The Canadian Innovation Exchange (CIX) just revealed this year’s Top 20 finalists who will compete on December 1st, at theMaRS Discovery District in Toronto. The list announcement was made at the start of the Toronto Stock Exchange (TSX), with representatives from CIX ringing today's opening bell.
The top 20 companies in Information and Communications Technologies (ICT), and Digital Media will showcase their innovative ideas live in front of the CIX audience and to Canadian and international VCs and corporate investors.
“Once again, we are excited to see the very high quality of companies applying to CIX and presenting on our stage this year,” said Rick Nathan, Managing Director of Kensington Capital Partners and CIX Co-Chair, “there is clearly no shortage of innovative ideas and entrepreneurs in Canada today.”
Here’s the list:
Massive Damage, Toronto ON
Arcestra, Toronto ON
Wattpad, Toronto ON
Recoset, Montreal QC
Achievers, Toronto ON
Vanilla Forums, Montreal QC
Woozworld Inc, Montreal QC
Infersystems, Toronto ON
ClearRisk, St. John’s NL
bitHeads Inc., Ottawa ON
Shoplogix, Mississauga ON
TribeHR, Waterloo ON
Wave Accounting, Toronto ON
Evoco Inc., Calgary AB
QuickMobile, Vancouver BC
Nexalogy Environics, Montreal QC
ResponseTek Networks, Vancouver BC
NexJ Systems, Toronto ON
True Voice Technologies, Burlington ON
Polar Mobile, Toronto ON
The CIX Top 20 competition received hundreds of applications from major cities all over Canada. Finalists were chosen by a committee of leading experts from major corporations, entrepreneurs, and investors. They were judged on a number of key factors including: product/service offering, depth of management, market opportunity and business model.
The competition will be tough. Ken Szeto, founder of Toronto’s Massive Damage says his company is looking forward to growing awareness at the CIX event. “We’re now number thirteen overall in the app store, and number eight for all gaming apps. We also now have fifty thousand users and are gaining a lot of ground since our launch last month.”
Doug Moffat, founder of Burlington’s True Voice Technologies has experience pitching to investors. “This is actually my third company in the telecom space. We pitched True Voice at the Canada 3.0 pitch-off competition last spring and got a lot of great feedback,” says Moffat. “We’ve been testing our technology with real estate agents so far and are hoping to gain a lot of traction in Canada. It’s very affordable, at just $10.00 a month.”
CIX has partnered with Edmonton-based Empire Avenue this year, to offer all conference attendees $1 Million in virtual currency. A winner from each category will be chosen through the CIX virtual stock exchange, where attendees can – in real-time – buy, sell and trade virtual shares of companies on the Top 20.
In addition to Canada's Hottest Innovative Companies showcases, the Canadian Innovation Exchange will host meetings between innovation leaders, plus an full day of informative panels, sessions and keynotes. To register for the event, visit http://www.canadianinnovationexchange.com.