Innovacorp has formed a partnership with the DMZ, formerly known as the Digital Media Zone, at Ryerson University in Toronto.
The partnership allows members from both organizations to access each other’s facilities, expertise and resources.
“Our agreement with the DMZ is mutually beneficial,” said Michael Kabalen, Innovacorp’s manager of properties and incubation. “It helps Innovacorp clients travelling to Toronto, and conversely DMZ clients travelling to Halifax – they both now have a landing pad in a likeminded facility.”
DMZ helps start-ups by connecting them with customers, capital, experts and a community of entrepreneurs and influencers.
“Our partnership with Innovacorp will provide start-ups with the opportunity to leverage resources across the country, while building a successful company in their home base,” said Abdullah Snobar, executive director of the DMZ. “We expect this to be the first of a much larger initiative that will connect the DMZ network with emerging start-up communities to build connections that will foster best-in-class Canadian entrepreneurs.”
The partnership will also allow clients of both organizations to tap into programs, webinars, events and more to share in the broader start-up community across Canada.
“This partnership with the DMZ will help bolster Nova Scotia’s stalwart start-up community,” said Stephen Duff, Innovacorp’s president and CEO. “We’re looking forward to fostering the opportunities this agreement will create for our start-ups.”
Innovacorp is Nova Scotia's early stage venture capital organization. It works to find, fund and foster innovative Nova Scotia start-ups that strive to change the world. Early stage investment is at the core of Innovacorp’s business model. It also gives entrepreneurs access to world-class incubation facilities, expert advice and other support to help them accelerate their companies. Target industries include information technology, life sciences, clean technology and ocean technology.
About the DMZ at Ryerson University
The DMZ at Ryerson University is one of Canada’s largest business incubators for emerging tech start-ups. It is the top-ranked university incubator in North America and third in the world, and helps start-ups succeed by connecting them with customers, advisors influencers and other entrepreneurs. Since launching in 2010, it has incubated over 276 start-ups, raised $280 million in seed funding and has fostered the creation of more than 2,629 jobs.
For more information, please contact:
902.424.8674 x 1117