Waterloo EDC Blog

Tech innovator IMS announces big growth plans in Waterloo

Posted by Waterloo EDC on August 28, 2020

What a difference two years make.

In September 2018, IMS – an autotech innovator specializing in connected car technology – was placed in receivership. A few months later, the company emerged from receivership with a new owner: Trak Global Group from the United Kingdom.

This week, the company announced plans to double its workforce in Waterloo. IMS currently has 70 employees in Waterloo, which...


Topics: technology, automotive, talent, business

5 Charts: Waterloo vs. Columbus

Posted by Waterloo EDC on August 26, 2020

This is part of a Waterloo EDC series called “5 Charts: Waterloo Versus” that compares our community with some of American’s top tech hubs, including Austin, Texas; Pittsburgh, Pennsylvania; Phoenix, Arizona; Salt Lake City, Utah and Detroit, Michigan. 

We often compare Waterloo’s exceptional tech credentials to other major cities in Canada like Toronto and Montreal, and major US tech hubs like...


Topics: technology, talent, business, artificial intelligence, site selection

Odyssey Interactive’s startup journey begins in Waterloo

Posted by Waterloo EDC on August 21, 2020

A new video game startup, Odyssey Interactive, has launched in Waterloo with $7.9M in seed financing.

The new company will develop mobile gaming experiences that create a sense of community and purpose for players along the same lines as break-out successes like League of Legends and World of Warcraft. The company has strong experience with creating these experiences – all four founders...


Topics: talent, business, site selection, Q&A

How do I evaluate a community's existing workforce?

Posted by Waterloo EDC on August 19, 2020

This is the eighth part in our "Guide to Foreign Business Expansion" series tackling the 12 questions every business needs to ask. Download the full guide now.

While a talent pipeline is increasingly important in a world where talent competition is more heated than ever, an existing pipeline is crucial to making your expansion a success.

When expanding to a new community your company’s initial...


Topics: talent, business, site selection, Q&A

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