(Waterloo, ON) TuesdaySeptember 27, 2016 — The Accelerator Centre (AC) and Inertia are pleased to announce a new partnership aimed at supporting the growth and scale of early stage hardware companies in Waterloo Region.
Toronto-based Inertia will establish a presence at the AC’s new hardware innovation lab in the heart of downtown Kitchener. Located at 44 Gaukel St., the lab offers 10,000 square feet prototyping and lab space, access to tools and resources, including 3D printers, as well as a freight elevator and loading dock for shipping and receiving.
Inertia, in partnership with the AC’s renowned team of mentors, will work directly with hardware, IoT, and advanced manufacturing companies to tackle challenges such as design and prototyping, contract manufacturing, supply chain and cash flow management, as well as preparing for international growth.
The partnership will see expanded, in-depth hardware support for over 30 current Clients of the AC, as well as providing opportunity for hardware related companies that have graduated from the award-winning centre.
“We’re continuing to see increased need for support of hardware companies, particularly here in Waterloo, due very much in part to the incredible talent coming out of the University of Waterloo and the emphasis that they place on entrepreneurship. Both faculty and students are increasingly designing hardware solutions to complex problems, and they want to turn those ideas into solid businesses – that’s when they come to the AC. Having the support of Inertia as they grow will be invaluable for their long-term success.”
Paul Salvini, CEO, Accelerator Centre
“We are seeing some amazing things happening in Waterloo right now, from IoTand robotics, to 3D printing and drones; it only makes sense that Inertia’s first Canadian expansionoutside Toronto wouldbe to a place where advanced manufacturing is really taking off. Partnering with the AC allows us to plug into these companies at an earlystageand help them start off on the right track as they work towards growing internationally.”
Ray Minato, President & CEO, Inertia
About the Accelerator Centre
The Accelerator Centre (AC) is dedicated to building and scaling sustainable, globally competitive technology firms; and to commercializing advanced research technologies emerging from academic institutions. The AC offers an intensive, milestone-driven program to help Clients gain traction and establish early growth; begin to scale and prepare for global expansion.
Since 2006, the AC has supported over 250 early-stage technology companies, who have created 1500+ new jobs, and generated more than two billion in valuations. Fifty-five companies have graduated from the Accelerator Centre, with over 90 percent of companies still active after two years. For more information visit www.acceleratorcentre.com.
Inertia is a product design, manufacturing, and supply chain management services company. For the past 12 years Inertia has helped hardware start-ups turn their ideas into award-winning physical productsin industries ranging from medical, safety and security, and consumer products.
Inertia’s open, collaborative, and systematic approach to supporting early-stage companies results in a faster time to market, higher return on investment,and peace of mind that comes with the confidence they are doing the right things, the best way, at the right time.
Inertia is headquartered in Toronto and has an office in Dongguan China to support rapid prototype and manufacturing activities. For more information visit www.inertiaengineering.com.
Director, Client Experience and Special Projects
President & CEO