TORONTO, May 26, 2020 – The Town of Innisfil has become the most recent municipality to contribute to Canada’s innovation economy during the COVID-19 pandemic by providing a fully virtual startup incubator-accelerator program in partnership with Ryerson University’s DMZ.
Available to any technology entrepreneur looking to grow their business, DMZ Innisfil will provide online programming, workshop curriculum, mentorship, a 300+ venture capital network and expedited government procurement for relevant innovations.
“We’re so proud to partner with a world leading tech startup accelerator like the DMZ”, said Mayor Dollin. “With 82% of our Innisfil leaving town for work every day, and over 90% of new jobs being created by businesses less than 5 years old, we’re really focused on creating and supporting the jobs of tomorrow right here in Innisfil.”
With the traditional startup epicentre no longer being exclusive to metropolitan areas, technological innovation in small towns have become increasingly attractive as its economic growth and accelerated government procurement opportunities can no longer be ignored.
The Town of Innisfil is undergoing dramatic changes in transportation, payments and more, which will only increase as DMZ’s data-driven virtual programming hopes to create a new wave of scalable businesses that can update processes within municipal governments.
“Today, location isn’t stopping anyone from starting a business, and it will not stop anyone from receiving support from the DMZ, a leading tech incubator-accelerator program,” said Abdullah Snobar, executive director, DMZ. “We are excited to partner with the Town of Innisfil to develop a new wave of scalable businesses that are proudly outside the traditional metropolitan areas for technology innovation.”
Currently, DMZ Innisfil has eight startups in its virtual incubator program, including Reliant.to, a prop-tech company providing a simplified and automated solution for Toronto Building Compliance and Building Permits.
Applications to apply to DMZ Innisfil are open throughout the year. For more information, eligibility and to apply, visit here.
About Town of Innisfil: Situated just south of Barrie and about 45 minutes north of Toronto, the Town of Innisfil is a growing community with a population of approximately 36,000 people. Innisfil prides itself on having a small-town feel while offering modern amenities such as a transit system powered by ride-sharing, cutting-edge libraries, sports facilities and access to the beautiful Lake Simcoe. Town staff and its Council are dedicated to helping the community grow in a sustainable and innovative way to become a place that is connected physically, socially, culturally and digitally.
About DMZ: More than just a home for entrepreneurs, the DMZ positively impacts the world by preparing the top tech startups for global expansion, which enables them to foster more made-in-Canada jobs and build technologies that change lives. Since 2010, DMZ has helped 445 startups raise over $741 million and foster over 4,000 jobs.