From concept to commercialization

The City of Toronto’s Economic Development and Culture Division recognizes the importance of this segment of the economy and supports startups through its Enterprise Toronto and Business Incubation programs. [...] The City understands the value and contributions of this segment of business, which is the impetus for the creation of this Strategy. [...] T he Importance of a Startup Eco-system Strategy for the City of Toronto VISION: Toronto is the startup capital of the world, the ideal place to start and grow a business. [...] This Strategy takes that approach by building upon the strengths of the startup eco-system and identifying measurable actions to achieve the ambitious vision of becoming the startup capital of the world. [...] With that in mind, this Strategy was created to: • Identify collaborative initiatives the City of Toronto can implement to support the startup eco-system and establish Toronto as a global leader in business formation and growth • Identify roles for the City of Toronto in business incubation across the city through addressing key sectoral and community economic development gaps in the startup eco-s