Waterloo EDC Blog

The University of Waterloo (UWaterloo) is the largest of our community’s three post-secondary institutions and has a well-deserved reputation for churning out some of the world’s most talented computer science and engineering graduates.

The New York Times has called it “one of the world’s top technology schools,” and The Wall Street Journal has noted that the “school’s graduates are the...

Quantum Benchmark, a Waterloo startup launched in 2017, is getting ready to power the age of discovery about to be unleashed by quantum computers.

The company now employs 14 people and is part of Waterloo’s vibrant and growing cluster of quantum computing companies.

...

There was a lot of exciting news in Waterloo over the last month, including multiple major government funding announcements, significant news about Toyota’s manufacturing plans and reporting on a US tech exodus to Canada.

Here are nine great business and investment stories:

Last week, the Canadian federal government announced funding for four Waterloo-based quantum technology businesses and organizations totaling $41 million. Delivered through the Strategic Innovation Fund, this money further strengthens Canada’s position in the world of quantum computing and machine learning and further affirms Waterloo’s nickname “Quantum Valley.”