Global business leaders IBM, Magna and LEO Pharma have all based their research and development efforts in York Region. Ranking among the top Toronto area’s R & D investors, these corporate powerhouses find the Region’s highly-skilled workforce to be a motivating factor in location choice. LEO Pharma, a company specializing in dermatology, recently invested $100 million for a new research lab in Markham.
A growing, vibrant startup ecosystem is emerging in York Region with the growth of such innovative startups to scaled-up companies of Sulon, Real Matters and Green Owl Mobile. Budding entrepreneurs have the opportunity to bring their ideas to light using makerspaces such as NewMakeIt and YLabs while StartUp weekends at Seneca College and York University encourage entrepreneurs to take the plunge. The upcoming generation of entrepreneurs benefit from the Region’s library programs that provide training in 3D printing, coding and robotics.