Tag Archives: technology

Canadian Minister of Finance Visits Plug and Play Tech Center

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This week, Canada’s Minister of Finance, the Honorable James Flaherty, explored Plug and Play Tech Center in Sunnyvale, as part of a step toward business growth and innovation. Plug and Play’s Canadian Technology Accelerator Program accelerates 20 companies annually and is run by the Canadian Trade Commissioner’s Office. Canada’s Economic Action Plan 2012 aims to make $400 million available in an effort to increase private sector investment in early-stage risk capital and also to support large-scale venture capital funds led by the private sector.

“We are pleased to host the Minister and excited about accelerating Canadian startups as Plug and Play continues to grow. We have been very impressed with the quality of Canadian startups that we have seen, and we look forward to working with them,” said Jupe Tan, vice president of international operations at Plug and Play.

About the Canadian Technology Accelerator Program at Plug and Play Tech Center:

- Accelerates 20 companies per year as part of Canadian Technology Accelerator (CTA) program run by the Canadian Trade Commissioner’s Office

- Located at Plug and Play Tech Center (Sunnyvale, CA)

- Launched 2008 as Plug and Play’s first international partnership

- To date, Plug and Play has accelerated over 60 companies

- Currently, 4 companies at residents of Plug and Play and 2 are going through the accelerator.

Currently in Plug and Play’s Canadian Pavilion

- Kirk Deininger, Formverse - http://www.formverse.com

- Drake Deininger, Formverse – http://www.formverse.com

- Katryn Harris, OpenBox - http://www.openboxinc.com

- Michael Grey, CoolIT – http://www.coolitsystems.com

Travels in Turkey – Building Bridges with Saeed and Mohannad

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This month Plug and Play Tech Center Founder and CEO Saeed Amidi and Plug and Play International Relations Manager Mohannad El-Khairy traveled to Istanbul to explore the possibility of building a bridge for entrepreneurs between Turkey and the Silicon Valley.

In meetings with TurkCell (the largest Telco in the country and also a Corporate Partner with Plug and Play), Özyeğin University and Microsoft Turkey, an audience of entrepreneurs, incubator managers, university professors, corporate executives, VC investors and government representatives, Saeed and Mohannad discussed Plug and Play, its history and plans to bridge Turkey and the Silicon Valley.

“We were met with much excitement and enthusiasm,” says Mohannad El-Khairy. “We anticipate these meetings leading to an expansion of the Plug and Play family, in a very positive way.”