Innovation Landscape – Ontario and CanadaPrepared for the Community Future Development Corporations

March 19th, 2013

Founded in 1995, NORCAT is a private, non-profit organization, that empowers our

clients, our staff, and our community partners to drive a culture of productivity,

innovation, and life-long learning in Canada and beyond.

Located in Sudbury, Ontario, the

NORCAT Centre stands at

approximately 65,000 square feet.

Our facility is home to our training

and development centre,

entrepreneurial programs and

incubator, and facilities and event

services.

About NORCAT | Our Mandate

NORCAT Regional Innovation Centre

As part of the Ontario Network of Excellence, NORCAT serves as Sudbury’s Regional

Innovation Centre partnering with community stakeholders to help start and

accelerate the growth of innovative companies

4-10% of new companies become high-growth firms.

Only …

But the top…

1% in any given year generate roughly 40% of new jobs.

5% in any given year generate roughly 66% of new jobs.

3High-Growth Firms and the Future of the American Economy, Kaufmann Institute, 2011

As Sudbury’s Regional Innovation Centre, NORCAT needs to build strong connections to

other innovation centres and corporates across Canada that can be leveraged to

expedite the resolution of our client’s challenges

Creation of Virtual Density in Canada – How we win!

The Northern Technology

Alliance includes the Sault. Ste.

Marie Innovation Centre,

NORCAT, Innovation Initiatives

Ontario North (North Bay), and

the Northwestern Ontario

Innovation Centre (Thunder

Bay)

From the perspective of the

Ontario Government, the

Northern Technology Alliance

functions as one consolidated

RIC serving the North – all

having comparable services

Northern Technology Alliance – Our Unique Assets

Canada’s Innovation Landscape – Client Needs

Innovation Centres

offer an array of core

service offerings to

meet the needs of

entrepreneurial and

innovative ventures.

Connections to

mentors, corporates,

capital, talent, and

partners collectively

serve to help our

clients overcome their

challenges

Innovation = Messy, Chaotic, Nimble, Ever-Changing!

Capital – The Achilles Heel of Start-ups?!

Dilutive Capital Non - Dilutive Capital

• Angel investors (Northern Ontario

Angels, Georgian Bay Angels, GTAN,

MaRS Angels)

• Venture Capital (MaRS CT fund,

IAF, OMERS, OETF, Extreme, among

many others in Canada)

• Crowd sourcing platforms (Canada

is evolving the model depending

on legislation)

• Angel list, kickstarter, indiegogo,

among other on-line platforms

Innovation Trends that Canada Should Care About!

• Big Data / Transformative Analytics

• Healthcare and our Aging Population

• Cross Industry Innovation

• Crowd Sourcing / Open Innovation

• Research Commercialization

• Natural Resource Competitiveness

Northern Centre for Advanced Technology1545 Maley Drive | Sudbury, ON | P3A 4R7

@norcat

www.norcat.org

www.facebook.com/NORCAT