Each year the Premier’s Innovation Awards—part of Ontario’s Innovation Agenda—invests $200,000 to $5 million in the provinces top innovators to help advance their cutting-edge research and development, while boosting global competitiveness and creating more high-skilled jobs.
This year’s awards ceremony, hosted by the Ontario Centre of Excellence (OCE) in partnership with MaRS institute, was held at the Metro Toronto Convention Centre following OCE’s fifth annual Discovery trade show and conference.
Premier Dalton McGuinty made a brief appearance at the awards to deliver a keynote address and announce a new one-time 2011 Premier’s Catalyst Award for water innovation as a part of Ontario’s Water Opportunities Act.
“The pioneers we are celebrating are laying the foundation for growth in our province and inventing our future,” said McGuinty in a release. “They represent what our new Open Ontario Plan is all about—strengthening our economy by recognizing and seizing new opportunities in the water sector and beyond.”
The Premier’s Innovation Awards includes: Two Summit awards in medical research; a Discovery award for Natural Sciences and Engineering; a Catalyst Award for start-up company with the best innovation; and a Catalyst award for best Young Entrepreneur.