Commercialization Venture: an Ontario First model for oncology innovation

HOW IS FACIT UNIQUE?

FACIT brings together entrepreneurial scientists, partner institutions and other key players involved in the commercialization of life science innovations in Ontario. By applying venture capital, market-driven investing principles, our experts identify, access and support technologies with top potential for addressing unmet oncology needs. As an active partner, we provide capital, experienced executive management and connections to our industry and investor network, empowering companies to grow roots and scale in Ontario.

FACIT’s pathway for sustainable local commercialization

ONTARIO TRANSLATIONAL RESEARCH Leveraging Ontario’s world-class science & community network INDUSTRY-QUALITY INNOVATION Transforming IP into competitive assets through early commercial planning COMMERCIALIZATION VENTURE Investing seed capital, creating & scaling start-ups, securing strategic partners RECEPTORS FOR LOCAL DEVELOPMENT Retaining & growing value in Ontario by partnering with local clinical accelerators GLOBAL INVESTOR & INDUSTRY NETWORK Securing investment & partnerships from top-tier VCs, pharma/ multinationals PATIENT & ECONOMIC IMPACT Driving clinical trials, job creation, talent development, sustainable biotech in Ontario ONTARIO TRANSLATIONAL RESEARCH Leveraging Ontario’s world-class science & community network INDUSTRY-QUALITY INNOVATION Transforming IP into competitive assets through early commercial planning COMMERCIALIZATION VENTURE Investing seed capital, creating & scaling start-ups, securing strategic partners RECEPTORS FOR LOCAL DEVELOPMENT Retaining & growing value in Ontario by partnering with local clinical accelerators GLOBAL INVESTOR & INDUSTRY NETWORK Securing investment & partnerships from top-tier VCs, pharma/ multinationals PATIENT & ECONOMIC IMPACT Driving clinical trials, job creation, talent development, sustainable biotech in Ontario

Driving clinical trials, job creation, talent development, sustainable biotech in Ontario

How does FACIT benefit Ontario’s economy, researchers and entrepreneurs?

By accelerating the commercialization of oncology innovations and providing a source of Ontario First capital, FACIT benefits entrepreneurs, researchers, investors and the Ontario economy. With the best interest of the innovation in mind, we strive to keep Ontario-generated technologies, intellectual property and discoveries in the province, contributing to the development of skills, talent, leadership, sustainable companies and jobs.

How does FACIT impact patients with cancer?

Our goal is to improve outcomes for cancer patients by getting new therapies, diagnostic tools and other cancer-fighting technologies to market where they can make a difference in people’s lives. Growing Ontario’s oncology innovation economy will ultimately deliver the best cancer care to its patients.

OUR IMPACT

FACIT continues to realize value for money, drive the ecosystem, and transform made-in-Ontario innovations.
(Current As of November 2021)

$44M in total fundingand equityinvestments $1.3B in additionalfinancing attracted $30 leveragedfor every $1 invested

Ontario start-ups created

first-in-human studies

in licensing deals

highly-skilled jobs created in Ontario

KEY SUCCESSES

Our investments have resulted in significant partnerships, clinical trials, job creation and leveraged financing for the province.