Startup Genome, which works to improve the success rate of startups and improve the performance of startup ecosystems in more than 30 countries, has taken a look at the startup ecosystem of the Toronto-Waterloo region in its 2018 Global Startup Ecosystem Report.

The Toronto-Waterloo Corridor ranks among the 20 strongest startup ecosystems in the world and the report highlights several sectors in the region, including:

  • Fintech
  • AI, Big Data & Analytics
  • Life Sciences & Health
  • Advanced Manufacturing & Robotics

Toronto is North America’s second-largest financial services hub. The Corridor has also attracted international attention for its AI ecosystem. The region is also very strong in medical imaging and regenerative medicine and Southern Ontario is home to number of the next generation of advanced manufacturing firms.

The Corridor benefits from leading research taking place at its 16 universities and colleges, such as the University of Toronto and University of Waterloo, which both have internationally recognized programs in computing sciences and engineering.

The report also highlights the MaRS Discovery District, CommunitechCentre for Social InnovationNext 36, OneEleven, the DMZ, and many of the other strong ecosystem partners in the region.

The full report can be downloaded on the Startup Genome website.