Partnership with DMZ

  • 2017-03-03

For Immediate Release: March 3, 2017

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Planet Hatch partners with the DMZ at Ryerson University to provide cross country support to Canadian startups

FREDERICTON, N.B. - Planet Hatch, New Brunswick’s flagship business accelerator in Fredericton, has formed a partnership/MOU with the DMZ at Ryerson University, Canada’s leading tech incubator, based in Toronto, Ontario.

The partnership between Planet Hatch and the DMZ (formerly known as the Digital Media Zone) will allow members from both communities to access soft landing opportunities in each other’s provinces, while accessing expertise and resources. Planet Hatch and the DMZ are dedicated to providing the best resources, environment and networks to startups. Through its partnership with the University of New Brunswick’s (UNB) International Business and Entrepreneurship Centre (IBEC), Planet Hatch will be able to use this partnership to help students connect to more resources and educational opportunities across Canada.

“Having a partnership with the DMZ at Ryerson University will be a great aid to Fredericton’s startup community and UNB students,” said Karen Murdock, Chief Program Officer at Planet Hatch. “Creating new and innovative opportunities for our clients is always in the forefront of our minds, and this agreement will open a lot of doors for our startups.”

This partnership builds on the momentum of Planet Hatch’s 2016 soft landing zone partnership with Walnut Accelerator in Chengdu, China, and Fredericton’s recent recognition as the ‘Startup Community of Canada’ by Startup Canada. Through its suite of entrepreneurial services, Planet Hatch helped 48 new startups across multiple sectors commercialize their ideas into game-changing products and services during 2016.

Fredericton startup, Spatial Quest Solution, is already putting the partnership to use with the company’s  CEO, Eddie Oldfield, using the DMZ for client meetings in Toronto.

“Our partnership with Planet Hatch will provide startups with the opportunity to leverage resources across the country, while building a successful company in their homebase,” said Abdullah Snobar, executive director of the DMZ. “We expect this to be the first of a much larger initiative that will connect the DMZ network with emerging startup communities to build connections that will foster best-in-class Canadian entrepreneurs.”

DMZ is the leading business incubator for tech startups in Canada. The space helps startups build great businesses by connecting them with customers, capital, experts and a community of entrepreneurs and influencers. In 2015, they were ranked the top tech incubator in North America, and third in the world by UBI Global.

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About the DMZ at Ryerson University
The DMZ at Ryerson University is the leading business incubator for technology startups in Canada. The top-ranked university-based incubator in North America and third in the world, it helps high-potential tech startups grow and scale their business by connecting them with customers, capital, experts and a community of entrepreneurs and influencers. In six years, the DMZ has grown more than 260 companies that have raised $280 million and created more than 2,500 jobs. For more information, please visit dmz.ryerson.ca.

About Planet Hatch   www.planethatch.com 
Planet Hatch is an entrepreneurial hub connecting startups to the best resources in order to help them soar. We aim to be the destination for entrepreneurs and technology enthusiasts. We have a collaborative, state of the art work environment for startups and growth stage companies.

Planet Hatch Media Contact:  Karen Murdock, Chief Program Officer, 506.462.5960, karen@planethatch.com

DMZ Media Contact: Ahmed Saleh, Public Relations Officer, DMZ at Ryerson, 416.979.5000 ext. 2864, ahmed.saleh1@ryerson.ca