‘Edmonton Unlimited’ showcases limitless innovation, growth and investment opportunities for local innovators, Canadian Business Journal

EDMONTON, Sept. 29, 2022 (GLOBE NEWSWIRE) — Today, the city’s innovation agency is ‘Edmonton Unlimited’ to better reflect, accelerate and inspire innovators of all kinds. From the thorny problems that local businesses and higher education institutions solve to the smart people who solve them, Edmonton is known for breaking down barriers defined by the relentless pursuit of risk, and has done great things. has been praised for

Catherine Warren, CEO of Edmonton Unlimited, said: “It reflects the influence and aspirations of local business leaders, expands public awareness of innovation, and charts a path for new startups, capital attraction, international recognition, relationships and profits.”

By dreaming big and partnering with other innovative capital, global markets and high-impact investors, Edmonton already delivers solutions that meet global demand. Now is the time for this organization, Edmonton innovators and our city residents to seize this bold identity and drum for local innovation.

Take a look at the work of the TELUS Community Safety & Wellness Accelerator, partly funded by Edmonton Unlimited. Based in Edmonton, the first-of-its-kind accelerator will support ventures that leverage artificial intelligence and machine learning to make a positive impact on society.

Ashif Mawji, Chairman of the TELUS CSW Accelerator and Edmonton Police Foundation, said: “Founders who join will have access to cutting-edge programming and collaboration with local organizations to create solutions to global challenges and improve the lives of the people of Edmont and around the world.”

“We are a city of innovators tackling global challenges, delivering solutions where international markets demand and smart investors want to put their capital,” said Warren. “We are not only a global leader in fundamental and mission-critical technologies such as artificial intelligence, but we are also committed to continuing to transform the energy sector, shaping culture, sports, urban planning and virology with our Edmonton ingenuity. and define digital education.There are few strengths on our bench.”

Over the past five years, the Edmonton region has generated 25% of all net new jobs in Canada. In 2021, our city was named the fastest growing tech sector in North America. And since 2020, the value of our ecosystem has increased by 236%. This kind of growth is a sign of our city’s drive, talent, and incredible potential. Edmonton Unlimited activates and unlocks something.

From July 1, 2021 to June 30, 2022, Edmonton Unlimited supported 2,577 founders and companies through our free Startup and Scale-up program. Of these, startup members received his $2.7 million investment, over $1 million in grants, and achieved 32% employee growth since 2020. The Propel program graduate received a $14 million investment, a $1 million grant, and a 105% increase in employee numbers in two years.

We have achieved several strategic milestones in our first 18 months of operation.

• It highlights Edmonton’s reputation for inclusive innovation and tackling global challenges.
• Growth through the integration of Startup Edmonton, TEC Edmonton and the Edmonton Regional Innovation Network.
• The launch of a new municipal accelerator fund, including bringing three Silicon Valley accelerators to Edmonton, and the rollout of a new pre-accelerator Alberta Catalyzer, are all aimed at helping entrepreneurs .
• Unlock Capital City Pilots, an exciting municipal procurement experiment, giving local innovators the opportunity to transform city-owned assets and gaining powerful case studies for investment attraction and business development. increase.
• A new urban innovation destination, we are revitalizing a vital corner of downtown and preparing to open new homes that are sustainable, accessible, street level and welcoming to all.When
• Significant funding from three government mandates that underpins our strategy and programs every step of the way.

Edmonton Unlimited invites all Edmonton-based innovators and investors to the table to provide support every step of the way, from idea to seed to growth, through an interconnected network of tools, programs and experts. . Edmontonians will soon see ‘Edmonton Unlimited’ at the newly renovated corners of 101 and Jasper Avenues, as well as digital installations at YEG International Airport.

Edmonton Unlimited: Innovation from here to the world. See where we’re going with our journey so far at EdmontonUnlimited.com.

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“With this new identity, Edmonton Unlimited further positions our city as a global innovation hub. Edmonton Unlimited has resources for you.Today’s announcement reflects our vision for the future of our city, built on bold ideas and entrepreneurial spirit.” – Honorable Randy Boissonault, Tourism Minister and Deputy Minister of Finance, Member of Parliament for the Edmonton Center

“The world recognizes the growth of Edmonton’s technology and innovation sector, and Edmonton Unlimited embraces the potential of the future. I am an innovator and entrepreneur, and I am very much looking forward to all the good news and solutions that Edmonton Unlimited has to offer in the years to come.” – Honorable Tanya Farr, Minister for Jobs, Economy and Innovation

“I love Edmonton Unlimited! The name is the perfect blend of a more holistic view of innovation, a sense of global potential, yet ties it to a geographic region. I am thrilled to be joining this new chapter.The possibilities are… endless.” – Connie Stacy, President and CEO of Growing Green Innovations and the Edmonton Unlimited Innovation Growth Council

• Edmonton Unlimited
• Edmonton Unlimited CEO

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