Ryerson University Signs Friendship Agreement with London’s Level39

Both Ryerson University and London’s Level39, Europe’s largest in the finance, retail and future cities sectors, have attracted international attention for their supporting the next generation of entrepreneurs and innovators.

Today, the two institutions signed a friendship agreement, which opens new opportunities for collaboration, improved access into Canadian and European markets and provides soft-landings for globally-minded entrepreneurs.

Through the agreement, members of Level39, based in Canary Wharf and members of the Digital Media Zone at Ryerson University in Toronto, will have access to the space and startup support at each other’s facility, enabling international business development and growth.

Last year Techvibes visited Level39 as a guest of UK Trade & Investment (UKTI) and their Global Adventure Competition.

Established by Canary Wharf Group, Level39 occupies the entire 39th floor of the iconic One Canada Square building. It’s also home to a very popular iPad-controlled espresso machine (pictured). Level39 Head Eric Van der Kleij sat down with Techvibes to share his vision for the space and their goals of disrupting the financial technology, retail technology and smart city industries.

While the connection to finance is obvious considering Level39’s immediate proximity to London’s financial district, Van der Kleij also explained that retail tech companies will be able to use Canary Wharf’s three shopping centres as research facilities for their products and services.

”Collaboration between the technology sector and leading entrepreneurial academic establishments is key to the continuation of a thriving innovation ecosystem,” said Eric Van der Kleij, Head of Level39. “Ryerson’s smart technologists and professionals are the individuals that will help drive forward the already booming entrepreneurial community. We are very pleased to be collaborating with one of Canada’s finest Universities.”  

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“This is an exciting moment for Ryerson University as it represents the first major accord between a Canadian academic institution and Level39,” said Henry Long, UKTI Canada Investment Officer. “This agreement illustrates the forward thinking of both organizations and UKTI is eager to continue working with them to pursue their mutual endeavours.”

UK Trade & Investment (UKTI) works with UK based businesses to ensure their success in international markets through exports. We encourage and support overseas companies to look at the UK as the best place to set up or expand their business.