University incubators help foster tech startups

An article in the Globe and Mail highlights some of the ways in which universities are fostering the next generation of tech entrepreneurs. Incubator programs like those at the University of Waterloo and the University of Toronto are helping young companies get on their feet. The author of the piece, Karl Martin, says that he would have been unable to get his firm started without the help of uToronto, which provided credibility, access to advisers and investors, and a vibrant intellectual community. uToronto’s business incubator programs connected Martin and his partners with experienced entrepreneurs who helped them recognize the potential for the commercialization of their research and supplied vital seed funding. uToronto students benefited as well; Martin says that his firm has recruited primarily uToronto talent. Globe and Mail