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Our mission is to facilitate the creation and growth of massively scalable, technology-based companies from the University of Toronto community.

To achieve its mission, the Creative Destruction Lab at Rotman is a venture Lab that leverages: 1) the business school's leading faculty and industry network, 2) inventions and talent from the world-class, technology-oriented faculties at the University of Toronto such as Computer Science, Engineering, and the University Health Network, and 3) its location in the heart of Toronto – North America's third largest financial centre and one of the world's most culturally diverse cities.

Discover more about three ventures from our first cohort

MYO from Thalmic Labs will transform how you interact with your digital world

Bionym develops and licenses biometric recognition technologies

Vote Compass is an interactive electoral literacy application developed by political scientists and run during election campaigns.

 

Some Simple Economics of Crowdfunding

on Mon, 06/17/2013 - 21:01
Research by Creative Destruction Lab's Academic Director and Founder Ajay Agrawal, Christian Catalini (MIT Sloan and Creative Destruction Lab) and Avi Goldfarb (Rotman School of Management) published today by the National Bureau of Economic Research (http://www.nber.org/papers/w19133).
 

Download the full paper

 
Executive Summary
 
It is not surprising that the financing of early-stage creative projects and ventures is typically geographically localized since these types of funding decisions are usually predicated on personal relationships and due diligence requiring face-to-face

Creative Destruction Lab's first cohort company Thalmic closes $14.5 Million Series A round

on Thu, 06/06/2013 - 13:38

Thalmic Labs, the first company to launch a product from this cohort of companies is also the first company to raise a Series A round in the amount of $14.5 Million

Announced yesterday, Thalmic Labs has an impressive list of investors that includes G7 members Lee Lau and Daniel Debow.

"Thalmic quickly leveraged the Creative Destruction Lab and raised the majority of their seed capital from the Lab's G7 (coaching and investor group) including some of Canada's leading entrepreneurs like Daniel Debow, Senior Vice President of SalesForce.com, founder of Rypple and Rotman JD/MBA graduate, and

The Startup Money Hunt: When Entrepreneurs Bring In Investors

on Tue, 05/21/2013 - 13:02

 

When do entrepreneurs bring in investors and how does funding work? The infographic below, from San Francisco-based startup community organization Funders and Founders, breaks down the funding path of a successful entrepreneur, from idea to initial public offering.  Read full article
 
 

MBA Students: Why Take an Internship When I Can Start a Company?

on Sat, 04/20/2013 - 18:43

"More and more MBA students are choosing to found or work at start-ups instead of interning at big firms. Can fledgling firms provide students the resources and support that big business can, or is getting in on the ground level enough?" Read Full Article

First Product from Rotman School's New Creative Destruction Lab

on Mon, 02/25/2013 - 22:20

Toronto -- Last September the University of Toronto’s Rotman School of Management quietly launched their new initiative for technology entrepreneurship, The Creative Destruction Lab.

Today, one of the ventures in the first cohort of this new initiative not so quietly has launched its first product, receiving attention from media including TechCrunch and Wired.

The MYO is the first product from Thalmic Labs. The device is an armband for gesture control that doesn't use cameras, but instead employs biosensors and accelerometers.

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