The
Canadian Innovation Exchange (CIX) has released this year's list of "Canada's top 20 most innovative technology companies." As reported by the
Globe & Mail, eight Toronto companies are among this year's top 20, making Toronto (by far) the highest ranking innovation city on the list. The winners of the CIX competition—a competition that received hundreds of applications from across the country—will present their innovative concepts to venture capital firms and corporate investors at an event on Dec. 1, at Toronto's
MaRS Centre.
"The CIX Top 20 is split into two groups of 10: Information and communications technologies (ICT) and digital media."
"Hundreds of applications were received from across the country, and the finalists hail from the Toronto area, Montreal, Vancouver, Ottawa, Calgary, St. John's and Waterloo. The selection committee was made up of experts from corporations, as well as entrepreneurs and investors. The companies were judged on a number of key factors, including the product or service offering, the depth of management, market opportunity and business model."
"The Dec. 1 event gives each business the opportunity to showcase their innovative concepts to a CIX audience of Canadian and international venture capital firms and corporate investors. A winner from each of the two categories will be chosen through a 'virtual stock exchange,' where event attendees buy, sell and trade virtual shares."
see full list of winners
here
original source
Globe & Mail