Media

EEDC invests in San Francisco co-working space to provide Silicon Valley access for local tech companies

EDMONTON (May 1, 2018) – Edmonton technology companies seeking new connections and investment opportunities in Silicon Valley now have access to a free co-working space in San Francisco when they visit.

Edmonton Economic Development has signed on as a Founding Member of the Canadian Landing Pad (CLP), organized by Connection Silicon Valley, which is providing desk space in a San Francisco co-working space to Canadian companies looking to do business, network and make connections in Silicon Valley.

The investment will provide Edmonton tech-focused companies with access to convenient office space, networking opportunities and events, free of charge, at The Vault workspace during their trips to Silicon Valley. The desks are available on a first-come, first-served basis, and companies can request a desk for up to two weeks at a time.

“This will directly benefit the companies that we work with in Edmonton, and complement our efforts to help create and grow new technology companies at Startup Edmonton, TEC Edmonton and the Edmonton Research Park,” said EEDC’s Vice-President of Innovate Edmonton, Cheryll Watson, who will tour the space at The Vault with Alberta Economic Development and Trade Minister Deron Bilous, Edmonton Mayor Don Iveson and Startup Edmonton CEO Tiffany Linke-Boyko on Friday, May 4, during the Edmonton trade mission to San Francisco.

The initiative comes as Air Canada launches daily, non-stop flights between Edmonton and San Francisco as of May 1, 2018.

“We work hard to provide support to companies at all stages of their growth,” Watson said. “We know that there is an abundance of mentors, investors, talent, and business connections for tech companies in Silicon Valley, and this is the perfect opportunity to help Edmonton companies access them.”

The Canadian Landing Pad program is run by Connection Silicon Valley as a four-month pilot.

“We are in a unique position to leverage our connections and provide Canadian startups with direct access to a network of founders, investors and potential customers that we meet and do business with in the Valley every day. By creating a gathering spot for startups to use as their home base, the Canadian Landing Pad answers the question all startups looking to scale have when visiting San Francisco ‘Where do we meet, connect and build meaningful relationships in order to grow our business?’” said Joanne Fedeyko, CEO of Connection Silicon Valley and past Executive Director of the C100 Association.

Dave Damer, Founder and CEO of Edmonton-based Testfire Labs, sees the benefit of the new program.

“Like many startups, Testfire Labs is at a stage where we need to connect with new talent, customers, and funding opportunities to support our growth. This pilot project couldn’t have come at a better time, and I know many companies share our appreciation for Connection Silicon Valley, for their efforts in pulling this together. We’ve experienced first-hand the truly beneficial collisions co-working spaces like Startup Edmonton and the Vault offer growing companies,” said Damer, who is one of the business representatives on the trade mission to San Francisco.

Note: Cheryll Watson is available for phone interviews Tuesday, May 1, or an in-person interview the morning of Wednesday, May 2. To arrange an interview, please contact:
Stephanie Coombs
Director of Communications and Marketing | Innovate Edmonton
Edmonton Economic Development Corporation
Cell: 587-921-5766
scoombs@edmonton.com

To arrange an interview with Dave Damer of Testfire Labs, please contact:
Danelle Fash
Marketing Manager
780-918-9346
danelle@testfirelabs.com

For further information on Connection Silicon Valley, please contact:
Joanne Fedeyko
Founder and CEO
Connection Silicon Valley
Cell: 415-307-1382
jfedeyko@connectionsiliconvalley.com

About Edmonton Economic Development Corporation
Edmonton Economic Development Corporation is a wholly-owned entity of the City of Edmonton, governed by an independent Board of Directors, and tasked with cultivating the energy, innovation and investment needed to build a prosperous and resilient Edmonton economy.
For more information, visit www.eedc.ca.

About Connection Silicon Valley
Connection Silicon Valley is an organization that helps companies collaborate, connect, innovate, and partner with Silicon Valley’s world-renowned technology ecosystem. Our business is centered around bringing better innovation to Canada by helping startups and large corporates leverage the best of innovation from Silicon Valley.