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Waterloo EDC Blog

MasterClass opening new engineering HQ in Waterloo

Posted by Waterloo EDC on June 8, 2021

MasterClass, a high-profile American streaming platform, has announced plans to launch a new engineering headquarters in Waterloo. This will be their first expansion outside of the US.

With a new $225M Series F raise in the books, MasterClass is advancing strategic initiatives including increased content production, international expansion and the launch of a new Enterprise business. This...

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Topics: technology, talent, business, site selection, education

Mapped: North America’s top clusters

Posted by Waterloo EDC on June 2, 2021

In the first half of 2021, Waterloo EDC put a focus on using data to identify cluster strength. The presence of a cluster is shorthand for all sorts of business advantages: access to talent, access to partners/customers, access to research capacity, etc.

There’s a reason you find lots of tech workers in Silicon Valley, lots of movie sets in Georgia, lots of oil production/processing in Texas...

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Topics: manufacturing, business, site selection

Mapped: North America’s Top Finance and Insurance Clusters

Posted by Waterloo EDC on May 20, 2021

This article is part of a series that looks at the highest-density clusters in North America. This series will include entries on technology, advanced manufacturing, business services, life sciences, creative industries and food and beverage.

For many companies, business expansion is a strategic move to fuel innovation, reach new customers and establish international credibility. The difficult...

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Topics: financial services, business, site selection

Mapped: North America’s top food and beverages clusters

Posted by Waterloo EDC on May 6, 2021

This article is part of a series that looks at the highest-density clusters in North America. This series includes entries on technology, advanced manufacturing, business services, life sciences, creative industries and finance and insurance.

There are several important factors when choosing a location for business expansion. From the availability of high-skilled talent to the overall cost of...

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Topics: manufacturing, business, site selection

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