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Strengthening the Nodes: The Innovation Highway Explained at Series 401 –

CEO of OMERS Ventures, Ruffolo kicked off an event last week called Series 401 which showcased sixteen of the top tech companies along the 401 corridor: GTA and Waterloo Region.

Series 401 is a partnership between Kitchener-Waterloo’s Communitech and Toronto’s OneEleven, a new tech hub created by OMERS Ventures.

Tech Triangle‘s insight:

For Ruffolo, the success and failure of innovation in this country is rooted in how well Toronto and Kitchener-Waterloo do within this area. And strengthening these two nodes will start to impact other areas of the country.

Kitchener-Waterloo has done well with clustering over the past couple of years. Communitech, which started in 1997, is now a tech cluster of nearly 1,000 companies that generates more than $30 billion in annual revenue.

See on www.techvibes.com

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