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Showing posts from October, 2012

Cyborg Trading Systems shows that exciting tech startups can come out of London

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So far, most of the FedDev funding for businesses in the London area—other than the huge $10 million contribution to help Mississauga-based Dr. Oetker Canada build a London facility—has come indirectly, though programs such as the Graduate Enterprise Internship ($1.8 million provided to the Research Park/Stiller Centre, most of which gets passed through to companies to help them hire STEM graduates) and the Applied Research and Commercialization initiative ($1.25 million to Western to enable the university to work on projects on behalf of companies).

So the announcement that will be made later today by MP Susan Truppe of FedDev funding for London-based Cyborg Trading Systems is something different and exciting for the city—and FedDev couldn't have selected a better company.

When I started working in London in the fall of 2010, Cyborg had just become a client of the Waterloo Accelerator Centre's Accelerator Program and had opened an office at the Communitech Hub in Kitchener. B…