Trending Mississauga, Canada Startups

Mississauga is a city located in the greater toronto area of canada with a population of over 700000 it is the sixthlargest city in the country the city has a rich history of entrepreneurship with many successful businesses being founded in the area the geography of the area is diverse with a mix of urban and suburban neighborhoods one of the key technological innovations in the area is the development of the mississauga intelligent community which aims to create a connected and sustainable community through the use of technology companies such as microsoft ibm and cisco have all invested in the project several notable companies have been founded in mississauga including blackberry which was formerly known as research in motion other companies headquartered in the area include maple leaf foods walmart canada and pepsico canada the city is home to several universities including the university of toronto mississauga and sheridan college the living wage in mississauga is estimated to be around 1850 per hour which is higher than the minimum wage in ontario the unemployment rate in mississauga is relatively low at around 65 the citys gdp is estimated to be around 80 billion making it one of the largest contributors to the canadian economy despite the challenges posed by the covid19 pandemic the startup scene in mississauga is thriving the city has seen a steady increase in the number of new companies starting up and there is a growing community of entrepreneurs and investors in the area with its strong economy diverse population and supportive business environment mississauga is poised to continue its growth as a hub for innovation and entrepreneurship