Social innovation has always been integral to the MaRS mission.
Originally treated as a separate practice (SiG@MaRS) — along with life sciences and healthcare; information technology, communications and entertainment (ICE); and cleantech — social innovation has since been recognized as an overarching area of focus at MaRS, given the growing number of MaRS ventures across all practice areas that identify a social purpose.
If you are seeking advisory services within one of our practice areas (including education ventures, which lie within the MaRS ICE practice) and feel that an additional consultation with a member of our social innovation team would help advance your social mission, we encourage you to discuss this with your intake advisor.
Social innovation programs at MaRS
Social innovation programs at MaRS consist of several components:
Social ventures: Connect with capital
MaRS can also connect ventures that have a demonstrable social and/or environmental impact to possible financing through SVX, a platform that connects registered impact ventures with accredited investors. Note that in order to qualify, ventures must satisfy a full list of requirements. For example, they must have been incorporated in Ontario for at least two years and have annual revenues greater than $50,000 but less that $25 million. For full details and a complete list of requirements, please see www.svx.ca.