Skip to main content
News & Events News & Events News & Events

News & Events

Increase Text Size
Decrease Text Size
 Change Text Size 

MEDIA RELEASE

Ryerson University receives funding From Government of Canada to Expand Innovation Zones for Micro, Small and Medium-Sized Enterprises

Ryerson partners with Simon Fraser University and the University of Ontario Institute of Technology to transform world-class Canadian research into real world results

Today, Prime Minister Stephen Harper announced that Ryerson University was among the institutions chosen to advance in the selection process under the Canada Accelerator and Incubator Program (CAIP).

Ryerson is leading a partnership with Simon Fraser University and the University of Ontario Institute of Technology (UOIT) to establish the Zones of Incubation and Innovation (ZI2), a national research driven incubator project to amplify the universities’ existing facilities and to create an expansive technology, company and job-creation ecosystem.

“On behalf of our partners in this project, I’d like to thank the Federal government for their support for the Zones of Incubation and Innovation project,” said Sheldon Levy, President of Ryerson University. “Initiatives like the Canada Accelerator and Incubator Program enable universities to build Canada’s culture of innovation, contribute to Canada’s productivity, support the commercialization of faculty research and provide opportunities for our students to be the next generation of entrepreneurs.”

Through  ZI2, Ryerson, Simon Fraser University and UOIT, will build on their impressive track record to provide a core set of strategies, services, and tools that will be applied in the target sectors of Digital Technologies & Gaming in the Greater Toronto Area (GTA) and the Greater Vancouver Area (GVA), creating an innovation network between eastern and western Canada.

CAIP support at Ryerson will be allocated to expand existing digital technologies and gaming-focused research groups and incubation zones such as the Ryerson Centre for Cloud Computing, which includes a 3-D printing and advanced manufacturing lab as well as the Institute for Biomedical Engineering and Science Technology (iBEST) partnership with St. Michael’s hospital; and new gaming and simulation projects.

Ryerson University is Canada's leader in innovative, career-oriented education and a university clearly on the move. With a mission to serve societal need, and a long-standing commitment to engaging its community, Ryerson offers more than 100 undergraduate and graduate programs. Distinctly urban, culturally diverse and inclusive, the university is home to more than 38,000 students, including 2,300 master's and PhD students, nearly 2,700 faculty and staff, and more than 155,000 alumni worldwide. Research at Ryerson is on a trajectory of success and growth: externally funded research has doubled in the past four years. The G. Raymond Chang School of Continuing Education is Canada's leading provider of university-based adult education. For more information, visit www.ryerson.ca

-30-

MEDIA CONTACT:
Johanna VanderMaas
Public Affairs, Ryerson University
Office: 416-979-5000 x 4630
johanna.vandermaas@ryerson.ca

@RyersonU

If you require this in another format, please contact Ryerson University Public Affairs at 416-979-5000 x 7134.