TD Bank Announces Innovation Agreement with Communitech

TD Bank has signed a five-year agreement with Communitech to explore innovation.

The new agreement covers a range of opportunities, including entrepreneurship, growth, international business development and women in technology.

“TD is proud to partner with Communitech on a fantastic innovation space in the Waterloo Region,” said Teri Currie, Group Head, Direct Channels, Marketing, Corporate Shared Services & People Strategies.

“Our new lab will provide the opportunity to improve upon our legendary customer experience by exploring advanced technology solutions and collaborating with local startups and small- to medium-sized enterprises (SMEs). The program has additional facets that will benefit, develop and support startups, SMEs, and women in technology across Canada,” she added.

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“This agreement with TD will allow Communitech and the Canadian Digital Media Network to expand our offerings for startups, small and medium sized enterprises and women entrepreneurs in Waterloo Region and across the country,” said Iain Klugman, CEO of Communitech. “It will also provide TD access to the unique ecosystem at the Communitech Hub, where they will work alongside tech companies of all sizes in developing new technologies for the financial services sector.”

Additionally, TD will support the Women in Entrepreneurship initiative, which entails being the national Innovator Sponsor for the Women Entrepreneurs Online Mentorship Platform and Women Entrepreneurs Peer-to-Peer networking groups at five hubs across Canada, which will enable female mentoring relationships, collaboration, and networking.