The Canadian Innovation Exchange (CIX) is launching its third annual campaign to seek out Canada's Hottest Innovative Companies.
In its third annual campaign, the CIX competition will identify the country's most innovative technology-based businesses in Information and Communications Technologies (ICT), Cleantech and Digital Media.
CIX also announced that the 2010 edition of the event will take place on December 1, 2010 at The Design Exchange in downtown Toronto.
CIX is inviting all technology-based businesses across Canada to submit their profiles in an open competition. A group of finalists - dubbed "Canada's Hottest Innovative Companies" - will be selected to make a live presentation at CIX in front of hundreds of industry leaders, including major corporations, entrepreneurs and investors.
From these finalists, Canada's Innovation Leader will be selected on December 1, 2010 at The Design Exchange in Toronto. In 2009, this distinction was awarded to Markham, Ontario's CognoVision, a provider of real-time audience measurement and retail intelligence solutions for retailers & the out-of-home advertising industry.
"The relentless advance of innovative technologies continues to accelerate," Rick Nathan, Managing Director of Kensington Capital Partners and Co-Chair of the Canadian Innovation Exchange, said in a release, "and disruptive changes bring opportunities for entrepreneurs, corporations and investors."
"The exchange of ideas and opportunities across the full range of industry participants drives the entrepreneurial focus of CIX. Large corporations and investors, as well as their peer CEO's, create a unique competitve environment for the selection of Canada's Technology Innovation Leader, " he added.
Nathan also serves as the current Chairman of CVCA - Canada's Venture Capital and Private Equity Association. The CIX announcment was released at the annual CVCA Conference in Ottawa, now underway. CVCA members' collectively manage over $75 billion, and they actively collaborate to increase the flow of capital into the industry and expand the range of profitable investment opportunities.
Canada's Hottest Innovative Companies is free to enter and is open to all Canadian companies who consider themselves, their product, technology or service to be innovative in the fields of:
- Information Communication Technology
- Cleantech
- Digital Media
CVCA is a valued partner of CIX and provides its members the opportunity to participate in this important event.
The Canadian Innovation Exchange is supported by an active Advisory Board composed of leaders in the innovation and investment community.