Angel One Group Closes 30th Investment

Angel Group closes 30th Investment
Over $9.2 million goes to early stage Ontario Companies

May 27, 2013, Oakville, ON: More than $9.2 million has been invested by Angel One Investor Network members into early stage innovative companies from throughout Southern Ontario since incorporating in September 2011.  Angel One has attracted significant membership of accredited investors who are active and engaged.  This has resulted in a tremendous level of investment and job creation.

“We are astonished with our results,” states Karen Grant, founder and executive director of Angel One.  “We’ve closed 10 deals in 2013.”

Leveraged funding is another metric that Angel One tracks.  So far, Angel One has tracked $14,746,500 additional dollars that have gone into its investee companies from other angel groups, the Federal Economic Development Corporation for Southern Ontario Investing in Business Innovation and the National Research Council – Industrial Research Assistance Program.  This additional funding makes the total investment from all sources almost $24 million.

Angel One is a not-for-profit organization of accredited investors who live, work or have strong interests in Mississauga, Oakville, Burlington, Hamilton and other communities in Southern Ontario. Its sole purpose is to find quality companies for its members to consider and invest in. They do so individually. Angel One provides members with opportunities to increase their exposure to quality pre-screened companies seeking capital and gives the Angel investors the opportunity to expand their network of like-minded investors.

On June 27, 2013 at the Harbour Banquet and Conference Centre, 2340 Ontario Street, Oakville, ON, Angel One will be holding its first Founders and Funders Celebration from 6:00pm to 10:pm with a formal presentation at 7:00pm.  Included will be an Investee Showcase, profiling many of the companies that have received investment from Angel One.  Accredited investors and media interested in learning more about angel investing are welcome to attend.
For additional information please contact Karen Grant at 905-308-4969 or karen.grant@angelonenetwork[dot]ca

 

NSERC Awards for 80 McMaster Researchers

McMaster Daily News

Eighty McMaster researchers have received more than $12.5M in total for individual awards ranging from grants for much needed equipment, to an infusion of funding for ongoing, 5-year research programs.

The awards from the Natural Sciences and Engineering Council of Canada will impact almost every corner of campus, from the DeGroote School of Business to pathology and molecular medicine labs in the Faculty of Health Sciences, and to every department in the Faculties of Engineering and Science.

NSERC has also recognized a McMaster scientist and an engineer as “researchers whose proposals explore high-risk, novel or potentially transformative concepts and lines of inquiry, and are likely to contribute to groundbreaking advances”, awarding both Turlough Finan and Carlos Filipe an NSERC Discovery Accelerator Supplement (DAS) of $120,000 over three years.

The DAS is awarded yearly to only a small group of researchers to maximize the impact of their “superior research programs”.

Filipe, an associate professor in the department of chemical engineering, will use his award to accelerate the progress of his research using paper based products to test for water safety. His program of research will explore how to pre-treat a simple strip of paper to increase its specificity to a particular target. Filipe gives the example of developing a paper strip that will only test for lead, with the results of that test also providing a solution on how to then clean the lead levels in the water.

This is the second Discovery Accelerator Supplement for biology professor Turlough Finan – a tribute that happens rarely with this particular NSERC program.

“This award provides me with the flexibility to do a number of higher risk things and push the limits of my research,” said Finan, whose study of the nitrogen fixing soil bacterium Sinorhizobium meliloti could lead to increased crop and plant yields, and provide the environmental bonus of decreasing nitrogen fertilizer use.

“Success in the NSERC Discovery program is critical to McMaster’s research endeavour. We often notice announcements of the single large grant, but overall success in the NSERC Discovery program is extremely important to us as an institution, because it supports the research of so many faculty members across the university,” said Fiona McNeill, associate vice-president, research. “This year, faculty members in business, engineering, health sciences and science were successful, which means that 80 faculty members will be able to conduct high-quality research programs for the next five years, and many new undergraduate, master’s and PhD students will have the opportunity to be involved in research.”

The Honourable Gary Goodyear, Minister of State (Science and Technology) made the Canada-wide announcement May 21 at a news conference in Ottawa.

“Discovery Grants is the Natural Sciences and Engineering Research Council of Canada’s flagship program and one of Canada’s largest sources of funding for basic research,” said Minister Goodyear. “It provides researchers with the means and freedom to pursue their most promising ideas. Our government is proud to support 10,000 researchers who are creating the advances that will drive tomorrow’s innovations.”

For the NSERC news release, click here.

New network to take broad look at healthcare

From: McMaster Daily News

A network of researchers at McMaster has been established to create a deeper and more critical understanding of health and the health care environment.

The Critical Health Research Network will be headed by Department of Health, Aging and Society professors Gavin Andrews and James Gillett and include researchers from ten areas of the University, ranging from geography and family medicine to English and anthropology.

“It’s not just about medicine, it’s about health more broadly,” says Andrews, who adds that having such a diverse network of experts means research areas could include chronic illness, emotions and health or animals and health, to name a few. “It’s an opportunity to show the qualitative health research we are doing at the University.”

The CHRN will be housed in McMaster’s Department of Health, Aging and Society and be made up of members on a network and associate level.

“We have to re-capture some of the public spirit and work with communities,” says Andrews, noting the CHRN will also question dominant models of thinking and help give a voice to subjects and issues that are neglected or marginalized in mainstream health care practice or research.

The CHRN will host a speaker series and conferences to help promote the research being done by CHRN members and build on partnerships with similar networks, centres or institutions at other universities.

The network’s members will also look to create a graduate course, which would be delivered on campus and be open to health care professionals.

See full story.

Hammer Forge: A Symbol of the Region’s Industrial History

The Hammer Forge, a symbol of the region’s industrial History was revealed today in the courtyard between CANMET and the MIP Atrium.

History

The Hammer Forge is equipment that was made by John Bertram,Dundas, Onario, we believe around 1894.  It remained unsold until 1924 when it was purchased by Robert Mitchell Co. in Montreal.  They used it for breaking up Pig Iron until about 1944, shortly after the new Physical Metallurgy Research Laboratories were opened in Ottawa.  Originally steam powered, it was purchased by PMRL for $1500 and converted to pneumatic (air) power.  In order not to disturb other delicate equipment in the new laboratory, it was mounted on a fairly substantial foundation of a poured concrete block placed on top of Douglas Fir beams.

The above text was largely quoted from one page found within equipment files.  It is rumoured that a scientist actually paid $75 for the forge from his own pocket and had it delivered (freight collect) to the laboratory.Information on John Bertram, & Canadian Tool Works of Dundas, ON can be found here.

The Bertram factory was an important symbol of the industrial era of the town of Dundas and has made great contributions to Canadian infrastructure, defense, and steelmaking.

Incidentally, the forge is no longer used for research activities, but remains operable today. The sculpture, revealed today in the courtyard between CANMET and the MIP Atrium,  captures the historic period, circa 1950’s, when the forge was used regularly at PMRL, now the CANMET – Materials Technology Laboratories.  Renowned Canadian sculptor, Jules Lasalle was commissioned to work on the scale model sculpture and operators.  Additional work on tooling and wax patterns required to produce the forge sculpture was done by equally renowned, Artcast, Inc, of Georgetown,ON.  It was important that the metal casting and finishing be done at the CANMET-Materials Technology Laboratory.The sculpture was mounted on a base made from Douglas Fir which had been reclaimed from the foundation of the original hammer forge.

Find the full article here from the Hamilton Spectator.

Grand Opening of the McMaster Automotive Resource Center (MARC)

The MARC building was officially opened as part of the Hamilton Economic Summit, revealing an 80,000-square-foot university lab where hundreds of researchers, students and industry professionals will work to resolve serious issues facing the automotive industry and design the future of human transportation.

The $26-million facility, funded in part by Federal Economic Development Agency of Southern Ontario, is one of a handful in the world located in an academic setting. Inside the state-of-the-art facility, teams will be able to develop, design and test an electric or hybrid car.

Located in a once vacant appliance warehouse at the McMaster Innovation Park, the redeveloped space now includes state-of-the art commercial garage space, with multiple bays ready to receive cars for experiments and testing.

Together, teams of engineers, scientists, social scientists and their students will develop sustainable solutions for the auto industry. These include the development of hybrid and electric powertrains, building highly efficient and cost-effective powertrain components, identifying lighter materials to make cars more fuel efficient and developing cars and smart controls that allow members of an aging society to drive safely for longer periods.

Click here for the rest of the article and find out how the MARC can move us forward.

McMaster Innovation Park featured in Life Sciences of Ontario Promotional Video

McMaster Innovation Park was recently featured in Life Sciences of Ontario’s (LSO) promotional video showcasing the many strengths and assets that Ontario’s diverse life sciences sector has to offer.

Check out the video here!

The video debuted at BIO2012 in Boston and an updated version was displayed at BIO2013 in Chicago. LSO will continue to use this video to promote Ontario’s Life Sciences sector at future international, national and local events. MIP is honoured to be a part of the growing Life Sciences culture both in Ontario, and Hamilton. Learn more about Life Sciences Ontario and their initiatives.

Stay tuned in the next month for MIP to debut our very own video blog that will feature expert advise from tenants right here in the atrium, and will give innovative small & large businesses tips on how to be successful.

 

Cisco Announces $2.1M Contribution to McMaster Research here at MIP

McMaster and Cisco Canada announced Wednesday May 8th, in the McMaster Innovation Park Atrium, that they have established a long-term relationship which will see the University increase research activities in integrated health biosystems and bioinformatics.

Both parties will also establish a University-wide “research cloud” computing environment and infrastructure. This relationship will see McMaster build on its renowned research successes and strengthen its links with national and international partners from academia, government and industry.

As part of the agreement, Cisco is providing a $2.1 million contribution to McMaster. This includes $1.6 million over eight years to establish a Professorship in Integrated Health Biosystems and $500,000 over five years to establish a Research Chair in Bioinformatics.

The Research Chair in Bioinformatics will collaborate on a program in integrated health biosystems. The aim will be to bridge the existing gulf between data-intensive areas of biomedical research and healthcare by integrating diverse biological datasets with clinical and environmental data.

The Professorship in Integrated Health Biosystems will help to establish a cloud-based computational infrastructure designed to manage, analyze, integrate and distribute the vast amounts of data resulting from biomedical research, clinical trials, and patient feedback.

Find the full article here 

Mobilizing the Humanities

More than 100 scholars, students, staff and guests gathered at McMaster Innovation Park on May 6 to celebrate the benefits of community partnerships and showcase how humanities research at McMaster has been mobilized for the common good.

The speakers included 11 researchers from the Faculty of Humanities, alongside their research partners from business, the community, health care, publishing, and the arts.

Topics ranged from collaborating on an activist theatre production, to re-imagining the bicycle in our society, to promoting Indigenous research by and for Indigenous peoples. The common thread of the day’s proceedings was how these partnerships are win-win – not only for the research conducted within the University, but also for the work of the collaborating partner.

Find the full article here! #Innovation in #HamOnt

UNU-INWEH Awarded Grant for Work in Uganda

Grand Challenges Canada, which is funded by the Government of Canada, announced 66 grants of roughly $100,000 each for innovators in 15 low- and middle-income nations worldwide to pursue bold new imaginative ideas to tackle health problems in resource-poor countries. In Uganda, almost all human waste is discharged into bodies of water causing huge health problems. Researchers led by Dr. Corinne Schuster-Wallace of UN University’s Canadian-based Institute for Water, Environment and Health, here at McMaster Innovation Park will initiate the first steps in a proposed national program to collect and transform human and other waste into an energy and revenue-producing bio-gas. Supported by Canadian firms Anaergia Inc. (Ontario) and Ostara Nutrient Recovery Technologies Inc. (British Columbia) eventual implementation will involve large underground tanks to mulch human waste along with fish market refuse and other organic trash.  Methane from the tanks will be tapped for a new economical source of fuel.  A recent study concluded that a sanitation system for 400,000 people in Kampala’s urban slums can be run without subsidies by marketing wastewater products.

Amazing work!