Are you a startup founder interested in building your life and business in Canada? 🇨🇦 Canada's thriving tech hubs offer a fertile ground for innovation and growth, making it an ideal destination for launching your startup. From Toronto's bustling fintech scene to Vancouver's vibrant tech community and Montreal's creative hub, Canada's cities are brimming with opportunities for ambitious entrepreneurs. 🌟 At Enfinia Growth Partners, we're excited to introduce our Start Forward program, which includes the Canadian Visa Program for Startups. We streamline the Canadian visa application process for startups, providing guidance and support to access the resources and opportunities available in the vibrant Canadian ecosystem. Join us and take advantage of Canada's dynamic tech landscape, rich with talent, funding opportunities, and a supportive community. Let us help you turn your innovative ideas into a successful venture. 🚀 #EnfiniaGrowthPartners #StartForward #CanadianStartups #Innovation #TechHubs #Entrepreneurship #VisaProgram #BusinessGrowth #StartupLife #CanadaTech #Toronto #Vancouver #Montreal 4o
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The 2024 Global Startup Ecosystem Index Report by StartupBlink offers a deep dive into the hottest startup hubs worldwide. What's inside? >Top countries and cities for startups, including rising stars in Africa. >Key trends shaping the global startup landscape, like the dominance of Fintech and the rise of remote work. >Inspiring examples of startups and investment deals across the globe. Is your city a top contender? #Startups
Global Startup Ecosystem Index Report 2024: Where is Africa?
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In the face of a challenging global economic climate, the resilience and adaptability of startups are more crucial than ever. Canada has over 3,000 startups, with the majority located in the Toronto-Waterloo area- Hub for start ups. It’s worth noting that only 10% of startups succeed, underscoring the competitive and challenging nature of establishing a successful startup. A report from Tracxn, a research platform, found that as of early December 2023, funding for Canadian tech startups for the year totaled $4.4 billion, a 45% drop from the $8 billion raised in the same period in 2022, and a 67% drop from the $13.5 billion in 2021.While these figures may seem daunting, they also present an opportunity for startups to refine their strategies, focus on sustainable growth, and seek innovative pathways to success. For startups looking to thrive amidst economic shifts, robust research methodologies can illuminate the path to success. At CulturalIQ , we believe in the power of data-driven decisions and strategic planning. Our platform provides the insights and tools necessary for startups to navigate these turbulent times and emerge stronger. For more information, Visit us @ https://culturaliqintl.com
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VERY INTERESTING ARTICLE ON THE STARTUP WORLD!!! The World's Top Tech Hubs: San Francisco Leads the Pack in Startup Dominance The analysis by PitchBook ranks the top 20 global cities for startups based on metrics like funding, deals, and exits over a 6-year period. San Francisco comes out decisively on top, raising over $427 billion in capital with nearly 20,000 deals. Home to giants like OpenAI. New York City takes second place with almost $180 billion raised and 13,594 deals. Major startups like Gemini originated here. Asia is represented by Beijing, Shanghai, Shenzhen, Seoul, Hangzhou, Guangzhou, and Tokyo in the top 15. Government funding is driving hard tech startups. Outside the US and Asia, London and Tel Aviv rank highly at #7 and #18 respectively. #Toronto does not make the top 20, indicating Canada's startup scene has room to grow relative to major global hubs. The data illustrates that Silicon Valley maintains its startup crown but competition is heating up worldwide. #SRED #startups #innovation #Grants #fundingexpert #JonIrwin Craig Major Danielle Brewin Graham Simba Wakatama Jason Goldlist Alex Norman Startup Canada Startup Ecosystem Canada
Ranked: The Top Startup Cities Around the World
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🚀 Exciting news for the Montréal startup scene! Startup Montréal has rebranded to Québec Tech, with a new focus on helping local tech companies scale internationally. Backed by $7 million CAD from the Québec government, Québec Tech is ready to support high-potential startups with international launch strategies, visibility, and networking opportunities. 🌐💡 "We need to be more organized and ensure our entrepreneurs are well-supported," says general manager Richard Chénier. The transition aims to make Québec a global player in the tech industry, inspired by successful ecosystems like France's French Tech. What are your thoughts on this rebrand and its potential impact on the Québec tech scene? Share your opinions in the comments below! 💬👇 #QuébecTech #StartupMontréal #TechNews #Innovation #Startups #GlobalExpansion #TechEcosystem #MontréalStartups #QuébecStartups #InternationalGrowth #TechCommunity
Startup Montréal touts international vision with rebrand to Québec Tech
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Europe's focus on knowledge over passion, risk-aversion, slow decision-making, and the stigma around failure limit its entrepreneurial potential. In contrast, Silicon Valley thrives on a dynamic culture of risk-taking, rapid collaboration, and networking, where failure is viewed as a stepping stone. To unlock its potential, Europe must embrace a more fluid, innovative mindset that encourages big thinking, faster decision-making, and a supportive startup culture.
Europe is NOT that attractive for startup investors. Despite all the talents and great education. I lived in Silicon Valley / Stanford. Now, I live in Zurich (Switzerland). 📍My thoughts: 1. Education in Europe excels at giving knowledge. But NOT in: - Emphasizing importance of passion & big goals - Encouraging to take risk - Training soft skills All of this is key for startups. If students don't learn to think big, they can't become big founders. 2. In Europe, people avoid risk. Students rarely dream about disrupting the world. Very few want to make startups. Very few would enjoy taking risk. Unlike Stanford, where every second student wants to try. 3. In Europe, people are not ready to commit fast. Everyone needs 'an executable 5-year plan'. Small decisions are made only after a big 'committee' is assembled. People seem to enjoy the process much more than the outcome. In Silicon Valley, people jump to decisions very quickly. They agree to meet, collaborate and contribute VERY quickly. This makes the interactions between founders, funders and experts smooth and fast. 4. Silicon Valley has an IMMENSE number of events for founders. This makes a BIG difference when you want to hang out among the like-minded. Share experience. Help each other. Build network. This is especially important for young founders (<25 yo), who need a support network and societal encouragement. In Europe, events are relatively rare. I don’t feel this ‘culture’ of startups. I see founders but I don’t see the culture. (Maybe I am just blind?) 5. Silicon Valley is full of chaos. This chaos welcomes EVERYONE. It helps people find their own niches, connections, approaches, shortcuts, etc. It also makes the society much more dynamic. In Europe, chaos is evil. It goes against regulations, hierarchies and traditions. Generally, Europeans prefer 'Order' (Ordnung in German). However, startups NEED chaos. A great startup city is like a boiling pot. 6. In Silicon Valley, failure = experience. VC firms are fine with losing money. This is the point of venture funding. Startups are NOT small companies, they are SUPPOSED to be failing and losing money unless they find the right business model. In Europe, failure = failure. You're a bad founder if your startup fails. No one will be motivating you to make another startup. 7. Regulations & laws in Europe can impede your progress. They are made with a focus on public welfare and not quite on individual capitalistic gains. 📍It does NOT mean you can’t build a great startup in Europe. You definitely can. Just be prepared for a different mindset. Europe has a huge potential. It has an immense pool of talents. It has infrastructure and education. But the “European Google’ or “Euro OpenAI” is still far from reality. And this is very sad. p.s. Do Londoners feel like part of Europe today? #research #startup #university #europe
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So, The Tech Atlantic series kicks off today. Yaaayyy! I'm so excited to dive into the vibrant tech scene in Atlantic Canada with you all! We'll explore different aspects of this thriving community starting today and every Wednesday. And to kick things off, we're starting with a bang—let's talk about the incubators and accelerators fueling our startup landscape. Sounds awesome, right? According to the Global Startup Ecosystem Index 2024, Canada is ranked 4th worldwide and 2nd in North America for startups. That's huge! No wonder many entrepreneurs are flocking to Atlantic Canada, where innovation meets opportunity. So, what's the deal with incubators and accelerators? Incubators help early-stage startups by providing them with resources, mentorship, and space to grow. On the other hand, accelerators focus on rapidly scaling these businesses through intensive programs and connecting them with investors. Here's a list of some of the Incubators and Accelerators in the Atlantic Region: Newfoundland and Labrador: Genesis Center The Navigate Business Incubator Memorial Center For Entrepreneurship Lab2Market Nova Scotia: Volta Invest Nova Scotia CEED Ready2Launch Mashup Lab Build Ventures CDL-Atlantic Lab2Market New Brunswick: The Summer Institute Planet Hatch The Venn Garage Energia Ventures Pond-Deshpande Centre Prince Edward Island: The Startup Zone Propel EmerGence Incubator Atlantic Region: Foresight Canada Bonus Resources: Google for Startups Canada The Canada-India Acceleration Program Futurpreneur Canada - For Black and Indigenous Entrepreneurs So, that's it for today. Next week, we'll look deeper into each of these key players. Remember to share and engage. Have you had any experience with these incubators or accelerators? Which ones stand out to you, and why? I'd love to hear your thoughts, so drop them in the comments—I can't wait to chat with you! Till next week, see ya. #tech #canada
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I totally agree with Andrew on this. You feel the environment, you feel the energy! The only thing I would change in this post is to put regulations first in the order! Too much regulations is lagging European countries behind. I think it is a bit sad that politicians don’t see that in a blink of an eye power dynamic between countries might change. Now you are strong and rich, and you can set a lot of regulations for “protecting” your people’s rights. With this trend, no company and investor comes to your country. Then the economy declines. Then you may not have that much power to impose any regulations in the near future. Then you may end up not being able to “actually” support your people because the power has shifted. I hope I am wrong and I hope this is not the future of Europe. Too much talent, too much resources, good cultures and nice people. I can’t say enough how much I appreciate Europe. However, I hope the politicians would see that they are killing the courage and ambitions of people who want to take risk and do great things.
Europe is NOT that attractive for startup investors. Despite all the talents and great education. I lived in Silicon Valley / Stanford. Now, I live in Zurich (Switzerland). 📍My thoughts: 1. Education in Europe excels at giving knowledge. But NOT in: - Emphasizing importance of passion & big goals - Encouraging to take risk - Training soft skills All of this is key for startups. If students don't learn to think big, they can't become big founders. 2. In Europe, people avoid risk. Students rarely dream about disrupting the world. Very few want to make startups. Very few would enjoy taking risk. Unlike Stanford, where every second student wants to try. 3. In Europe, people are not ready to commit fast. Everyone needs 'an executable 5-year plan'. Small decisions are made only after a big 'committee' is assembled. People seem to enjoy the process much more than the outcome. In Silicon Valley, people jump to decisions very quickly. They agree to meet, collaborate and contribute VERY quickly. This makes the interactions between founders, funders and experts smooth and fast. 4. Silicon Valley has an IMMENSE number of events for founders. This makes a BIG difference when you want to hang out among the like-minded. Share experience. Help each other. Build network. This is especially important for young founders (<25 yo), who need a support network and societal encouragement. In Europe, events are relatively rare. I don’t feel this ‘culture’ of startups. I see founders but I don’t see the culture. (Maybe I am just blind?) 5. Silicon Valley is full of chaos. This chaos welcomes EVERYONE. It helps people find their own niches, connections, approaches, shortcuts, etc. It also makes the society much more dynamic. In Europe, chaos is evil. It goes against regulations, hierarchies and traditions. Generally, Europeans prefer 'Order' (Ordnung in German). However, startups NEED chaos. A great startup city is like a boiling pot. 6. In Silicon Valley, failure = experience. VC firms are fine with losing money. This is the point of venture funding. Startups are NOT small companies, they are SUPPOSED to be failing and losing money unless they find the right business model. In Europe, failure = failure. You're a bad founder if your startup fails. No one will be motivating you to make another startup. 7. Regulations & laws in Europe can impede your progress. They are made with a focus on public welfare and not quite on individual capitalistic gains. 📍It does NOT mean you can’t build a great startup in Europe. You definitely can. Just be prepared for a different mindset. Europe has a huge potential. It has an immense pool of talents. It has infrastructure and education. But the “European Google’ or “Euro OpenAI” is still far from reality. And this is very sad. p.s. Do Londoners feel like part of Europe today? #research #startup #university #europe
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Research Group Leader | Cancer Biology, Tumor Microenvironment, Drug Resistance | Reader Anatomy & Cell Biology
This analysis is pretty much on the spot, especially with respect to risk avoidance and keeping students from thinking big. Hierarchical thinking is still prominent in Europe. Thus, professors (unconsciously) make sure that their students' minds do not fly too high. #7 fails to acknowledge that the unregulated make-it-or-break-it mentality in Silicon Valley often results in the public having to pick up the tap. (First Rule of capitalism: socialize losses, privatize profits.) Another problem is Europe's decentralized structure. Many attractive hubs, but none extraordinary, all separated by borders and language barriers. Thus, it is difficult to achieve critical mass, and VC likes to focus on a few outstanding places instead of spreading their investments.
Europe is NOT that attractive for startup investors. Despite all the talents and great education. I lived in Silicon Valley / Stanford. Now, I live in Zurich (Switzerland). 📍My thoughts: 1. Education in Europe excels at giving knowledge. But NOT in: - Emphasizing importance of passion & big goals - Encouraging to take risk - Training soft skills All of this is key for startups. If students don't learn to think big, they can't become big founders. 2. In Europe, people avoid risk. Students rarely dream about disrupting the world. Very few want to make startups. Very few would enjoy taking risk. Unlike Stanford, where every second student wants to try. 3. In Europe, people are not ready to commit fast. Everyone needs 'an executable 5-year plan'. Small decisions are made only after a big 'committee' is assembled. People seem to enjoy the process much more than the outcome. In Silicon Valley, people jump to decisions very quickly. They agree to meet, collaborate and contribute VERY quickly. This makes the interactions between founders, funders and experts smooth and fast. 4. Silicon Valley has an IMMENSE number of events for founders. This makes a BIG difference when you want to hang out among the like-minded. Share experience. Help each other. Build network. This is especially important for young founders (<25 yo), who need a support network and societal encouragement. In Europe, events are relatively rare. I don’t feel this ‘culture’ of startups. I see founders but I don’t see the culture. (Maybe I am just blind?) 5. Silicon Valley is full of chaos. This chaos welcomes EVERYONE. It helps people find their own niches, connections, approaches, shortcuts, etc. It also makes the society much more dynamic. In Europe, chaos is evil. It goes against regulations, hierarchies and traditions. Generally, Europeans prefer 'Order' (Ordnung in German). However, startups NEED chaos. A great startup city is like a boiling pot. 6. In Silicon Valley, failure = experience. VC firms are fine with losing money. This is the point of venture funding. Startups are NOT small companies, they are SUPPOSED to be failing and losing money unless they find the right business model. In Europe, failure = failure. You're a bad founder if your startup fails. No one will be motivating you to make another startup. 7. Regulations & laws in Europe can impede your progress. They are made with a focus on public welfare and not quite on individual capitalistic gains. 📍It does NOT mean you can’t build a great startup in Europe. You definitely can. Just be prepared for a different mindset. Europe has a huge potential. It has an immense pool of talents. It has infrastructure and education. But the “European Google’ or “Euro OpenAI” is still far from reality. And this is very sad. p.s. Do Londoners feel like part of Europe today? #research #startup #university #europe
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Canada's Startup Ecosystem: Opportunities, Challenges, and the Road Ahead 🇨🇦 🔍 Key takeaways: - The rise of Canada's tech and innovation sectors - Investment trends and funding opportunities - Challenges like talent shortages and regulatory hurdles - Promising industries for startups in Canada 👉 Read the full post to discover how Canadian entrepreneurs can navigate these opportunities and challenges to build the next wave of successful startups! https://lnkd.in/dG2ZenAg #CanadaStartups #Entrepreneurship #TechInnovation #VentureCapital #AI #Fintech #CleanTech #StartupEcosystem #BusinessGrowth
How Canada’s Startup Ecosystem is Evolving: Opportunities and Challenges - BestStartup Canada
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