MaRS is North America’s largest urban innovation hub
• Largest city in Canada • 1.5 million sq. ft. of mixed tenant space • 1300+ high-growth ventures supported • 150 tenants, including Facebook, PayPal, and JLABS (Johnson & Johnson)
• Focused on Innovation at Scale with Impact
2 Toronto is a SMART city
• 18,000 tech companies • 400,000+ tech employees • $330 billion yearly economic impact • World-leading research hospitals and University of Toronto • One of the highest concentrations of AI experts in the world • Strongest Patenting and VC Investment in Canada • Most Diversified Economy + Largest Industry Clusters • Greatest Concentration of Canadian GDP • MaRS accelerates growth-ready ventures driven by science and technology
3 What makes MaRS unique?
1. Genuinely urban
2. Focus on commercialization
3. Life cycle approach to innovation
MaRS 4 capital
knowledge
utilities
policy research 5 Urban Convergence Entrepreneurs Corporates
Strong academic institutions + Rich pool of startups and global companies + Corporate partners Researchers Startups + Investors Risk capital alongside government support + Focus on access to open, dynamic markets (at home and abroad) = Intense interactions and collaboration Talented Workers Mentors between all parties (convergence)
\ 6 What makes MaRS unique?
1. Genuinely urban
2. Focus on commercialization
3. Life cycle approach to innovation
MaRS 7 MaRS Ventures: Helping innovators change the world
Health Cleantech Fintech Enterprise
Therapeutics Energy Consumer Finance HR & Workforce Management Medical Devices Advanced Corporate Finance Education & Training Manufacturing Digital Health Ecommerce Business Intelligence Agritech Consumer Health Enterprise SaaS & Wellness Smart City
8 Addressing Needs of Scaling Companies
TALENT
VENTURES
MARKETS CAPITAL
9 MaRS Convergent innovation
Computer scientist Brendan Frey founded Deep Genomics. It uses AI to find life-saving genetic medicines.
This takes data scientists, engineers, doctors, pharmaceutical experts working together.
10 Capital: MaRS-supported ventures raised $1.3B in capital in 2017 $1,327 $4.8 Billion $867 raised since 2008 $785
$547 $451 $349 $277
$123 $80 $24
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Source: All venture numbers as reported in the 2008-2017 venture client annual surveys. For details, see marsdd.com/survey-methodology. CVCA_2017 MarketOverview 11 Revenue generated by MaRS-supported ventures
$3.1 Billion generated since 2008 (majority from exports) $1.361 Billion in revenue generated in 2017
12 What makes MaRS unique?
1. Genuinely urban
2. Focus on commercialization
3. Life cycle approach to innovation
MaRS 13 The MaRS Venture Services Model MaRS offers a tiered program that connects companies with the support they need at each stage of development. SCALE
GROW
START of ventures 25% of ventures 10% in revenue $1-5M in revenue $5M+ 65% of ventures Series B or more Series A funding $0-1M in revenue Pre-seed funding Support to help Tailored services to emerging ventures support scaling ventures Advice and education for gain market traction as they go global. early-stage companies. and attract investors.
14 Addressing The Adoption Gap
Innovation Innovation Corporate Market Community Pipeline Transformation Transformation
MaRS 15 Source: Posteritati 16 Private Insurance & Benefit Administrators Innovators
People Professional Colleges & Government Associations
Regulators Healthcare Providers
Source: Icons by Freepik, geotatah, bqlqn 17 Thank you.
Ron Dizy SVP, Partnerships MaRS Discovery District