Re: ED12.2 Scaling innovation for impact Karen Greve Young, VP Partnerships kgreveyoung@marsdd.com MAY 2016 Visit us at marsdd.com
Toronto Canada s Global Innovation City 6 million people in GTA 4 th largest city in North America 50% of Toronto population was born outside Canada One of North America s top 3 ICT clusters and top 3 biotech clusters Visit us at marsdd.com May 2016
North America s largest urban innovation hub 1.5 million sq ft across 4 contiguous buildings, with direct subway & streetcar access 120 Tenants (70+ startups) growing to 250+ Tenants and 150+ startups Convening startup innovators with the financial, academic & business communities OurFuture Matters May 2016
HO W MA R S W O R K S MO R E T H A N A BU I L D I N G, MO R E T H A N A N I N C U B A T O R MaRS is an Innovation Hub in a leading district Innovation Centre Incubator Accelerator Innovation Hub Where? Building Space Place in Toronto (also IP address, soft landings) Who? Varied tenants Startup ventures (general) Startup ventures (selected cohort) What? No programming Venture services Venture services Capital Global examples: Cambridge Innovation Ctr. JLABS Y Combinator Canadian examples: Communitech Creative Destruction TECEdmonton Lab Startup ventures (w/ growth potential) Incubators Corporate MNEs Univ. startups Research inst. Venture services Capital Talent Systems (incl. policy) Corporate cxns Global networks The Bridge (2017) The Crick Institute (2016) Nesta (stated goal)* MaRS Innovation District Multiple buildings Startup ventures (esp. university) Incubators Corporate MNEs Universities Research inst. No centralized programming Biopolis* Mission Bay Kendall Square Toronto s Discovery District * Have announced intention to pursue a Hub model. DRAFT STRATEGY FOR BOARD DISCUSSION Visit us at marsdd.com COMMERCIALCONFIDENTIAL DO NOTDISTRIBUTE 8 May 2016
Visit us at marsdd.com May 2016
blue line BIOSCIENCE Select MaRS Centre Tenants Bringing the innovation ecosystem together Start Ups Corporates Corporations, Capital & Service Providers Ecosystem Partners (Public) Visit us at marsdd.com May 2016 19
MaRS works with ventures across Health, Cleantech, ICT (incl. FinTech) these are just a few examples 7 Visit us at marsdd.com May 2016
Capital raised by MaRS ventures $547M $451M $349M >$1.3 Billion raised in the last 3 years 2012 2013 2014 SOURCE: ALL VENTURE NUMBERS AS REPORTED IN THE 2012-2014 VENTURE CLIENT ANNUAL SURVEYS. FOR DETAILS, SEE MARSDD.COM/SURVEY- METHODOLOGY. Visit us at marsdd.com May 2016 12
Revenues generated by MaRS ventures $280M $201M $161M >$640 Million generated in the last 3 years (majority from exports) 2012 2013 2014 SOURCE: ALL VENTURE NUMBERS AS REPORTED IN THE 2012-2014 VENTURE CLIENT ANNUAL SURVEYS. FOR DETAILS, SEE MARSDD.COM/SURVEY- METHODOLOGY. Visit us at marsdd.com May 2016 13
WHERE MARS PLAYS: URBAN INNOVATION HUB IN CANADA S LARGEST CITY MaRS is anchored in Toronto and we have work to do Relative to other top innovation cities, we lag in tech exports and venture capital.* Country level Region / City level Silicon Valley San Francisco New York Boston Beijing Hong Kong Technology Exports Market Absorption Roleof Government Entrepreneurial Talent University Commercialization Venture Capital ` Innovation Brand USA High ranking Mid ranking Low ranking Singapore Berlin Rest of World London Toronto * Preliminary analysis we are continuing to refineour comparative metrics. Visit us at marsdd.com DRAFT STRATEGY FOR BOARD DISCUSSION COMMERCIALCONFIDENTIAL DO NOTDISTRIBUTE 8 May 2016 10
1. Brand Recent MaRS news coverage highlights innovation impact Visit us at marsdd.com
2. International Engagement Canada House San Francisco Visit us at marsdd.com May 2016
3. Applied Innovation Hydrostor energy storage solution Visit us at marsdd.com May 2016
4. Initiative Development: TO Health Visit us at marsdd.com April 2016
5. Policy Solutions Sharing Economy Regulation Visit us at marsdd.com May 2016
6. Partner Development Hong Kong Mayoral Mission visit with MaRS FinTech and Cyberport Visit us at marsdd.com 16 May 2016
7. Joint Communications 17 Visit us at marsdd.com May 2016
THANK YOU! INNOVATION BECAUSE THE FUTURE MATTERS Karen Greve Young, VP Partnerships kgreveyoung@marsdd.com Visit us at marsdd.com