When the Innovation Superclusters Initiative competition was announced in May, it was only a matter of time before dozens of proposals began flowing in from Canada’s strongest tech centres, including York Region. Located in the heart of the Greater Toronto Area (GTA), York Region boasts the second highest number of information, communications, and technology employers in the country, with over 4,400 ICT firms including the Canadian operations of several global microelectronics companies.
Leading its supercluster bid is ventureLAB, a regional innovation centre based in Markham that has secured $300 million in commitments from 50 companies to create a “global epicentre” for microelectronics companies and talent. Jeremy Laurin, president and CEO of ventureLAB, says those commitments are a “very good indicator” of the viability of their bid.
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