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
Frederick Banting and Labrador is a museum named after him which focuses on the circumstances surrounding the 1941 plane crash which claimed his life. The crater Banting on the Moon is also named after him for his contributions to medicine. During the voting for "Greatest Canadians" in late 2003, controversy rose over the future use of the Banting family farm in New Tecumseth which had been left to the Ontario Historical Society by Banting's late nephew, Edward, in 1998. The dispute centred on the future use of the 40 ha (100 acre) property and its buildings. In a year-long negotiation, assisted by