
ݮƵ-linked startups on track for billion-dollar annual revenues
Communitech report highlights Canadian companies with impressive growth
Communitech report highlights Canadian companies with impressive growth
By Jon Parsons University RelationsNine startups with links to the University of ݮƵ were named in a recent report tracking Canadian companies on their way to $1 billion annual revenues, including four companies that grew out of ݮƵ’s renowned entrepreneurship program and startup incubator Velocity.
“Canada’s tech ecosystem continues to evolve,” says Adrien Côté, executive director of Velocity. “Communitech’s report adds a new lens and reveals the depth of impact people from the University of ݮƵ make in Canada’s economy. Likewise, evolving the conditions that attract and support entrepreneurially minded people to ݮƵ continues to be our mission.”
ݮƵ’s distinctive innovation ecosystem encourages entrepreneurs by opening pathways from research to commercialization through incubators, corporate partnerships and a unique intellectual property policy that lets creators own what they invent.
The nine companies on their way to billion-dollar annual revenues with links to ݮƵ are:
Communitech partnered with well-known Canadian finance companies and business analysts to generate robust data for , which followed criteria related to annual revenue and year-on-year revenue growth.
Read more
Six new early-stage companies will join later-stage founders at Velocity’s incubator in downtown Kitchener
Read more
ݮƵ student startup Sway joins the Velocity Incubator
Read more
Architecture alumnushonoured for innovative techto reduce fashion's environmental impact
The University of ݮƵ acknowledges that much of our work takes place on the traditional territory of the Neutral, Anishinaabeg, and Haudenosaunee peoples. Our main campus is situated on the Haldimand Tract, the land granted to the Six Nations that includes six miles on each side of the Grand River. Our active work toward reconciliation takes place across our campuses through research, learning, teaching, and community building, and is co-ordinated within the Office of Indigenous Relations.