MITC-Markham-Trade
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Establishing Your Business in Markham A preliminary guide to: n accessing Canadian business or consumer markets n opening Canadian offices, manufacturing or R&D facilities n connecting with Canadian business contacts or partners Markham Civic Centre – Photo: Shutterstock A publication of the Markham International Trade Centre Where in the world is Markham? Index: Page Markham, Ontario, Canada coordinates: Where are we? 2 latitude: 43.856098 Establishing Your Business... 3 longitude: -79.337021 Forging Economic Alliances 4 Outbound Trade Advisory Service 4 Inbound Trade Advisory Services 5 Why Markham? 7 Work Force 9 Lifestyle 10 Additional Resources 11 About MITC 12 2 Copyright © 2020 Markham International Trade Centre Inc. All rights reserved. Establishing Your Business in Markham Photo: Harold Stiver / Shutterstock.com This overview highlights key points relevant to foreign-based businesses considering establishing offices, or facilities, in Markham, Ontario, Canada. It also addresses establishing trade partnerships with businesses operating in Markham. The Markham International Trade Centre was established to... Connect Local Markham Business With The Global Market and Help International Businesses Establish Operations In Canada Our Clients Want To: n Access Canadian Business or Consumer Markets n Open Canadian offices, manufacturing or R&D facilities n Connect with Canadian business contacts or partners Our Mission is to support international economic expansion by providing three key services: 1. Forging Economic Alliances 2. Providing Inbound Trade Advisory Services 3. Providing Outbound Trade Advisory Services Contact us to find out how we can help you achieve your business goals . Copyright © 2020 Markham International Trade Centre Inc. All rights reserved. 3 If your international city is interested in an economic alliance with Markham, contact us to learn about the benefits. 1 Forging Economic Alliances At the Markham International Trade Centre, our commitment to connecting Markham-based companies with foreign enterprises pursuing aligned business goals in economically advantageous locations has produced: n Eleven International Friendship Cities n Three Sister Cities n Multiple International Alliances n Numerous Agreements In Progress 2 Outbound Trade Advisory Services At the Markham International Trade Centre, our expert support equips Markham-based businesses with the knowledge and contacts they need to grow beyond Canadian borders. Our Local Business Clients Want To: n Access business or consumer markets outside Canada n Leverage the advantages of international R&D and/or manufacturing n Meet industry peers and / or support professionals in a variety of global locations to build a valuable network of international connections Opportunities For Markham-Based Businesses Exist In The Following International Industry Sectors: n Information and Communications Technology (ICT) n Life sciences, Health Care, Bio-Tech, Pharmaceuticals n Entertainment, Animation Contact us to find out how we can help n Design and Engineering, Green-Tech you achieve your business goals n Professional Scientific Services n Education n Manufacturing, Production and Packaging And many more 4 Copyright © 2020 Markham International Trade Centre Inc. All rights reserved. 3 Inbound Trade Advisory Services The Markham International Trade Centre's Inbound Trade Advisory Services connect international businesses with local enterprises. Our expert support also helps foreign-based businesses assess Canadian market opportunities and establish operations in Canada. Our International Business Clients Want To: n Access Canadian and US Business and/or Consumer Markets n Build trading partnerships with Canadian manufacturers and / or raw materials producers n Open local offices and / or manufacturing facilities to leverage local advantages n Invest in new or established Canadian operations n Gain access to shared office space, corporate board rooms, local real estate, legal, accounting and immigration resources We have facilitated numerous international business connections, alliances and partnerships with Canadian businesses in the following industries/sectors: Health Care, Biotechnology & Pharmaceuticals: We have connected Canadian pharmaceutical companies with: n Asia’s largest marine biological and biopharmaceutical production organization; exporting: Collagen, Glucosamine and Chondroitin Sulfate. n The world’s largest Alginate Manufacturer / Seaweed Processing Pioneer; exporting: Seaweed-based Chemicals, Pharmaceuticals, Health Foods and Fertilizers. n The world’s largest integrated health product provider of: Medical instruments and pharmaceuticals. n A global science-based health and nutrition producer of: Food and dietary supplements, pharmaceuticals, If your foreign-based business shares and medical devices. these goals, contact us to learn how n A major Asian manufacturer of: IV Solutions, we can help you achieve them. Medical Capsules and Syrups. Copyright © 2020 Markham International Trade Centre Inc. All rights reserved. 5 Education: We have connected Canadian educational institutions, ESL students and travel agencies with... n An Asian tech company: Multimedia Education Aids n Highly educated teachers: Grades 1 to 9 n International Studies Camps and Educational Exchange Programs Research & Technology: We have facilitated trade deals between Canadian Tech companies, Government Agencies and foreign-based businesses offering: n Tech Pricing Systems, Outsourcing Services and Products in E-government, Management, Information Processing, Medicine, and more. n Large Vehicle Batteries n LED Lighting Products n Deep Sea Research Production & Packaging: We have opened doors to trade between Canadian production and packaging companies and 20% of the global market in: n Aluminum Foil: Household, Pharmacy, Food Soft Packing, etc. n Tire Recycling and Processing (into new tires) n Solar Energy, Heat Preservation, Construction, Electrical and Automotive Industry Products, such as: Blend Polyol, Pre-polymer, Paving Materials, and Water-borne Polyurethane. 6 Copyright © 2020 Markham International Trade Centre Inc. All rights reserved. Why Markham? Markham is Canada’s most diverse community and its newest urban city (2012). A municipality of over 355,000 residents, it is centrally located in the Greater Toronto area and home to many of Canada’s leading life science and technology businesses. Also a leader in environmental and urban design, in 2010, Markham received the Canada Award for Excellence, Silver for outstanding achievements in quality, customer service, and a healthy workplace. Markham boasts a rich history, a vibrant city centre and well planned residential neighborhoods, recreational centers, parks, trails and golf courses. The City of Markham Offers: n Easy access* to major US and Canadian cities from Quebec City (NE) to Chicago (SW) to Washington DC (S) *1.5 hours by air / 8 - 10 hours by road n A diverse, affluent and rapidly growing population of over 355,000 n Inviting residential neighborhoods and multiple recreational facilities n A vibrant city centre with numerous restaurants and local entertainment venues Known as ‘Tech City’ in the Greater Toronto Area (GTA) Markham is home to: The IBM Innovation Space (Markham Convergence Centre). It serves as a 1-stop innovation hub where entrepreneurs and businesses commercialize their technology/business ideas. VentureLAB. It equips talented entrepreneurs with proven tools and expert mentors to grow innovative, scalable businesses. Markham Small Business Centre (MSB.) It provides services and programs for Markham entrepreneurs and small businesses. An impressive number of leading innovators including: IBM, Aviva Insurance, AMD, GM Canada Technical Centre, Bank of China, GE Digital Energy, Honeywell, Huawei Technologies, Lenovo, Johnson & Johnson, Toshiba, Honda and Hyundai. Copyright © 2020 Markham International Trade Centre Inc. All rights reserved. 7 In addition to having the highest concentration of Information and Communications Technology (ICT) employers, per capita, in Canada, the city of Markham boasts hundreds of thriving companies in the following industries: Technology Number Of Companies Computer Systems Design and Related Services 301 Engineering Services 116 Computer, Computer Peripheral and Pre-Packaged Software Wholesaler-Distributors 72 Electronic and Precision Equipment Repair and Maintenance 57 Electronic Components, Navigational and Communications Equipment and Supplies Wholesaler-Distributors 33 Management Consulting Services 32 Wireless Telecommunications Carriers (except Satellite) 27 Software Publishers 26 Research & Development in the Physical, Engineering & Life Sciences 24 Data Processing, Hosting, and Related Services 22 Navigational, Measuring, Medical and Control Instruments 19 Life Sciences Number Of Companies Professional Machinery, Equipment and Supplies Wholesaler-Distributors 57 Medical Equipment and Supplies Manufacturing 37 Medical and Diagnostic Laboratories 19 Research & Development in the Physical, Engineering and Life Sciences 18 Computer Systems Design and Related Services 17 Pharmaceuticals and Pharmacy Supplies Wholesaler-Distributors 16 Growth Strategies Markham actively seeks and builds economic alliances through a frequent exchange of business missions to and from Asia, the USA and Europe. By reaching out to global markets, our Trade Advisors bring investment into Markham and enable Markham-based businesses to expand internationally. Markham is attractive