Richmond Hill: A Leader in Innovation
Smart Businesses Grow Here
Ranked as one of the top four municipalities in Canada by the Conference Board of Canada, a leading, independent, not-for-profit applied research organization, Richmond Hill is home to 206,850 residents and growing. Located in the heart of the Greater Toronto Area, Richmond Hill business owners are proud to build and grow their business here.
Innovative Place for Business
Large and small, global and local – over 4,200 companies have chosen Richmond Hill. Home to one of the largest technology clusters in Canada, Richmond Hill businesses also excel in Health; Professional, Scientific & Technical Services; Finance & Insurance; and Information & Cultural Industries.
Richmond Hill is proud to be the first municipality in York Region to welcome a makerspace. Housed at the David Dunlap Observatory, YLab is bringing the “maker movement” to life, fostering an exchange of ideas and resources in a centralized location. As a member of the Information and Culture sector, Richmond Hill business owner Ellen Kral, CEO of Kenilworth Media, knows the benefits of this vibrant and innovative location, crediting ease of collaboration with many local software companies, lawyers and IT professionals as contributing to her success. Likewise, BMW Group Canada Director of Human Resources, Ryan Pukas, expresses a related sentiment and is most grateful for Richmond Hill’s Economic Development team noting, “The support gained from the Town of Richmond Hill has been valuable and we look forward to continuing this relationship as we continue to develop our business in Canada.”
Strong Talent Force
As the only GTA municipality with an “A” ranking in City Magnets 2014 Report, placing fourth of six Canadian “A” cities best at attracting newly educated residents, Richmond Hill businesses have access to a highly educated workforce with nearly three-quarters of residents holding a post-secondary education; a growing talent pool recognized as the Most Educated Workforce in Canada. Compared with the rest of Ontario, Richmond Hill’s population is a magnet for youth with nearly half of residents between the ages of 20-49.
Growing Award-Winning Businesses
Fostering a culture of high achievers, both Richmond Hill and its companies are award-winning. Richmond Hill ranked fourth place in fDi Magazine’s (UK) list of the Top 10 American Small Cities of the Future for four consecutive years (2011-2014). fDi (Foreign Direct Investments) is a branch of The Financial Times Limited, one of the world’s most esteemed daily newspapers.
Numerous innovative Richmond Hill businesses have been awarded prestigious rankings on Profit Magazines 200 Fastest Growing Companies, Deloitte Technology Fast 50, Branham 300 Award recognizing Canada’s top IT companies and Profit 500 Canada’s Top Female Entrepreneur Awards.
Visit BusinessRichmondHill.ca to learn more about Richmond Hill and how your company can join The Smart Place for Business.