Innovation & Technology
Fredericton is one of the most digitally-advanced cities in the world – recognized twice as “One of the World’s Top 7 Intelligent Communities” (2008, 2009 ICF). As the 'Knowledge-based Capital of New Brunswick, Fredericton is home to over 70% of the province's knowledge-based industries.
Research & Higher Education
As Atlantic Canada’s largest technology & research park, Knowledge Park is a key economic development tool and asset to promote clustering and foreign direct investment. The Park is valued at $35 million with a $125+ million annual GDP impact. Currently, there are 800 people working in 30 companies within the five buildings, with future development plans for 16 buildings on the 26 acre campus. Revenues from Knowledge Park are invested back into economic development with the most recent initiative being the acceleration center, Planet Hatch.
Digital Product Development Living Lab
Fredericton, with its world-leading digital infrastructure and R&D capacity, has become an ideal development and testing ground for a wide array of game-changing technologies and services. From smart grid energy products to cyber security software, Fredericton leverages its small city nimbleness and globally competitive intellectual and digital assets to provide the perfect environment for innovation.