EDC, MaRS agree to help clean tech, health and ICT companies

Export Development Canada and Toronto’s MaRS Discovery District announced Thursday they have agreed to work together to support “high-impact companies” in their efforts to export their products.

The agreement will see the two groups share their experience and expertise as they help companies enter foreign markets.

"EDC and MaRS have expertise that match well to support Canadian high-growth ventures in the cleantech, health, and ICT sectors," EDC senior vice-president, insurance Clive Witter said in a statement, adding the partnership will help these companies speed up their growth.

The groups will work together on joint events, highlight business opportunities in emerging markets for the three sectors.

"I am confident that working together with EDC, we will help Ontario's most promising technology entrepreneurs explore more business opportunities abroad,” MaRS Venture Services executive vice-president Salim Teja said in a statement.