The Toronto-based incubator has formed a new partnership with the Scheller College of Business at the Georgia Institute of Technology. The program will open applications in April 2020 and will accept 25 companies. (The Logic)
Talking point: CDL—which has helped scale up early-stage science and technology startups to generate more than $4.5 billion in equity value—ended its only American partnership (and first foray outside Canada) with New York University’s Stern School of Business in May. Both institutions said they mutually agreed not to continue the program. The Georgia Tech Scheller School is in the heart of Atlanta’s Tech Square, a 1.4-million-square-foot facility with more than 100 startups and 22 corporate innovation centres. Atlanta is the third location CDL has announced this year, after Oxford, U.K. and Paris.