Waterloo Region: Innovation & Entrepreneurialism at its core
A diverse, innovative, collaborative, entrepreneurial spirit illuminate Waterloo Region’s past, present and future. Waterloo Region is internationally recognized for its leading-edge innovative endeavors and entrepreneurial spirit. Its economic strength lies in its diversity, encompassing, and world-class capability in Information Technologies that also drives further its historical strengths in Advanced Manufacturing, Robotics and Automation, Metal and Plastic Fabrication, Aerospace and Food Processing industries.
- With access to over five million people within a 100 km radius and 158 million people within one day’s drive, the Waterloo Region benefits from its proximity to the U.S. market and is supported by state-of-the-art transportation and logistics.
- Both driving and supporting the development of the Region is an abundance of a highly-skilled and stable workforce many of whom are educated at three internationally recognized post-secondary institutions; the University of Waterloo, Wilfrid Laurier University, and Conestoga College.
- With over 1000 technology companies based in Waterloo Region, the ICT sector propels other industry sectors to cutting edge standards.
- Patents granted per capita in the Waterloo Region is almost 4 times higher than the Canadian average, and annual exports from the Region total $11.4 billion with a Regional GDP of 27.5 billion in 2012.
- Over 150 research institutes call Waterloo Region home
- Waterloo Region’s business environment offers a survival rate of first-year ICT start-ups at almost double the global industry average, supported by the lowest R&D tax and corporate investment tax rates among the G7
Information & Communication Technology (ICT) -
Waterloo Region is an Information Communication Technology powerhouse and is home to a growing ecosystem of over 30,000 ICT professionals and 1,000 tech-related companies, including Canada's largest tech company, largest software company, largest satellite company, largest eLearning company and one of the world's top producers of visual technology displays. MORE....
Quantum & Nanotechnology -
Our Region's leadership in nanotechnology research and development has encouraged world-renowned corporations to establish facilities here - hiring the highly skilled scientists and engineers graduating out of our universities to develop advanced materials and manufacturers unique nanotechnology-enabled products. MORE....
Advanced Manufacturing -
Waterloo Region has a diversified advanced manufacturing industry which creates approximately 6 billion dollars annually from such diverse sectors as automation, robotics, aerospace, food processing, plastics and fabricated metals. MORE....
Business and Financial Services -
Prominent financial and professional service firms are increasingly choosing the Waterloo Region as the location for their Southwestern Ontario headquarters, including The Bank of Montreal, Ernst & Young, Deloitte, KPMG, Stantec Engineering, Toronto Dominion Bank, and Rogers Wireless. MORE....
Food Processing -
With over 100 successful food and beverage processors and distributors, Waterloo Region has developed a diverse food processing industry including crop production, animal production, snack food, confectionary, bakery, beverage product manufacturing and distribution. More than 1,400 local farms earn at least two times more in farm receipts than the provincial average per acre. MORE....
Click the image below to watch a video of "Why Waterloo Region"
Click the link to view/download the complete City Profile of the Waterloo Region (2016)
For more information, please contact:
Waterloo Region Economic Development Corporation
Toll Free (North America only): 1-866-233-5133
260 King Street West2nd Floor
Kitchener, ON N2G 1B6