|
|
|
Issue #7 - September 2019
|
|
|
The Vaughan Economic Monitor is a resource from the Vaughan Economic and Cultural Development Department that shares hard-hitting facts, figures and news related to economic, market and business activities here in Vaughan. New issues are delivered bi-monthly.
|
|
|
|
 |
|
|
Celebrate Vaughan Small Business Week this October
|
Small Business drives Vaughan. In fact, 81% of all businesses in Vaughan have under 20 employees. There are more than 7,400 companies in Vaughan with under ten employees, which constitutes 61% of all business in Vaughan.
Ahead of Small Business Week for 2019,
BDC surveyed Canadians on their views on entrepreneurship. Nearly 90% of those surveyed agreed that entrepreneurship is important for Canadian economic development, and Canadians said that entrepreneurs are brave, courageous, hardworking and innovative.
Vaughan Small Business Week is run every October as part of the nationally recognized celebration of the contributions small business makes to our economy.
A new partnership agreement to support local innovation will be announced at this year's Small Business Week, which will further establish Vaughan as a hub for entrepreneurship, talent and innovation.
Join the celebration of Vaughan's talented local entrepreneurs and small business owners. Have real conversations, get practical advice and leverage resources and connections to help your business grow. Celebrate and get connected with your local business community!
Space is limited;
Learn more and register today.
|
|
Activate Vaughan! for a sustainable future
|
 |
|
|
Mayor Maurizio Bevilacqua at the 2018 Vaughan Social Innovation Challenge pitch competition.
|
Sustainable transformation requires collaboration between established businesses and start-ups with big ideas. The City of Vaughan invites businesses of all stages to join the Activate! Vaughan Innovation Network and to collaborate on disruptive business ideas that will advance sustainability in key industries.
How you can get involved this Fall:
- Pitch your solution: Activate! Vaughan is calling entrepreneurs and start-ups to pitch their ideas for a sustainable future at the Activate! Vaughan innovation challenge on November 21, 2019 for a chance to earn a $5,000 provincial grant
- Partner with Vaughan Businesses: Activate! Vaughan is calling on business leaders looking to develop and implement innovative sustainability solutions to join the program and provide insight into their industry. For more information please contact [email protected].
- Mentor future leaders: Activate! Vaughan is calling on business experts to share their advice and expertise with entrepreneurs to help them develop their business ideas, perfect their pitch and amplify the impact of their solutions.
Learn more
|
|
Vaughan Chamber of Commerce leading business mission to Israel in November
|
The Vaughan Chamber of Commerce is offering a business trade mission to Israel from November 25 to 30. Join other local business professionals travelling to Tel Aviv, Tiberias, the Dead Sea and Jerusalem, and make business connections along the way.
|
|
Vaughan leads York Region in condo and single-family home sales
|
According to the latest figures from the Building Industry and Land Development (BILD) Association, Vaughan sold a total of 2,456 condominium units and 414 single-family homes, the highest numbers of sales in York Region. Vaughan constituted 71% of all condominium sales in York Region this year. These numbers represent a significant increase from 2018, which saw sales of only 291 condominium units and 91 single-family homes.
On the substantial activity in Vaughan, Justin Sherwood, BILD's Senior Vice President, Stakeholder Relations & Communications commented,
"Vaughan has an active market right now due to a large concentration of new projects being undertaken in the Vaughan Metropolitan Center (VMC) and the attractiveness of new projects in such proximity to the subway".
|
|
ventureLAB launches the Hardware Catalyst Initiative
|
The Hardware Catalyst Initiative (HCI) is Canada's first hardware and silicon lab and incubator. Located at ventureLAB in York Region, Canada's second largest tech cluster, the HCI will help hardware and silicon-focused tech companies build and grow their companies at an accelerated pace. The HCI is a 12 to 24 month program for tech companies building solutions for technologies like AI, IoT, wearable computing, 5G, and other transformative technologies that will enable the creation of globally disruptive products and solutions. Companies accepted into the program will gain access to a 1,500 square foot hardware lab with specialized equipment, access to highly experienced hardware and silicon development experts, and specialized support around IP protection, market development, and purchase and supply contracts.
A call for applications will open on October 1. To learn more about the HCI, eligibility, and if it's a right fit for your company, visit www.venturelab.ca/HCI or sign up for the webinar on September 25.
|
AIME (Achieving Innovation and Manufacturing Excellence) Global program applications are open
|
The AIME (Achieving Innovation and Manufacturing Excellence) Global program has been topped-up by the Government of Canada's, Federal Economic Development Agency for Southern Ontario, through the Investing in Business Growth and Productivity Initiative. The Yves Landry Foundation established the AIME Global initiative, offering manufacturers in south, central and eastern Ontario up to $100,000 to offset the costs of training expenses and skill-supgrading related to supporting innovation and achieving a competitive advantage.
Participants must meet the following criteria:
- Have between 10 and 1,000 employees in southern Ontario;
- Have been continuously in business for at least three years (3 years);
- Must be able to demonstrate a solid financial footing over the three year period;
- Manufacturing facility or facilities in Southern Ontario;
- Manufacture a specific product for sale in Ontario or elsewhere.
Learn more or begin an application
|
|
EMC's 'Advantage Through Excellence: Future of Manufacturing Conference' in Vaughan this October
|
Canada's Largest Manufacturing Consortium, Excellence in Manufacturing Consortium (EMC), together with event partners and stakeholders, is hosting their national manufacturing conference October 8 to October 10, 2019. 'Advantage Through Excellence: Future of Manufacturing Conference' is a two-and-a-half day event exploring the competitive advantages, opportunities and successes that can be achieved by manufacturers through industry-driven interaction and sharing of best practices. Up to 900 manufacturing decision-makers from across Canada are anticipated to attend.
At past EMC events, conference delegates typically consisting of senior manufacturing leaders (CEO through to Plant/Operations management) comprised over 80% of total participants. These manufacturers are complimented by industry, business and community stakeholders who all share a similar objective: experience first-hand, EMC's motto of "sharing to optimize learning, expertise and resources to achieve world class", which its members have so successfully fostered.
Knowledge, experience and successes will be showcased to explore these five conference streams:
- Advanced Manufacturing & Innovation
- Export Development & Growth
- Operational Excellence
- Future State of Manufacturing
- Plant & Best Practice Tours
|
Drone Delivery Canada opens new commercial operations center in Vaughan, announces commercial partnership with Vaughan-based manufacturer
|
Drone Delivery Canada has opened a new 16,000 square foot state-of-the-art operations facility in Vaughan, which will be able to manage 1,500 drones at full capacity. In the last year, Drone Delivery Canada also announced a $2.5 million deal with Moose Cree First Nation to deliver goods, as well as a marketing partnership with Air Canada.
The Vaughan-headquartered drone technology company has recently announced their first commercial partnership with Vaughan-based Vision Profile Extrusions Ltd., a building products manufacturer, to deliver products between their locations.
|
|
Vaughan-based auto sector manufacturer receives federal funding to scale operations and create high-quality jobs
|
Global Plas Inc., a Vaughan-based manufacturer of molded plastic parts for Tier 1 automotive manufacturers, received $3 million in FedDev Ontario funding. This funding is being used to renovate their new 71,000-square-foot facility, add new production lines and invest in new machinery and equipment. The investment will create 50 high-quality jobs, and will allow Global Plas Inc. to expand operations, further strengthening the automotive parts supply chain across Southern Ontario.
|
|
facingNORTH Exhibition open at 'on the SLATE Atrium Gallery' at City Hall
|
|
|
|
| Mayor Maurizio Bevilacqua alongside York Regional Police Chief Eric Jolliffe, Senior Art Curator and Planner Sharon Gaum-Kuchar, East Gwillimbury Mayor Virginia Hackson and York Region Chairman Wayne Emmerson at the opening of the facingNORTH exhibition. |
|
The facingNORTH: art | symbol | story exhibition opened in June in recognition of National Indigenous History Month and National Indigenous Peoples Day. It will be featured in the on the SLATE Atrium Gallery at Vaughan City Hall until Tuesday, Dec. 24, and includes stone and bone sculpture displays and wall hangings that interpret traditional Inuit legends, myths and ways of life. The City of Vaughan proudly recognizes the outstanding creative accomplishments of these three exceptional Inuit artists - and all Indigenous artists - as respected artists, whose work contributes significantly to the wealth of the contemporary Canadian art scene.
|
|
The City of Vaughan launches the Vaughan Rising podcast
|
The City's first podcast series is here! Vaughan is the commercial real estate market to watch. Mega developments, a business-friendly climate and a bold approach to city-building are creating unprecedented opportunities for businesses and residents. Host Michelle Samson, Economic Development Officer, takes a deep-dive into Vaughan's most exciting projects with the leaders making this city the place to be. The Vaughan Rising Podcast is produced by the City's Economic and Cultural Development department. Find it on Apple Podcasts, Spotify, SoundCloud and at vaughan.ca/podcasts.
|
|
Build your community while building your business
|
Economic and Cultural Development is proud to be a supporter of the Vaughan Chamber of Commerce. If you are attending their 39th Annual Golf Tournament on Friday September 20th , drop by and visit us to learn more about our Corporate Partnership Program and the countless ways to partner with the City of Vaughan.
GROW your business. ENGAGE your employees. GIVE back to community.
|
|
|
The City of Vaughan's Economic and Cultural Development department focuses on facilitating entrepreneurship, employment and investment opportunities, developing and promoting art and cultural experiences, as well as engaging thought leaders to generate insightful ideas, strategies and actions that drive economic, cultural and partnership investment. We work to make Vaughan a place where entrepreneurship, business, art and culture prosper and grow.
For more information, contact the City of Vaughan's Economic and Cultural Development team at
|
|
|
|
|
|
|
