The Accelerator Centre announced today that it has been selected by the Canadian Association of Business Incubation (CABI) to join Canada’s Start-up Visa Program, which aims to assist foreign entrepreneurs establish businesses in Canada.
Gail Gillian-Bain, President of CABI, said, “The Canadian Association of Business Incubation (CABI) is excited to have the Accelerator Centre become one of the Start-up Visa Program designated organizations. The Accelerator Centre is a world-class facility that has had great success supporting some of Canada’s top talent.”
The Accelerator Centre is located within The David Johnston Research+Technology Park in Waterloo, Ontario, and was established to “accelerate the creation, growth, and maturation of sustainable new technology companies,” and also to “promote commercialization of research and technology rising out of academic institutions such as University of Waterloo, Wilfrid Laurier University, University of Guelph, and Conestoga College.” The Accelerator Centre launched in 2006 and has helped over 130 technology startups get off the ground, creating over 1,100 new jobs and generating over $350 million in revenue and funding.
In addition to today’s partnership, the Accelerator Centre also announced that three companies have graduated from its Accelerator Program: Bonfire Interactive, Eyedro Green Solutions and Plasticity Labs.