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KW Launches New Tech Community Hub, Waterloo Inc

Innovation | Dec 14, 2023

Betakit KW WINC Launch Event Dec 13 2023 - KW Launches New Tech Community Hub, Waterloo Inc

Source: Betakit

New Community Building Platform, Waterloo Inc, Launches in Kitchener-Waterloo

As reported by Betakit, a significant development in the Kitchener-Waterloo tech scene is the launch of Waterloo Inc. (WINC), a new platform aimed at fostering community-building and innovation economy discussions. This initiative, developed in collaboration with the Medical Innovation Xchange (MIX) and Catalyst Commons, represents the first chapter of the Innovator Network of Canada (INC), a response to the demands of the Council of Canadian Innovators (CCI) members.

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WINC's launch event, attended by approximately 150 people, including the mayors of Kitchener and Waterloo, signifies a concerted effort to address a community gap identified since the COVID-19 pandemic. Armen Bakirtzian, CEO of Intellijoint Surgical and co-founder of MIX, emphasized the region's historical strength in local collaboration, which he believes is crucial for the economic prosperity of the area.

The platform aims to unite CEOs and founders with a shared focus on the region's economic well-being. Ben Bergen, president of CCI, highlighted WINC's role in enabling Kitchener-Waterloo tech entrepreneurs to connect, contribute to their communities, and guide the local economy. The broader goal is to expand INC across Canada, creating a national network of local tech community groups.

Why It's Important

The establishment of Waterloo Inc. reflect a dynamic tech ecosystem adapting to post-pandemic realities and seeking to maintain its edge in the global tech landscape. The focus on local collaboration and community-building, coupled with cutting-edge technological advancements, positions the region as a hub for both economic growth and technological innovation.

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For businesses and entrepreneurs, these initiatives offer new opportunities for networking, collaboration, and access to emerging technologies. The emphasis on local community strength and innovation could attract more investments and talent to the region, further solidifying its status as a key player in the Canadian and global tech sectors.

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