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Tecconnect Facility Growing Faster Than Expected


LETHBRIDGE - The tecconnect facility in north Lethbridge is now at 75 percent capacity for its leased space.


Two new companies have moved in during the first quarter of 2013. The facility is now home to seven commercialization client companies who are using the centre to move their business concepts and plans forward as well as three commercial tenants who use the centre to service their business needs in the region.


Vice President Renae Barlow feels the centre has been growing at such a rapid rate because "entrepreneurship is really starting to be supported in the region and the provincial government is supporting innovation and so there's lots of opportunities to bring it forward. The University and the College are pushing out a lot of grads that have that entrepreneurial mindset, over 50 percent of the incubators that are in here are started or are employing University and College grads."


Barlow adds the goal is to get these companies up and running and provide support, so that within two and a half years they're ready to move out into the community.

Posted on Thursday, May 23, 2013 at 4/18/2014 3:59:12 PM
Source: Tristan Tuckett - Country 95 News
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