TEC Edmonton's great partner in encouraging and assisting the growth of startup/innovation/technology companies is the Edmonton Economic Development Corporation (EEDC). In fact, TEC Edmonton is a joint venture, a non-profit organization created by the EEDC and the University of Alberta.

Here's a release from Edmonton Economic Development Corporation on yet another important piece in the economic development jigsaw puzzle of Greater Edmonton: It was originally released through the Marketwire news service on Feb. 28, 2012.

Alliance Brings Together Area Incubators, Helps Start-ups

Result is efficiency, collaboration and coordination

EDMONTON, ALBERTA--(Marketwire - Feb. 28, 2012) - Edmonton is home to the Greater Edmonton Regional Technology Alliance, Canada's first and only grouping of incubators that nourishes the growth of emerging knowledge-based companies and coordinates the region's business incubators.

Chair of the alliance since 2010, Edmonton Economic Development Corporation's (EEDC) role is one of facilitator, enabler, networker and cheerleader of the region's technology advancement. Other alliance members include TEC Edmonton, novaNAIT, Northern Alberta Business Incubator, Business Link and National Institute of Nanotechnology. In 2011, three additional members joined the alliance: TR Labs, the National Research Council's Industrial Research and Assistance Program, and Startup Edmonton.

"The Regional Alliance was developed to further establish Edmonton's well-funded infrastructure for technology development and commercialization. In short, the alliance will help start-ups bring their product to market in a nurturing and safe environment," says Candace Brinsmead, alliance chair, and vice-president of innovation and technology advancement at EEDC.

The industry early adopter program was an immediate outcome of the alliance, which matches start-ups with large, local and established businesses - something like a mentor-protege relationship. Industry early adopter members commit to assessing, mentoring, testing or adopting home-grown technologies.

As a member of the alliance, EEDC's Edmonton Research Park houses dozens of research-oriented companies in high-opportunity sectors and is designed to maximize synergy and collaboration among these knowledge-based firms. The park has a role in the execution of the provincial technology commercialization strategy and is a stakeholder in TEC Edmonton, a joint venture with the University of Alberta, and a key player in supporting technology start-ups.

New alliances have been created, emulating the Regional Alliance model. Efforts are underway to establish a nanotechnology alliance in Edmonton.

The Edmonton Research Park (ERP) houses dozens of research companies and is managed by Edmonton Economic Development Corporation (EEDC). The ERP is also a stakeholder in TEC Edmonton, a joint venture with the University of Alberta. For more information, visit www.edmonton.com. Learn more about Edmonton through the stories of people who've experienced it at www.edmontonstories.ca


CONTACT INFORMATION:
Edmonton Economic Development Corporation
Renée Worrell
Communications Manager, External Relations
780.932.4865
rworrell@edmonton.com



INDUSTRY: Government - Local