Mercedes-Benz incubator program coming to Windsor
Mercedes-Benz has partnered up with the Ontario Vehicle Innovation Network (OVIN) and the provincial government to launch a new “incubator program”. One of the first three locations is Windsor, with the other two going to Toronto and Kitchener-Waterloo.
An incubator program helps startup companies develop their business and technologies on a smaller scale.
Selected projects will also benefit from the international Mercedes-Benz Startup Autobahn network, according to a news release.
Premier Doug Ford made the announcement on Tuesday. He said the program aims at advancing and commercializing next generation Ontario-made auto technologies.
“Innovation is part of Mercedes-Benz DNA,” said Markus Schäfer, member of the board of management of Mercedes-Benz Group AG and chief technology officer of development and procurement.
“In our global R&D strategy, open innovation gives us rapid and direct access to the latest ideas and developments around the world. We are, therefore, delighted to further expand our activities in Canada as a founding partner of the OVIN Incubators.”
Schäfer continued, saying it’s important in a fast-paced environment to develop future products and elevate customer experience through new technologies.
Research will also be done in collaboration with the University of Waterloo, focusing on neuromorphic computing for automated driving applications.
“This new partnership between OVIN and Mercedes-Benz is going to be a significant boost for our province’s automotive and mobility sectors,” said Ford.
“By bringing together the best of industry, research and entrepreneurial talent, we’re fostering innovation that will strengthen our economy, create good jobs and position Ontario as a leader in the auto and electric vehicle technologies of the future.”
The pilot phase will consist of startup scouting, empowering startups to engage with the industry and establish companies whose growth can be capitalized.
CTVNews.ca Top Stories
More than half of human trafficking incidents in Canada remain unsolved
More than half of human trafficking incidents remained unsolved in Canada by police as the number of incidents increased over the past decade, according to new data released Friday.
Human remains found in Markham, Ont. in 1980 belonged to prison escapee: police
More than 44 years after human remains were found in a rural area of Markham, Ont., police are revealing that the deceased was an inmate who had escaped prison just a month before his body was found.
WATCH 'It's mind-boggling': Drought reveals U.S. town submerged in the 1940s
Hundreds of people are flocking to see a rare site in Pennsylvania: remnants of a historic town that is usually underwater.
Manitoba RCMP identify infant human remains, asking public for help with investigation
Manitoba RCMP are looking for more information after the remains of an infant were identified.
Those typing monkeys will never produce Shakespeare's works, mathematicians say
Talented though they may be, monkeys will never type out the complete works of William Shakespeare, or even a short book, a new study suggests.
Auto theft probe leads to arrest of 59 suspects, recovery of more than 300 stolen vehicles: Toronto police
Toronto police say 59 suspects are facing a total of 300 charges in connection with an auto theft and re-vinning probe.
'I couldn't stay home': Canadian with no prior military training joins Ukrainian forces
In the early days of Russia’s invasion of Ukraine, Adam Oake, a Canadian with no prior military training, sold all of his Toronto Maple Leafs memorabilia to buy a plane ticket.
Children's doctors reporting unusual increase in walking pneumonia cases in Canada
Children's hospitals across the country are seeing an unusual increase in the number of serious and more complicated cases of walking pneumonia affecting much younger patients, according to medical experts.
Video falsely depicting voter fraud in Georgia linked to 'Russian influence actors,' U.S. officials say
A video that purports to show election fraud in Georgia by a man who claims to be from Haiti is fake and the work of "Russian influence actors," U.S. intelligence officials said Friday.