News

Technology Transfer’s role in green growth

on April 22, 2021

Now more than ever countries are working hard to balance economic growth with sustainability and meeting environmental standards needed to combat the devastating effects of climate change. Public institutions like universities and research organizations have an important role to play through their portfolios of licensable green technologies.

By commercializing technological innovation, countries can help generate sustainable economic growth while soundly addressing climate change. Demand for green technologies has increased remarkably in recent decades.

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Cross-faculty team wins ProteusIC top prize, audience choice award

on April 21, 2021

Another exciting year for the Proteus Innovation Competition has come and gone as we added new partner institutions and awarded over $25,000 in prizes to five teams.

Operating for the first time in a virtual environment, the competition saw its best year yet – receiving quality submissions from 57 student teams comprised of 191 individuals, some from all over Ontario, Alberta and even an international team from China. Teams overcame the challenges brought on by the pandemic and competed by creating abstracts and business plans, then making pitches to a panel of judges.

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ecommCross-faculty team wins ProteusIC top prize, audience choice award

Proteus Innovation Competition sees most entries ever

on April 15, 2021

Fifty-seven teams comprising more than 190 individuals vied for the five top prizes at this year’s Proteus Innovation Competition – more than any other year in the contest’s six-year history.

Teams overcame the challenges brought on by the pandemic and competed virtually, creating abstracts and business plans, then making pitches to a panel of judges.

Founded at Western by WORLDiscoveries and grown to collaborate with McMaster, Windsor, Waterloo, Guelph and Wilfrid Laurier universities, the competition brings students together to propose viable paths to market for novel technologies developed at the partner institutions.

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ecommProteus Innovation Competition sees most entries ever

Western Medical Innovation Fellows win Synapse “Quick Pitch” prize

on March 31, 2021

Hamilton’s life science ecosystem gathered virtually on March 24, for Innovation Factory’s eighth annual Synapse Competition, Ontario’s premier life science pitch competition. Synapse is designed to help move innovative life science products and services out of the lab and into the market, by pairing up life science Innovators with business and entrepreneurship students.

Since the inaugural Synapse Life Science Pitch Competition in 2014, Innovation Factory has worked with more than 90 companies and awarded over $500,000 in cash and in-kind resources though the support of its sponsors.

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Western Medical Innovation Fellows perfect their pitch

on March 18, 2021

Adding to a growing list of business competition wins (See: 1 and 2) the Western Medical Innovation Fellows (MIF) scored another in the Stu Clark New Venture Championships: Graduate Edition. The team took first place in the elevator pitch portion of the annual competition hosted by the Stu Clark Centre for Entrepreneurship at the University of Manitoba.

The international competition is for graduate students to gain real experience while developing and growing new ventures based on the student created, managed or owned ventures. It involved a business plan portion, which requires submitting a comprehensive business plan, delivering a 15-minute presentation followed by a question and answer – and judge feedback session. The teams then must deliver a strict one-minute elevator pitch with no visual aids, cue cards or props allowed to a panel of judges.

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Western Medical Innovation Fellow teams up with Mayo Clinic Medical Student to win Innovation Sprint prize

on March 3, 2021

Michael Lavdas, MESc’20 and member of the current cohort of Western Medical Innovation Fellows along with Mayo Clinic medical student David Soriano scored second prize in a two-day Innovation Sprint. The sprint was designed to encourage collaborative innovation at Mayo Clinic and engaged experts in information technology, clinical practice and business users to form cross-disciplinary teams. The teams then had to identify a problem, develop solutions and then sell it in a pitch all within the course of a weekend. The theme of the sprint was advanced healthcare at home.

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ecommWestern Medical Innovation Fellow teams up with Mayo Clinic Medical Student to win Innovation Sprint prize

Western Medical Innovation Fellowship alumna founded startup, Front Line Medical, receives Health Canada approval

on February 22, 2021

Asha Parekh, PhD’15, who was a member of the first cohort of the Western Medical Innovation Fellowship, is seeing results after years of work as the company she founded receives Health Canada approval. Parekh, a biomedical engineer, co-founded the company Front Line Medical Technologies in 2017, with Dr. Adam Power, a vascular surgeon based at Victoria Hospital and Associate Professor of Surgery at Schulich School of Medicine and Dentistry.

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ecommWestern Medical Innovation Fellowship alumna founded startup, Front Line Medical, receives Health Canada approval

Western Medical Innovation Fellows score FACIT pitch competition audience choice award

on February 12, 2021

In addition to their day-to-day work as Medical Innovation Fellows (MIF), completing market validation studies and prototyping two major projects, the ambitious team participated in the 2021 Falcons’ Fortunes pitch competition hosted by FACIT. The annual pitch competition offers a cash prize for novel cancer solutions to Ontario-based entrepreneurs and industrious researchers. FACIT is a commercialization venture firm for Ontario cancer innovations and acts as a bridge between the public and private sectors.

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ecommWestern Medical Innovation Fellows score FACIT pitch competition audience choice award
Ting-Yim Lee's imaging software is an example of cutting-edge technology applied to improving health care.

Medical software licence underlines WORLDiscoveries success

on February 5, 2021

Ting-Yim Lee has developed medical imaging software so versatile he jokingly calls it the Swiss army knife of diagnostics.

His cutting-edge CT Perfusion technology measures blood flow in bodily tissues, helping computerized tomography scans guide treatment for patients who have had a stroke.

The software is also used to get a handle on the spread of cancer in patients and to assess how well tumours have responded to treatment.

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ecommMedical software licence underlines WORLDiscoveries success

WORLDiscoveries ranks 6th in Canada for tech transfer revenues

on January 21, 2021

In their latest report which analyzes data from fiscal year 2018, AUTM ranks WORLDiscoveries and our partners (Western, Lawson and Robarts) 6th in Canada in terms of gross revenues. This boosts WORLDiscoveries up one place from the 2017 report where we ranked 7th in Canada. This report highlights that WORLDiscoveries remains one of the most successful technology transfer and business development offices in Canada when compared to our peer institutions.

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ecommWORLDiscoveries ranks 6th in Canada for tech transfer revenues