Canadian startups to keep an eye on
According to experts' forecasts, these projects will become even more successful in 2023.
Canada is the new America for entrepreneurs. About 95,000 new businesses are opened annually in the country, and some of them are able to quickly make a fortune. Among these businesses are startups — innovative business models aimed at generating profits quickly. This industry is thriving in Canada.
Why are there so many successful startups in Canada?
The country has a strong economy, a lot of affluent people willing to become investors, and most importantly, highly educated employees. Canada's higher and professional education system is one of the best in the world and is on par with the US and UK. Graduates from local universities often become successful entrepreneurs.
Why is it worth knowing about Canadian business?
In this article, we have collected information on Canadian startups that investors are advised to consider. This is not just a collection of interesting facts: if you want to immigrate to Canada as an entrepreneur, studying local startups will help you understand market trends and consumer demands. And if you want to invest in the Canadian economy, this knowledge will help you choose promising projects and directions.
What startups are popular in Canada?
There is a variety of startups, ranging from software development and the use of artificial intelligence to successful "down-to-earth" business models. For example, one of the projects in our selection today is engaged in selling jewelry, while another is developing in the healthcare industry.
Loopio speeds up deal closure and simplifies working with clients
The Loopio project helps simplify and automate the most boring and bureaucratic part of business — the request for proposal (RFP). This document is sent to potential suppliers of goods or services, describing the requirements for the product necessary to complete a project or solve a specific problem. The RFP may also specify deadlines, budget, and other requirements. Such a document is usually created if the company participates in a tender.
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