Spotlight on Waterloo: Mid-Sized City and Booming Tech Town
Steve Woods / Senior Director of Engineering & Engineering Lead - Google Canada
Avvey Peters / Chief Strategy Officer - Communitech
Martin Basiri / CEO and Co-Founder - ApplyBoard
Matt Rendall / CEO and Co-Founder - Clearpath Robotics
What does it take to transform a community into one of the top, globally recognized innovation centres of the world?
A flood of top quality talent streaming out of universities and colleges, combined with accelerators, incubators and community partners that uplift innovators to launch multinational, multi-billion dollar companies has forged a thriving tech ecosystem in one of Canada’s most prized mid-sized cities: Waterloo.
In this Spotlight, learn how Waterloo’s rich history as a manufacturing hub and tech town has made it one of the top draws for foreign investors to Canada.
- Waterloo is home to approximately 1,400 technology firms and its density as a mid-sized city allows for collisions and convergences that accelerate innovation.
- Waterloo has a dynamic, diverse and supportive business ecosystem with companies of all sizes in manufacturing, agriculture, finance, insurance and tech, among other industries.
- Waterloo’s academic institutions rank among the highest in the world, with particularly strong talent in business, artificial intelligence, mathematics, engineering and quantum computing.
- The federal and provincial governments provide programs, incentives and grants to foreign investors in the Waterloo region.
Watch or read the experts' full interviews
Big Tech in Waterloo Steve Woods Senior Director of Engineering & Engineering Lead - Google Canada “Waterloo is an international attractor of quantum computing talent, perhaps the single biggest in the world.” Supporting Waterloo's Innovators Avvey Peters Chief Strategy Officer - Communitech “Waterloo region has the second highest startup density per capita in the world.” Waterloo: An Entrepreneurial City Martin Basiri CEO and Co-Founder - ApplyBoard “Waterloo is a very entrepreneurial city and we have access to good talent.” Waterloo's Talent and Quality of Life Matt Rendall CEO and Co-Founder - Clearpath Robotics "The federal and provincial governments create programs that make Ontario highly attractive for FDI."
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