Since it opened in 1972, NCR’s Waterloo facility has created more than 200 patents for money handling software and hardware, like cheque sorters and ATMs.
Related Stories
Kitchener medical tech startup wins $500,000 in international entrepreneurial competition
The firm, based at the Velocity Garage in Kitchener, won the inaugural Entrepreneurship World Cup held in Saudi Arabia, and was awarded US$500,000.
1930s – Tough Times Lead to Innovation
Economic downturns are often thought to prevent innovation and risk taking. However, economic hard times can be a catalyst for innovation.