Why Canada is an increasingly attractive destination for SMEs and startups

, Start Up
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Startup Beat

Canada is all-too-often overshadowed by its louder, more boisterous neighbour. However, despite the United States’ reputation as a fertile breeding ground for startups, Silicon Valley’s sky-high prices are causing its popularity to wane among budding startups. For those wanting to realise a life-long entrepreneurial ambition, Canada could be a cheaper and better option.

Canada’s startup scene is supported by the Ontario Network of Entrepreneurs (ONE), which was created by the government and provides a plethora of advantages and support for businesses in the region. It matches startups to the resources they need, providing financial assistance and experienced advisors to help small and medium-sized businesses (SMEs) grow. Almost all of Ontario’s 49 incubators and accelerators are linked through the ONE, creating a diverse community of businesses that can mutually benefit from sharing contacts and experiences.

To add to this, as Forbes explained that Canada boasts a much lower cost of research

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