Ottawa March 23, 2018 Bayview Yards
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1 Ottawa March 23, 2018 Bayview Yards
2 Bill Mantel Assistant Deputy Minister, Ministry of Research, Innovation and Science / Ministry of Economic Development and Growth
3 Ministry of Research, Innovation and Science / Ministry of Economic Development and Growth Ontario s Innovation Ecosystem: Transformative Technologies & Autonomous Vehicles AVIN Speaker Series: Ottawa March 23, 2018
4 Overview The emergence of advanced technologies is transforming today s global investment landscape. There is an opportunity for Ontario s businesses to adopt these technologies in order to become leaders in the global marketplace. Over time, the Province has purposefully built an innovation ecosystem to foster a collaborative business environment, support Ontario s entrepreneurs and promote global competitiveness. Ontario is embracing a global technological transformation and building the Next Generation Innovation Ecosystem, enabling companies and our regional partners. 1 Building a Transformative Technology Platform 2 Bringing it All Together Ontario s Next Generation Innovation Ecosystem
5 Ontario s Innovation Ecosystem: Fundamentals 1 Regions are the Building Blocks of an Economy 2 Focus on Building Companies 3 Government is is an an Important PARTNER Partner to AND get Local ENABLER Conditions to get Local Right, but Conditions Government Right, can t but do we it all MUST partner and collaborate locally 4 Government Role for transformative tech is to build open Innovation Platform a giant sandbox where lots of companies can play.
6 Timeline: Ontario s Innovation Ecosystem Development Next Wave: Here & Now 2016 Over $600 million in investments towards transformative technology platform Increasing the number of STEM graduates in Ontario by 25 % $30M to grow applied masters' graduates in artificial intelligence related fields to 1,000 per year. Business Growth Initiative introduced. THE ARC OF ONTARIO S INNOVATION ECOSYSTEM Ontario Network of Entrepreneurs (ONE) introduced. Youth Job Strategy released with $295 million budget commitment to support youth through Campus-Linked Accelerators and Ontario Campus Entrepreneurship Activities. Ontario Network of Excellence developed, the first provincial program and service network. $160 million budget commitment to target the innovation, commercialization, and entrepreneurship continuum Ontario Commercialization Network revamped. Engaged over 200 businesses & community leaders First investments in Research Parks and Incubators. Summer Company programs launched.190 students businesses started. Business Self-Help Desks begin to transform offices in 29 communities.
7 1 Ontario s Transformative Technology Projects 5G-NGN (Fifth Generation and Next Generation Networks) $130M to support two projects to advance the development and commercialization of 5G and next-generation technology networks. Artificial Intelligence (AI) Vector Institute $$200+ M to create an institute with a specific focus on deep learning and machine learning more broadly. Autonomous Vehicle Innovation Network (AVIN) $80M to create a connected and autonomous vehicle innovation network across Ontario. IBM-I3 $22.75M to provide SMEs with technological resources, physical space and expertise to scale their companies, as well as access to supercomputing technology and Watson. Quantum Technologies $20M committed in Budget 2017, to support the development of cutting-edge research, the training of highly qualified personnel and academics in the Quantum Valley Ideas Lab. Cybersecurity $4M pilot project with the OCE to partner start-ups with financial institutions to accelerate the growth of cybersecurity and fintech start-ups, and support the adoption of emerging cyber technologies by financial institutions. Advanced Manufacturing $35M to the Advanced Manufacturing Consortium to help develop long-term industrial innovation projects. $230M of federal Supercluster funding and $750M of private sector support to implement Advanced Manufacturing Supercluster initiative.
8 1 Diffusing Transformative Technologies in Ontario The Ontario Research and Innovation Optical Network (ORION) connects the Ontario Network of Entrepreneurs and its regional innovation centres to transformative technology initiatives. Cybersecurity 5G (Fifth Generation) Next Generation Networks RICs Autonomous Vehicle Innovation Network TTIs Advanced Manufacturing Consortium IBM Innovation Incubator Quantum Technologies Vector Institute
9 1 Transformative Technology Interconnections Transformative technologies are interconnected and cut across a number of key sectors. SMEs will have the opportunity to select tools and the firms they want to engage. The platforms / tools can also be aligned by sectors / verticals.
10 2 Ontario s Next-Generation Innovation System The Province has built an innovation ecosystem to foster a collaborative business environment, support Ontario s entrepreneurs and promote global competitiveness. Timmins Thunder Bay Sudbury Regional Layers of Innovation Future Sault St. Marie North Bay Ottawa Advanced Manufacturing AVIN Regional Technology Development Sites Transformative Technology Platform Windsor York Region Mississauga Guelph Waterloo London Durham Toronto Halton Hamilton St. Catharines Kingston
11 Ministry of Research, Innovation and Science / Ministry of Economic Development and Growth Thank you! Bill Mantel Assistant Deputy Minister Strategic Programs Development and Delivery Office bill.mantel@ontario.ca
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