Strengthening Waterloo’s Innovation Corridor
MEDI students craft bold visions for a vibrant David Johnston Research + Technology Park This story was originally published on…
According to the 2025 Unicorn Report, Waterloo ranks #1 in Canada for producing founders of billion‑dollar startups, reflecting its deeply rooted culture of entrepreneurship and innovation.
Employers see impressive results from Waterloo talent: for every $1 spent hiring a Waterloo co‑op student, employers generate more than $2.20 in economic output, benefiting organizations and communities alike.
Waterloo graduates have launched more than 67,000 for‑profit and nonprofit organizations, employing 1.7 million people globally and generating close to $400 billion in annual revenue.
Through its co‑op program, alumni activity, and research enterprise, the University of Waterloo contributes nearly $7 billion annually to Ontario’s GDP, making it one of the province’s most significant economic contributors.
These fun facts are just a snapshot of Waterloo’s far‑reaching influence. From economic impact and entrepreneurship to research and experiential learning, the full Waterloo Impact Report dives deeper into how the University of Waterloo is turning ideas into global change.
Click here to read the full report!