Climate change approach tips balance for NZ’s only Smart City
Whanganui District Council’s approach to climate change has helped the city win international recognition as a leading model for economic and social development – for the seventh time.
Whanganui has again been named a Smart21 City by America-based think tank the Intelligent Community Forum and is the only New Zealand community to make this year’s list.
Read moreTallinn to forecast city traffic with digital system
Earlier this month, the Tallinn Transport Department announced that it has developed a digital model of a new generation that can study and analyze the traffic movements occurring in the city and thus make predictions that would greatly help with traffic management.
The model incorporates continuously updated data for 130 000 road sections and 51 450 nodes in the capital and takes into account the movements of private cars, public transport vehicles, trucks and pedestrians.
Read moreBinh Duong remains attractive to foreign investors
Binh Duong (VNA) – The southern province of Binh Duong attracted 59 foreign direct investment (FDI) projects in the first 10 months of this year, a local official told a conference on November 19.
During the period, 23 FDI projects in Binh Duong also increased their capital, while 155 others contributed capital or purchased shares with total registered investment exceeding 1.9 billion USD, according to Vice Chairman of the provincial People’s Committee Mai Hung Dung.
Read moreDublin, Marysville ‘Beta District’ could become Ohio’s version of Silicon Valley
DUBLIN, Ohio (WCMH) — Silicon Valley might be the tech-hub of the nation, but the next wave of innovation in the country could happen right here in Central Ohio.
“When we think, ‘Why here?’ versus, ‘Why?’ some of the other economies, some of the other cities, it’s really the ecosystem that we promote,” explains Jake Kaufman from Adept Marketing.
Dublin and Marysville are connected by a 35-mile stretch of highway. But the US-33 corridor is more than a link between two cities — it connects a shared vision of the future.
Read moreFredericton Software Startup Secures $100-Million Investment
FREDERICTON—Introhive, a Fredericton-based software startup, announced Wednesday that it has secured a $100-million (U.S.) investment, part of a Series C round led by PSG, a Boston-based company that backs middle-market software companies.
“It’s been a big year for Introhive,” said CEO Jody Glidden in an interview with Huddle. “We were on Deloitte’s 500 fastest-growing companies list for the second year in a row, we were recognized in Canada on the best places to work list.”
Read moreGovernment of Canada invests in Hamilton-based clean automotive and aerospace hub
$10 million to establish McMaster University's iHub to support more than 230 SMEs to commercialize new technologies for next-generation automotive and aerospace sectors
HAMILTON, ON, June 14, 2021 /CNW/ - The integration of advanced technology across the automotive and aerospace sectors is transforming the way we travel and transport goods, while offering substantial environmental benefits by reducing emissions and moving us closer to a zero emissions future. Manufacturers integrating new technology are growing in number and SMEs will be required to quickly pivot their operations and seize new supply chain opportunities as the automotive and aerospace sectors embrace greater electrification.
This is why, today, the Honourable Filomena Tassi, Minister of Labour and Member of Parliament for Hamilton West–Ancaster–Dundas, announced a $10-million FedDev Ontario investment for McMaster University https://innovationfactory.ca/ to establish iHub, a university-based integrated automotive, aerospace and advanced manufacturing network. The announcement was made on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedDev Ontario.
Read moreHow a Toronto tech boom is keeping the local economy going — despite the pandemic
Amidst the economic doom and gloom that the COVID pandemic has wreaked on Toronto, there’s been one consistent source of good news.
The Greater Toronto Area’s technology sector keeps on growing. The latest example? Delivery app DoorDash announced Wednesday that it would be starting a 50-person engineering team by the end of the year.
It’s the first non-U.S. engineering office for the company.
Read moreIt’s official: Canada will fund C$1.7 billion of Hamilton’s LRT project
The proposed Hamilton Light Rail Transit (LRT) project in Ontario will move forward with a 14-kilometer (8.7-mile) line planned between McMaster and Eastgate. The estimated C$3.4 billion (US$2.79 billion) project costs will be split between the government of Canada and the province of Ontario, which will each fund up to C$1.7 billion (US$1.4 billion).
It has been a bumpy ride for the proposed project that saw the province of Ontario commit C$1 billion to build light-rail in Hamilton only to see the province cancel the project in late 2019 citing rising costs – a move Hamilton elected officials called a betrayal.
Read moreTaipei City sets 2050 as target date for net zero emissions
TAIPEI (Taiwan News) – Taipei City marked Earth Day Thursday (April 22) by setting 2050 as its target for net zero emissions.
The move symbolized the Taiwanese capital’s determination to shoulder its responsibility as a citizen of the global community and cut carbon emissions, Taipei City Mayor Ko Wen-je (柯文哲) said.
Taipei will take the United Nations Sustainable Development Goals (SDGs) for 2030 as its base to transform the city as it faces the threat of climate change. The use of recycled materials, electric vehicles, smart and zero-carbon buildings, and investment in innovative businesses will form part of the capital’s long-term emission reduction policies.
Read moreToronto-based tech firm Alphawave plans London IPO
(Reuters) – Toronto-based semiconductor group Alphawave said on Thursday it was planning to apply for a London listing of its shares, adding that the cornerstone agreement with certain investors gave it a valuation of up to $4.5 billion.
The initial public offering would include issuing new shares, raising roughly $500 million, as well as an offer of existing stock to be sold by current shareholders, the company added.
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