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l‘ - ” m ' WWch-y.mnzonots l Accelerating the CB Number of graduations on the 113' e at local high-tech business incubator ' By 30an Chronicle Staff '1 ast week's graduation ceremony for two ' ‘ ’ ‘ Accelerator program clients wasn't . j otable for the fact that two more high- 4g . tech startups are ready to leave the business (I it: "ml 1 incubator and set up their own shops. / ,2. ‘ ‘ I 1 It's the pace of those graduations that has ‘\ . -. ‘5 ’” .< 1 . become the story. §§§ ‘ f1 35;: s ' 7. g} ‘ ‘ While it took a while to get the first one ‘ . a; .5; 5' . H . out the door after the centre opened in 2006 \ $3.. ’3‘: g: Q to foster the next generation of high-tech ‘ Y ”of; . 3,1; ? l startups. in the last year six more graduates . $3 - f" ‘ I of the program have had a similar ceremony. ‘ 3? if “ 3 . , The latest ones are ClewU. which started 7" V . »- _ in September 2010 in the new joint program ' 2 set up between the Accelerator Centre and mu \ . l'he Communitech Hub, and Tangam Sys- ‘5 ' ‘ tems. founded in 2004 by University of _ , to, ‘ "' Waterloo graduates. . ’ . z: 3». 4i ‘ “It used to be we‘d have a graduate every " . .. six months. now every quarter we're seeing “ -= ; graduates." said Tim Jackson, CEO of the . . g Accelerator Centre. '* up. ‘ 5:5: .3 "It really shows two things â€" one. the i ‘ 2 : entrepreneurial spirit is alive and well in " 1 Waterloo Region. and it shows that the l I Accelerator program is working." l in fact, the Accelerator Centre's chief . _ ; Operating officer Tim Ellis was in Australia Bithaters. Davnd Murdoch, DmFoxaMTusMrShghdMeadilgbdrbbgyIkmObwUshnthotthaflm W mm 1 1;,“ week to share that success story with Communttech'Hub. 019er isomofthetastoststampstowercotmtwmghthemmpmgram. mmfromthe Mbthelrounoflboh . counterparts interested in setting up some- Waterloo '" a We more than W months - “mm ‘ thing similar there. And people from around how to export that. We'll try to help those started a new business with his partners services he got through the accelerator pro- the world are making a bee line to this area regions and in turn bring in some revenue Bill Waters. David Murdoch and Tushar gram. and of working out of what he calls It) see why the model has become so succes- for our companies here." Singh. the "sandbox" at the Communitech Hub. ful. Cleer has been a case study for moving After last week's ceremony. Fox made his “if you look at the resources you would “What we've built here in Waterloo a startup from idea to a full-fledged intema- second visit to Chongqing, China to explore never be able to pull this together on your Region is really a model that the rest of the tional business looking to secure contracts the possibilities of delivering his company’s own. world is looking for," said Jackson. for its e-teaching technology in markets in technology â€" bringing the classroom expe- “It makes it easier for you to leverage “l was in Kenya two weeks ago helping a China and lndia. rience to individual personal data devices your idea into something that is much big- foundation there look whether they should . It started with a conversation at the like BlackBerrys â€"to a market of more than get. faster." he said. . establish an Accelerator Centre. Digital Media Forum in Stratford last May. 220 million people in rural China. ‘lt's absolutely an accelerator centre, and _ "People globally are looking at what we're By lunch time. the company's CEO and “This is a magical place where special when you wander around here you got what doing and saying something is going on in president Dana Fox, a former business things happen," said Fox. who has been an we call ‘collisions’ . . . and everybody is here Waterloo Region and our challenge now is professor at Wilfrid Laurier University, had enthusiastic promoter of the support and to share.” Simplify your life... Get LASIK! LAS/KMD 1321 » ~ . J ‘. ”an“ - m‘_ - ,1. , we, .3" . u, A 32" “2"”; 9‘1”“er . -one-tlme r. ‘ ' ' .. l C 56 LASER VISION CORRECTION .,. . A ‘ Starting at ‘ . O 0 g. In; -' , . FREE Cr'yiwtllItLJImr. ran-cos 9888 ‘\. I ‘ w lCl‘KWIWCl 1? mm ‘ at e" ‘- /eye* Weathwmuchyouommon 2“ “. .. Memoir/WWW MICHENH?‘v‘t‘fliiithg . ‘3. .4, A ~ i, W . y 3% All-Laser LASIK Available W“ ’°°'°""°' . . . st. ‘7 . our 1 .- .. '1’" .71..) Wsfity(fi$x| 5‘ <7 . . ‘ (in... ‘1 , .7 .._, f»: 4 . . r . . m; a. , is... .. . .