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Hamilton Economic Development

Hamilton Highlights Newsletter – September 2017

In the September 2017 edition of Hamilton Highlights…

  • Stryker Canada invests in Hamilton
  • Doing Business with Government
  • Five Innovative Startup Companies Win Big at LiON’S LAIR Competition
  • Hamilton Wins Big
  • Time to NOSH Again in Hamilton

Click here to read the September 2017 Hamilton Highlights newsletter.  If you are interested in signing up for the Hamilton Highlights newsletter, click here.

Hamilton Brings Home Seven National and International Marketing Awards

For Immediate Release
September 20, 2017

Hamilton Brings Home Seven National and International Marketing Awards

HAMILTON, ON –   The City of Hamilton’s Economic Development Office (EDO) won seven prestigious national and international marketing awards over the past two weeks. The office was celebrated for its foreign direct investment work as well as several marketing initiatives from both the International Economic Development Council (IEDC) and the Economic Developers Association of Canada (EDAC).

From website marketing, investment strategy to special event marketing, connectivity and business friendliness, the City of Hamilton covers it all.

“This recognition is proof once again that the team in Hamilton’s Economic Development Office is truly one of the best, not only in Canada, but also the world, as judged by these results,” said Mayor Fred Eisenberger.

At the International Economic Developers Council annual conference, Hamilton was honoured with four awards from fDi Magazine (a subsidiary of the Financial Times in London, England):

Category: Mid-sized cities (North America)

  1. Winner for best Foreign Direct Investment strategy
  2. A Top 10 City  Overall
  3. A Top 10 City for Connectivity
  4. A Top 10 City for Business Friendliness

The office also won the following awards at the IEDC International Marketing Awards:

  1. Gold Award – Special Event – “Nosh”
  2. Bronze Award – General Purpose Website – www.investinhamilton.ca

The previous week, EDO won the top promotional video at the EDAC National Marketing Awards for “Ambition is in Our Blood.”

“Time and again, the team at Hamilton Economic Development are turning out fantastic work both from an investment side and promotional side, and I am proud to lead such a talented group,” said Glen Norton, Economic Development Director of the City of Hamilton.

As well, Norton was elected to the Board of the Directors for the Economic Developers Association of Canada and the Consider Canada Cities Alliance (comprised of 13 largest cities in Canada).

Background:

Hamilton’s Economic Development Office is the central point of contact for business assistance. Its services are geared to serve new start-up companies, corporate relocations, and the expansion and retention of existing business. Its mission is to serve as the catalyst for continued economic growth, job creation and revitalization in Hamilton.

The International Economic Development Council (IEDC) is a non-profit, non-partisan membership organization serving economic developers. With more than 5,000 members, IEDC is the largest organization of its kind.

The Economic Developers Association of Canada (EDAC) is Canada’s national organization of economic developers pursuing excellence in the field since 1968. The association offers its members professional development, networking opportunities and a comprehensive offering of resources, both on and offline.

The Consider Canada City Alliance (CCCA) unites 13 of Canada’s largest municipal regions to build a sustainable and globally competitive national economy built upon the collective strength of each member’s ecosystem.  As an established network of Investment Promotion Agencies from coast to coast, the CCCA works with national and international networks of partners to make Canada the preferred location for foreign investment and trade.

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MEDIA CONTACTS:

Michael R. Marini MA, Cert. PR, APR, Ec.D.
Coordinator, Marketing
City of Hamilton
905-977-0883
michael.marini@hamilton.ca

Amanda Kinnaird
Advisor to the Mayor, Communications and Media Relations
Office of Mayor Fred Eisenberger
City of Hamilton
905-546-4225
C: 905-973-3263
amanda.kinnaird@hamilton.ca

City sells its technology centre to tenant firm

The city-owned Hamilton Technology Centre (HTC) has been sold to a private company called Clearcable, one of the centre’s tenants.

City officials confirmed the $3.25 million sale on Wednesday, calling it a win-win business transaction for both the city and Clearcable, a company that builds broadband for smaller providers of internet and telecommunications services.

“We had an opportunity to sell it and it was a strategic sale,” said John Hertel, the city’s revenue generation director. “We’re selling it to someone who would continue to operate it as a technology incubator.”

The business incubation centre on Innovation Drive is part of the Flamborough Business Park at Highways 5 and 6. It was funded and operated by the city’s economic development division.

HTC was established by the local municipal government in 1993 as a small business incubator, but the age of the 40,000-square-foot building meant it needed “quite a bit of capital expenditure” to maintain, Hertel said.

City council declared the property surplus in February.

Clearcable president and founder Rob McCann said the sale was completed on Aug. 31.

“This acquisition will help us realize our vision of a private technology innovation centre,” he said.

The company will be renovating, upgrading and doing “leasehold-type improvements” to the building as well as putting in a data centre, McCann said, adding the process will take about five years.

The HTC currently has 16 tenants, including Clearcable, he said.

Among Clearcable’s objectives in owning the building is a revitalization of the HTC’s incubator function by providing investment and leadership — and to connect with other community initiatives such as the McMaster Innovation Park, Innovation Factory and Hamilton Hive.

Clearcable has been in operation since 2004 and a tenant at HTC since April 2016.

Mayor Fred Eisenberger noted the company will adopt the original vision of HTC and “continue to foster the development of emerging technology companies such as theirs.”

Article courtesy of Carmela Fragomeni, The Hamilton Spectator

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