TORONTO, Oct. 29, 2013 – When it comes to business success for Fluidware co-CEOs Eli Fathi and Aydin Mirzaee, it was second time that was a charm.
After their first startup attempt – something they describe as an “anti-social network” – didn’t connect as they had hoped, Fathi and Mirzaee knew they needed to re-think their business model. Good thing they did, too.
That re-think in 2008 turned a floundering social media site into the flourishing startup it is today. And the company, which now employs 50 people and sells survey and application review software solutions to companies all over the world, is showing no signs of slowing down.
On Oct. 29, Fluidware’s game-changing software tools earned the Ottawa-based company the prestigious 2013 Ontario Centres of Excellence (OCE) Mind to Market Award on Oct. 29.
Sponsored by the Ontario Municipal Employees Retirement System (OMERS), the Mind to Market Award honours and celebrates the best OCE-supported research collaboration between the business and research communities resulting in the commercialization of leading-edge ideas and solutions. Award recipients exemplify the innovation that is possible when the brightest minds in industry and academia collaborate to address today’s most critical issues.
“OCE has been a strong supporter of Fluidware over the past four years because we saw the potential in them early on,” said OCE President and CEO Dr. Tom Corr. “Their partnership with Algonquin College was a great example of the collaboration between industry and academia this award recognizes.”
In Fluidware’s case, it was a productive relationship with Algonquin College (and early-stage funding support from OCE) that helped them move to another level.
Their software solutions are being used by governments, universities and companies large and small in 50 countries to collect and analyze data as well as review job applications and grants and scholarships submissions.
Fluidware is not only an OCE success story; it is an Ontario success story. In a few short years the company has grown from just Fathi and Mirzaee to 50-60 employees by the end of 2013. Their goal is to be publicly traded on the NASDAQ exchange in short order.
“Fluidware is helping solve problems for some very large international clients and it is creating and sustaining high quality jobs for Ontarians — including many students,” said Reza Moridi, Ontario’s Minister of Research and Innovation. “Fluidware is just one of many Ontario companies whose products are making a difference around the globe. This announcement is a testament to the power of collaboration and an inspiration for other companies.”
To see a video about Fluidware and the other Mind to Market award finalists, visit http://www.youtube.com/watch?v=KTTdJqWYjAY
About Ontario Centres of Excellence (OCE) Inc. (www.oce-ontario.org)
Ontario Centres of Excellence (OCE) drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario’s global competitiveness. In doing this, OCE fosters the training and development of the next generation of innovators and entrepreneurs and is a key partner with Ontario’s industry, universities, colleges, research hospitals, investors and government ministries. A champion of leading-edge technologies, best practices and research, OCE invests in sectors such as advanced health, information and communications technology, digital media, advanced materials and manufacturing, agri-food, aerospace, transportation, energy, and the environment including water and mining. OCE is a key partner in delivering Ontario’s Innovation Agenda as a member of the province’s Ontario Network of Entrepreneurs (ONE). Funded by the Government of Ontario, the ONE is made up of regional and sector-focused organizations and helps Ontario-based entrepreneurs and industry rapidly grow their company and create jobs. For more information visit www.onebusiness.ca
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