Canadian Business Incubator Gives Outstanding Performance

A Canadian business incubator ranked the number one business accelerator in the world.

The Toronto-based York Entrepreneurship Development Institute (YEDI) was designated as the top three business accelerators in North America by UBI GLOBAL in 2016. UBI GLOBAL is a Swedish Data and Advisory Firm. Within two years, YEDI has become the number 1 business accelerator linked to any university in the world.

A top university linked incubation program is a business accelerator linked to a higher education institution that accomplishes outstanding impact and performance compared to other similar programs. UBI GLOBAL considers a program to be outperforming the others based on factors such as the value the program provides, the innovation ecosystem, client startups included in the program and the attractive features of the program. Marat Ressin, the founder and president of YEDI, is of opinion that with proper education, guidance and financing, Canadian entrepreneurs are able to give world-class business ideas that will satisfy a particular need, make money and create more job opportunities.

The startup business accelerator YEDI was started in 2013 to help the entrepreneurs with the best business ideas. Though it was originally started to help Russian Jewish community it has extended the reach to other Jewish communities and other public. Apart from Canada, YEDI offers support to Russia, Chile, and Israel etc.

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About the Author: Marcus Suban

Marcus is a reporter on the Political Capital team focusing on money in politics. Before joining Canadian Business Tribune, he worked as a researcher and writer for the Institute for Northern Studies at Lakehead University in Thunder Bay Ontario and as a freelance journalist in Toronto, having been published by over 20 outlets including CBC, the Center for Media and Democracy,The Huffington Post, Salon, Truthout and VICE.com.

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