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WATERLOO: YOUR PARTNER
FOR INNOVATION
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A SNAPSHOT OF WATERLOO
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• Second-fastest growing tech talent market in North America.
• Three outstanding post-secondary institutions:
▪University of Waterloo
▪Wilfrid Laurier University
▪Conestoga College
TALENT
• Waterloo has the second-most start-ups per capita in North America
• Highest density of corporate innovation labs in the world
DIVERSE ECONOMY
• More than 150 research institutes in fields like automotive, manufacturing, security, and more
• Waterloo is the most patent intensive region in Canada
RESEARCH AND
DEVELOPMENTLOCATION
Proximity to large, international markets with strong business and transit infrastructure
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• Waterloo is 70 km (44 miles) from Toronto Pearson International Airport
• 90-min. flight to New York and Chicago, and 120-min. flight to Washington, D.C.
• Waterloo Regional Airport also services other U.S. and Canadian destinations
LOCATION AND PROXIMITY TO MARKETS
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GLOBAL ACCESS
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FTA Concluded or in force% of world GDP 62.5%Population(millions) 1,479
Negotiations Commenced % of world GDP 18.4%Population(millions) 1,969
Exploratory Discussions % of world GDP 6.7%Population(millions) 1,660
SHARE OF THE GLOBAL ECONOMY TO
WHICH CANADA HAS PREFERENTIAL ACCESS
Source: IMF, World Economic Outlook Database
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WATERLOO STARTUP FACTS
• 18.6% of Canadian tech founders hold a Waterloo degree
• 500+ startups in Waterloo
▪ In terms of early-stage funding per capita, Waterloo ranks highest in Canada, and 5th in North America
▪ One of our incubators Velocity is the most productive startup incubator in Canada
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WATERLOO’S TALENT PIPELINE
Second-fastest growing tech talent market in North America Source: CBRE Tech Talent 2017
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• Waterloo is 105 km west of Toronto, located along Canada’s 401 superhighway
• Access to over 200,000 tech workers and 15,000+ tech companies within a 90-min. drive
• Contains the two fastest-growing tech talent markets in North America: Toronto & Waterloo
• Second-largest tech cluster in North America ($332 Billion economy)
TORONTO-WATERLOO INNOVATION CORRIDOR
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UNIVERSITY OF WATERLOO
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“One of the world’s best technology schools”—New York Times
• Canada’s largest engineering school and the world’s largest concentration of computer science and mathematics students
• 15 engineering programs, with 9,500+ students
• Chariton School of Computer Science offers 70+ computer science courses
• #1 in Canada for employer partnerships, and #4 in the world
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WHAT IS
CO-OPERATIVE EDUCATION?
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TALENT PIPELINE – HIGH QUALITY, WORK-READY
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A HIGH-QUALITY EXPERIENCED WORKFORCE
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Highest quality tech talent in Canada
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WATERLOO: INNOVATION
LEADERSHIP
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WATERLOO’S INDUSTRIES AND CLUSTERS
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AUTOMOTIVE
ADVANCED
MANUFACTURING
BUSINESS AND
FINANCIAL SERVICES FOOD PROCESSING
INFORMATION AND
COMMUNICATIONS
TECHNOLOGY
CLUSTERS:
INDUSTRIES:
ARTIFICIAL INTELLIGENCE INDUSTRY 4.0 QUANTUM SECURITY
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STARTUPS & SCALE-UPS RESEARCH & INNOVATION HUBS
2nd highest density of startups in North America
ENTERPRISES
Leading world-class research centres Home to globally-recognized companies in Software, ICT and Advanced Manufacturing
TECH COMMUNITY POWERHOUSE
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WATERLOO’S AUTOTECH ECOSYSTEM
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ARTIFICIAL INTELLIGENCE ECOSYSTEM
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WATERLOO’S FINTECH ECOSYSTEM
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WATERLOO’S AEROSPACE & DEFENCE ECOSYSTEM
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QUANTUM ECOSYSTEM
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RESEARCH AND DEVELOPMENT
Over US $2.7 billion spent on R&D activities in Waterloo in the past five years
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UNIVERSITY OF WATERLOO
• Canada’s #1 Computer Science Program and #2 Engineering Program
• 12,000+ graduates per year across computer science, engineering and physics
• 3rd across Canada for with $230 million in sponsored research*
• Unique inventor-owned IP policy with more than 600 industry partnerships
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Inventor Owned Intellectual Property Policy• Researchers have no obligation to share IP with the
University
Philosophy:• Attracts high quality entrepreneurial researchers• Attracts high quality entrepreneurial students• Creates agile, portable intellectual property
Result:• Ideas flow more freely to the private sector• Fuels an innovative community• 2nd Highest concentration of startups in North America
INTELLECTUAL PROPERTY @ WATERLOO
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WATERLOO: $950-MILLION SUPERCLUSTER INITIATIVE
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As part of the federal government’s $950-million supercluster initiative, Waterloo will play a lead role in two superclusters in Canada:
SCALE.AI: defining a new, AI-powered global supply chain platform to make a profound impact in the retail, manufacturing and infrastructure sectors
ARTIFICIAL INTELLIGENCE
Next Generation Manufacturing Canada: driving collaboration between the technology and manufacturing sectors using IoT, big data,
sensors and intelligent machines
SMART MANUFACTURING
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INNOVATING IN WATERLOO
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Toyota Motor Manufacturing Canada started manufacturing in Waterloo Region in 1988. Recently, Toyota made a $1.4-billion expansion and a plan to assemble a new hybrid RAV4 and Lexus vehicles.
"Toyota Motor Manufacturing Canada has always had a strong partnership with the Canadian government. With 30 years of manufacturing experience, our success is a result of TMMC team members, who are known for their dedication, high levels of skill, and challenge mindset. We're aggressively adopting new technology and innovative processes to ensure our ongoing success."—Fred Volf, President of Toyota Motor Manufacturing Canada
8000 Employees across 3 plants
SUCCESS STORY:
TOYOTA MOTOR MANUFACTURING CANADA
Officials from Waterloo visit Japan to thank Toyota for their investment
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JAPANESE COMPANIES INVESTING IN THE CORRIDOR
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WATERLOO COMPANIES IN JAPAN
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• Acerta AI is working with Nissan to help with quality and maintenance prediction
• Clearpath Robotics has offices in Japan and supplies Toyota with robots for their operations
• Avidbots are in use all over Japan, including Kansai Airport
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WE CAN HELP YOU TO SUCCEED HERE
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Waterloo is built to help organizations across the globe to innovate – whether your need is:
• Academic Research• Research and Development• Corporate Innovation• Sourcing advanced technology
Waterloo has the innovation infrastructure to support you.
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HOW WATERLOO EDC CAN HELP
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Waterloo EDC will provide several key services that you will be able to leverage at no cost:
• Introductions into the community and to key stakeholders such as Communitech, Catalyst137, University of Waterloo, Research Centres, and local governments
• Assist with site selection, helping you find the most suitable office location to help grow your business in Waterloo
• Provide introduction to tech leaders and recruiters to help you hire top talent
• Introductions to legal, accounting, and tax connections to gather information and help you relocate to Waterloo
• Facilitate introduction to collaborative partnerships, professional events, and information exchange to increase your exposure into the region
• Assist with immigration needs as Waterloo EDC is a dedicated service channel partner for the Global Skills Strategy program to support fast-tracking tech talent into Canada
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Gavin FitzPatrickMarket Development Manager
[email protected] 519.502.7982
1.866.233.5133 ext. 600
/Waterloo EDC
CONTACT US FOR MORE INFORMATION
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