
VANCOUVER – Rogers has committed approximately $4 million to non-profit business incubator Wavefront, Canada's Centre of Excellence for Commercialization and Research, to accelerate the growth of machine-to-machine (M2M), the Internet of Things (IoT) and wireless businesses in Canada.
Over the next five years, Rogers pledged to offer financial resources, technology tools, training and mentorship programs to thousands of technology businesses and entrepreneurs that walk through Wavefront's doors. As part of its commitment, Rogers will sponsor the development of new programs including the Wavefront National Accelerator Program and Commercialization Support Program, as well as hands-on mentorship to M2M businesses looking to commercialize their business and enter new markets.
"At Rogers, supporting homegrown technology businesses is in our DNA, and we see a distinct growth opportunity for Canadian businesses in the M2M, Internet of Things and wireless application space," said Gord Nelson, Rogers’ VP sales for BC, Alberta & Prairies, in the news release. "Our commitment to Wavefront will give businesses in Vancouver and across the country access to programs and industry experts to help them drive growth in their business and allow them to better compete on a national and global scale."
"The success of our award-winning acceleration program would not be possible without the support of industry leaders like Rogers," added Wavefront president and CEO James Maynard. "Beyond the financial investment, the experience Rogers brings to the table will help businesses better compete with global counterparts, drive new job creation and invigorate the technology community across the country."