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Waterloo Chronicle (Waterloo, On1868), 21 May 2014, p. 7

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WWW-Madly. 21.20107 0 e 0 Plan coming to councrl 1n July ., . 33... w _ Cominued from ”I The idea that has drawn ing pad that will take in oom- 3‘6 “'5. L. g , ,3 :‘i‘i‘fiffifi ' 8mm the most interest is enhanc- paniesthattheyinvest inand :tfl‘I fig 0 ‘ But Manning said the uni- ing the services the universi- they will reside there while “a” versity is also early in the ty provides for entrepreneur pruvidingall sorts ofmentor- w . c , process of investigating it's ship. it's part of UW's smite ingandotherservioes. K’ Â¥ . potential as a startup district git: plan to support pro- “That‘s right across the ‘ ‘ thatwouldbe bothareuuite grams. specialties and street tromthebuildingstl'tat Gas ment tool for the school expertise the university me the University of Waterloo W . _. while supporting the innova- are; to foster new businesses has acquired and is feeding My . 5 _ ’ tion and commercialization “How can we use those into the discussion about ‘ "mud .I.‘ .3.., ,.,,,.~‘, . . , 5 . ofideasthatarecomingfrom new building and the space how to evolve that space 3 U .‘I f. .. g r , 3' Waterloo's campus. that we've got in the Oolum- from the university's per- 3M .I“.I , ”gm , t "The IBM Smarter Cities his and Phillip Street area to spective.’ “' 7;: T * ' .. ‘ it ' . ‘ tookakiokatNorthdaleand cnhanoedrepmvisionswe‘ve Hesaidthere‘sbeenalot " . " ‘ ‘ ‘ the ideas come very much got for entrepreneurship,” of confidence shown in the " 3 ,, ‘ f6 ‘ Q NT A 3 from our participation in said Manning. areawith momma ,: _ .y , .' , " l“ ' .. . " 1 than," said Manning about Some of that potential is the rest of W5 prop- “? 3 I 'j ~ ”E ‘ it 4 thestartupdistrictidea already coming to fruition. erties to Spear Street Capital ‘ ,, i , ‘ .. ,. m ‘ ; I Northdale is the neigh« Tim Ellis, former CEO of the for $305 million Spear Street ‘ '“ 73;” " . ’ 5 “J. $3 . (f, bourhood just north of the Waterloo Accelerator Centre, Capital is a major player in F . f. . 3 . ; ' ‘ 5} university campus that has along with his partner the real estate market in Sili- . . p . 1"” “I! L “ l' 3 been undergoing a transforâ€" Michael Weherie have pur- con Valley in California and . .. ‘ fl 7‘ oration from a student duetâ€" drased the my build- other tech hubs in the U.S. _‘j. " ' if, to to a mixed use and mod ingacrom tirestreet from the “That's a nice endorsement . 1.. . _. z' ' erndevelopmenttiuthopes potentidstartupdistrictasa tintthey'remaldngwiththia “f" . ' to serve the Waterloo of landing pad for stumps. it investment."saindFadden. . 1 . g; 3 tomorrow. Part of that is to will also serve as a launching A more formal Mission " i g create business and other pad for a new SZOO-million about the future of the ..,. , 4 . ‘ _ ' . . . . _ . . ' . .*. .'. ff; . u . . ' . ‘ opportunities to drive that venture capital fund admin- mumhia Street is coating to 5“ " " _ . development. and UW is in istered by Diligence Capital Waterioocmmdon luly l4. ' s w m m n the thick of that discussion foursingon load startups "An entreprerw‘ship hub - , saidManning. 'lt’s going to he an incu- is one of the ideas that is , .nXat - . l”. ' 3 "’4” 'lt’s not just about the bation hub," said Justin coming to the forefront of , corner we own. it's about McFadden. the city's director Mdiaarssiort'saindFad- 5g , ,1 ? f'VT'Tfi, , ; . , 2. g - - y thinking about that part of of economic development. den. “There's-lot happening f. N .~ ‘ . 3 - ~ 3 ‘ ‘ 3 i .. t . t t i 1 ,2 s Northdale and exploring "final will help the oompa» that area today and it feed! . ; i‘é“""‘§’ . . ”'7‘ "’"” “ . u' g ‘ opportunities for economic nies grow they're investing into tumingthat into aentre- P ., w ' ‘ . ‘ 9f 7" ‘ » m M devdoprnentdsere'hesaid. inniey’regoingtobealand WWâ€"Mhuh' f“ "h - . err-3's. he, 5 J ‘ I 3 r .; -. ”7‘ ‘i (when 5 .. ~ " z a - or: m.» 2H8 . , . » . 3 r 4" ‘ ’1 .. .' ' 7" ‘ , . ‘\ )3‘5‘884’4200 .»v m , _ , ' ‘ ‘ 7 i "" W ‘ ~ 3 r; ootrom ,3. .- a A . ,3 . up; strut. mmmmmmmr A h: m ‘9‘“. 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