Accelerator Centre

Accelerator Centre

December 07, 2009 09:48 ET

Accelerator Centre Internationally Recognized as One of the World's Best Technology Incubators

WATERLOO, ONTARIO--(Marketwire - Dec. 7, 2009) - The Accelerator Centre, an award-winning and world-renowned centre for the cultivation of technology entrepreneurship, is pleased to announce it has been awarded second place in the award categories of 'fastest growth' and 'best overall incubator' at the 8th annual Incubator Conference, which took place November 19th and 20th in Stockholm, Sweden.

The award was established by The Technopolicy Network in cooperation with the Centre for Strategy and Evaluation Services (CSES), and was adjudicated by an international panel of incubation experts, including Heinz Fiedler, President of Science Park & Innovation Centres Expert Group (SPICE), Germany; Peter Harman, Chief Executive (Elect) of UK Business Incubation (UKBI), UK; Mikael Hult, National Coordinator of Innovationsbron AB, Sweden; Dinah Adkins, President Emeritus of the National Business Incubation Association (NBIA), USA; and Jack Malan, Founding partner of the Centre for Strategy & Evaluation Services (CSES), UK.

Incubator programs and organizations from all over the world took part in this competition. Award winners were decided upon based on an analysis of the benchmarking survey returns, combined with judgment of the expert jury.

Since its opening in April, 2006, the Accelerator Centre has already successfully launched into the marketplace five start-up companies. "The Accelerator Centre is absolutely thrilled to be honoured by this esteemed committee of international experts," says Tom Corr, CEO of the Waterloo Research and Technology Park Accelerator Centre. We are proud of our work, our track record of success, and our growing number of graduates, and it's terrific to have our contribution to the regional economy and to technology entrepreneurship recognized on the world stage."

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.

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