Banting and Best Centre for Innovation and Entrepreneurship Banting and Best Centre for Innovation and Entrepreneurship The Banting and Best Centre for Innovation and Entrepreneurship is an initiative of the University of Toronto which facilitates business mentorship and the development of commercially viable innovations. The goal of the Centre is to foster start-up companies by supporting new ideas as they are developed and then during the incubation phase on through commercialization. The centre was launched in September, 2012, in the Banting and Best buildings on College Street, Toronto. The 50,000 square foot Centre was named after Frederick Banting and Charles Best, co-discoverers of insulin, a treatment for diabetes
Highest and best use functional obsolescence. Further, there are three potential actions that can be undertaken regarding the existing improvements: Retention of the existing improvements, modification of the improvements or the development scheme of the site, or demolition and removal of the improvements. For example, house A in an area zoned for residential use may have a highest and best use as vacant and a highest and best use as improved that are both residential. A similar house B in a commercially zoned area may have a "highest and best use as vacant" as development to a commercial development, and the "highest and best