This morning I was at 55 St. Clair Avenue West for IBI Group’s annual general meeting. And at this meeting their CEO, Scott Stewart, officially launched a new accelerator called the Smart City Sandbox.
Here is a description of what that is taken from a press release that was also published this morning:
The Sandbox is a smart city-themed accelerator, focused on bringing innovative new products and systems to urban environments that improve the quality of life for residents. A technology hub that supports small-and medium-sized enterprises (SMEs), as well as entrepreneurs and start-ups, the Smart City Sandbox will operate out of a designated space at IBI Group’s Toronto headquarters, be open to global applications, and officially open doors with its first smart city-themed cohort in September 2018.
And here is a photo from this morning:
Slate Asset Management is proud to be a founding partner of the Smart City Sandbox and we’re thrilled that it will live at Yonge + St. Clair in midtown Toronto.
Our role is to provide our domain expertise as asset managers and developers, and to offer participants in the program access to real-world building systems and data from our holdings in the area.
For more info, go here.
And if you were at (or listening to) the meeting this morning, I’m sure you noticed something that we talk a lot about on this blog. To thrive today, virtually every company now has to think and act like a technology company. IBI Group is doing precisely that.