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 for a property is arrived at. In any case where the market value of real property is sought, that value must be based on its highest and best use. Highest and best use is always that use that would produce the highest value for a property, regardless of its actual current use. The Appraisal Institute of Canada defines the term highest and best use as: The reasonably probable and legal use of property, that is physically possible, appropriately supported, and financially feasible, and that results in the highest value. The Appraisal Institute defines highest and best use as follows: The