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Canadian Innovation Exchange 2016

© 2016 Article, Photos and Layout TorontoArtsandEvents

Brunico Communications Ltd. held the Canadian Innovation Exchange (CIX) at the MaRS Discovery District in Toronto, Ontario, Canada from November 21 to 23, 2016.  This year’s CIX was expanded to three days:  1. CIX FinTECH, 2. Canadian Innovation Exchange and 3.  the CIX Public Investor Day.  CIX is a technology innovation conference where investors, innovative companies, entrepreneurs and facilitators meet “to drive economic growth and accelerate the development and implementation of new ideas.”  This conference attracts the key players behind Canada’s innovative technology products and services in order to learn, network, and pursue partnerships and investment relationships.

1. CIX FinTECH:

CIX FinTECH brought together global financial services decision makers, Canada’s best fintech entrepreneurs and investors to discuss the effect of new technologies like the blockchain on financial services.  It showcased Canada’s fintech startups in banking, investing, insurance, lending, payments and other financial services technology.  Key influencers in Canada’s fintech community including senior executives from banking, advisors, fintech companies, corporations, investors and media and influencers attended the conference.  This one day event was full of keynotes, moderated sessions, fintech company exhibits and networking.  It ended with a networking reception.

Alex Tapscott described in “Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World”  that there is one form of technology that will have a greater impact on the world economy than self-driving cars, solar energy, or even artificial intelligence -  blockchain which is a simple protocol that bypasses intermediaries and allows for anonymous and secure transactions that are permanently recorded on a public ledger -  it is a protocol that holds the power to reshape the world of business and transform the old order of human affairs for the better.  He described how it has this power but also in order to succeed show stoppers will have to be overcome such as governments will stifle or twist it or powerful incumbents of the old paradigm will usurp it.

2. Canadian Innovation Exchange Top 20

CIX Top 20 is a one day conference about technology innovation where investors, innovative companies, entrepreneurs and facilitators converge to accelerate the financing, the development and the implementation of new ideas.    Attendees included technology start-ups, entrepreneur, investor, advisor, enterprise and media representatives.    They learned from each other, meet and pursued partnerships and investment relationships, and encouraged the development of innovative technology.  The jewel of the event is the CIX Top 20, a showcase that celebrates Canada’s best innovations and the people behind them.

The CIX Top Twenty:

The CIX 2016 Top Twenty roster of 20 innovative technology companies are chosen by a selection committee made up of technology experts and investors.  These companies are chosen based on a number of key factors including product/service offering, depth of management, market opportunity, and business model.

The 2016 CIX Top 20 is (in alphabetical order):

Blue J Legal, Toronto
CareGuide Inc. , Toronto
Drop Loyalty Inc. , Toronto
Exact Media, Toronto
Finn.ai, Vancouver
Gemba Software Solutions Inc., Saint John
Instant Financial, Vancouver
LANDR, Montreal
LEAGUE Inc. , Toronto
Medella Health, Kitchener
Overbond, Toronto
Repable Inc. , Toronto
SweetIQ, Montreal
TritonWear Inc. , Toronto
TrustPoint Innovation Technologies, Ltd., Waterloo
Unata Inc, Toronto
Wantoo, Vancouver
ZEITDICE INC. , Toronto
Zensurance, Toronto
Zoom.ai Inc. , Toronto

CIX 2015 Innovator of the Year:

The CIX Innovator of the Year Award is given annually to a Canadian company that disrupts an industry.

Toronto-based company, Wattpad was awarded the CIX 2016 Innovator of the Year for transforming the entertainment industry.  Wattpad is an app that allows its users to discover and share stories about the things they love.  More than 45 million users worldwide use Wattpad to find entertainment that interest them and participate in the storytelling process through comments, messages, and multimedia. Wattpad has transformed the relationship between its users and entertainment and this has caught the attention of Hollywood as a key marketing tool for movies i.e.  Wattpad has signed a deal with Turner to help generate ideas for shows on Turner networks, starting with the upcoming Tales from the Crypt revival.  Past recipients of the Award have included Desire2Learn, Vision Critical, and Shopify.  Golden Venture Partners and OMERS Ventures are investors in Wattpad and share in the excitement of this award.
“Storytelling hasn’t been the same since Allen Lau and Ivan Yuen launched Wattpad. When we first invested in the company in 2011, we were impressed with their vision of how mobile would reshape the way people share and tell stories.” said Matt Golden, Managing Director, Golden Venture Partners. “Five years later, they’ve delivered on that vision and more. Today, Wattpad stories grace every screen – mobile, television, and movie. We’re thrilled Wattpad is being recognized by CIX for the innovative company we know it is.”
“We are building the next major entertainment giant right here in Canada,” said Allen Lau, CEO and Co-founder of Wattpad. “To accept this award in our tenth year as a company is a truly humbling experience that validates the work we do to transform how people around the world create and share stories.”

3. CIX Public Investor Day:

CIX Public Investor Day was a half day event which showcased Canada’s most innovative small and mid-market public tech companies to investment professionals.  It is an interesting event for investment ideas.  Attending were members of the media, executives of Canadian public tech companies and investment professionals.  The Public Investor Day featured the CIX Public Investor Top 20, which celebrates some of Canada’s best innovations and the people behind them, concise and engaging keynotes from leaders in the industry.  There was opportunity for networking during breaks and at the closing reception.

The Top 20 Innovative Public Technology Companies presented their innovative technologies in 7 minute presentations at CIX Public Investor Day on Wednesday November 23.  These companies were chosen by a selection committee consisting of technology experts and investors from across the country taking into account factors such as overall innovation, product/service offering, depth of management, market opportunity, and business model.

CIX Top 20 Innovative Tech Public Companies 2016 (in alphabetical order):

AcuityAds Inc.
Apivio Systems Inc.
BitRush Corp.
C-Com Satellite Systems Inc.
CHAR Technologies Ltd.
CO2 Solutions Inc.
Deveron UAS Ltd.
DIRTT Environmental Solutions
dynaCERT Inc.
Firan Technology Group Corporation
HIT Technologies
H-Source
MediaValet Inc.
Memex Inc.
Nanotech Security
Perk Inc.
Points Inc.
ProMIS Neurosciences, Inc.
ProntoForms Corporation
Symbility Solutions Inc.

“It is great to see Canadian public companies driving innovation across all technology sub sectors,” said Justin Meiklem, VP Marketing of Stockhouse. “Canadian tech companies are innovating FinTech, Software, Internet, Industrials, and CleanTech, and all of those are represented in this year’s CIX Top 20.”

About Canadian Innovation Exchange:

The Canadian Innovation Exchange (CIX) is a showcase for great Canadian innovation while catalyzing strategic relationships and transactions across this dynamic sector. CIX is attended by the people behind the innovative technologies: entrepreneurs, investors, corporations, service providers, government and media. Its objective is to bring together the key leaders and protagonists of technology-based innovation in order to learn from each other and to showcase and celebrate the tremendous innovative products, services and technologies that exist today and are providing the fuel for our economy to grow.

Canadian Innovation Exchange 2016 was an interesting event that did bring together important players in technology from across Canada.  Investors, innovative companies, entrepreneurs and facilitators meet to discuss deals and companies were looking for financing.  Look back here for next year’s CIX!

© 2016 Photographs, Article and layout by TorontoArtsandEvents.  Editors please contact us for use.

Category: Business Events
Start Date: 2016-11-21
End Date: 2016-11-23
Venue: Mars Toronto

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