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Cluster Update

Cluster Update. Driving dynamic growth and success for Waterloo Region technology companies. Toronto, Ontario May 5 th , 2005 Iain Klugman. In case you did not know…. Waterloo Region is the Entrepreneur capital of Canada! And we’re growing!. Grass roots perspective. Waterloo Region:

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Cluster Update

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  1. Cluster Update Driving dynamic growth and success for Waterloo Region technology companies Toronto, Ontario May 5th, 2005 Iain Klugman

  2. In case you did not know… • Waterloo Region is the Entrepreneur capital of Canada! • And we’re growing!

  3. Grass roots perspective • Waterloo Region: • Over 400 tech companies – 20,000 employees -- $6B impact • History of Entrepreneurs going back 100 years – latest crop tech leaders • University of Waterloo accounts for 22% of commercialization that happens at ALL universities across Canada • Dedicated VC’s, Angel Org, Incubators – community that gets behind start-ups • Entrepreneurial, Connected, Diverse

  4. Few homegrown companies…

  5. Who we are • Communitech is a member-based organization driving the dynamic growth and success of Waterloo Region tech sector. • Bottom-line: We help tech companies grow and succeed!

  6. Our history • Established in 1997 to represent a handful of tech companies – started as a ‘peer group’ • Now with over 350 member organizations representing more than 25,000 employees • Dedicated to developing the tech community in Waterloo Region into a Tier One tech cluster

  7. Our approach Lead: • Communitech is an active and effective driver on issues critical to the growth and success of Waterloo Regions tech sector. Connect: • Well-informed and always networking, Communitech is the go-to information hub for members. Promote: • Keenly aware of issues and opportunities, Communitech advocates for both the tech sector and Waterloo Region as a world class centre of technical enterprise.

  8. Enterprise level focus Start-ups: Entrepreneurial programming Small to medium: Commercialization focus Medium to large: Exporting focus/Gov Relations All: Talent recruitment Workforce development Advocacy Networking

  9. So, what are the issues from our perspective? Gaps… -- Financial -- Cultural • -- Skills

  10. Our focus Build capability in tech business • Collaborate by bringing a “value chain” perspective • Broker expertise thru coaching • Partner with the universities to “pull” technology (as apposed to tech transfer) • Work with over 60 start-ups and early stage companies annually • Help Gazelles “graduate” to the next level • Support global enterprises

  11. News – We’re growing! • Full-chain in place with PI • Universities continue to grow and win • Bio-Tech • Guelph connections • Venture support and growing small companies • Tech Cluster Research Project with MEDT and IC • University focus on understanding and development • Accelerator Center • Partnerships work – OCRI, ITAC, CRITA, YTA, etc., etc., etc.,

  12. Thank You Iain Klugman, President COMMUNITECH TECHNOLOGY ASSOCIATION INC. 57 Erb Street West WATERLOO, ON N2L 6C2 (519) 888-9944 X22 Iain@communitech.ca

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