Featured News - Current News - Archived News - News Categories

It's a myth that startups drive economic growth

Wed, Jan 16th 2013 09:09 pm

Canada has a growing love affair with startups. Look around any city in the country, and it's easy to see why.

Any entrepreneur will tell you that launching a new venture is exciting. As a former entrepreneur myself, I've had the privilege of working with hundreds of bright-eyed, aspiring industry leaders as they take those critical first steps. It is an energizing experience and one that is filled with promise.

But creating significant value following the launch of a startup is riddled with challenges - and they are often several orders of magnitude greater than those associated with starting a new venture. These stumbling blocks have far-reaching impact. In Canada, too many companies 'start up' and stagnate and never 'scale up.'

Read More >