The Innovation Cluster held its sold out Annual General Meeting at the downtown incubator, The Cube, to hear the impact made towards startups across Peterborough and the Kawarthas over the past year on May 31, 2018.
The Innovation Cluster was originally founded in 2004 as the DNA Cluster, focusing on DNA, forensics and life-sciences to help entrepreneurs develop their practical applications. Over the years, the organization has grown along with its expanded Board of Directors, funding partnerships, staff, location size and the amount of innovation and technology startups supported today.
Now known as the Innovation Cluster – Peterborough and the Kawarthas, the entrepreneurship sectors it supports have expanded past just DNA research and healthcare applications, to also support digital technology, agriculture technology and a strong focus on clean technology as well in today’s region.
— Innovation Cluster (@InnovationPtbo) May 31, 2018
Prior to the AGM, the public toured the 10,000 sq. ft. downtown incubator that officially launched last April, where clients creating innovation in the heart of downtown showcased their company growth and success because of the incubation program offered to them.
During the Annual General Meeting, President and CEO Michael Skinner presented the Innovation Cluster’s highlights, noting the organization has surpassed all provincially set target goals significantly including companies built, jobs created, and economic impact.
“Our accomplishments over the past year wouldn’t have been possible without the support from our board of directors, partners and of course the clients that are utilizing everything our region has to offer,” says Skinner, President & CEO of the Innovation Cluster.
Other speakers included Dr. Neil Emery, Vice President, Research and Innovation at Trent University, Tony Tilly, President of Fleming College, John Desbiens, Chair of the Board for the Innovation Cluster, Tim Barrie on behalf of Peterborough Region Angel Network and John Fielding, Regional Director, Business Development at Ontario Centres of Excellence.
“I’m sure we’ve exceeded the imagination and expectation of the founders,” remarked John Desbiens, Chair of the Board. “I think they would be proud of what the Innovation Cluster team and entrepreneurs have accomplished.”
Clients of the Innovation Cluster, Ribitt and Horizon Aircraft spoke, noting the role the organization has played in their startups to this day. As client companies of the Innovation Cluster, the startups commented on the value of the organization in Peterborough and the Kawarthas.
“These statistics we have accomplished over the past year show that Peterborough and the Kawarthas are now the place to be for innovative startups to grow and thrive,” says Skinner.