U of T, Ontario Network Unite to Launch New Tech

A new partnership between the University of Toronto and the Ontario Vehicle Innovation Network (OVIN) promises to spur innovation across the automotive and mobility sectors.

The strategic collaboration, which involves U of T joining the OVIN Incubators program, brings together the university's research excellence with OVIN's extensive automotive and mobility network to accelerate both the conversion of research into market-ready technologies and the creation of new, Ontario-based ventures.

Senior leaders from U of T and OVIN gathered at U of T Engineering Partnerships' offices on May 19 to mark the start of the new partnership.

"Ontario is creating the framework for continued automotive excellence, seizing the opportunity to create the jobs and solutions needed for today and the future," said Raed Kadri, head of OVIN.

"As OVIN Incubators continues to expand and partner with the province's leading post-secondary institutions, Ontario's research excellence will power sustained economic growth and job creation by harnessing Ontario-made IP and Ontario-based talent to build the companies of the future."

OVIN Incubators is creating an open innovation and startup creation platform for automotive and mobility researchers, entrepreneurs, startups and scale-ups. The goal is to commercialize Ontario-made intellectual property into new homegrown ventures that stretch across the entire value chain, from raw materials to consumer products.

U of T is home to leading-edge researchers and long-standing academic-industry collaborations in several areas that the automotive sector has determined to be in high demand, including critical minerals, artificial intelligence, energy grid optimization and battery technology.

Examples include:

In addition to research collaboration, a key component of the OVIN Incubators program is supporting the creation of new ventures.

"Through this partnership, U of T researchers who've made an invention disclosure or applied for a patent can get support for creating a minimum viable product and spinning that out into a new, made-in-Ontario company," says Adriano Vissa, executive director, partnerships at U of T's Faculty of Applied Science & Engineering.

"That will help keep those innovations here at home and further strengthen the ecosystem that creates so much value for Ontarians."

Major industry players such as Mercedes-Benz, Infineon Technologies and Schaeffler have already partnered with OVIN Incubators. The initiative also includes a technology scouting component, a process by which industry needs can be matched with emerging technologies from Ontario startups and scale-ups.

"Here in the heart of the GTA, we're very blessed to have such a rich network of small, medium-sized and large players, including U of T spin-off companies, in Ontario's vibrant automotive sector," says Chris Yip, dean of U of T's Faculty of Applied Science & Engineering.

"This new framework agreement with OVIN will further strengthen our connections with that network and create new pathways to translate inventions from the lab to the marketplace. We're very excited to see it flourish over the years to come."

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