Toronto University has generated 11 new startups in its business incubator, Creative Destruction Lab, from 15 teams that joined last autumn. Combined with the ventures who graduated in the Lab’s first cohort in June 2013, they have generated a total of $130m in equity value.

Ventures spend eight months in the incubator, where they regularly meet with a group of nine entrepreneurs who successfully created and grew scalable, technology-based businesses. During these meetings, the ventures set specific milestones – business and…