INFOGRAPHIC: STARTUP ECOSYSTEM IN CANADA

It is no secret that the startup community is a fundamental part of the Canadian economy. Fast-growing and young companies are relevant in fostering economic growth, creating new jobs and developing an innovative creative process in diverse sectors.

The infographic below is based on the Survey on Financing and Growth of Small and Medium Enterprises in Canada 2014. The study is designed by Innovation, Science and Economic Development Canada (ISED) and is conducted by Statistics Canada every three years.

The survey shows some owners’ particularities. The vast majority of start-up owners are between 30 and 64 years old. More than three quarters of them have a post-secondary education: 32% a college, CEGEP or trade school education; 32% a bachelor’s degree and 15% a master’s degree or above. It suggests that they received more education than people in other companies.

As a reflection of diversity in Canada’s population, the background of start-up owners is varied: 33% are immigrants and 15% are visible minorities. Both of them are more willing to start their own business than the other population segments. Check out all the details below:

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