Playing the Long Game: China’s market opportunities for Ontario startups (Part 1)

Canada has a robust startup ecosystem. In Startup Genome’s Startup Ecosystem Report 2012, three Canadian cities (two in Ontario) were ranked among the top 20 most active startup scenes in the world. These numbered among seven cities in the US, one in Israel, three in Europe and several in Asia Pacific. While Canada has the reputation of having excellent innovation capabilities and has witnessed a healthy growth of startups, it is facing similar challenges as Israel and other European countries on the top 20 list. These challenges include a comparably small domestic market and limited early-stage funding support for startups.