Terry Matthews: Nortel is Gone, Here’s How we Get Over It: November 3, 2011 By Cantech
November 7, 2011

CATA Spokesman Terry Matthews: ""The Nortel ecosystem is still there. There is still lots of research and development capability in Ottawa. But the ecosystem has a shelf life of seven years at most. This is a really good time to start a new company before the talent disappears..."

CATA recently released a comprehensive update to its ‘Innovation Nation’ Campaign, an effort to bolster technology in this country that distinguishes itself with its detail. The campaign has the very specific objective of creating ten domestic companies in the information and communications technology sector with annual revenues exceeding $5 billion by the year 2020.

John Reid, who is CATA Alliance’s President & CEO, says Matthews and Wesley Clover are one of the main drivers of CATA’s Innovation Nation, especially since 2009 when Sir Terry became national spokesman. Reid says while senior government bureaucrats tends to shy away from committing, the group is gaining grassroots political support. “We’re starting to see a very strong buy in” says Reid. “All our social media advisory groups are increasing significantly; premiers, mayors and thought leaders are joining our Governing Councils...”

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