Toronto and Shenzhen launch the Sino-Canada International Innovation Centre

The cities of Toronto and Shenzhen, often called Silicon Valley North and Silicon Valley of China, respectively, will open the Sino-Canada International Innovation Centre this month at a ceremony in Toronto. The Sci Innovation Centre is intended to increase cooperation between Chinese and Canadian entrepreneurs and companies in the following industry sectors: electronic technology, ICT, biotechnology, cleantech and advanced manufacturing. It will serve as an incubator and accelerator, supporting start-ups with funding, mentoring, training, legal consulting and co-working spaces, as well as various programs. The Centre is a co-venture between the Canada Confederation of Shenzhen Associations and Shenzhen Flat Panel Display Industry Association and is supported by the Shenzhen Municipal People’s Government. Additional partners include the Univ of Toronto, Univ of Waterloo, MaRS Discovery District, the Ontario Centres of Excellence and Univ of Western Ontario. The opening will coincide with the launch of the 2019 Sci Innovation Competition, a global funding competition open to Canadian tech entrepreneurs.