On Tuesday, May 21, Cobourg and Northumberland celebrated the first “birthday” of Venture 13 and its success. A year ago, it opened with financing primarily from the Federal Government’s CFDC, the Town of Cobourg and Cobourg’s Police Business unit (see links below for more). Since then, there has been a large number of companies started, jobs created and seminar/workshops given (details below). The anniversary celebration consisted of a speeches by John Henderson (Mayor), Kim Rudd (MP), David Piccini (MPP). Paul Vandergraaf (acting Police Chief) and others who talked about what Venture 13 was about and its successes as well as making some announcements. Included was the demonstration of a simple robot (can you suggest a name for it?) and an open house so you could see for yourself.
Notably absent was the County – although it’s Northumberland CFDC that’s the lead and driving force, it’s more of a Cobourg project judging from participation.
I complimented Wendy Curtis, Northumberland CFDC’s Executive Director, on her achievement but she was quick to point to her team who did so much work.
Above right is a photo of the NCFDC key individuals – that’s the Northumberland Community Futures Development Corporation key individuals: John Henderson – Cobourg Mayor; Rick Holmes – NCFDC Chair of board; Kim Rudd – M.P.; Wendy Curtis – Northumberland CFDC Executive Director.
Year One report
- Wages generated: $2.4M
- Jobs Created: 60
- Interns Hired: 10
- Companies Started: 18
- Partnerships Developed: 23
- Foot Traffic: 6,000+
- VentureZone Clients: 21
- Number of VentureZone companies supported by CFDC: 70%
- Venture 13 Alumni – Marion Surgical, Q0INTS and Cultivate
- Child and Youth Engagements 300+
- Community Programming – 292 Events (Calendar here)
John Henderson: Venture 13 moved forward at this speed because of Trust and because of CFDC’s Wendy Curtis
Wendy Curtis: Venture 13 is part of the Strategy to make Canada “The Place for Technology”. Venture 13 is a beacon for innovation. A goal is to “adapt and prepare for the future”.
Paul Vandegraaf: We are leading Canada in the use of AI for record checks
Kim Rudd: The jobs of tomorrow are being created here.
David Piccini: People now have an average of 10 jobs in their working life; we must change with the times.
- The Northeastern University of Toronto is partnering with Venture 13 in the VentureKids program to pay for 20 youth to spend 3 days over the summer to “visit the corporate headquarters of major tech companies like Microsoft Canada and LinkedIn, meet with business leaders, and take part in on-site, hands-on experiential learning.” All expenses are paid. There’s more here.
- Kim Rudd and Wendy Curtis spoke of the divide between Rural and Urban Canada but that Cobourg was able to keep its small town flavour while being close to Canada’s biggest city which is fast becoming a northern tech centre. Kim announced that the Federal Government would provide CFDC with an additional $4.5M to support rural innovation initiatives.
Photos from the Event
One of the photos needs more detail:
VentureKids Team – that’s John Henderson – Mayor; Takara Small – Keynote speaker; Aliza Lakhani – Regional Dean and CEO of Northeastern University, Toronto; David Piccini – M.P.P.
- Venture 13 Grand Opening – 18 May 2018
- Entrepreneurs get Major boost in Cobourg – includes breakdown of initial financing – 21 Nov 2017
- Press Release – Additional $4.5 Million to Northumberland CFDC
- Northumberland CFDC
- Official Press Release from Venture 13