Overview of CDMN Impact in Fiscal 2016
The Canadian Digital Media Network (CDMN), is a network of regional innovation hubs across Canada, all focused on supporting Canada's digital entrepreneurs. Designated a federal Centre of Excellence in Commercialization and Research (CECR), CDMN is dedicated to establishing Canada as a world leader in the digital economy.
Our network of Hubs is spread across Canada, from Newfoundland to Yukon Territory. Whenever you do business, we're there to help!
Number of Hubs: 25
Client desk space: 421,756 sq ft
Mentor hours: 78,622
Each Hub provides its own unique brand of programs and services to provide help companies succeed. Every year our network members provide assistance to over 5,000 companies.
Clients served: 5,576
Startup (0–19 employees): 4,728
SME (20–499 employees): 748
Enterprise (500+ employees): 100
Mentors accessible to clients: 630
80% of Hubs launched new programs or services
The companies we support have a big impact on the Canadian economy.
New jobs created by client companies: 8,876
Investment attracted by client companies
Total angel investment: $118.9 Million
Total VC investment: $981.1 Million
Total foreign investment: $95 Million
Total clients acquired: 15
Total reported value of acquisition: $492 Million
Data Source: CDMN 2016 Hub Survey
Canadian Digital Media Network
Government of Canada
For more on key trends impacting Canada's digital media economy, visit cdmn.ca/trends