“Innovation means getting value out of ideas by converting them into usable products and services. Entrepreneurship is the driver of that process.”
Dr. Ilse Treurnicht
CEO of MaRS Centre
in the Discovery District
An incubator, innovation hub, business laboratory: all are accurate descriptors of the MaRS Centre, a 750,000-square-foot medical and biotech entrepreneurship facility located in the core of Toronto’s downtown medical-university business corridor. About 2,300 people work at the facility,
which opened in 2005 and will double in size this year.
As a matching service between aspiring entrepreneurs and advisors, purveyor of free market research, and liaison between start-ups and venture capitalists, MaRS is helping academics and researchers commercialize their groundbreaking discoveries. It could have no better location than
Toronto. Here’s why, according to CEO Dr. Ilse Treurnicht.