About the Accelerator Centre
The Accelerator Centre 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 Accelerator Centre 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 startups 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 Accelerator Centre clients to move to market faster, create jobs and stimulate economic activity. As home to 50+ technology startup companies, with resident program staff of Ontario Centres of Excellence, National Research Council of Canada's Industrial Research Assistance Program, and Communitech - the Accelerator Centre has become the nexus for Waterloo's innovation community.
Communitech is located in Waterloo Region, Ontario, Canada in an area that includes the cities of Kitchener and Waterloo. Founded by a group of dedicated entrepreneurs in 1997, Communitech is the regional hub for the commercialization of innovative technologies supporting and building a Southwestern Ontario tech cluster of more than 800 companies that now generates more than $25B in revenue. A member of the Ontario Network of Excellence, Communitech supports tech companies at all stages of their growth and development - from startup companies, to rapidly growing SMEs, to large global players - to create greater numbers of successful global businesses for Ontario and for Canada.
About the Centre for Sustainable Excellence
The Centre for Sustainable Excellence, expected to open in 2018, will be an approximately 100,000 sq. ft, net-positive office building. This will be the first net-positive multi-tenant office building in North America. The building is a collaboration between Sustainable Waterloo Region, The Cora Group, The David Johnston Research + Technology Park, and anchor tenant, EY Canada. The goal of the building will be to generate more power than it consumes, send zero waste to landfill, treat wastewater onsite, and purify its indoor air.
The building will serve as an educational showcase and will follow specific design principles. The guiding principles are: 1. net positive, 2. scalable, 3. house an incubator, and 4. showcase new innovative technologies.
Founded in 1991, OpenText is now Canada's largest software company. They develop and sell enterprise information management software including, enterprise content management, business management process, customer experience management, information exchange, and analytics software. OpenText employs over 8,900 people worldwide with approximately 840 employees located within the R+T Park.
SAP was founded in 1972 in Mannheim, Germany. They are currently the world's largest inter-enterprise software company and are a global leader enterprise applications, analytics, and mobile solutions. SAP's Waterloo office has a long-standing history with the University of Waterloo. In 1981, Watcom was created to assist with the commercialization of technology developed at the University of Waterloo. In 1994, Powersoft Corp. acquired Watcom, which lead to the acquisition of Powersoft by Sybase, Inc. in 1995. Sybase opened their Sybase iAnywhere office in 2004 within the R+T Park, making them the first anchor tenants in the park. In 2010, Sybase was acquired by SAP who employ about 3,000 employees within Canada and close to 300 at their Waterloo location within the R+T Park.