-based material and biodegrade at commercial composting facilities in less than 180 days.
Brian Stewart - MetricWire Inc.
MetricWire is changing the way the world conducts research by providing a suite of tools for collecting, analyzing, visualizing and sharing data. The company's primary product offering is a web-based application that allows users to conduct longitudinal, context-aware studies via a smartphone. What SurveyMonkey did to online surveys, MetricWire is doing to smartphone-based research.
Richard Liang, University of Waterloo
Liang's project aims to commercialize an all-in-one optical fibre sensor technology for the simultaneous monitoring of gas/liquid concentration, pressure and temperature in oil and gas wells and pipelines. This innovative system will result in higher production efficiency and higher yield at lower energy cost, and allows for quick repairs and less lost production time.
Alroy Almeida - Voltera Inc.
Voltera aims to eliminate the frustration hardware developers experience in the fabrication of prototype circuit boards by developing a device that prints circuit boards in a matter of minutes. This desktop solution will shrink the hardware development cycle from weeks into days.
Elizabeth Nenniger - DraftingSPACE
DraftingSPACE is an automated floor plan layout generation tool. It has application in the fields of interior design, architecture, home staging, video game design, and cg movie sets. Upon entering the desired furniture for a space and its dimensions, the tool will automatically generate the possible layouts of furniture within the space at a quality comparable to a designer. In a matter of seconds, this automated process allows design professionals to complete work that would normally take them several hours.
Adam McKinty - Ruthenika
Ruthenika makes small molecules to help solve some of the world's big problems. Every day, people use products that have been made by catalysts; from the rubber on the soles of your shoes to the plastic bag you use to carry your groceries home to the fuel you put in your car. Ruthenika provides catalyst technologies aimed to streamline chemical synthesis in turn reducing costs and environmental impact for a variety of industrial processes.
About Ontario Centres of Excellence (OCE) Inc. (www.oce-ontario.org)
Ontario Centres of Excellence (OCE) drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario's global competitiveness. In doing this, OCE fosters the training and development of the next generation of innovators and entrepreneurs and is a key partner with Ontario's industry, universities, colleges, research hospitals, investors and government ministries. A champion of leading-edge technologies, best practices and research, OCE invests in sectors such as advanced health, information and communications technology, digital media, advanced materials and manufacturing, agri-food, aerospace, transportation, energy, and the environment including water and mining. OCE is a key partner in delivering Ontario's Innovation Agenda as a member of the province's Ontario Network of Entrepreneurs (ONE). Funded by the Government of Ontario, the ONE is made up of regional and sector-focused organizations and helps Ontario-based entrepreneurs and industry rapidly grow their company and create jobs. For more information visit www.onebusiness.ca.
About Canadian Youth Business Foundation
The Canadian Youth Business Foundation (CYBF) is a national non-profit organization dedicated to growing our nation's economy one young entrepreneur at a time. We look at character, not collateral, when providing youth aged 18-39 with pre-launch coaching, business resources, start-up financing and mentoring to help them launch and sustain successful businesses. CYBF has been recognized as a global leader in advancing youth entrepreneurship, is a founding member of the global G20 Young Entrepreneurs' Alliance (G20 YEA), the Canadian member of the Prince's Youth Business International, and the Canadian Host of Global Entrepreneurship Week (November 18-24, 2013). Visit www.cybf.ca.
Manager, Media Relations
416-861-1092 x 1022
Cloud based infrastructure deployment is becoming more and more appealing to customers, from Fortune 500 companies to SMEs due to its pay-as-you-go model. Enterprise storage vendors are able to reach out to these customers by integrating in cloud based deployments; this needs adaptability and interoperability of the products confirming to cloud standards such as OpenStack, CloudStack, or Azure. As compared to off the shelf commodity storage, enterprise storages by its reliability, high-availabil...
Oct. 21, 2016 01:00 PM EDT Reads: 913
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong challenge to global enterprises as well as IoT vendors. In his session at @ThingsExpo, Clark Smith, senior product manager for Numerex, will discuss how Numerex, as an experienced, established IoT provider, has embraced a ...
Oct. 21, 2016 01:00 PM EDT Reads: 896
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Oct. 21, 2016 12:45 PM EDT Reads: 1,321
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
Oct. 21, 2016 12:15 PM EDT Reads: 860
SYS-CON Events announced today that Cemware will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Use MATLAB functions by just visiting website mathfreeon.com. MATLAB compatible, freely usable, online platform services. As of October 2016, 80,000 users from 180 countries are enjoying our platform service.
Oct. 21, 2016 12:00 PM EDT Reads: 671
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Oct. 21, 2016 12:00 PM EDT Reads: 8,045
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Oct. 21, 2016 10:50 AM EDT Reads: 197
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
Oct. 21, 2016 10:45 AM EDT Reads: 1,636
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
Oct. 21, 2016 10:30 AM EDT Reads: 536
SYS-CON Events announced today that Transparent Cloud Computing (T-Cloud) Consortium will exhibit at the 19th International Cloud Expo®, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The Transparent Cloud Computing Consortium (T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data proces...
Oct. 21, 2016 10:30 AM EDT Reads: 1,223
Governments around the world are adopting Safe Harbor privacy provisions to protect customer data from leaving sovereign territories. Increasingly, global companies are required to create new instances of their server clusters in multiple countries to keep abreast of these new Safe Harbor laws. Is it worth it? In his session at 19th Cloud Expo, Adam Rogers, Managing Director of Anexia, Inc., will discuss how to keep your data legal and still stay in business.
Oct. 21, 2016 10:15 AM EDT Reads: 1,374
Today every business relies on software to drive the innovation necessary for a competitive edge in the Application Economy. This is why collaboration between development and operations, or DevOps, has become IT’s number one priority. Whether you are in Dev or Ops, understanding how to implement a DevOps strategy can deliver faster development cycles, improved software quality, reduced deployment times and overall better experiences for your customers.
Oct. 21, 2016 09:30 AM EDT Reads: 431
Successful transition from traditional IT to cloud computing requires three key ingredients: an IT architecture that allows companies to extend their internal best practices to the cloud, a cost point that allows economies of scale, and automated processes that manage risk exposure and maintain regulatory compliance with industry regulations (FFIEC, PCI-DSS, HIPAA, FISMA). The unique combination of VMware, the IBM Cloud, and Cloud Raxak, a 2016 Gartner Cool Vendor in IT Automation, provides a co...
Oct. 21, 2016 09:30 AM EDT Reads: 1,124
Donna Yasay, President of HomeGrid Forum, today discussed with a panel of technology peers how certification programs are at the forefront of interoperability, and the answer for vendors looking to keep up with today's growing industry for smart home innovation. "To ensure multi-vendor interoperability, accredited industry certification programs should be used for every product to provide credibility and quality assurance for retail and carrier based customers looking to add ever increasing num...
Oct. 21, 2016 09:15 AM EDT Reads: 263
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
Oct. 21, 2016 08:45 AM EDT Reads: 1,369