Waterloo EDC Blog

The automotive sector, a major of driver of economic prosperity in North American communities, has been evolving with technological change ever since the first mass produced cars came off the assembly lines in the early 20^th century.

But now, the pace and the type of change is nothing short of revolutionary.

A new report from Startup Genome called the Global Startup Ecosystem Report for 2019 has highlighted the Toronto-Waterloo Corridor’s steady ascent as a tech startup powerhouse. For the first time, Toronto-Waterloo cracked the world’s top 15 ecosystems, and was crowned Canada’s top startup ecosystem.

Here are the top 15 ecosystems from the 2019 Global Startup Ecosystem Ranking: 

A new article from Forbes shines a spotlight on Max Rhodes and his ascendant tech company, Faire. This wide-ranging piece, written by tech founder and startup fundraising guru Alejandro Cremades, touches on the many reasons Rhodes was able to build a $500 million business in just 24 months.

One section, in particular, caught our eye. 

If you’re in the automotive or autotech industries, innovation is the name of the game. Having the right ecosystem around you to fuel your research, talent and expansion needs can put you ahead.

Waterloo has one of the world’s deepest automotive research and development ecosystems. Our expertise runs from autonomous vehicles and intelligent systems to prototyping, software and automated...