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Ontario’s talent and research are key to building up the province’s businesses, attracting investment and becoming a global economic leader. To ensure Ontario’s long-term prosperity, however, we need to also invest in entrepreneurs and economic development.
Ontario’s universities contribute more than $115 billion annually to the province’s economy. We help drive a growing, dynamic province in a number of ways:
Supporting thriving clusters through research institutions that bring researchers and students together with private and public sector partners to spur collaboration and innovation, and help create strong industries.
Bringing the world to Ontario and bringing Ontario to the world by developing and educating world-class graduate students, welcoming more than 64,000 international students from more than 200 countries, and offering study abroad opportunities and international research partnerships.
Fostering entrepreneurship through incubators and accelerators that offer the mentorship, training and work space that help entrepreneurs develop an idea or take a company to the next level. Universities also offer programs devoted to teaching students what it takes to produce innovative inventions, attract investors and take their service or product to market.
Support the development of a “cluster” strategy that will stimulate Ontario’s competitive economic leadership.
Help bring new companies and entrepreneurial ideas to life through stable funding for university incubators and incentives for graduates to start a business.
Support a shift from a risk-averse to an entrepreneurial society by providing incentives that attract venture capital, enable business growth, entice innovative companies to Ontario and help startups grow and stay in the province.
Help attract the best talent through measures that include expanding the number and value of graduate scholarships.
Provide responsive funding for internationally matched research projects and support students to take a semester abroad or gain international work experience.
Browse through reports and related materials to find out about Ontario universities' role in everything ranging from university graduate employment to family medicine and community transformation.