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ICF Member News


Taiwan Accelerator in New Taipei City Invests In 8 Startups

Posted on News & Media by Victoria Krisman · January 24, 2017 11:08 AM · 1 reaction

NEW TAIPEI CITY, Taiwan, Jan. 23, 2017 (GLOBE NEWSWIRE) -- After nearly two months of applications, selection and panel interviews, Taiwan’s first seed accelerator – Taiwan Accelerator, has finally selected 8 out of 153 startups to provide with seed money and follow-up mentorship. In a country that does not place importance in seed investments, this is an unprecedented number of startups being invested in a single batch. A diverse selection of startups were chosen, including those from e-commerce, big data, agricultural technology, and even a team from India. They will now go through an 8-week bootcamp that includes a Due Day, Demo Day and roadshow in the U.S., which will help these startups find the most suitable investors to realize their creativity and dreams.

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Kings of the Hill Open Oulu Game Campus

Posted on News & Media by Victoria Krisman · January 24, 2017 11:03 AM · 1 reaction

This morning, Fingersoft announced that its latest mobile title, Hill Climb Racing 2, had surpassed 40 million downloads in just two months, topping the iOS racing chart in 121 countries and the overall chart in 64. That puts the sequel well on its way to meeting the expectations set by the original, which has clocked up an incredible half a billion downloads.

All of these are fine achievements, and Fingersoft is a thriving business, but the small Finnish team is keen to do more than just celebrate its own success, as proud of it as they are. Instead, it is investing in the Oulu Game Campus - a joint venture with two universities aimed at giving something back to the community that facilitated the company's success, in true hallmark Nordic style.

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Top 10 Stockholm tech startup stories of 2016

Posted on News & Media by Victoria Krisman · January 24, 2017 10:58 AM · 1 reaction

While 2016 may have come and gone, it won’t soon be forgotten by anyone active in the Stockholm tech startup scene. A new year is upon us, and with it the promise of new discoveries, innovations, and – for Stockholm’s entrepreneurs – the chance to build on some of the trends that characterized the city’s startup scene in 2016.

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Microsoft Makes AI Moves in Montreal

Posted on News & Media by Victoria Krisman · January 23, 2017 11:22 AM · 1 reaction

Anyone looking to move to Canada after January 20 may want to take a look at Montreal. Yes, it has beautiful scenery, a lot to do, and is populated by our friendly Canadian neighbors, but it’s also quickly becoming one of the biggest AI powerhouses in the world. This evolution is largely thanks to Microsoft and the many investments it’s made recently in Montreal’s AI future.

Early in January, Microsoft acquired Canadian startup Maluuba, which focuses on general artificial intelligence, and is moving it to Montreal. According to a recent article, “Maluuba focuses on natural language processing, in service of pursuing general artificial intelligence, or building computers that can think like people.” It does this through deep learning and reinforcement learning with the hopes of increasing the proficiency and effectiveness of computer-based systems. The goal is to eventually have AI answer questions, make decisions, understand natural language and so on, just like a human would.

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$225,000 for 181 Ipswich Go Fund Me campaigns

Posted on News & Media by Victoria Krisman · January 13, 2017 4:10 PM · 1 reaction

IPSWICH residents have donated more than $225,000 to 181 local Go Fund Me campaigns since the site started operating seven years ago.

Go Fund Me takes 6.75% from each donation, meaning the organisation has collected at least $15,000 from Ipswich campaigns since 2010.

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Columbus, Ohio, in the Smart City Spotlight

Posted on News & Media by Victoria Krisman · January 13, 2017 4:06 PM · 1 reaction

Developments in recent months at the city of Columbus, Ohio, provide prominent examples of ways in which the utility industry has been playing an increasingly important role in facilitating smart-city related improvements and related that revitalize more than infrastructure—they revitalize the quality of life for people who live in urban areas.

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Moncton chamber encourages the hiring of immigrants

Posted on News & Media by Victoria Krisman · January 13, 2017 4:02 PM · 1 reaction

Misconceptions about paperwork and language abilities may still keep business leaders from employing Syrian newcomers, according to the Greater Moncton Chamber of Commerce's chief executive officer.

But Carol O'Reilly said there are also many people working together to help Syrians settle and find work in the southeastern city.

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Taiwan gets Google's live transit updates

Posted on News & Media by Victoria Krisman · January 11, 2017 12:09 PM · 1 reaction

TAIPEI, Taiwan -- Catching the bus just got a bit easier.

Google Transit, a real-time bus and railway tracking feature in the Google Maps app, officially launched in Taiwan on Tuesday.

Now instead of just seeing bus and metro choices in the Maps app, you can see the bus's estimated arrival as reported by the transit operator in real time.

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Technopolis Ülemiste granted EUR 11 mln loan

Posted on News & Media by Victoria Krisman · January 11, 2017 12:04 PM · 1 reaction

ESTONIA Technopolis Ülemiste has been granted an EUR 11 mln loan by Swedbank to finance the construction of a 13-storey office building in the Ülemiste City business district in Tallinn.

“The office block that’s going up at Lõõtsa 12 represents our biggest property project for the next couple of years,” stated Gert Jostov, the chairman of the board of Technopolis Ülemiste. “It’ll provide around 10,000 sqm of new office space in the district.”

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Arlington Economic Development Announces Startup Arlington Competition

Posted on News & Media by Victoria Krisman · January 06, 2017 1:04 PM · 1 reaction

ARLINGTON, Va., Jan. 5, 2017 /PRNewswire-USNewswire/ -- Arlington, Virginia, located just steps from the nation's capital and quickly becoming established as a major tech startup hub on the East Coast, is starting off the new year with an incredible opportunity for technology startups. Startup Arlington is a competition that will give one tech startup the opportunity to discover the opportunities and resources available in Arlington with three months of free living space, office space, transportation amenities and $25,000 of investment.

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The Intelligent Community Forum® (ICF) is a network of communities and partners in the business and nonprofit sectors that provides economic development, training, certification, membership and consulting services. In a century dominated by digital, our mission is to help communities build innovative, inclusive and prosperous economies and cultivate strong social connections and rich and meaningful cultures. We do it for communities large and small, in urban clusters and outlying suburbs and rural places. We believe that digital connectivity and technology create the opportunity for almost every community to develop economic, social and cultural vitality – giving them all a chance to be great places to live, work, learn, grow, raise a family and prepare a path for the next generation.

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