Research parks are
communities of innovation
where the combination of
ideas, connections and
opportunities converge.
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www.aurp.ca
History of Research Parks
• Founded in 1951, the Stanford
University Research Park was the first
research park of its kind in the world.
• Other major research park
developments followed over the next
three decades, most notably the
Research Triangle Park in North Carolina
in 1959 and Innovation Place in
Saskatchewan in 1980.
• Today, North American research parks
occupy 47,000 acres and include 124
million square feet of space.
• More than 300,000 knowledge workers
are employed in a research park with
every research park job creating an
estimated additional 2.57 jobs in the
economy .
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AURP – Association of
University Research Parks
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AURP (USA) - based in Tuscon, AZ
Celebrated 25th anniversary in 2011
AURP (USA) has 190 members
Formed CDN chapter in 2007
Association represents all 26
technology parks across Canada
• AURP Canada is a chapter of AURP
(USA)
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AURP Canada
• 26 Parks in Canada
• 1,800 companies
• 65,187 accountable jobs in
Canada
• 3.2 Billion in salaries
• 4.3 Billion Dollars in annual
economic impact to the Canadian economy
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2013 PwC Economic Impact Study
www.aurp.ca
AURP Canada Mission
To play a meaningful role in the global
research and technology park
movement by enabling the growth and
development of new and existing
Canadian research parks and playing a
pivotal role in the transfer of
technology, the commercialization of
products and services, the collaboration
with business, government and
academia and the advancement of the
Canadian knowledge economy.
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www.aurp.ca
AURP Canada Objectives
• To improve the long-term
sustainability of Canadian
research parks
• To support the development of
knowledge-based SMEs
• To encourage the development
and growth of accelerators
• To increase the total number
of businesses in the knowledge
industry in Canada
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AURP Canada Objectives
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• To facilitate the creation of gainful
employment opportunities at
Canadian research parks
• To support the expansion of
industry leading technologybased firms
• To link sustainable economic
development returns to
communities in which the
research parks operate;
• To engage stakeholders, industry
partners, potential clients and
international markets.
www.aurp.ca
Coast to Coast
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British Columbia – 3
Alberta – 2
Saskatchewan – 1
Manitoba – 1
Ontario – 6
Quebec – 11
New Brunswick – 1
Nova Scotia – 1
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“Commercialization is a contact
sport” – His Excellency, David
Johnston, Governor General of
Canada
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(November 2011 @ AURP Canada Reception)
www.aurp.ca
• “It takes just one person to have an
idea, but the ideas come faster and
more frequently when talented
people come together to sharpen
each other’s insights and pool their
expertise. A community of
innovation.”
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David Johnston (former president of the University of Waterloo and
current Governor General of Canada
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Common Elements
• University/institution
• Close relationship with the
Technology Licensing Offices
• Facilitate collaboration with
researchers, students, and
government for tech
companies
• Mix of large established
companies, SME’s and start-ups
• 75% of parks in Canada have
Accelerator Centre/Incubator
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• Shared amenities and services
• Create a spirit of community
and collaboration among
companies
• Provide business and social
programming to create healthy,
global, leading edge tech co’s
• Have strict guidelines for entry
into the park/facilities
• Strong economic drivers in
each of the 26 communities in
Canada
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David Johnston Research +
Technology Park
University of Waterloo
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David Johnston Research + Technology Park:
Partners
13.4 Million
13.4 Million
6.7 Million
6.7 Million
40.2 Million
Super Build
Funding
CRITERIA FOR TENANCY:
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• to encourage the creation or relocation
of research-based companies whose
research and development interests are
compatible with research and
development activities in the University;
• to provide suitable employment for UW
co-op students and graduates;
• to produce a long-term financial benefit
that will help the University to enhance
the quality and relevance of its
programs of teaching, research and
service;
• to assist in the economic and social
enhancement of the surrounding
community by facilitating the creation
or relocation of companies or agencies
employing highly-skilled people.
www.aurp.ca
Discover. Accelerate. Collaborate.
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2004
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2005
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2006
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2007
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2008 – RAC I
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2009
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2010 – RAC II
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2011
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www.aurp.ca
2011
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www.aurp.ca
Phase II
475
445
465
1
5
8
435
Wes Graham Way
425
415
11
1
420
7
10
380
375
SAP Company
105,000
2.
Open Text
122,000
3.
Accelerator Building
97,000
4.
TechTown
69,000
5.
Research Advancement Centre (RAC) 70,000
6.
InnoTECH
103,000
7.
The CORA Building
110,000
8.
RAC II
9.
Open Text II
110,000
10.
Centre for Sustainable Excellence
120,000
11.
Multi-Tenant Building
150,000
12.
Phase II - 27.5 Hectares (68 acres)
70,000
2
275
9 295
3
4
340
6
300
Frank Tompa Drive
Hagey Blvd
1.
University of Waterloo (South Campus)
Future LRT
Hub Site
The R+T Park Today…
• 75 Companies Total
• Approx. 45 of those are startups in the AC
• 3,200 knowledge workers
total in the park
• 860,000 sq feet in 9 buildings
• 10th building – 2017
• 11th building – 2018 - CSE
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www.aurp.ca
The R+T Park Today…
• $602 Million in Spending
• $319 Million in Labour
• $428 Million in GDP
• 50% of park companies used
WatCo
Estimate 6,747 facilitated jobs
• Future estimate: 9,892
• 10% of the total GDP of the
26 parks in Canada
2013 PwC Economic Impact Study
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www.aurp.ca
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The Velocity Residence is a dorm for University of Waterloo
students who wish to learn more about building a startup
or work on their current companies.
Velocity Alpha is a series of workshops, panels and sessions
that runs each term to help educate the public about
building a successful business.
Velocity Science is a partnership with the Faculty of Science
to provide a discovery lab, mentoring and coaching for any
student with a startup in materials or life sciences.
The Velocity Fund provides seed funding and pitch
experience to companies through the Velocity Fund Finals,
held three times a year.
The Velocity Garage is 7,000-square-foot facility with free
workspace and a peer community for more than 30
software startups.
The Velocity Foundry has 11,000 feet of free workspace
and a peer community for more than 30 hardware
startups.
Companies that are currently in have launched from
Waterloo’s Velocity startup program have raised more than
$250 million from investors.
www.aurp.ca
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