TEC Edmonton, a joint venture between Alberta University and city government-owned non-profit organisation Edmonton Economic Development Corporation, has signed an agreement with TusStar, the incubator of Tsinghua University.
The deal is expected to provide portfolio businesses of both TEC Edmonton – which also acts as a commercialisation office for Alberta University – and TusStar with better support in international market development activities.
The collaboration will focus on IT, e-commerce and medical device companies from China and medical device and big data companies from Canada.
The agreement was signed as part of a delegation led by Premier Rachel Notley. Alberta University and Tsinghua University have also signed an agreement to establish the Joint Research Centre for Future Energy and Environment.
Chris Lumb, chief executive of TEC Edmonton, said: “This agreement, and its links to two excellent universities, will bring new investment to Canada and develop new export markets for Alberta technology companies.
Notley said: “I am extremely proud to support Alberta University and TEC Edmonton in forming relationships with such innovative partners in China.
“We look forward to seeing this partnership thrive, and to watching Alberta’s expertise across a variety of areas, not only create opportunities for Albertans, but make a difference around the world.”
