According to the market research company, TCS NSE -0.11 % has announced the opening of its fifth global research and co-innovation centre for Canadian partners in the Canadian market.

The space gives businesses access to the collective ecosystem of innovators and intellectual property through TCS’ Co-Innovation Network (COINTM).

Pace Port Toronto features a workspace and innovation showcase to encourage rapid prototyping, research, and commercialization of technologies. Students have access to cutting-edge equipment like 3D printers, laser sintering equipment, new computer clusters, and robotics labs.

TCS Pace Ports bring together co-innovation networks of over 2,600 start-up and industry partners, to drive innovation and create the right conditions for our businesses and job creators to invest, grow and attract investment all across Ontario.

TCS Pace Port hubs are an indispensable part of the TCS innovation ecosystem, connecting partners, researchers and the global talent they need.

Establishing a Pace Port in Toronto — North America’s fastest growing tech market — is part of a long-term strategic plan for Canada that includes innovation labs, growing and reskilling our workforce, and our ongoing work with schools to support STEM education.