On November 3, 2015, YEDI was ranked the #1 University linked accelerator in Ontario and #3 in North America at the UBI Global and Ontario Centres of Excellence (OCE) benchmarking conference & award ceremony for the 2015 top performing university business incubators and accelerators in North America. The event was held at TIFF Bell Lightbox, 350 King St W, Toronto, ON, Canada.
The event highlighted best practices, hands-on-tools, analyses, success stories, and featured inspiring presentations that allowed those who attended to network, learn from each other and improve performance in order to enhance economic transformation and local, regional and national development.
“We measure results to assess how we are impacting and improving the world through the creation of effective and growing ventures” says YEDI President, Dr. Marat Ressin who was unable to accept the award in-person as he joined Ontario Premier Wynne on her China Trade Mission. He believes that the UBI Global Benchmark is an important tool for the industry to understand where it stands and how to move forward.
2015 has been an exceptional year for North America’s incubators, the third largest region UBI Global benchmarks in terms of sample size.
North American business incubators have attracted a total of $1.98b in investment. With regard to deal flow North America as a whole accept 9.2k applications per year, equating to an average of 154 applications per incubator.
In the last 5 years, North America’s business incubators have created 28.4k jobs (473 jobs per incubator) and over the same time period generated $5.3b in sales, equating to an average of $89m in sales per incubator.
Congratulations to all our participants, alumni, supporters and team!!
Top University Business Accelerator
A Top University Business Accelerator is an accelerator managed or formally affiliated with a university, that provides better value for the ecosystem and their startup clients than their regional or global peers. They stand out from average-performing accelerators with better outcomes on economy enhancement, access to funds and post acceleration performance indicators.