The Toronto-Waterloo corridor is Tulip's home and it's been essential to our growth. The access to talent, capital, and customers is world-class — and it's a wonderful place to live.
The Toronto-Waterloo corridor is one of the fastest-growing and densest innovation clusters in the world. Between 2013 and 2018, the region created more tech-sector jobs than New York, Seattle and Boston combined. It is home to 20 percent of Canada’s university students, many of them attending the University of Toronto and the University of Waterloo. This ecosystem is also rich with some of North America’s leading innovation hubs, including MaRS and Communitech In the face of many pandemic-related challenges, the Toronto-Waterloo corridor nevertheless excelled, attracting record investment, while also boosting the economy, relieving front-line workers and creating jobs. In 2020, the region pulled in $4.4 billion in V.C. funding and fostered several new unicorns, such as Clearco and PointClickCare Hundreds of the region’s companies also pivoted their everyday business practices — for financial survival, but also to join the fight against COVID-19. And Toronto and Waterloo remain hotbeds for talent. With what’s widely considered the most diverse population on the planet, the corridor represents 17 percent of Canada’s GDP and roughly 275,000 tech workers. The result of this sustained progress is a still-thriving ecosystem. With unprecedented investment, strong public institutions, favourable immigration policies and one of the most-vaccinated citizenries on the globe, the Toronto-Waterloo corridor is well-positioned to advance the Canadian and global economies post-pandemic.
Ecosystem by the numbers
AI, Big Data & Analytics
Reasons to move your startup to Toronto-Waterloo
Strong social values
Rich and diverse talent pools
Data privacy and sovereignty
MaRS Discovery District
MaRS brings together the innovation community to grow the economy and make an impact. From advisory services to connections to talent, capital, customers and more, MaRS offers a range of high-value services that help high-growth companies succeed. We also provide access to the MaRS ecosystem, a curated community of entrepreneurs, investors, corporates, academics and government partners.
Communitech was founded in 1997 by a group of entrepreneurs who came together to help one another build successful companies to help ensure the future prosperity of Canada. They created an organization to support the entire “Community of Tech” and gave us a mission to help companies start, grow and succeed.
Are you interested in diving deeper into this ecosystem? Drop us a message. Our Ambassadors and Partners can plug you in.