> TORONTO BUSINESS DEVELOPMENT CENTRE

Is One Of Toronto’s Premier Start-Up Incubators And Accelerators With A Rich History Dating Back Three Decades

Since its inception, TBDC has worked with thousands of entrepreneurs by helping them build and grow their ideas. TBDC helps international entrepreneurs aggressively scale up and choose Canada to grow their businesses. To date, TBDC has helped over 9,000 domestic and international entrepreneurial businesses establish themselves in Toronto and Ontario by offering them a diverse mentor network, access to capital, and strategically designed programs.

At TBDC, the team takes pride in helping launch successful businesses and grooming future industry leaders. Through its strong mentor and investor networks along with our various key strategic partnerships, TBDC aims to play a significant role in Ontario’s economic growth through innovation and job creation.

Start-up Visa Program
Having been appointed as a designated organization by the Canadian government, TBDC’s Start-Up Visa (SUV) Program has emerged as the preferred destination for promising international start-ups from across the globe. This six-month long program has been specifically designed to help incoming companies, from over 20 sectors like Aerospace, Fintech, Edtech, HealthTech, and Mobility, establish themselves in the North American market.

Aside from the SUV program, TBDC also has several other programs designed to meet the varying needs of start-ups. The International Soft-Landing program is designed for overseas businesses looking to explore the North American market and receive pre-acceleration services like mentoring, access to capital, recruitment help, etc. TBDC’s Incubation program for Canadian entrepreneurs is designed to help early-stage start-ups become financially viable and investable.

Initiatives Post-Pandemic
Despite the pandemic, in the past few months alone we have engaged with 660+ founders from around the world by hosting 22+ events with leading incubators and venture capitalists in Asia Pacific.

Some key engagements included the Start-up Visa Week with Arcum Global, Fostering Growth in the Changing Landscape with the Government of Karnataka, India, and conversations around Business Growth Opportunities in Canada and America with Agility Ventures.

To reach many more founders and help them launch their start-ups in Canada with the Start-up Visa Program, we also signed MOUs with leading incubators in India, home to one of the fastest growing start-up ecosystems in the world. We partnered with Dlabs at Indian School of Business, AIC GUSEC – Atal Incubation Center, Gujarat University, TIDES the incubator at Indian Institute of Technology, Roorkee, and Foundation for Innovation & Research in Science & Technology (FIRST), the technology business incubator at Indian Institute of Technology, Kanpur among several others.

Why bring your start-ups to Ontario?
Canada has a growing reputation as the world’s leading tech hub, and not only embraces diversity but is also becoming a destination of choice for start-ups from around the world.

More recently, according to StartupBlink’s rankings in 2020, Canada was ranked third in the world for building innovative solutions for COVID–19.

Located in the heart of North America, Ontario with 14 million residents speaking 200 languages Ontario is the 7th largest subnational economy in North America by GDP. With Over 42,000 STEM graduates produced annually, Toronto is the third top-ranked tech talent market in North America after the San Francisco Bay Area and Seattle.

From automotive to artificial intelligence, from hardware to health sciences and from environment to education, Canadian start-ups are applying technology to new verticals, and the disruption of a range of industries is on the cusp of innovation.

Start-Ups at TBDC
Enrich.io
Is a platform that brings data connectors and CRM/ATS providers together on the same platform.

Identifying and recruiting the ideal candidate can be a painstaking process for most companies. From resume analysis to running background checks and skillsets, HR departments often must rely on multiple service and data providers to accomplish their objectives. Enrich.io, an HRM tech-startup, provides a solution to these challenges by creating a platform that allows companies to build customized CRM and ATS applications that fit their specific requirements. With the goal of expanding their business, the start-up has recently made the move to Canada through TBDC’s Start-Up Visa program.

Enrich.io’s key offering is its online marketplace which conveniently brings together CRM and ATS users with various data providers. For CRM and ATS users, the company provides immense data enrichment opportunities. Using this platform, users can easily create customized applications for their needs while having the ability to seamlessly integrate data from multiple data providers. For data providers, the platform provides them with access to a larger number of potential customers. This provides them with the benefit of increased ROI, lower business costs, and more time to develop their applications.

TechRyde
Founded in 2016, TechRyde’s vision is to digitize the restaurant and hotel industry’s operations. With the founder’s decade’s worth of experience with Oracle MICROS as well as the hospitality industry, this allowed him to see the problem and opportunity within the sector. Under his leadership, the company has already had numerous achievements under their belt. To date, they have already deployed their POS technology to over 1500 restaurants including Starbucks, Pizza Hut, and numerous other restaurants in the United States, UK, Australia and other countries. The company is also the preferred digital solutions partner for Oracle MICROS and Simphony, the leading global POS service providers. Originally based out of India, Mahal made the strategic decision to move his headquarters to Toronto in order to cater to the North American market.

TechRyde offers on-premise and off-premise digital solutions that cater to the hospitality industry including restaurants, chains, franchises, and hotels. TechRyde technologies help businesses optimize efficiencies and minimize costs for online ordering, contactless payments, inventory management, labor and more. Solutions include contact-less QR code-based ordering for dine-in and web ordering for takeout and delivery, all of which can be fully integrated with POS and payment systems. Using a cloudbased subscription model, the company has the ability to rapidly deploy and integrate its platform to clients across the globe.

Ascent
Ascent Technology, a leading global technology solutions provider, has announced its expansion into the Canadian market through TBDC’s Startup Visa Program. Having already established a presence in the United States, the company has made the move with the intention of making Toronto their North American headquarters. Ascent Technology is a SaaS, AI, and ML driven company that offers a suite of fintech solutions which includes AutoBCM, its flagship product that helps businesses automate their continuity management.

Initially established in Singapore in 2017, Ascent Technology has seen rapid growth over the last few years. By leveraging its innovative technology solutions, the fintech company has expanded across the globe with clients throughout North America, Asia, and the Middle East. Its clients include
of the world’s largest financial institutions including ICICI Bank, Abu Dhabi Islamic Bank, Kotak Bank, Bank Dhofar, Doha Bank, and Emirates Global Aluminum. More recently, the company’s AutoBCM product was featured in Gartner’s Market Guide for BCM solutions.

TORONTO BUSINESS DEVELOPMENT CENTRE

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