At least three candidates for Peterborough City Council have come out strongly in support of innovation, entrepreneurship & start-ups as drivers of economic growth and employment in the Peterborough community. All have posted strong opinion pieces on the Innovation Cluster’s Linked In Group.
Ashburnham Ward candidate, Paul Teleki, has published a post, entitled Invest in Business. Teleki says that “[Peterborough] City Council’s support for start-ups, innovation and growth in all business sectors is fundamental to the future success of Peterborough … [as] entrepreneurship is acknowledged as a driver for economic growth, competitiveness and job creation”. Furthermore: “by investing in start-ups, business growth and innovation … we can increase quality employment opportunities in Peterborough”.
“[Technology start-ups] are,” Teleki suggests, “uniquely capable of scaling quickly, creating sustainable high-wage jobs, and attracting investment into a community such as Peterborough”.
Teleki makes specific reference to the Innovation Cluster’s incubator: The Cube. He praises the fact that The Cube offers growth tech companies “access to skilled mentorship, professional value-added services, and investment and financing”.
If elected, Teleki commits himself to supporting these initiatives, and working with council and the community to ensure that “we are making decisions that will move Peterborough forward in the 21st century”.
Otonabee Ward One candidate, Kim Zippel, has posted an opinion piece entitled: “Changing Slogans from ‘Open for Business’ to ‘Investing in Peterborough’“, in which she argues in support of “investment in the success of entrepreneurs”.
Zipple argues that “to be economically progressive, and build a diverse, and hence resilient, local economy, we need to grow from within, as well as attract from outside, of our region”.
She points out that, according to international statistics, 84% of locally incubated start-ups STAY local.
“To me,” she writes, “that is a low risk investment of tax dollars. The City of Peterborough needs to be a core supporter of mentoring and service networks for start-ups, such as the Greater Peterborough Innovation Cluster, because we have confidence in our local talent. This confidence is best demonstrated by an investment in the success of emerging entrepreneurs.”
Zippel concludes: “When start-ups succeed, we succeed as a community.” It’s hard to argue with that!
Town Ward candidate, Diane Therrien, has posted an article titled “Building a Healthy Economy – and Community“, in which, she says, there is growing evidence showing that investing in tech start-ups and entrepreneurs creates good, long-term employment and provides the best return on investment.
“Employment in the start-up and entrepreneurial sector will attract young professionals to our city,” Therrien argues.
“This type of approach is key to combat the current brain drain that sees post secondary students leave town upon graduation when they realize the difficulty of finding a job in Peterborough.
“If we want to keep more young professionals, and people of all ages, in town, we need to create a city that attracts the kind of bold, entrepreneurial spirit that has been seen in the most successful corporations of the last few decades – innovative, holistic, and always thinking about the future.
“Investing in local start-ups, building on the strengths and talents already present in the community, and planning for a city where both young families and retirees can get around safely and easily should be a priority.”