Economic Recovery Strategy: Innovation, Technology and Entrepreneurship
This cornerstone is about driving growth in innovation and technology start-ups and corporates, while promoting digital transformation amongst existing businesses and putting the necessary resources in place to nurture entrepreneurship.
The City of Brampton is fast-tracking plans to build an innovation ecosystem that produces innovative talent and with the goal of supporting start-ups from across the region. Many technology companies and start-ups have found ways to pivot and gain momentum through this economic downturn and Brampton is well positioned to accelerate these companies from ideation all the way to success.
Located in the middle of the Toronto-Waterloo Innovation Corridor, Brampton is becoming a key player in the innovation and technology sector. Our strong partnerships form the foundation for the Innovation District and have been selected based on our strategic pillars:
1. Start-up incubation and accelerator space
2. Education and talent development
Entrepreneurship Incubation and Accelerator space
- Brampton Entrepreneur Centre (BEC) Co-working Space & Small Business Resources
- Research Innovation Commercialization (RIC) Centre - New specialized business incubation and accelerator space
- Ryerson Venture Zone – Scale-up incubator led by Ryerson University
- Catalyst Cyber Accelerator – Led by Rogers Cybersecure Catalyst and Ryerson DMZ
Education & Talent Development
- Rogers Cybersecure Catalyst’s Accelerated Cybersecurity Training Program
- The G. Raymond Chang School of Continuing
Education, Ryerson University
- Algoma University –Downtown Brampton Campus
- Brampton U Movement
New partnerships will continue to be made.
Brampton Entrepreneur Centre (BEC) and Co-working
The COVID-19 crisis highlighted the important role BEC plays in the Brampton business community, and created an opportunity to restructure services to better serve clients.
The co-working space at BEC will continue to serve clients according to their needs, providing a safe working environment (physical distancing and sanitization). The pre-COVID drop-in model will be replaced by a booking system.
New services include:
- Supports, programming and micro financing to ensure Brampton’s small business community are embracing the latest in technology and adoption of digital tools.
- Micro grants to support businesses impacted by COVID-19 through the Starter Company Plus Recovery Stream.
- Peer2Peer Mentoring Program for individuals in similar industries or roles to share best practices, ideas, and provide guidance on current business challenges.
- Participation in the ShopHERE program that provides a service to build online storefronts for local independent businesses and artists at no cost to them.