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I, 7 .. WWW" . , .. . 3 WA] ”(I (X) CHRONICLE 'Wrduesday, Ileceiiiber H, .‘Ull ' l9 ~Â¥ * â€"~~wâ€"â€"~â€"â€"â€"â€"â€"â€"â€"â€"â€" t____.__w,- . .. ..._.-.c . ; MOViIl on up ! g Silicon Valley has the hype butAccelemtor Centre delivering results By Boa vRBANA(. ' 55¢}: , :‘wagrfiwccgsxv ’ . " }' " '_ l ' - ' ronment working with other stan- r 'h nuttcle sin/[_ W «W ‘gfiifl “$59~ 129$; 1 y * ‘ ups and mentors in the wider busi- hi Mgfiglvu":s fsg%kk;u -. . f 7 2: ness technology community that t sounded more like the} were ; Lt. “at; ' «of: i ;. 5ft? L"‘-“"“"‘3“' ‘. .j' ’4 17 .» ' really madeadifference. I leaving borne than graduating. 2;. ~" ‘ git . ; “You can meet other entrepre- as four new let hnology start ”3;" £53,, if; , f» ,, . ~. neurs. bounce ideas off of them, ups made the more Iroin Water ‘ ”- - ’ ‘9 j 1‘" ‘ ‘ . . and Ican't stress enough how helpâ€" Ioo's .-\cce|eratot Program lost If t! C“ ' ~ 7‘ fill the mentors Were here." said i I hursday to becoming fully é: "‘1“; “Kg 1§5 i ' Ting. "They helped us get to where formed businesses out oti their fifbé “'3'. h if oi: , , wearetoday." own. $3; if» . . ‘ It also helped them deal with , 'I he graduation oi I'nflick. afiifif". m: :"»;§. ““5" ,-.- L; . j j _ , the success they’re having and the l (‘learpath Robotics. ('rosstihasni at”; 1'; 2&1; 3' 31‘- » . . jy «. 7 continued growth they're expect- ! I'echnologies‘ and loyaltyMatch r?.;i§§jcw ‘ "iii-Eur ‘ , . ’ 4 ' ' ‘ ing. ‘ Inc, brought the grand total of ’,f}\r;\f‘u;”f{ I} 1‘“ , ‘i' ‘ -‘ I . ‘ -. “It nice to see the fruits of your ‘ companies fostered by the Acceler- ri..”v r " "1 ’ ’ . labour come to life,” said Ting alor Program since it opened iii 7 5~ , about the incredible heights 20% to 19, '7. . they've already reached. 1 he centre has significantly ‘ "But we're always lookingahead added to the area's reputation as a of us and we have really ambitious worldrt‘lass hot spot for start-ups. goals and we're definitely not done I According to (Zommunitech, yet in terms of building our com- " l which represents and supports this - ‘ pany. technology companies. the tech- "We still havea long ways to go." nology cluster has grown to more Echoing die importance of the thati 450 companies and has local tech community and places helped Waterloo weather the latest like the Accelerator Centre and the economic downturn. Communitech Hub in fostering While everything about those new start»ups was Brad Bell. the ‘ numbers suggests Waterloo is in Enflick‘s Derek Ting accepts the kaleidoscope last fimrsday that has become the symbolic torch passing to the CEO of LoyaltyMatch Inc. r the big leagues of new technology most recent companies graduating from the Accelerator Centre at the David Johnston REIT Park. “macro This is his third startup. includ- development. it‘s ihe little things ing a venture he operated in Cali- ‘ that seem to be making the differ (Irosstlhasm is doing important mentorship but also helping us to 2009. It also brought in major fomia's SiliconValley enu- lor the latest grads coining work iii the adoption ofthe vehi- not have to focus on things like investors like the members of the He said what's going on in i out of the AcceleratorI.t'ntre. cles of tomorrow, like electric cars. coreless toilet paper which has management teams of other social Waterloo Region is beyond com- Mutt stereos, ( It) ot (Irossr and have been recognized as one been an immensely helpful thing." media superstars like Justin Bieber pare. especially with the supportive ( basin, said the .-\cct-lerator ( cone of (1inada's top clean tech organi- The graduation ceremony also and lady Gaga as they move into a chironment. \\ as instrumental in not having muons by the I)eloitte 'Iechnology celebrated one of the first bona new office in the building next to "I started my last company in him and his partner ('hristopher (.reen HIM program, fide stars to come out of the Accel- the Acceleratorfcntre. Silicon Valley but there wasn't this Mcndes. a fellow engineer, drive Stevens said moving out of the orator Centre. Iinl‘lick. a leading The mentorship and the sup- kind of support." said Bell, whose the rompany into the ground .-\ccelerator (Mitre was kind of like provider of realrtinie social soft- port they got from what is a real company delivers and maintains { when they first started in 2004 leavmg home ware solutions tech community. helped Enflick get loyalty program rewards solutions. It helped them “Hit a lot «)1 “You realize how touch your Ihc company's TextNow and set up making theAccelerator Cen- “Silicon Valley gets a lot of the things a business needs, like set Mom and Dad did for you and l'ingChat! applications are those ire a launching pad to their suc» hype but there isn't as much shar- , on): up their information It'( linolo that's t‘\.l( tlv what we expert» proverbial killer apps everyone is cess. ing and you can't walk into a Accelr to Ami human resonn es, while enced." he said. getting a big laugh talking about. and they already "In the beginning we had no orator-type setting. ‘ the\ mold (tint entrate on building from the more than lot) people have more than 2|.5 million users idea how on earth to start a com- “You couldn't go up to your col» the « ore llll\lllt’\\ galliered for the graduation tt‘l’t'r worIdWIde pany. and what we needed" Ting leagues and start Chatting with 1hr r-ngitieertng tlil]\llllill;.: mony lounded by two University of said. “There‘s a lot of office infra- them. Everyone covers themselves tum, spec rah/mg ill ll\l)ll(l and “After four years oi operation I Waterloo computer engineering structure here that means that we â€" they go under a rock and they rler int who ll’ modeling design no“ knois the prir t‘ of ( tireless tot grads, Derek Ting and Ion Ierner, didn't have loworry about it. don’t want to share because it's all and simulation, has treated a pro let paper whit h I thought I never I iiflick is lookingtolaunch its next “We could really focus on out about them, giant < allml llt't'li artna that goes llt‘l'tlt‘tl to knon and \sislied I lli‘\‘|'I application called Touch {see product and getting otir product to "This is all about us (as a cone flt't'l managers as .It r male assess did \\'\‘\'\\‘.10lltll r omt and has grown market and not be distracted by all munity) and the people in this nu-nt oi the total r mt oi omit-rship “Hui ll s been a lll.l\\l\t‘ help from two people to more than 30 those other things." room and I commend everyone for in fun on“. hm a U in. Ir and lit-iir-lti not on|\ In going its suit c it was founded III the [all ol But it was the supportive cmi that because il'sa really higstep " Traditional festive foods...rare cheeses. * .5 . v . v . > ! Mel. Chflsm l! exqutsrte truffles, specralty cakes. fine cuts * @3951; . ,_ I y “we of meat, international cuisine... 1r ' .. Q". E - . . e2, ' ' ' . . . ' , (a, ‘X . Fashionable holiday decor Items Si. .10”th - 65 a W. 5“ i“ and gifts for everyone on ' , . â€" :5 " It! ,5 your Christmas list! * Farmers It. as SANTA-S SCAVENGER HUNT it “,1 , ~k A ‘_ j . Untll Dec. 24 I)~"l.|ll\ at snacoos r or” A (I I ( K I . 519-747-1830 878 Weber St Waterloo THURS 8. SAT 17: '10 Ill/h agar/aw. tarr- i . M