Infotech Lead America: Cisco, in association with the University of Waterloo, has set up Cisco Incubation Centre in Canada.
Cisco will also have a Research Chair in Smart Grid at the University.
Cisco Incubation Centre, located in the University of Waterloo’s David Johnston Research + Technology Park, will focus on providing local start-ups and students. Researchers and entrepreneurs will have access to Cisco technology portfolio, including collaboration tools such as Cisco TelePresence.
Cisco is expanding its relationships with universities across Canada to foster research to increase Canadian innovation, productivity and global competitiveness.
Cisco’s university network currently includes resources at Vancouver Island Technology Park, the University of Winnipeg, and the University of New Brunswick, with more to follow.
“Innovation is a key driver of economic development in Ontario, and it’s initiatives like the Cisco Incubation Centre that will further enhance the province’s position as a global hotbed for research and development. I congratulate Cisco and the University of Waterloo for their commitment in helping foster the next generation of entrepreneurs and innovators,” said Brad Duguid, minister, Economic Development & Innovation, Province of Ontario.
“Cisco Canada’s presence in the David Johnston Research + Technology Park provides our university community with a terrific resource. Enterprising students and entrepreneurs will have access to knowledge, expertise and tools that will be a tremendous asset as they endeavour to conduct research or build a global network to launch new initiatives. The Incubation Centre adds a new level to the relationship between Cisco, the university and Waterloo and demonstrates our mutual commitment to foster Canada’s next generation of innovators,” said Feridun Hamdullahpur, president and vice-chancellor, University of Waterloo.
“Waterloo is a renowned technology hub for Ontario and Canada, and recognized for its engineering excellence around the world. The Cisco Incubation Centre brings enterprising minds together, through our network facilities at Research Tech Parks and in partnership with universities across the country. We want to inspire Canada’s emerging entrepreneurs and leverage the amazing work being done in Waterloo,” said Nitin Kawale, president, Cisco Canada.