The intellectual capital, physical infrastructure and government support to foster superior returns on your investment.
Talent
Toronto’s talent pool is a powerful combination of quality and efficiency. Nearly two-thirds of workers in the region have post-secondary education and the costs of hiring remain below major US clusters.
INCENTIVES
Combined, Canada & Ontario have one of the most generous R&D tax incentive programs, reducing after tax costs of research up to 60%, and contributing a close to 30% R&D cost advantage relative to US centres.
Infrastructure
The region’s growing number of facilities, laboratories and innovation centers already house hundreds of companies, with room to grow into manufacturing plants and room to build in areas not far from the downtown core.
44,000
STUDENTS
Enrolled in life science or health care degree programs.
$391.2M
IN PRIVATE INVESTMENTS
In Toronto region’s life science
sector in 2016.
50%
Lower Rent p. s. f.
As compared to Boston, San Francisco, and San Diego.
$304B
Toronto’s GDP
A major economic contributor and consumer
League Scaling to Deliver Innovation Health Benefits
In a round led by Telus Ventures, Toronto-based League raised $62M to open offices in San Francisco, New York, and London. Boasting a platform including chat-based access to nurses, a digital wallet that can be customized to each employer’s needs, and behaviour-based health rewards, League is offering the future of health benefits.
Bluerock Raises One of the Largest Series A in Biotech History
Toronto-based stem cell therapy company Bluerock attracted $225M USD in initial financing from Ipharma giant Bayer AG and venture capital firm Versant Ventures. The investment will be a magnet for Canada’s biotech sector and leverages Toronto’s strength in the research, manufacture, and commercialization of breakthrough regenerative medicine therapy.
Find your next opportunity
Cluster Connect is your window into the Toronto Region Health Cluster. This portal allows you search, browse and find organizations and individuals in the Toronto Region to do business with. Cluster Connect combines Biotechgate, a searchable database companies use, with a host of APIs, including LinkedIn, to provide a rich user experience and connect you to your next business deal in the Toronto Region.
