Technology continues to fuel business ideas and academic innovation

Economic Development Lethbridge, through tecconnect, continues to support growth in the high-tech sector by providing entrepreneurial and employment opportunities in southern Alberta.
As such, EDL welcomed two new client companies to the facility and celebrated the success of its tecconnect alumni. Maxim Management became the 11th client company to join tecconnect and is focused on commercializing a more balanced approach to cloud computing in the accounting industry. Nomadogen Biotechnologies Inc. is a medical biotechnology company founded by four University of Lethbridge graduate students who will have full-access to the facility as winners of the Chinook Entrepreneur Challenge technology stream.
With this announcement tecconnect is currently home to 6 commercialization clients, 2 commercial tenants and also has 5 alumni companies.
“Studies have shown that 80% of economic growth comes from technology innovation,” says Vice-President of tecconnect and Business Development Renae Barlow. “As an opportunity-maker for the entrepreneurial eco-system in this region we are thrilled to see emerging companies, from a range of sectors, using technology to create opportunity and benefitting from the environment and services that tecconnect and its partners can provide.”