If Silicon Valley is where big minds fixate on small problems – a better way to hail a taxi or swap photos on your smartphone – then the University of Toronto may soon be known as the place where the world’s biggest, most intractable issues are solved.
University of Toronto researchers are set to receive nearly $1 million from the Ontario government as they compete in the semi-final round of a $20 million global contest that looks for ways to turn harmful greenhouse gases into useful products like fuels and fertilizers.
On Tuesday, Singularity University announced that it is launching its inaugural summit in Canada. Taking place in October, the Summit will work to promote SingularityU’s mission of encouraging entrepreneurs to take on global challenges using technology.
Today at POND Technologies Inc. in Markham, Reza Moridi, Ontario’s Minister of Research, Innovation and Science, announced the government’s support for three Ontario-based teams among the 25 international semi-finalists in the $20-million global NRG COSIA Carbon XPRIZE competition.