ventureLAB announces partnership with TSMC to expand Canada’s hardware and silicon ecosystem

Jacqueline Cruz

October 1, 2020

MARKHAM, Ontario – October 1, 2020ventureLAB is pleased to announce a new partnership with TSMC, the world’s largest semiconductor foundry, to expand the Hardware Catalyst Initiative’s reach and further support innovative Canadian tech firms. The Hardware Catalyst Initiative (HCI) is Canada’s first hardware and silicon lab and incubator, accelerating the commercialization and reducing barriers of development for emerging hardware and silicon leaders.  

As the HCI’s primary foundry partner, TSMC will support qualifying companies participating in the HCI with expanded access to prototype silicon production and manufacturing multi-project wafers (MPW). The partnership with TSMC will reduce the barriers for multi-project wafers design and manufacturing and make them accessible for start-ups and scale-ups, enabling their silicon innovation with fast time-to-market.

“For hardware and silicon start-ups and scale-ups, commercializing their products can be a lengthy and expensive process. This new partnership between ventureLAB and TSMC reduces barriers for innovative tech firms, enabling their business growth and reducing their time to market,” said Melissa Chee, President and CEO, ventureLAB. “We are excited to partner with TSMC to enable Canadian tech firms to become globally competitive.”

“As the world’s largest semiconductor foundry, TSMC knows the challenges that semiconductor start-ups face in growing their companies and commercializing their products,” Bradford Paulsen, Senior Vice President of Business Management, TSMC North America. “TSMC is pleased to be part of the effort in the scaling of these emerging tech leaders, reducing barriers for breakthrough tech companies and helping them achieve first-time silicon success.”

Join the Hardware Catalyst Initiative 

Applications for the highly competitive Hardware Catalyst Initiative are open until October 15, 2020. The program will select up to ten qualified companies to participate in its second cohort. To learn more about the Hardware Catalyst Initiative, visit


About The Hardware Catalyst Initiative

ventureLAB’s Hardware Catalyst Initiative is Canada’s first hardware and silicon-focused lab and incubator. Funded in part by the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), this competitive program helps  

southern Ontario-based tech SMEs accelerate their time to market in a sector that normally incurs lengthy entry and scale times, enabling Canadian hardware and silicon companies to grow and scale locally, and compete globally.


About ventureLAB

ventureLAB is a leading technology hub located in Markham in York Region, Canada’s second largest tech cluster. Through its programs focused on capital, talent, technology, and customers, ventureLAB has supported over 2,000 tech companies and entrepreneurs, including 100 companies that have raised over $100 million and created close to 4,000 jobs. ventureLAB’s innovation hub is a 50,000 square foot facility that is home to over 45 tech companies and partners that employ more than 300 people. At ventureLAB, we grow globally competitive tech titans that build-to-scale in Canada. 



Justine Kintanar

VP, External Relations and Communications, ventureLAB


ventureLAB and Silicon Catalyst partner to expand hardware and silicon ecosystem in Canada

September 14, 2020
ventureLAB News

Entrepreneurship and Innovation Fund to develop innovative solutions in York Region

July 13, 2020
Community news

ventureLAB announces appointment of industry leaders and founders to Board of Directors

June 11, 2020
Success Stories

2019 Annual Review

May 29, 2020
Community news

Navigating COVID-19: Resources for Your Business

March 18, 2020
Community news

COVID-19 Update

March 16, 2020
ventureLAB News

ForaHealthyMe Completes Research Project On Adaptive Activity For Seniors

March 10, 2020

Reducing Unconscious Bias through Tech Undivided

March 9, 2020
Advanced Manufacturing

Tech Undivided – Introducing the Inaugural Cohort & Strategic Mentor Network

February 27, 2020
Community news

Transformative Solutions Made in Markham – ventureLAB Launches the Hardware Catalyst Initiative

February 10, 2020
Advanced Manufacturing

NUVIA Inc. opens its first international office at ventureLAB in Markham

February 6, 2020

Introducing the Hardware Catalyst Initiative’s Inaugural Cohort and Founding Partners

January 30, 2020
Community news

Made In York Region 2019: The Future of Tech

September 20, 2019

Introducing the Hardware Catalyst Initiative

August 29, 2019

ventureLAB receives funding from FedDev Ontario for hardware lab and incubator

June 27, 2019
Community news

Our New Website is Live!

June 24, 2019
Community news

PACE and ForaHealthyMe Inc. Collaborate to Enable Innovative Rehab Care for Elderly Patients

June 12, 2019

Related Articles

Community news

5 Digital Health Companies to Watch

November 23, 2020
Community news

Melissa Chee, President and CEO, ventureLAB

March 4, 2019
Community news

Moderated Q&A Webinar: Business Recovery with Minister Prabmeet Sarkaria

May 13, 2020
Community news

Navigating a New Reality

May 11, 2020
Community news

Dynamic Duo Finds Love and Success

February 14, 2020
Community news

Hardware Catalyst Initiative Applications Open

October 1, 2019
Community news

Karen Wong, TAKU Retail

October 17, 2019
Community news

York Region Entrepreneurship and Innovation Fund

November 12, 2019