The Entrepreneurship Hatchery  ☰ 

Get involved in the Hatchery!

Join us to learn all you ever wanted to know about how to get involved at the Hatchery! Our Executive Director, Joseph Orozco will be present to answer all questions and provide guidance.

The first Hatchery Idea Market for Fall 2013 is next week!

The Hatchery will be kicking off its Idea Market series next week on October 2, 4-6PM in BA7180.

The Idea Market aims to invite all those interested in the activities and projects undertaken at the Hatchery to help explore their entrepreneurial spirits. The Hatchery team and staff will be there to serve a basic introduction to its inner workings and answer any questions you have about the programs and entrepreneurship in general. Students from a variety of disciplines will also be present to network with their ideas and meet like-minded budding entrepreneurs with similar interests.

Additionally, next week’s Idea Market will also feature our first Hatchery Female Circle, where we will be joined by Women in Science & Engineering (WISE) and Elsie, a group for University of Toronto Women in Engineering Alumni, with opportunities to connect with women entrepreneurs.

Two Second-year Students’ Photography Lighting System Wins the $20,000 Lacavera Prize

Creating a light, affordable camera lighting system to replace the heavy bulk of typical photographic equipment earned Anastasiya Martyts (EngSci 1T6) and Tiange Li(Life Sciences 1T6) The Entrepreneurship Hatchery’s first $20,000 Lacavera Prize.

Martyts and Li presented Modly – their modular, customizable lighting system – at the Hatchery’s Demo Day on September 12, competing with eight other teams to win the top prize sponsored by entrepreneur and telecommunications executiveAnthony Lacavera (CompE 9T7). Their product grew out of Li’s desire as an amateur photographer for an easy-to-use, portable system capable of creating versatile lighting effects. Martyts describes it as “a system for hobbyists developed by hobbyists.”

The multidisciplinary duo will continue to develop the lighting system with the help of Hatchery mentor Anil Bhole, an intellectual property lawyer, and co-mentor Amy Chong, a Rotman School of Management MBA candidate.

Three other teams at Demo Day won the Orozco Prize,  named after the Hatchery’s  executive director, Joseph Orozco and sponsored by Professors Jonathan Roseand Vaughn Betz, both of The Edward S. Rogers Sr. Department of Electrical & Computer Engineering:

  • AirExposure
    Denis Loboda (MechE 1T3), Neil Sharma (MechE 1T3) and Peter Izraelski(geography and communication culture & information technology) use drones mounted with professional camera equipment to create a cost-effective method of aerial cinematography;
  • Sonar
    Jane Guo (EngSci 1T2) and Benjamin Slater (EngSci 1T3) harness web-based video conferencing to connect mental health therapists with patients; and,
  • DealsHype
    Michael Zhang (Pharmacy 1T5) and Satyam Merja (Pharmacy 1T4) provide small businesses with web-based customer rewards programs that give consumers mobile access to coupons and specials.

The business ideas pitched at Demo Day reflect the Hatchery’s goal of fostering entrepreneurship by creating a collegial environment where students can turn brilliant ideas into viable businesses. The featured teams also illustrate the cross-disciplinary nature of the Hatchery, which is based within U of T’s Faculty of Applied Science & Engineering but encourages collaboration with other disciplines.

“Ten to 15 years from now, we’ll be able to point to a number of successful entrepreneurs and say they developed their formative experience at the Hatchery,” says Professor Jonathan Rose, who also serves on The Entrepreneurship Hatchery’s Advisory Committee.

Modly wins 2013 Lacavera Prize for Entrepreneurship

Hatchery team Modly won the Lacavera Prize for Entrepreneurship for their development of a modular lighting system for use by photographers.

The award, with a cash prize of $20,000 has been given to Anastasiya Martyts (EngSci 1T6) and Tiange Li (Life Sciences 1T6) after their official Hatchery Demo Day presentation, describing their stackable, affordable and multi-functional photographic lighting system targeted at amateur and experimental photographers who seek flexibility and variety within their lighting systems.

The idea behind the product was initially developed Tiange, who as an amateur photographer, saw the need for easy-to-use and versatile tool for creating desired lighting effects for his work.

The team will continue to work with the Hatchery, further developing the technology and business plan with their Hatchery mentors intellectual property lawyer Anil Bhole and Rotman School of Management MBA Candidate Amy Chong.

Speaker Series: Jeff Dennis

Hatchery Speaker Series: September 24, 2013 – Jeff Dennis

On September 24, 2013, the University of Toronto Entrepreneurship Hatchery will be pleased to welcome Jeff Dennis of Fasken Martineau DuMoulin as part of the ongoing Hatchery Speaker Series.

Mr. Dennis received a Bachelor of Arts in economics from Brown University and a Bachelor of Law degree from the University of Western Ontario. He worked as a lawyer earlier in his career in Weir and Foulds and Blake, Cassels & Graydon. He later got involved in his own entrepreneurial ambition through the founding of various business ventures including Ashton-Royce Capital Corporation, Flagship Capital Partners Inc., Cale Financial Corporation and Oneworld Solar Corp. He also co-founded the Toronto Chapter of the Young Entrepreneurs Organization where he has been involved with various projects to motivate entrepreneurialism in young people. He is currently the Entrepreneur-in-Residence at Fasken Martineau DuMoulin.

How many times does a cell divide before it dies?

Cytospan Technologies

Chris and Michael came to the Hatchery with a brilliant idea. They wanted to use technology to create a bench-top instrument to automatically quantify the replicative life span of cells. This instrument could be used in the research of cancer and aging. They believed in their solution and they had the drive and passion to implement it. The Hatchery was there to support them. They founded Cytospan.

The Idea

Chris and Michael came across the idea for Cytospan during their summer positions. They found that the majority of experiments for replicative life span are with a micromanipulator. This technology is over 50 years old. It his slow, has low output and is laborious. Cytospan saw a chance to lead innovation in this technology to make the future more promising. They are now developing the technology to automatically quantify the replicative life span of cells.

The Hatchery

The Cytospan team came to the Hatchery with the idea. They were confident it was a solution for advancing life sciences. They had the drive and the Hatchery was there to set them on the road to create a successful startup.

We organized a one-on-one mentorship, provided guidance to define a business model and created an advisory board. We helped them gain access to University Resources to better develop their technology, while simultaneously providing guidance on how to pitch to potential investors. The Hatchery network was there to support them during their journey.

The Results

Chris and Michael graduated in May 2013. Their work ethic and dedication makes us proud seeing them pursue their dream. Cytospan is still working hard on developing its technology, and pitching to investors. We are excited to see how Cytospan revolutionizes the field of genetic research and drug discovery!

A startup is not just an idea. It’s an idea in motion. Our supporting insights and expertise in the startup world, combined with talent and work ethic provided Chris and Michael the competitive advantage to succeed.

Laudantium, Totam Rem Aperiam,

Laudantium, Totam Rem Aperiam,