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Catalyst137 Technology Hub Welcomes BDC to Provide Advisory Services, Financing to High-Growth Companies

Adding bank as a tenant furthers Catalyst137’s goal to be a full-service hub for hardware startups and growth companies

KITCHENER, Ontario – July 11, 2017 – Catalyst137 announced today that the Business Development Bank of Canada (BDC) will move its Kitchener-Waterloo Business Centre to the hardware technology hub, putting BDC’s financing and advisory expertise under the same roof as the high-growth companies based in the building.

BDC is relocating its Queen Street office to Catalyst137 beginning January 1, 2018. The new location is part of BDC’s continual efforts to better serve entrepreneurs and will feature a full-service Business Centre in 8,200 square feet of space. BDC focuses on offering an integrated approach to serving clients through both financing and advisory services.

“BDC has a long record of providing the expertise and services that high-growth companies need to reach their goals,” said Mary Ann Wenzler-Wiebe, BDC vice president for Southwest Ontario. “The opportunity to be part of Catalyst137 couldn’t be more perfect. We look forward to being a resource for the other companies in the building and the wider community.”

As an example, BDC subsidiary, BDC Capital announced earlier this month that it is investing $250 million in growth equity financing to high-potential fast-growing businesses over the next five years as part of its commitment to offer $1.8 billion in support for asset-light, high-growth firms over that time frame.

Catalyst137 is now 70 percent leased. BDC joins anchor tenant Miovision, Sigmapoint Technologies, Blakes Law Firm and PCC Group at Catalyst137, which is scheduled to open this fall. Graffiti, the group behind Kitchener’s popular The Berlin restaurant, is also opening a restaurant, bakery, coffee roaster, microbrewery and food market in the 475,000 square foot building. A number of other companies from North America and Europe have expressed interest in moving their operations to Catalyst137.

“The team behind Catalyst137 has always envisioned the project as a one-stop shop featuring space for companies and the services they need to get their products to market,” said Kurtis McBride, CEO of Miovision and co-founder of Catalyst137. “Whether that’s coffee, food or venture capital, they’ll be able to find it at Catalyst137. Having BDC right there on site will be a huge asset for all the companies in the building.”

McBride and co-founder Frank Voisin, president of the real estate development firm Voisin Capital, created Catalyst137 to support innovation in the Kitchener-Waterloo community and make it easy for Internet of Things companies to have the resources they need to scale up. Before Catalyst137, hardware tech companies were limited to office space on the outskirts of town because they needed space for manufacturing and shipping. Software companies, meanwhile, swarmed the city centre where there are resources at Communitech and quality of life amenities. The new space give hardware companies from all over the world a place for centralized investment, consulting, manufacturing, engineering, government relations and other services to be consolidated in one place.

Catalyst137 is offering area businesses options to join a community of startup peers and will lease office spaces ranging from 3,000 to 50,000 square feet. Companies will have access to loading bays and a shared manufacturing space featuring 3D printers, laser cutters, metalworking equipment and more.

About Catalyst137

Catalyst137 is scheduled to open in fall 2017 on Glasgow Street along the Iron Horse Trail. The building is undergoing extensive renovations to convert it to a state-of-the-art workspace. In addition to office space, it will feature hundreds of sensors to make the building and surrounding streetscape hackable so that Catalyst137 can act as both a showcase of the region’s technical ingenuity and a sandbox for new innovation. By allowing Catalyst137 members to experiment with, and add to, the building’s IoT network, the hub will help foster new ideas and support emerging technology. www.catalyst-137.com

About BDC

BDC is the only bank dedicated exclusively to entrepreneurs. It promotes Canadian entrepreneurship with a focus on small and medium-sized businesses. With its 110+ business centres from coast to coast, BDC provides businesses in all industries with financing and advisory services. Its investment arm, BDC Capital, offers equity, venture capital and flexible growth and transition capital solutions. To find out more, visit bdc.ca.

Media Contacts

For Catalyst137
Brad Hem
(281) 543-0669
brad@thedialoglab.com

For BDC
Flavie Côté, Senior Advisor, Public Relations
1-844-625-8321
mediainfo@bdc.ca

The Berlin

Catalyst137 Technology Hub To Feature New Restaurant Concept From Team Behind The Berlin

New restaurant, craft brewery, bakery and coffee roaster will join other makers in the space and be an asset to tech workers and surrounding neighbourhood

Kitchener, Ontario – January 31, 2017 – The new Catalyst137 technology hub at 137 Glasgow St. will feature a new restaurant and market concept, Graffiti, from the group behind Kitchener’s popular The Berlin restaurant.

This will be the second joint venture for renowned chef Jonathan Gushue and hospitality veteran Ryan Lloyd-Craig. Graffiti will provide a unique environment for Catalyst workers, visitors and the surrounding community. There will be a coffee shop and roaster combined with a bakery near the building entrance. Explore further into the space visitors will find a microbrewery with the capacity to produce over 2,000 barrels per year, a retail food market, and a modern ultra-casual restaurant with a menu focusing on wood-fired pizza and Italian-influenced dishes. Graffiti will serve breakfast, lunch, dinner and late-night. Guests will be able to eat in, take out, or hang out on one of Kitchener-Waterloo’s largest patios, which will overlook the Iron Horse Trail.

“We are thrilled to be partnering with Catalyst137,” said Ryan Lloyd-Craig, co-owner of Graffiti. “Graffiti aims to provide exceptional quality and service in a truly casual environment complete with great music, entertainment and the odd LP skipping in the background from time to time. Whether our guests want to join us for a great cup of coffee, bring home dinner and a case of beer, or enjoy a multi-course tasting menu in a private room, we will have everything for them at Graffiti. Our hope is to become a neighborhood institution and a culinary destination all housed in a world-class incubator for future tech and progressive entrepreneurship.”

The name Graffiti was chosen to represent the genre of artistic expression or the abstract nature of the concept, it can be anything and everything. Graffiti will be the only restaurant on site and joins several area tech companies and related service providers.

“From the beginning, our vision for Catalyst137 was to create a one-stop shop featuring space for hardware tech companies and the businesses needed for them to get their products to market,” said Kurtis McBride, CEO of Miovision and co-founder of Catalyst137. “The addition of Graffiti fits perfectly with Catalyst137’s theme as a place for makers. It will be an incredible asset for the people who work at Catalyst137 as well as the surrounding neighbourhood and the entire Waterloo region.”

Catalyst137 is offering area businesses options to join a community of startup peers and will lease office spaces ranging from 3,000 to 50,000 square feet. Companies will have access to loading bays and a shared manufacturing space featuring 3D printers, laser cutters, metalworking equipment and more.

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About Catalyst137
Catalyst137 is scheduled to open in summer 2017 in a former tire warehouse on Glasgow along the Iron Horse Trail. The building is undergoing extensive renovations to convert it to a state-of-the-art workspace. In addition to office space, it will feature hundreds of sensors to make the building and surrounding streetscape hackable so that Catalyst137 can act as both a showcase of the region’s technical ingenuity and a sandbox for new innovation. By allowing Catalyst137 members to experiment with, and add to, the building’s IoT network, the hub will help foster new ideas and support emerging technology.

The idea for Catalyst137 came from frustration. Each year, more than two dozen hardware companies graduate from the incubator programs at the University of Waterloo and Communitech. Until now, requirements for manufacturing space and loading docks relegated hardware companies to the outskirts of Kitchener-Waterloo while software companies needing less space swarmed to the city center. Startups from all over the world are invited to benefit from centralized investment, consulting, manufacturing, engineering, government relations and other services, to be consolidated under one 12-acre roof. www.catalyst-137.com.

About Chef Jonathan Gushue
Chef Jonathan Gushue is the Co-owner and Executive Chef of The Berlin, and soon to be opened Graffiti Market, in Kitchener. With more than two decades of culinary experience, Chef Gushue and his work have been honoured with countless awards including CAA Five Diamond, San Pellegrino Top 100 Restaurants in the World, the Gold Award in the Chef Category from the Ontario Hostelry Institute in 2011, the Pinnacle Award for Canadian Chef of the Year in 2010 and Grand Chef Status in 2008. Off the job, he regularly lends his skills as a volunteer at Bridges in Cambridge and has fundraised for The Kirby House and KidsAbility. http://www.theberlinkw.ca.

Media Contacts:

For Catalyst:
Brad Hem
The Dialog Lab
brad@thedialoglab.com
(281) 543-0669

For Graffiti:
Talvi Kuld
TK Strategic Communications
tk@talvikuld.ca
(416) 917-7323

Catalyst 137 - Exterior View 2 rb

Early Catalyst137 Tenants Plan to Integrate Innovative Technology into Redeveloped Warehouse

Early tenants for Internet of Things development hub include eight area tech companies

Kitchener, Ontario – October 26, 2016 – The first tenants of the new Catalyst137 technology hub will be hardware manufacturers and companies that provide services needed for those manufacturers to get their products to market.

Scheduled to open in the summer of 2017, Catalyst137’s early confirmed tenants include Miovision, Alert Labs, FoxNet Solutions, MyShop Makerspace, Sigmapoint Technologies, Snap Pea Design, SPIN , and Swift Labs.

“We couldn’t be more excited about how the project is coming together,” said Frank Voisin, president of the real estate investment firm Voisin Capital and one of the Catalyst137 founders. “We always envisioned it as an all-inclusive place for visionary hardware companies to make their homes and get everything they need under one roof.”

As the first wave of tenants shows, Catalyst137 will establish an ecosystem of supporting services for hardware companies. Snap Pea provides industrial design. Swift Labs provides RF testing and hardware design services. My Shop Makerspace provides shop equipment for tenant use. Sigmapoint, which is expanding its business to Kitchener from Cornwall, will provide prototyping services.

Catalyst137 also is featuring its tenants’ technology in the infrastructure of the 475,000-square-foot remodeled tire warehouse. FoxNet is installing the IT backbone into the building. Alert Labs’ real-time data software and sensor networks will monitor and meter energy use throughout the building. SPIN will provide integration and the visual interface that will provide visibility to the building technology.

“The goal is to make Catalyst137 a one-stop shop for hardware companies to build their products, access the support services they need, and then showcase the new technology right here in the building,” said Kurtis McBride, CEO of Miovision and co-founder of Catalyst137.

The finished space will feature hundreds of sensors to make the building and streetscape hackable so that Catalyst137 can act as both a showcase of the region’s technical ingenuity and a sandbox for new innovation. By allowing Catalyst137 members to experiment with and add to the building’s IoT network, the hub will help foster new ideas and support emerging technology.

The idea for Catalyst137 came from frustration. Each year, more than two dozen hardware companies graduate from the incubator programs at the University of Waterloo and Communitech. Until now, requirements for manufacturing space and loading docks relegated hardware companies to the outskirts of Kitchener-Waterloo while software companies needing less space swarmed to the city center. Startups from all over the world are invited to benefit from centralized investment, consulting, manufacturing, engineering, government relations and other services, to be consolidated under one 12-acre roof.

Catalyst137 is offering area businesses options to join a community of startup peers and will lease office spaces ranging from 3,000 to 50,000 square feet. Companies will have access to loading bays and a shared manufacturing space featuring 3D printers, laser cutters, metalworking equipment and more.

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Media contact:

Brad Hem
brad@thedialoglab.com
(281) 543-0669

Catalyst 137 - Interior View 1

Catalyst137 Unveiled as World’s Largest Hardware Technology Hub

Massive Kitchener warehouse to be revitalized as Internet of Things manufacturing center and development lab drawing innovators from around the world.

Kitchener, Ontario – June 21, 2016 – The new Catalyst137 project announced today will provide a workspace and innovation center for hardware technology companies in the Region of Waterloo and draw entrepreneurs from around the world to a state-of-the-art facility in the heart of an ecosystem already well known for innovation.

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