Waterloo EDC Blog

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. 

From May 21-23, the tech world will converge in Toronto for the Collision Conference. With more than 25,000 attendees representing business decision-makers from global tech behemoths and emerging tech companies alike, it is North America’s fastest-growing tech conference.

Collision is also taking place right next to one of North America’s hottest tech hubs: Waterloo.

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.”