Edmonton moves up 30 spots in Startup Blink 2019 report

Blink
May 18, 2019

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Edmonton moved up 30 spots from 2017 to get a top 100 ecosystem ranking in the 2019 StartupBlink Ecoysystems Rankings Report.

The report noted Edmonton, with nearly 400 tech companies, as one of Western Canada’s most dynamic startup ecosystems.

The report highlighted how Edmonton succeeds through a combination of a strong entrepreneurial culture and the backing of top-five-in-world research institutions. Individual action is alloyed through strong community teamwork and a bottom-up approach to problem solving.

"Edmonton’s rise to the top of Canadian ecosystems has been orchestrated by careful planning and powerful execution from its startup ecosystem developers," it says.

It’s no surprise with the University of Alberta ranking third best in the world in machine learning research, that Edmonton boasts homegrown companies that excel in applied artificial intelligence and machine learning, as well as augmented and virtual reality, health-tech, and big data.

Edmonton is Western Canada’s foremost health care centres and home to some of the country’s top research hospitals, including the Cross Cancer Institute, the Glenrose Rehabilitation Hospital, the Mazankowski Alberta Heart Institute and the Stollery Children’s Hospital. The Metabolomics Innovation Centre (a nationally funded facility) and the National Institute of Nanotechnology (a joint initiative between the U of A, The National Research Council of Canada and the Government of Alberta) are also located in Edmonton.

Edmonton’s rise to the top of Canadian ecosystems has been orchestrated by careful planning and powerful execution from its startup ecosystem developers
Startup Blink 2019 Report

Edmonton has some of the lowest taxes in the country, with no provincial sales tax, no payroll tax, no health care premiums, and some of the lowest personal and corporate income taxes in Canada. Paired with, an affordable cost of living — including low home prices compared to Toronto and Vancouver — Edmonton lets you get further with each dollar invested in your business.

Edmonton’s six publicly funded post-secondary institutions and numerous private training schools specialize in health, biotechnology, manufacturing, and machine learning and artificial intelligence. Each year, these institutions graduate more than 95,000 students — more than 550 of those are tech-sector graduates. They also attract 10,000 international students from over 140 countries each year.

Though the ecosystem benefits from layers of support from all levels of government, it was truly built from the ground up, through initiatives such as the entrepreneur-founded Startup Edmonton. Together with the community, Edmonton’s service providers have started building an ecosystem that supports the commercialization of the knowledge and research coming out of our post-secondary institutions and engaged citizens.

For those looking to innovate, Edmonton’s innovation ecosystem is poised to return more than people expect of it. The talent and tech are there, ready for business.

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StartupBlink is the world’s most comprehensive map and research center of startup ecosystems. It supports local organizations in developing and promoting their ecosystem. Its global startup ecosystem map and research center has tens of thousands of registered startups, coworking spaces, and accelerators, while its platforms have around 10,000 monthly visitors, in addition to 90+ active local startup chapters, with over 40,000 members around the globe. Once a year, it releases the world’s most comprehensive startup ecosystem rankings with over 120 countries and 950 cities ranked. For more information and to download the report, visit startupblink.com.

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For interviews and further inquiries, please contacts us:

Alex Hryciw
Stakeholder Relations Manager, Innovate Edmonton

ahryciw@Edmonton.com
M: 780-271-4641


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