The prosperity resulting from TEC’s programs, working in partnership with the community, will contribute to Edmonton being recognized as one of North America’s leading regions for wealth creation through innovation.
TEC Edmonton’s purpose is to accelerate growth of emerging technology-based companies.
Through its people, networks and facilities, TEC Edmonton develops the Edmonton region’s innovation reputation worldwide by:
Commercializing technology from private, university and public sources
Fostering and promoting innovation and new enterprise development
It’s not about us, it’s about you!
It starts with you and your new, technology-based products, services or processes. You may have a startup company that needs to go to the next level. Or your early-stage company is ready to ramp up, but you need assistance and guidance. Whatever your next step, we help you get there.
Our Executives-In-Residence are all experienced executive-level entrepreneurs who have grown and exited technology-based companies. They are ready to do it all over again. You won’t find better business advisors.
Our technology management professionals are among the best in Canada. When it comes to commercializing and protecting your intellectual property, you are in the best hands possible.
We are a community partnership, a joint venture between Edmonton Economic Development and the University of Alberta. We work with both community and university-based researchers to commercialize inventions. We are a bridge between the University and our community.
We measure our outcomes. We continually monitor, measure, review and improve our services and programs to make sure they are the best for you.
Our innovation network is all-encompassing. As our client, it’s your network too.
Our clients do better.
Inventors, entrepreneurs, and companies who work with us are more successful. It’s a fact.
Our 100-plus clients have grown an average of 25% per year in revenues and employment, compared to a national growth rate of 10% for early-stage Canadian companies.
The one-year survival rate for new companies using TEC services is 96%, compared to a national average of 85%.
Over the last three years, our clients have raised more than $165 million in growth capital.