Transitioning to a scale-up is proving difficult for startups within Canada’s tech ecosystem. There are many questions about how to better support startups in order to maintain competitiveness and longevity. The transition can be so difficult that Patrick Horgan, VP, Manufacturing, Development & Operations at IBM Canada refers to it as the ‘Valley of Death’.
Bridges are being built over the Valley, though. Initiatives like IBM’s Bluemix Garage – which provides technology support, shares growth experience, and offers mentorship – aims to foster scale up success in the long-run.
To learn more about the challenges startups face in scaling up, and about initiatives that offer support, watch this video: