Ontario Centres of Excellence honours two start-ups and the entrepreneurs behind them with fellowships to facilitate innovative industry-academic business ventures.
Two innovators with solutions to infrastructure and manufacturing challenges have been awarded prestigious Martin Walmsley Fellowships for Technical Entrepreneurship by Ontario Centres of Excellence (OCE). The awards were handed out at OCE's 2012 Annual General Meeting.
The Martin Walmsley Fellowship facilitates the transition of OCE-funded, university-based research into innovative business ventures. An expert panel selects the recipients, who are judged on criteria including strength of technology, commercial viability and sound business planning. The Fellowship honours the vision of Dr. Martin Walmsley, who was instrumental in founding Ontario Centres of Excellence in 1987.
Paul Webster of Laser Depth Dynamics, a partnership with Queen's University, will receive $100,000 over the next two years to develop his much sought-after process that provides better control over laser cutting, welding and drilling.
Michael Montgomery of Kinetica Dymanics, a partnership with the University of Toronto, will receive a one-year grant of $50,000 to advance technology that reduces vibrations in buildings due to earthquakes and high winds.