Catalyst has signed a Memorandum of Understanding (MOU) with the city of Brampton in Canada, with a shared goal of strengthening the innovative ecosystems and supporting entrepreneurs, innovators and Multi-National Companies (MNCs) in both locations.
Catalyst is an independent, non-profit science and technology hub focused on creating opportunity for all through world leading innovation and entrepreneurship in Northern Ireland.
Brampton, part of the Greater Toronto Area, is one of the fastest growing cities in Canada, which has seen impressive growth fueled by burgeoning innovation manufacturing, logistics, food production and life sciences sectors.
Following the visit of a Northern Ireland delegation to MaRS Discovery District and Communitech Waterloo in Canada, led by Catalyst’s Director of Strategic Business Development Adrian Johnston, with Belfast City Council and CSIT of Queen’s University Belfast, the MOU was signed with the intention of developing a closer relationship and enhancing opportunities for links between Catalyst and Brampton.
Catalyst, which runs multiple innovation programmes including INVENT, Co-Founders, Generation Innovation and STRYVE, is committed to creating opportunity for all, including those furthest from it in society.
The MOU states that Catalyst and the City of Brampton will explore and develop opportunities to cultivate closer relations with one another through cooperative activities including:
Adrian Johnston, Catalyst’s Director of Strategic Business Development, said: “Entering this joint collaboration with the City of Brampton is an incredibly exciting development for Catalyst and demonstrates our ambition to expand our strategic links with Open Innovation partners and entrepreneurial communities around the world.
“Brampton’s innovation and technology sector is booming, and Mayor Patrick Brown is leading the city through an ambitious and impressive economic innovation strategy, with an exciting future ahead and the building blocks in place to develop a world-class Innovation District. We feel Brampton’s vision for how entrepreneurship should be supported aligns with Catalyst’s own vision and we look forward to learning from Brampton and sharing our expertise with then through this partnership.”
Patrick Brown, Mayor, City of Brampton Mayor said: "Innovation and entrepreneurship drive economies forward and unlock untapped potential in the community. The signing of this Memorandum of Understanding between the City of Brampton and Catalyst is another step towards realizing this potential.
“BHive’s incubator program will welcome new startups from Catalyst and provide them with the skills and resources needed to succeed in the North American market. By joining forces, we not only strengthen our respective entrepreneurial ecosystems but also inspire innovation that transcends borders."
The MOU was signed following a visit to Canada facilitated and supported by Invest Northern Ireland’s Americas office, which included time at MaRS, North America’s largest urban innovation hub. Occupying 1.5 million square feet in downtown Toronto, MaRS is a diverse community of more than 120 tenants, including research labs and global tech companies, each selected to create a community that is collaborating on real solutions to important problems.
Source: Written from press release
