MaRS began with a question: “Is there a better way to capture the commercial potential of Toronto’s $1 billion in annual science and technology research spending?”
The answer was a resounding “Yes!”
A charitable organization could be created to better connect the worlds of science, business and government. A public-private partnership with a mission to remove the barriers between silos. Nurture a culture of innovation. And help create global enterprises that would contribute to Canada’s economic and social development.
Visionary individuals and organizations took the lead. They raised capital, secured a strategically-located heritage building and began to develop the MaRS organization.
Phase 1 (opened September 2005)
Today, our focus has expanded to include:
Phase 2 (announced in 2007)