WATERLOO REGION, ON, Feb. 5, 2013 /CNW/ - Companies from across Canada
are establishing themselves in other markets thanks to the Soft-Landing
Program supported by the Canadian Digital Media Network (CDMN) in partnership with its nodes across Canada. The CDMN announced today
that 14 companies are participating in the most recent round of the
Outbound Soft-Landing program under way now, following a successful
pilot program in 2012.
"Our Soft-Landing Program formula is working, enabling companies to hit
the ground running in other geographies to increase their business
opportunities," said Kevin Tuer, CDMN Managing Director. "The pilot
program realized an estimated $20 million in new opportunities and
sales for participating companies, so we're excited to see what 2013
brings for the companies announced today."
Applications opened October 15, 2012 for companies from across Canada
looking to participate in soft-landings outside the country between
January 2 and May 31, 2013. Companies applied through the 21 CDMN
'nodes' which then assisted in facilitating the application and
mentorship of the enterprises. From the many applications received, the
CDMN chose the select group of 14 companies.
Ideal candidates to participate in the Outbound Soft-Landing Program are
mature Canadian startups and small to medium-sized enterprises (SMEs)
that are generating revenue already and have goals of growing their
customer base, opening a satellite office, or developing distribution
channels or secure partnerships. Through this type of landing, Canadian
companies looking to expand in foreign markets anywhere in the world
can qualify for up to three months of residency in partner facilities
equipped to support their growth, plus up to $4,000 for transportation
and hotel costs.
Here is the list of startups, the nodes they are working with, and where
they will be 'landing' as part of the Outbound Soft-Landing Program:
Companies that have previously 'landed' outside Canada as part of the
CDMN Soft-Landing Program include: Awesense www.awesense.com; CPS Parking CPS Parking; Cyborg Trading www.cyborgtrading.com; MAGNET www.magnetforensics.com; Mantry www.mantry.com; Tabillo www.tabillo.com; and Weever Apps www.weeverapps.com.
CDMN also supports an Inbound Soft-Landing program for promising
international companies looking to establish their businesses in
Canada, and companies that have participated include Fluorologic www.fluorologic.com; and Koning www.koningcorporation.com. There is also a Domestic Soft-Landing program that assists Canadian
companies in furthering their growth across the country.
For more information on the CDMN Soft-Landing Program, visit http://softlanding.cdmn.ca.
About The Canadian Digital Media Network
The Canadian Digital Media Network (CDMN), a federal Centre of
Excellence in Commercialization and Research (CECR), is dedicated to
establishing Canada as a world leader in digital media (ICT + mobile)
by creating and enabling connections and collaboration between
entrepreneurs, companies, research institutes, government and
intermediary organizations across the country. CDMN helps bring more
digital media solutions to market to create more companies, jobs and
wealth in Canada.
Learn more at http://www.cdmn.ca/soft-landing-program or follow @CDMN on Twitter, join the Canadian Digital Media Network Group on LinkedIn, and like the Canadian Digital Media Network Page on Facebook.
SOURCE: The Canadian Digital Media Network
For further information:
Shelley Grandy, Sr. PR Advisor CDMN, 905-866-2656 or firstname.lastname@example.org