Spotlight

City of Toronto welcomes thousands of worldwide innovators and tech experts for the 2023 Collision Conference

Logan D Suza

Councillor Shelley Carroll (Don Valley North), Chair of the Economic and Community Development Committee, will be joined by partners and tech experts in attendance to foster new opportunities for businesses in Toronto.

The 2023 Collision conference, North America’s fastest-growing technology conference and the largest Collision conference to date, will bring more than 40,000 innovators, tech professionals, and visitors from all over the world to Toronto. The gathering begins today and goes through Thursday, June 29, at the Enercare Center at Display Spot.

Today will also see the opening of the Collision Toronto Pavilion. In order to foster new opportunities for businesses in Toronto, Councillor Shelley Carroll (Don Valley North), Chair of the Economic and Community Development Committee, will be joined by partners and tech experts in attendance. The diverse organizations, assets, and resources in the Toronto region that are available to assist technology firms in forming, scaling, and prospering are available to conference attendees at the Pavilion, where they can learn about Toronto’s dynamic innovation ecosystem.

This significant global meeting keeps on assisting Toronto with drawing in unfamiliar direct speculation to Canada through organization developments and migrations, advance worldwide exchange and associations with Canadian organizations, tempt funding interest in Canadian organizations, and advance the Toronto and Canadian development biological systems. 35,000 people attended the Toronto Collision conference in 2022, which resulted in $43 million in direct spending and $68 million in economic impact. These figures include $1.7 million in municipal tax revenue, $5.7 million in tax revenue from the province, and $4.3 million in tax revenue from the federal government.

People and businesses from around the world’s technology sector are brought together in collision. The conference is one in a series of technology gatherings that also includes Rio de Janeiro and Web Summit in Europe. Over 700 speakers, 2,000 start-ups, 1,250 journalists, 950 investors, 100 unicorn companies from 140 countries, and over 120 trade delegations will attend the largest Collision to date.

Over 500,000 additional workers are employed in non-tech occupations within the tech sector, such as sales, administration, business operations, finance, and marketing. Toronto’s tech sector is fueled by 300,000 skilled workers. The collision lets the city show thousands of people around the world the diverse pool of tech professionals and Toronto’s growing technology and innovation sector.

In order to bring this coveted conference to Toronto, which first hosted Collision in 2019, the City collaborated with Exhibition Place, Destination Toronto, and other organizations. Because of the Coronavirus pandemic, the gathering was dropped in 2020 and held practically in 2021 preceding returning face to face in 2022. The City of Toronto announced last week that Collision would return to Toronto for a fourth time in 2024.

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