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Communitech Presentation September 16
- 1. We help tech companies start, grow and succeed.
- 2. Why startups matter? What do they do? Why should we care?
- 3. Why startups matter? Startup communities retain talent.
- 4. Why startups matter? Startups create jobs.
- 5. Why startups matter? Startups solve commercialization challenges.
- 6. Why startups matter? Startups solve big-company problems.
- 7. Why startups matter? Startups address social issues in a way big companies can’t.
- 8. Why startups matter? Startups make us more self-reliant as a nation.
- 9. Why startups matter? Startups build Canada’s brand.
- 10. Why startups matter? Startups make us proud & give us heroes.
- 11. Ingredients to build a strong startup ecosystem Talent Culture Capital Business Climate Space, networks & programs mix well
- 12. What we’ve learned in Waterloo Region now! It takes a community to build a tech company – pull together It must be founder-led Back the science AND back the entrepreneur Support tech companies at every stage: startup, scale-up, grown-up You’ve got to do it all …
- 13. Barn raisers to tech innovators Not afraid to roll-up our sleeves A long heritage of people that come together for the well-being of the community.
- 14. Street cred counts. Val O’Donovan COM DEV Satellite Communications Wes Graham Watcom C++ Compilers Fortran Frank Tompa Open Text Search Mike Lazaridis RIM Smartphones Arokia Nathan IGNIS LED Flat Panels Eric Migicovsky Pebble Wearables Stephen Lake Thalmic Biosensor Gesture Control Waterloo Region: home to visionaries
- 15. Half a score, and seven years ago The mission: • More talent • Higher profile for tech • Better support for companies • Government investment
- 16. The transformation in total revenues tech firms employed in invested venture capital, private equity and angel financing then (1997) now! $100M 50 1,800 $7M 2013 total revenues tech firms active startups new tech jobs (since `97) total investment capital in 2013 >$22B >1,000 641 30,000 >$99M
- 17. Our mission Communitech helps tech companies start, grow & succeed.
- 20. Helping tech companies at every stage
- 23. Helping tech companies go global
- 24. Company creation & startup growth now! 1,585 new startups 114 177 316 478 502 2009 2010 2011 2012 2013E
- 25. Proven track record of growing big tech enterprise wireless software digital display high performance digital imaging satellite communications EdTech & learning logistics technology network policy 8 of Canada’s largest tech companies started, grew and are headquartered in Waterloo Region $15,384,688,000 Disclosed combined revenues 2013 175 Operating in Countries
- 26. Tech multi-nationals that have set up shop here
- 27. Running with the big dogs 1. Silicon Valley 2. Tel Aviv 3. Los Angeles 4. Seattle 5. New York City 6. Boston 7. London 8. Toronto 9. Vancouver 10. Chicago 11. Paris 12. Sydney 13. Sao Paulo 14. Moscow 15. Berlin 16. Waterloo Region 17. Singapore 18. Melbourne 19. Bangalore 20. Santiago The World’s Top 20 Startup Ecosystems Startup Ecosystem Report 2012
- 28. What influencers & investors are saying… “Money is like gasoline during a road trip. You don’t want to run out of gas on your trip, but you’re not doing a tour of gas stations.” —Tim O’Reilly, Founder O’Reilly Media “There’s incredible technical talent. The University of Waterloo is mind-blowing. Talent appears to want to stay here, and I think they need more support in this community.” — David Cohen, TechStars “Something is going on in Waterloo, because the applications we get from Waterloo students are better than those we get from students of any other university.” — Paul Graham, Y Combinator
- 29. What influencers & investors are saying… “There are a lot of winners in this room. We’ve already invested in some of the startups we met with this morning.” --Roger Penske, CEO Penske Corporation with Tom LaSorda, Former CEO Chrysler and Wayne Sales, Former CEO SuperValu and Canadian Tire – IncWell “The energy level is off the charts. You’ve got a very nice blend of different things in a very dense area that’s well done.” - Brad Feld, Foundry Group “To actually see what’s going on here, it’s impressive, and it’s certainly not something I’m going to forget anytime soon.” - Alexis Ohanian, Reddit
- 30. A tale of two cities
- 31. We help tech companies start, grow and succeed.
Editor's Notes
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- We were a very different regional economy 15 years ago Faced similar challenges to other communities in the Province and across the Country and in the world
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.
- We were a very different regional economy 15 years ago Faced similar challenges to other communities in the Province and across the Country
- A community where entrepreneurship is valued and encouraged
- We were a very different regional economy 15 years ago Faced similar challenges to other communities in the Province and across the Country and in the world
- 28 hubs and accelerators from the entire nation – startups pilgrimage to success goes through Waterloo Region Canada’s tech mecca - connecting the nation
- We were a very different regional economy 15 years ago Faced similar challenges to other communities in the Province and across the Country and in the world
- A community where entrepreneurship is valued and encouraged
- We were a very different regional economy 15 years ago Faced similar challenges to other communities in the Province and across the Country and in the world
- We were a very different regional economy 15 years ago Faced similar challenges to other communities in the Province and across the Country and in the world
- Also home to Manulife Financial and Sun Life Finanacial
- Also home to Manulife Financial and Sun Life Finanacial
- We were a very different regional economy 15 years ago Faced similar challenges to other communities in the Province and across the Country and in the world
- The ecosystem can grow companies into multinationals from Branham report 2013 In thousands (000) $11,777,243 BlackBerry Canada’s largest tech company $1,363,336 OpenText Canada’s largest software company $541,596 Christie Canada’s largest digital display company $251,049 Teledyne DALSA Market leader in high performance digital imaging $203,195 ComDev Canada’s largest satellite company $134,953 Descartes Canada’s largest logistics technology company $113,316 Sandvine Canada’s largest network policy company ?? D2L Canada’s largest EdTech company
- Also home to Manulife Financial and Sun Life Finanacial
- Waterloo + Toronto = supercluster easily #2 behind SV (see hidden slide for details on similarities and comparisons between SV Density is incredible – small nimble with a chip on our shoulder toronto #8, vancouver #9, waterloo region #16
- On Waterloo On support, funding On how funding should be available
- On waterloo On culture and density On startups and innovations
- If you are from this region, you have likely heard reference to barn building or barn-raising. It’s the idea of collaboration rooted deeply within our roots. Just as back when a whole community would come together to build a barn, that sense of teamwork still exists here today when it comes to the wellbeing of our community.