Accelerator Centre

Accelerator Centre
University of Waterloo

University of Waterloo

February 10, 2010 09:09 ET

Accelerator Centre Appoints New CEO

WATERLOO, ONTARIO--(Marketwire - Feb. 10, 2010) - The Accelerator Centre (AC), an award-winning centre for the cultivation of technology entrepreneurship located in Waterloo, Ontario, announced today the appointment of Tim Jackson to the role of Accelerator Centre CEO and Associate Vice President of Commercialization at the University of Waterloo.

Mr. Jackson steps into the Accelerator Centre CEO role, which had been held by Dr. Tom Corr, who has recently been appointed President and CEO of the Ontario Centres of Excellence. Tim Jackson previously served as Vice-Chair of the Accelerator Centre board of directors.

Jackson, an experienced entrepreneur, is co-founder and partner of Tech Capital Partners, a Waterloo-based venture capital firm focused on building world-class technology companies – specifically in the wireless, communications, new media and Internet sectors. Prior to Tech Capital Partners, Mr. Jackson was CFO and CEO of PixStream, where he successfully raised more than $60 million in equity capital and negotiated the $550 million sale of the company to Cisco – one of the largest technology company acquisitions in Canadian history.

Mr. Jackson will assume his new Accelerator Centre and University of Waterloo responsibilities in addition to continuing in his partner role with Tech Capital Partners.

"We are tremendously pleased to welcome Tim Jackson into the Accelerator Centre's CEO role. I have had the privilege of working with Tim at the Board level for a number of years, and his work at Tech Capital Partners in support of entrepreneurs and in commercializing and funding emerging technologies has positioned him for this new, expanded role with the Accelerator Centre and University of Waterloo. Our AC team and Clients could have no better mentor or leader. Tim fully embodies the success we are building our Clients toward each day at the AC," says Accelerator Centre Chair of the Board, Ian McPhee.

University of Waterloo President, David Johnston added his congratulations to Tim Jackson on his UW co-appointment.

"We are thrilled to welcome Tim Jackson to UW's commercialization team and to the Accelerator Centre. His dynamism and passion for entrepreneurship have been instrumental in building Waterloo Region's technology leadership on the world stage, and his hands-on leadership will be invaluable in advancing commercialization technologies incubated within the university setting."

University of Waterloo Vice-President of University Research, George Dixon, provided additional congratulations:

"Tim's technology leadership and success in commercializing technology is simply inspiring. His extensive expertise and insight will be a great asset not only to colleagues at the University of Waterloo, but also to those in the broader academic community across the region."

About the Accelerator Centre

The Accelerator Centre (AC) is a world-renowned, award-winning centre for the cultivation of technology entrepreneurship located in Waterloo, Ontario. Made possible through funding from Federal and Provincial Governments, Ontario Centres of Excellence, the Regional Municipality of Waterloo, the City of Waterloo and the University of Waterloo, along with industry and academic partners, the AC was established to accelerate the creation, growth, and maturation of sustainable new technology companies; to promote commercialization of research and technology rising out of academic institutions such as University of Waterloo, Wilfrid Laurier University, University of Guelph, and Conestoga College; and to generate economic benefit and enhance the strategic importance of Waterloo Region within Ontario and Canada's broader economy.

Aptly named, the Accelerator Centre is firmly focused on accelerating the growth and success of its Client companies – fledgling start-ups from a variety of technology sectors. The Centre's team of advisors and mentors provide a unique range of support services and education programs, enabling AC Clients to move to market faster, create jobs and stimulate economic activity. As home to 25+ technology start-up companies, with resident program staff of Ontario Centres of Excellence, National Research Council IRAP and Communitech – the Accelerator Centre has become the nexus for Waterloo's innovation community. The Accelerator Centre along with the Ontario Centres of Excellence and the University of Waterloo technology transfer commercialization office (WatCo), are partners in the Accelerator for Commercialization Excellence (ACE) which works closely with other commercialization entities such as Communitech to provide seamless access to commercialization resources for start-ups, entrepreneurs, and investors in the Waterloo Region.

To learn more about the Accelerator Centre visit

Contact Information

  • University of Waterloo
    George Dixon
    Vice-President, University Research
    (519) 888-4567, ext. 32531 or Cell: (519) 829-5658
    Accelerator Centre
    Tim Ellis
    Chief Operating Officer
    Cell: (519) 500-7711
    University of Waterloo
    Janet L. Janes
    Communications Officer, Office of Research
    (519) 888-4567, ext. 36834