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The DMZ is Toronto Metropolitan University's business incubator for early-stage technology startups. The incubator was launched under the name Digital Media Zone in April 2010, a year after then-president Sheldon Levy announced his intention to make digital media a top priority for the university.
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Between 2011 and 2016, the six fastest-growing CMAs by percentage growth were located in Western Canada, with Alberta's two CMAs, Calgary and Edmonton, leading the country. Saskatoon, Regina, and Lethbridge rounded out the top five in the country and each grew by at least 10%. Of the remaining 30 CMAs, population growth was recorded in all but ...
A new overlay area code, 437, started operation on March 25, 2013. [6] [7] That effectively allocates 24 million numbers to a city of 2.5 million people. Area code 942 is scheduled for addition to the 416/647/437 overlay on April 26, 2025. [8] Area code 387 has been reserved for Toronto's future use.
The border between Richmond Hill and Markham is a rapidly growing area for information technology and high-tech industry with over 1,000 such businesses located along their border in 2000. [ 46 ] Most businesses in Richmond Hill are small businesses , with more than half of all employers in the city having four workers or less. [ 34 ]
L.A.-area startups received $1.8 billion in the third quarter, the highest quarterly amount for the region, according to CB Insights. Most of it went to a single company.
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In a different study done by Harvard Business Review, it was determined that startups founded between 2012 and 2015 were growing in valuation twice as fast as startup companies founded between 2000 and 2003. [12] In 2018, 16 US companies became unicorns, resulting in 119 private companies worldwide valued at $1 billion or more. [13]