Number of partners
Vancouver, British Columbia
President and CEO
Peter van der Gracht,
Founding Donor and Director at entrepreneurship@UBC
Taking Canada's wireless companies global
Canada has a long history of global leadership in telecommunications.
Maintaining this leadership in an increasingly wireless world will depend in
large part on the success of hundreds of small and mid-sized homegrown
companies. A critical issue for these companies is how to identify and connect
with the resources, partners and opportunities that will enable them to
commercialize new products and services, and expand into new international
markets. In 2007, Vancouver-based business accelerator Wavefront broke new
ground with a suite of services that began helping companies in British
Columbia. Four years later, the centre was looking to go national.
How Wavefront is seizing the opportunity
CECR support enabled Wavefront to expand its services across Canada and take firms global by providing access to commercialization resources normally beyond the reach of small- and medium-sized enterprises (SMEs). These include accelerated commercialization and mentorship programs, international market linkages, and product testing, as well as affordable access to mobile device libraries across the country to help SMEs develop their products. Wavefront also connects academic researchers who have developed commercially viable innovations to suitable industry partners. Networking and hands-on learning underscore almost everything Wavefront does, whether through conferences, seminars, training camps or workshops.
Among the results
- Over 120 new companies have been created, including Starling Minds – one of 20 B.C. start-ups launched by former Nokia employees who received support from Wavefront’s Venture Acceleration program, in partnership with Nokia.
- Based on an independent third-party analysis, Wavefront has generated $14.50 in economic benefits for every public dollar invested in it, and produced almost $300 million in GDP across the Canadian economy. Companies interviewed during the assessment stated that Wavefront helped accelerate their time to market by four to five months, generated new streams of revenue, and helped them save money.
- Ottawa-based Zighra worked with Wavefront, through the National Research Council of Canada’s Industrial Research Assistance Program (NRC-IRAP), on a go-to-market strategy for addressing the enterprise security market with Zighra’s Adaptive Behavioural Biometrics solutions. The company is now confidently engaging a number of Fortune 500 enterprises.
- Wavefront has introduced Sendum Wireless, a Canadian company, to mobile operators and channel partners around the world under their Global Market Entry Program. As a result of Wavefront’s market linkage introductions, Australian mobile operator Telstra has deployed Sendum’s asset monitoring solution through its Business & Enterprise portal.
- Rogers Communications has opened the Rogers Wireless Innovation Centre and M2M Zone in Vancouver, where business customers and developers can try out the latest in machine-to-machine (M2M) technology and enterprise mobility applications.
- Wavefront partnered with Sierra Wireless to continue raising awareness via hands-on developer training sessions. These events provide developers with the necessary knowledge and tools to rapidly develop and deploy M2M solution prototypes.
- Wavefront has introduced over 150 Canadian SMEs to global connections through 27 market linkage trips. Independent reporting showed Wavefront helped increase foreign sales for participating companies by 38%.
Connect with Wavefront