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Mind Blowing Facts

Did you know? Every year more than 4,000 people complete some form of post-secondary education in Lethbridge. And, 61% of the city’s population ages 25-64 have furthered their post-secondary education. 
 
We did! At Economic Development Lethbridge we make it our business to know about the characteristics and benefits that make our city unique. Everyday we work to develop proactive strategies to promote Lethbridge as an excellent place to live, learn, visit, invest and do business. 

Below you will find some of the impressive facts related to tecconnect, its clients and the high-tech industry in Lethbridge.

Since opening in June 2011, the tecconnect facility has met or exceeded all of the original business plan targets.
  • Through tecconnect, Economic Development Lethbridge has provided information and assistance to more than 70 IT/geospatial related companies.
  • The companies connected to tecconnect have accessed more than $18 million in funding from commercialization support organizations and private investors.
  • EDL has hosted, attended and/or sponsored over 58 industry-related events.
  • 74 jobs created and nearly 60% of the companies in tecconnect were started by or employ grads from our local post-secondary institutions.

Work to develop this centre as an anchor to the high-tech industry has also helped define Lethbridge as a significant player in this sector. 
  • According to the Conference Board of Canada’s 2014 Mid-Sized Cities Outlook Report the Information and Cultural industry in Lethbridge has experienced noteworthy growth. With a GDP increase of 12.3% and employment growth at 100%, this sector experienced the largest rate of increase of any Lethbridge sector between 2012 and 2013.
  • Lethbridge was recognized by Alberta Venture as the ‘Best community for Incubating IT’. The November 2014 publication credits tecconnect as the “one-stop shop for up-and-coming entrepreneurs” and Planet/Whipcord for playing a major role in the growing geospatial industry in Lethbridge.
 

tecconnect celebrates five years!
June 23, 2016
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Lethbridge College students team with tecconnect for competitive learning experience
December 31, 2015
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Lethbridge recognized as one of the Top 21 by the Intelligent Community Forum
October 22, 2015
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