Ontario High Tech Investments Turn Into Jobs

Ontario, Canada Supporting Ideas That Create Jobs

TORONTO--(BUSINESS WIRE)--Ontario's 3-D future is already paying dividends in jobs and investment for today's digital inventors and entrepreneurs.

“Ryerson's Digital Media Zone is a model for the Ontario economy - a place where people with energy, ideas and passion come together to create technologies that people will use and create high skilled jobs”

Premier McGuinty visited the Digital Media Zone (DMZ) at Ryerson University today to meet the young entrepreneurs who are driving Ontario's high tech future with digital media innovations and solutions. Since the DMZ opened in April 2010, the leading-edge digital technology incubator has helped launch 14 companies creating 65 new jobs.

At the DMZ, students and entrepreneurs are developing web-based, social media and high-tech applications including 3-D technology for use in entertainment, medical and community service industries.

The DMZ is an example of education and innovation coming together to create business and good jobs. Investing in postsecondary education and encouraging job creation is part of the Open Ontario Plan to grow a stronger economy.

"Ryerson's Digital Media Zone is a model for the Ontario economy - a place where people with energy, ideas and passion come together to create technologies that people will use and create high skilled jobs," said Dalton McGuinty, Premier of Ontario.

"The Ontario government recognizes that students and young people are natural innovators and entrepreneurs. By supporting Ryerson University, the government supports the Digital Media Zone, a unique space where young entrepreneurs are given the tools and resources they need to innovate, collaborate, bring new products to market and create innovative digital solutions for industry. This is where digital innovators learn together, work together, launch businesses together and create jobs together," said Sheldon Levy, President, Ryerson University.

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