Communitech Presentation September 16
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Transcript of Communitech Presentation September 16
We help tech companies start, grow and succeed.
Why startups matter?
What do they do?
Why should we care?
Why startups matter?
Startup communities
retain talent.
Why startups matter?
Startups create jobs.
Why startups matter?
Startups solve
commercialization
challenges.
Why startups matter?
Startups solve
big-company problems.
Why startups matter?
Startups address
social issues in a way
big companies can’t.
Why startups matter?
Startups make us more
self-reliant as a nation.
Why startups matter?
Startups build
Canada’s brand.
Why startups matter?
Startups make us
proud & give us heroes.
Ingredients to build a strong startup ecosystem
Talent
Culture
Capital
Business Climate
Space, networks & programsmix
well
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 …
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.
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
Half a score, and seven years ago
The mission:
• More talent
• Higher profile for tech
• Better support for companies
• Government investment
The transformation
then (1997)
in total revenues
tech firms
employed
in invested venture
capital, private
equity and angel financing
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
Our mission
Communitech helps tech companies start, grow
& succeed.
The ecosystem approach
Everyone pulls together
Helping tech companies at every stage
The Communitech Hub
Tech for non-tech
Helping tech companies go global
Company creation & startup growth
now!
114
177
316
478502
2009 2010 2011 2012 2013E
1,585 new startups
Proven track record of growing big tech
enterprise
wireless
software
digital display
high performance
digital imaging
satellite
communications
EdTech & learning
logistics
technology
network policy
$15,384,688,000
8 of Canada’s largest tech companies
started, grew and are headquartered
in Waterloo Region
175
Disclosed combined revenues 2013
CountriesOperating in
Tech multi-nationals that have set up shop here
Running with the big dogs
The World’s Top 20
Startup Ecosystems
1. Silicon Valley2. Tel Aviv3. Los Angeles4. Seattle5. New York City6. Boston7. London8. Toronto9. Vancouver10. Chicago
11. Paris12. Sydney13. Sao Paulo14. Moscow15. Berlin16. Waterloo Region17. Singapore18. Melbourne19. Bangalore20. Santiago
Startup EcosystemReport 2012
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
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 Chryslerand Wayne Sales, Former CEO SuperValuand 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
A tale of two cities
We help tech companies start, grow and succeed.