TORONTO, ON and WATERLOO, ON--(Marketwired - August 15, 2016) - Istuary Innovation Group and the Accelerator Centre announced today the signing of a Collaboration Agreement. Startups and small to medium sized technology companies within the Toronto-Waterloo Region will have greater access to global markets as a result of the new collaboration agreement.
The collaboration is significant because it will add Istuary to the Accelerator Centre's thriving global partners program and strengthen Istuary's ties within the local technology community in Waterloo. As a Canadian technology firm based in Vancouver, BC, Istuary expanded to Toronto in 2015 and recently opened offices in Waterloo and Ottawa this year.
Hugh Chow, CEO of Istuary, states, "We are excited to work together with the Accelerator Centre to provide resources and support for early-stage companies that want to take their technology into China. Our R&D talent, investment and international market expertise will better prepare Canadian entrepreneurs in accelerating their growth in fast-growing markets."
"Our collaboration with Istuary will further enhance program access to international markets for our Clients," says Clinton Ball, Director, Client Programs and Initiatives at the Accelerator Centre. "We are currently recruiting for our new Phase One program for Sept. 2016 to offer an intensive milestone-driven program for early-stage tech companies. We're looking forward to working with Istuary to offer access to emerging markets and expertise in global expansion to our Clients and the startup community in Waterloo Region."
As a focus area, Istuary will provide clients of the Accelerator Centre with the education, resources and network to tap into markets in China, including trade missions, funding and other aspects of strategic business counsel.
About Istuary Innovation Group
Istuary Innovation Group connects North American technology to fast-growing Chinese markets. The company is comprised of business units specializing in investment, engineering and international market expertise that work together to accelerate the growth of highly sought-after technology in China. Founded in 2013 Istuary now employs over 600 professionals and partners in Canada, USA and China. Istuary's focus areas of technology expertise include: IC design/semiconductor, data storage and analytics, artificial intelligence and security solutions. Learn more at www.istuary.com.
About Accelerator Centre
The Accelerator Centre (AC) is dedicated to building and scaling sustainable, globally competitive technology firms; and to commercializing advanced research technologies emerging from academic institutions. The AC offers an intensive, milestone-driven program to help Clients gain traction and establish early growth; begin to scale and prepare for global expansion. Learn more at www.acceleratorcentre.com.