Accelerator Centre welcomes 23 startups into the new UN Sustainable Development Cohort of AC:Studio
By: The Accelerator Centre Selected startups will receive up to $100,000 in seed funding and work with the AC and…
Cisco unveils Waterloo incubator; funds smart grid research chair
Networking giant Cisco Systems, Inc. is opening an incubator in the University of Waterloo’s David Johnston Research + Technology Park to help Waterloo Region startups and students tap into the company’s equipment, expertise and global ecosystem.
The 2,000-square-foot facility, on the third floor of the Cora Building where Agfa HealthCare and other firms are already housed, will also serve as a Waterloo base for 10 to 12 Cisco employees, UW and Cisco officials announced at the site today.
Asked by Communitech if the company plans to engage the broader Waterloo Region tech ecosystem through the new facility, Cisco Canada president Nitin Kawale said, “We absolutely want to do that; we’ll have to just figure out the processes and how to facilitate that . . . we’ll figure it out as we go along.”
