Press Kit

The MaRS Press Kit provides backgrounders, leadership biographies and other supporting materials for MaRS Discovery District.

Roy Kao appointed Managing Director of MaRS Fintech

MaRS Discovery District announced today that Roy Kao has been appointed permanent Managing Director of MaRS Fintech.

MaRS celebrates federal leadership with new $800M+ commitment to impact investing

Wednesday, November 21, 2018 — MaRS is pleased to see the announcement of a new $755 million fund for social finance, along with a proposed $50 million investment readiness fund over two years, in the federal government’s Fall Economic Statement. This is a bold step for the field of impact investing in Canada, and is … Read More

SVX.US launches new impact investing platform with $11.5 million TechSoup offering

New platform helps a growing segment of investors make good impact investments; Capital raise will enable TechSoup to power up social impact with new initiatives to help organizations improve lives through the use of technology. SAN FRANCISCO, November 14th, 2018 – Today, Canadian-based Social Venture Connexion (SVX) officially launched its investment platform in the U.S. … Read More

Genus-SVX Impact Investment Counsel launches with goal of mobilizing millions for impact

First service of its kind in Canada to offer fully customized and managed impact investment portfolios TORONTO, Sept. 27, 2018 – Social Venture Connexion (SVX) and Genus Capital Management today announced the launch of the Genus-SVX Impact Investment Counsel. This strategic partnership is designed to address the challenges faced by foundations, high net worth individuals, … Read More

MaRS releases Tech for All: Breaking Barriers in Toronto’s Innovation Community

TORONTO, Sept. 27, 2018 — Today, MaRS Discovery District (MaRS), North America’s largest urban innovation hub, released Tech for All. This survey-based report explores diversity, inclusion and belonging (DIBs) in Toronto’s tech sector. In addition, MaRS launched the Tech for All Agreement, calling upon tech-sector employers to form an Inclusion Council, working together to foster … Read More

Toronto’s Waterfront is new destination for MaRS innovation hub

MaRS Discovery District, together with its partner University of Toronto, today announced that it is in the final stages of securing a lease with Menkes Developments Ltd. (“Menkes”) for a new 24,000-square-foot hub at Toronto’s Waterfront Innovation Centre.

Women in Cleantech Challenge selects six finalists at live pitch session

TORONTO, September 18, 2018 — Six women have been selected to compete for a $1-million grand prize in the finals of a national competition to find Canada’s most promising female cleantech entrepreneur. The six finalists in the Women in Cleantech Challenge were selected at a live pitch competition at MaRS Discovery District in Toronto on … Read More

Women in Cleantech Challenge announces 10 semifinalists

TORONTO, September 5, 2018 — MaRS and Natural Resources Canada are pleased to announce the 10 semifinalists for the Women in Cleantech Challenge. On September 18, these 10 cleantech entrepreneurs will pitch their innovations to a panel of judges and five finalists will be selected to participate in an intensive 30-month accelerator program and compete … Read More

Report: Wealthy Canadians want more impact in their investment portfolio

SVX market research unpacks impact investing interest and activity of wealthy Canadians, offering recommendations to harness market opportunity TORONTO, July 25, 2018 – Today, Social Venture Connexion (SVX) released Market Momentum: Impact Investing and High Net Worth Canadians, the first report in Canada to explore the interest and activity of high net worth Canadians in … Read More

Leading entrepreneur Annette Verschuren appointed chair of MaRS Discovery District’s board of directors

CEO of NRStor, and formerly of Home Depot and Michaels, brings her expertise to chair Canada’s largest innovation platform. TORONTO, May 31, 2018 – MaRS Discovery District is pleased to announce the appointment of Annette Verschuren as the new chair of its board of directors. Ms. Verschuren is the Chair and CEO of NRStor Inc, … Read More

MaRS & Natural Resources Canada team up to support women developing breakthrough cleantech solutions

The Women in Cleantech Challenge is the first of five prize-based challenges led by Natural Resources Canada that will invest $75 million to boost the development of clean technology. TORONTO, May 10, 2018 – MaRS and Natural Resources Canada announced today that they’re teaming up to support women cleantech entrepreneurs by launching the Women in … Read More

Future proofing our workforce: MaRS to launch Employment Pathway Platform with support from

The Employment Pathway Platform aims to support more than 10,000 people through career transitions within the first two years TORONTO, April 26, 2018 – Today, MaRS announced that it has received $1 million in funding from, the philanthropic arm of Google, to create the Employment Pathway Platform. The platform, which is expected to launch … Read More

SVX launches new platform with new issuers in Québec

Connecting investors to impact funds and ventures, new SVX 2.0 platform makes impact investing easier. Montreal, April 12, 2018 – Today, Social Venture Connexion (SVX) launched its new investment platform and announced new issuers at Espace CDPQ in Montreal. The new platform makes it easier for ventures and funds to raise capital, and for investors … Read More

MaRS partnerships in US bring unique advantages to Canada’s cleantech sector

TORONTO, April 3, 2018 – MaRS Discovery District announced today it has been accepted into three programs in the United States that will give Canadian cleantech ventures valuable access to customers, investors and partners in the world’s largest energy market. “MaRS continues to strengthen its relationships with key influencers in the US energy market, from … Read More

Survey: Toronto-region tech companies saw increase in international hiring in 2017

A recent survey from Toronto-based innovation hub MaRS Discovery District shows that Toronto-region tech companies have seen a surge in international applicants and hires in 2017 compared to 2016. MaRS conducted a survey of more than 100 high-growth tech companies based primarily in the Toronto region that have over $1-million CAD annual revenue with US … Read More

MaRS releases Talent Fuels Tech: Connecting the GTA’s tech sector with top talent

The Talent Fuels Tech report explores the challenges faced by workers and employers in Toronto’s tech ecosystem and how to boost the pool of globally competitive talent.

Canadian cleantech companies shine on prestigious 2018 Global Cleantech 100 list

Canadian cleantech companies have descended on Silicon Valley this week to showcase their technologies and meet with investors at the 16th annual Cleantech Forum San Francisco.

Get to know the revolutionary medical innovations being unleashed in Canada

SAN FRANCISCO, CA, January 5, 2018 – Next week, leading Canadian health startups will be the ones to watch during J.P. Morgan’s healthcare conference in San Francisco. More than two dozen health firms in MaRS’ network, from fields including artificial intelligence (AI), digital health and devices will be in Silicon Valley for the week of … Read More

MaRS Studio Y and Employment and Social Development Canada announce job skills development program for students

Over three years, 400 post-secondary students across Canada will gain new skills and work experience through Student Work-Integrated Learning Fellowships TORONTO, November 24, 2017 – Today, MaRS Studio Y and Employment and Social Development Canada (ESDC) announced the Student Work-Integrated Learning (WIL) Fellowship, a summer work experience and skills development program for post-secondary students across … Read More

SVX launches platform with new issuers

Issuers from across Canada are joining the online investment platform this fall, including one providing a new route to reconciliation with Canada’s native communities. TORONTO, November 8, 2017 – Today, Social Venture Connexion (SVX) launched its new ethical investment platform at the Toronto Stock Exchange and announced a community of new issuers. SVX is the … Read More

MaRS partners with Boston’s Greentown Labs to support cleantech ventures

TORONTO, November 8, 2017 – MaRS Discovery District today announced a partnership with Greentown Labs, the largest cleantech incubator in the United States. As part of the partnership, the two organizations have agreed to help their respective cleantech ventures enter each other’s markets though introductions to local investors and potential partners and customers. MaRS in … Read More

MaRS announces partnership with Grand Central Tech to help ventures grow in NYC

MaRS and Grand Central Tech (GCT) announced the launch of MaRS@GCT, an extension of MaRS Discovery District in the heart of New York City.

Groundbreaking report from #movethedial highlights underrepresentation of women in Canada’s tech and venture capital sectors

Only 5% of Canadian tech companies have a female founder or CEO. #movethedial’s benchmark report creates opportunity to drive sector change.

Yung Wu named new CEO of MaRS Discovery District

TORONTO, September 28, 2017 — Yung Wu, a pioneering entrepreneur and serial investor, will be the new CEO of MaRS Discovery District, the board of directors announced today.   Wu will start at MaRS on November 1, 2017, the culmination of a global search to find a successor to outgoing CEO Ilse Treurnicht. Wu is … Read More

Ontario Scale-Up Vouchers Program: Accelerating Ontario’s growing ventures

TORONTO, September 21, 2017 – The Ontario Scale-Up Vouchers Program (OSVP) announced today its official launch, as well as the first companies to receive support. OSVP was created to help Ontario’s technology- and innovation-based firms to grow into globally competitive companies. The program provides access to capital and a network of growth coaches with proven expertise in … Read More

Jeff Hindle joins MaRS Venture Services as Managing Director of Finance and Commerce

TORONTO, September 19, 2017 – MaRS Discovery District announced today that Jeff Hindle has joined MaRS Venture Services as the managing director of Finance and Commerce. Jeff has a background managing product development and innovation in more than 30 countries and has spent more than 20 years driving innovation in financial services, technology and telecommunications. … Read More

Procurement by Co-Design program launching a second cohort

TORONTO, August 18, 2017 – MaRS Health is seeking participants for the second cohort in its Procurement by Co-Design program. Unlike current traditional procurement practices, the program—a partnership between MaRS Discovery District and the Ontario Ministry of Government and Consumer Services—enables healthcare organizations and technology innovators to work together to develop, test and evaluate solutions … Read More

Salim Teja named President of MaRS Venture Services

TORONTO, June 28, 2017 – MaRS is pleased to announce Salim Teja’s promotion to President, Venture Services. This role recognizes Salim’s leadership of the Venture Services group and its critical contribution to MaRS’ mandate. “MaRS Venture Services continues to grow in scope and scale, and is a flagship initiative for delivering on MaRS’ ambitious innovation … Read More

Statement: Toronto embraces innovation in recommendations on short-term rentals

MaRS supports innovation in short term rental, housing and other accommodation options. A leading city like Toronto needs a range of housing options to attract and retain global talent. Cities must take a broad perspective and be proactive to build a sharing economy that benefits the public. MaRS Solutions Lab was pleased to support the … Read More