IBM opens innovation space for Canadian entrepreneurs and startups
IBM in partnership with Ontario Centres of Excellence and the Government of Ontario launched the IBM Innovation Space, a new startup hub in Toronto to accelerate innovation activities and investments in Ontario by helping businesses propel into the global marketplace.
The IBM Innovation Space is the first initiative to launch under the IBM Innovation Incubator Project, a $54 million dollar initiative funded by a $24.75 million dollar contribution from IBM and $22.75 million from the Government of Ontario’s Jobs and Prosperity Fund. Other partners include the SOSCIP Research Consortium and members of the Ontario Network of Entrepreneurs (ONE).