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Wat up? WatITis. I am a believer in momentum . Lance Armstrong (1971 -) Seven-time Tour de France champion Cancer survivor. “. ”. Tech matters. Revenues ($ billion). GDP ($ billion). R&D ($ billion). Exports ($ billion). Employment (000’s). ICT. 130. 57.0. 5.2.
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I am a believer in momentum. Lance Armstrong (1971 -) Seven-time Tour de France champion Cancer survivor “ ”
Tech matters Revenues ($ billion) GDP ($ billion) R&D ($ billion) Exports ($ billion) Employment (000’s) ICT 130 57.0 5.2 28.1 565.4 Aerospace & Defence 22.0 9.2 1.0 16.6 79.0 Automotive* 118.6 19.4 0.3 90.9 331.4 Revenues $130 billion Employment 565,900 GDP (2004)* $57.0 billion Share of GDP 5.4% R&D (2004 Intentions) $5.0 billion Share of private sector R&D 40%
Why matter? The world is Flat…Evening light emissions are spreading
But the spread of Global Innovation Relevance is not “Flattening” Scientific citations are very concentrated
Success is… Culture Brains Money • Capturing disruptive IP and “productizing” it • Creating new ventures – start and grow companies • Supporting R&D, Entrepreneurs, & risk-taking behavior • Results • Demand-based, outward-focused innovation • Increased Speed • Improved Scope • Scalability • Multi-dimensional innovation New Approach = = Resources/Networks
Some of the best and brightest… COM DEV Space Components Open Text Document Management Unitron Hearing Aids DALSA Cameras RIM BlackBerryTM Christie Digital Projectors the world has ever known
Waterloo Region is chockablock with tech. It crawls with many successful and serial entrepreneurs. What makes Waterloo Region tick, and what can the rest of us learn from it? Leaders should look under the skin at Waterloo Region, a case study for the world of tomorrow. David Ticoll, The Globe and Mail “ ”
Welcome to our tech neighbourhood More than 400 tech firms…
So what do we know? Our tech companies are independent, entrepreneurial and home-grown Serial entrepreneurs
So what do we know? Tech leaders project 25% revenue growth It’s all about growth
We’re growing: more tech firms Growth of tech firms 2004-2007
Diversity across Waterloo Region 62% ICT 14% R&D 13% Advanced Mfg 11% Life Sciences 38% Waterloo 22% Kitchener 21% Cambridge 19% Guelph
Waterloo Region tech bytes • ½ million people • 274,000 labour force • Diverse, quality-oriented • Manufacturing, tech, financial, advanced manufacturing, & commercial services • Strong cultural and historic roots • $12 billion revenue tech sector
Well, we’re making magic Tech Directory Incredible invested venture ratio & a red hot acquisition market In-depth Tech Cluster study
This is an increasingly fascinating region… I’ll just say this… watch it grow… Paul Wells, Macleans magazine “ ”
Communitech is… the strategic rallying point for the Waterloo Region tech sector. • Lead on critical issues • Connect people, ideas and resources • Promote opportunities
What we do Vision • Communitech is an industry led organization dedicated to developing the Waterloo Region into a Tier-One tech cluster in North America Mission • We help tech companies start, grow and succeed
Enterprise level focus Start-ups: Entrepreneurial programming Small to medium: Commercialization Medium to large: Exporting focus/Public Policy All: Talent recruitment Workforce development Advocacy & promotion Enterprise
What we do • Workforce development programs • Industry education programs • Entrepreneurial venture support programs • Special events • Communication programs • Public policy & advocacy • Forge vital partnerships
A life cycle of workforce development College/ University Students Start-up/ Commercialization/ Entrepreneur Small-Medium Enterprises (SMEs) Secondary Students Medium Firms Large Firms Intensification of workforce development demand Career Exploration In STEM Coop placements, Recent Grads High needs, Specific key roles, No dedicated HR Rapid growth, diverse positions Key executives Internal Retention, Churn Communitech Initiatives Coop & Campus Career Fairs Recruiting, Retention Curricula for HR Professionals HR Net Target: Alumni, Canadian Expats, Immigrants Advocacy TechVibe, Boomerang & cooperative recruiting events, Waterlootechjobs.com, Relocation Guide Referral Programs (Spousal, Displacement) 3rd Party Recruiters (Workopolis, Monster) Waterloo Region Immigrant Employment Network BEP Programs Alumni/ Career Services Liaison
Canada Day in Silicon Valley Recruit! Recruit!
Business and Education Partnership of Waterloo Region
Monthly events Titan Corporate Partner Speaker Series - TechWorking Breakfasts • Best Practice workshops – Chasm Group, Pragmatic Marketing, Gazelles Inc, TopGrading
Peer2Peer groups • CEO, IT, Finance, Marketing, Sales, etc, etc. • Over 25 on a monthly basis
Special events • Tech Leadership Conference • Entrepreneur Week • CEO Dinner • Golf Tournament • Communitech Connect: New and Renewing Members • Business & Education Partnership events • Annual General Meeting
Entrepreneur and Venture Services • Business Advisory Services • Investment Readiness • WatStart -- www.watstart.com • ViaTech & BarCamps • Executives in Residence • Carol Leaman • Ron Neumann
Communications and promotion • Eblast – weekly communications to 4000+ • Communitech.ca • Annual Listening Survey & focus groups • The Record monthly advertising campaign • Tech from the Top – the 570News Communitech Minute • Media releases, news articles, editorials • Publications • Communitech Wall of Heroes
Public policy & advocacy • Commercialization funding • Homeland security & US policy • Open doors for technology companies looking/needing to access government programs: • Employer Health Tax • Property Tax • Employment Standards Act
Vital partnerships Government Business Associations
Vital partnerships Innovation orgs Education Research/ Commercialization
Our Members tell us What is the top Communitech Membership benefit? Networking is, far and away, the top Communitech Member benefit
Our Members tell us Rating Communitech’s overall performance in 2005/2006: 89% believe Communitech does a great job 50% said Communitech’s performance has continually improved
Our Members tell us How likely would you recommend Communitech Membership to other business?
Things you can do right now • RSVP for upcoming Communitech events you won’t want to miss at communitech.ca • Get a free breakfast on December 12th -- and every month • Signup for the Tech Conference on May 1st. • Post a job on waterlootechjobs.com and peruse job candidate profiles • Sign up for Peer2Peer groups – more than 25 professional groups to choose from • Come out the CIO Conference for IS/IT teams on February 27th • Tell your friends about getting involved with Communitech • Call us! If there is anything we can do to help!
Waterloo Region is a powerful magnet for the world’s finest technical and entrepreneurial talent. Our best days -- are still ahead of us. Mike Lazaridis, co-CEO and Founder, Research In Motion (RIM) “ ”
Thanks! Communitech: Waterloo Region Technology Association Iain Klugman 519-888-9944 tel www.communitech.ca