Ontario Centres of Excellence

Other Toronto, Ontario, Canada ·Founded 1987

Overview

Ontario Centres of Excellence (OCE) is a not-for-profit organization dedicated to fostering innovation and economic development in Ontario. OCE collaborates with industry, academia, and research institutions to commercialize cutting-edge technologies and services, aiming to enhance quality of life and build a globally competitive economy. Their mission includes supporting the commercialization of academic intellectual property, facilitating industry-academic collaborations, and developing emerging technologies. OCE's focus spans various sectors, including advanced health, information and communications technology, digital media, advanced materials and manufacturing, agri-food, aerospace, transportation, energy, and the environment. OCE employs a multifaceted strategy to achieve its objectives. This involves investing in early-stage commercialization of emerging technologies, overseeing advanced technology platforms to equip Ontario companies for the global digital economy, and supporting collaborative research and development between industry and academia. By co-investing in projects, OCE leverages additional funding from external investors, including angel and venture capitalists, thereby facilitating economic growth and job creation. Their programs often require industry partners to co-invest, ensuring a shared commitment to the success of the ventures. Through its initiatives, OCE has made significant contributions to Ontario's innovation ecosystem. For instance, in the fiscal year 2020-2021, OCE generated more than double the amount of its original investment in partner co-investments, amounting to $165 million. Additionally, OCE's efforts have attracted follow-on investments in client companies, primarily from angel investors and venture capitalists, totaling $503 million in the same period. These outcomes underscore OCE's pivotal role in driving innovation, supporting entrepreneurs, and contributing to the province's economic development.

Investment Focus

  • Early-stage companies
  • Innovative technologies
  • Collaborative industry-academic projects
  • Emerging technologies
  • Ontario-based ventures

Portfolio Companies

WealthsimpleTulipBorrowellVive Crop Protection

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Frequently asked questions about Ontario Centres of Excellence

What sectors does Ontario Centres of Excellence invest in?

Ontario Centres of Excellence invests in Technology, Healthcare, Energy, Transportation, Aerospace and Life Sciences, and is based in Toronto, Ontario, Canada. Ontario Centres of Excellence is listed as a other in the ConnectSafely investor database.

What stage does Ontario Centres of Excellence invest at?

Ontario Centres of Excellence backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage.

Which regions does Ontario Centres of Excellence invest in?

Ontario Centres of Excellence invests across Canada.

Who are the partners at Ontario Centres of Excellence?

Team members listed for Ontario Centres of Excellence include Bob Civak (Senior Vice President, Business Development & Commercialization) and Tania Massa (Director, Industry-Academic Program and Program Administration).

What companies has Ontario Centres of Excellence invested in?

Ontario Centres of Excellence's portfolio includes Wealthsimple, Tulip, Borrowell and Vive Crop Protection.

How do I contact Ontario Centres of Excellence?

Ontario Centres of Excellence's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database