What Hub350 does

Hub350 is a Canadian non-profit innovation hub and coworking facility operated by the Kanata North Business Association (KNBA), located in a 12,000 sq ft space in Mitel's former headquarters at 350 Legget Drive in the heart of Kanata North Technology Park, Canada's largest tech park. Founded in 2022, the hub functions as the physical gateway and town hall for the surrounding 5 sq km tech park, which houses 540+ companies and 33,000+ employees contributing $13B annually to Canada's GDP. Core physical assets include the TELUS 5G Innovation Zone (Canada's fastest 5G network), a Digital Media Lab powered by Ross Video, soundproof phone booths, meeting rooms (including the Mitel Boardroom and the RBCx Finance Quarter), lounges, and 16+ hot desks, all bookable through the QReserve platform.

The business model combines freemium and paid access tiers. KNBA member companies access all spaces and amenities free of charge with full booking privileges; Hub350 Partners (companies outside Kanata North seeking a soft-landing presence) pay a quote-based multi-year subscription for branding, exclusive events, and access to the 540-company ecosystem. General public and freelancers pay usage-based rates ($25-$400/day depending on space, $125-$150/hour for the Media Lab) or a $199/month subscription. The go-to-market is community-led and event-driven, with anchor partners across industry (TELUS, RBCx, Ross Video, L-SPARK, CENGN, Kinaxis, Fortinet, JSI Telecom), academia (University of Ottawa, Carleton University, Algonquin College, Polytechnique Montréal, University of Windsor, eCampus Ontario, Ottawa Education Group), and capital (Capital Angel Network, Real Ventures, Good News Ventures, Data Point Capital) supporting programming such as the Living Lab Accelerator, Executive Leadership Councils (HR, R&D, CEO, CIO, CFO, CMO), Discover Technata talent programs, and the QCH Health and Wellness Lounge.

The organization is governed as a non-profit under KNBA, led by Executive Director Kelly Daize (appointed June 2024) and a team of approximately seven including Directors of Partnerships, Marketing, and Programs/Operations. No external equity investors, funding rounds, or acquisition activity are disclosed; the entity operates on partner contributions, in-kind sponsorships, and limited fee-based revenue.

Name

Hub350

Legal name

Hub350

Website

https://hub350.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Hub350 is a non-profit innovation hub and coworking facility in Kanata North Technology Park, Canada, providing bookable workspaces, a TELUS 5G Innovation Zone, and a Ross Video media lab to 540+ member companies, academic institutions, and investors through the Kanata North Business Association.

Ownership category

akta.pro rank

Product category

Innovation Hub / Coworking Services

NAICS

Convention and Trade Show Organizers (561920)

SIC

Office Machines, Nec (3579)

akta.pro primary industry

Meeting & Event Space Services (Setup/Teardown) (BPABAFAL)

akta.pro secondary industries

Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK), Conference Centers & Dedicated Meeting Venues (THAHAAAB)

Keywords

• Coworking space rentals
• Innovation hub facilities
• 5G innovation zone
• Technology accelerator programs
• Event space booking

Headquarters

HQ city

Kanata

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Coworking Space Rentals: Revenue from renting workspace including hot desks, meeting rooms, phone booths, lounges, and collaborative workspaces. Free for KNBA members, charged for non-members and general public at daily or hourly rates.
2. Event Space Rental: Revenue from hosting events in spaces like the RBCx Finance Quarter and Mitel Boardroom, with special event pricing for the general public.
3. Hub350 Partnerships: Partnership agreements with companies outside Kanata North to soft land and establish presence in Canada's largest tech park. Partners receive access to 540+ innovation companies, branding exposure, and exclusive events.
4. Media Lab Access: Digital Media Lab powered by Ross Video available at $125/hour for KNBA members and $150/hour for general public, plus special event rates.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Hub350 operates a 12,000-square-foot physical coworking, event, and innovation hub space at 350 Legget Drive in Kanata North Technology Park, providing bookable workspaces (hot desks, phone booths, meeting rooms, lounges, collaborative spaces), the TELUS 5G Innovation Zone, the Ross Video-powered Digital Media Lab, and the Mitel Boardroom. It anchors programs including the L-SPARK Living Lab Accelerator, Executive Leadership Councils, the Investment Community, and Discover Technata Talent Programs, connecting 540+ member companies with academic and investment partners.

Product overview

Hub350 is a physical coworking and innovation hub ecosystem located at 350 Legget Drive in Kanata North Technology Park, serving as the gateway to Canada's largest technology hub. The core offering includes bookable workspace (phone booths, meeting rooms, lounges, hot desks, collaborative workspaces) and a Digital Media Lab powered by Ross Video. Premium spaces include the Mitel Boardroom. Hub350 also operates a 5G Innovation Zone in partnership with TELUS. Value-added programs include the Living Lab Accelerator (with L-SPARK), Executive Leadership Programs, Investment Community initiatives, Discover Technata Talent Programs, and the QCH Health and Wellness Lounge. The hub connects 540+ member companies with industry, academic, and investment partners through collaborative spaces and programming.

Differentiator

Problem solved

Functional benefit

Products and services

• Coworking and Event Spaces Bookable workspace options including collaborative workspaces, soundproof phone booths, private meeting rooms, lounge areas, and hot desks for individuals and teams (KNBA member companies access free; general public $25-$400/day; $199/month subscription).
• Digital Media Lab (powered by Ross Video) State-of-the-art in-house newsroom and production studio enabling member companies and media organizations to develop, produce and broadcast tech stories, corporate news, podcasts, vlogs, and video content directly from Hub350 ($125/hour KNBA members, $150/hour general public).
• Mitel Boardroom Large private meeting space powered by Mitel technology, seating up to 10 people for group conversations, events, and presentations ($100/meeting for general public).
• 5G Innovation Zone TELUS-powered 5G network infrastructure enabling businesses to test products for real-world applications on Canada's fastest mobile network, working alongside 500+ businesses in the Kanata North technology park.
• Hub350 Living Lab Accelerator Accelerator program in partnership with L-SPARK that accelerates customer adoption and real-world deployment of 5G and next-generation technology solutions for the Kanata North community.
• Executive Leadership Programs Leadership programs for knowledge transfer, industry best practice sharing, and senior executive collaboration including HR, R&D, CEO, CIO, CFO, and CMO Leadership Councils.
• Investment Community Initiative connecting financial institutions, investors, and government funders through shared interests, accessible spaces, and events to provide growth stage capital for member companies.
• Discover Technata Talent Programs Programs facilitating connections between academic institutions and corporate member companies through career fairs, hackathons, and recruitment roadshows.

Quantifiable outcome

• $13B contribution to Canada's GDP from Kanata North tech park companies
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

31 partnerships are on record, tiered anchor, core, executive and associate.

• TELUSanchorTechnology or IntegrationTELUS is the anchor 5G partner powering Canada's fastest 5G network at Hub350 through the TELUS 5G Innovation Zone. This partnership supports the vision of building a 5G innovation zone that will fuel and expand the entire Kanata North technology park.
• L-SPARKcoreStrategic or Co-development PartnerL-SPARK is a leading technology and business accelerator partnered with KNBA and Hub350 to create the Living Lab Accelerator, accelerating customer adoption and real-world deployment of 5G and next-generation technology solutions.
• University of OttawaanchorStrategic or Co-development PartnerAcademic anchor partner providing students with access to member companies through hackathons, recruitment roadshows, career fairs. Has recently opened Kanata-North campus supporting integration of post-secondary institutions into the technology park.
• Carleton UniversityanchorStrategic or Co-development PartnerAcademic anchor partner with recently opened Kanata-North campus supporting vital integration of post-secondary institutions into the technology park. Provides students with access to member companies through hackathons, recruitment roadshows, and career fairs.
• Algonquin CollegeanchorStrategic or Co-development PartnerAcademic anchor partner providing students with access to member companies offering exceptional career opportunities through hackathons, recruitment roadshows, and career fairs.
• Ross VideoexecutiveTechnology or IntegrationRoss Video sponsors the state-of-the-art Digital Media Lab at Hub350, providing in-house full-size newsroom capabilities for companies and media organizations to develop, produce, and broadcast tech stories from within Hub350.
• Queensway Carleton Hospital FoundationexecutiveStrategic or Co-development PartnerQCH Foundation partners with Hub350 to open the Queensway Carleton Hospital Lounge, a space for regular forums, mental and physical health education sessions, and wellness resources for 500+ companies and 33,000+ employees in the technology park.
• Ottawa TourismexecutiveGTM or Marketing PartnerOttawa Tourism is partnered with Kanata North Business Association to have a significant presence at Hub350 and lend experience and expertise to local industry leaders seeking to bring dynamic, first-rate events to the area.
• Invest OttawaassociateStrategic or Co-development PartnerStrategic partnership supporting innovation and economic development in Ottawa's technology ecosystem.
• CENGNassociateTechnology or IntegrationCENGN operates the private 5G test infrastructure in Kanata North, supporting the 5G Innovation Hub for testing 5G solutions across a variety of use cases in a secure sandbox environment.
• MitelexecutiveTechnology or IntegrationHub350 is located in Mitel's former headquarters at 350 Legget Drive. Mitel's latest technology powers the meeting rooms.
• Ottawa SenatorsexecutiveStrategic or Co-development PartnerNHL team partnership supporting the innovation ecosystem and community engagement.
• Wesley CloverexecutiveStrategic or Co-development PartnerWesley Clover meeting room named after the organization, which is a local tech and investment group.
• Ottawa Education GroupexecutiveStrategic or Co-development PartnerEducation partner supporting learning and development programs at Hub350.
• Gowling WLGassociateStrategic or Co-development PartnerLaw firm partnership supporting legal and business needs of Hub350 ecosystem.
• Innovation RealtyassociateChannel Partner/ Reseller/ DistributorReal estate partner supporting companies looking to locate in the Kanata North technology park.
• ColliersassociateChannel Partner/ Reseller/ DistributorCommercial real estate services supporting Hub350 and member company space needs.
• National Research Council (NRC)associateStrategic or Co-development PartnerFederal research organization partnership supporting innovation and R&D in the technology ecosystem.
• Ottawa Business Journal (OBJ)associateGTM or Marketing PartnerMedia partner providing news coverage of Hub350 and the Kanata North technology ecosystem.
• eCampus OntarioassociateStrategic or Co-development PartnerDigital learning platform partner supporting educational initiatives.
• ADGAassociateStrategic or Co-development PartnerConsulting and engineering services partner supporting the technology ecosystem.
• FortinetassociateTechnology or IntegrationCybersecurity technology partner supporting secure 5G and technology infrastructure.
• Bahamas Ministry of Tourism, Investments, and AviationassociateStrategic or Co-development PartnerInternational partnership supporting tourism and investment connections.
• StratfordassociateStrategic or Co-development PartnerStrategic consulting and advisory services partner.
• Polytechnique MontréalassociateStrategic or Co-development PartnerEngineering school partnership supporting research and talent development.
• University of WindsorassociateStrategic or Co-development PartnerUniversity partnership supporting academic collaboration and talent pipeline.
• ECC (Engineering Careers, U of T)associateStrategic or Co-development PartnerEngineering career services partnership supporting talent recruitment.
• Globe Content StudioassociateGTM or Marketing PartnerContent and media production partner supporting Hub350 communications.
• Rugby CanadaassociateStrategic or Co-development PartnerSports organization partnership supporting community engagement.
• JSI TelecomassociateTechnology or IntegrationTelecommunications technology partner.
• KinaxisassociateStrategic or Co-development PartnerKanata North technology company partner supporting the innovation ecosystem.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Communitech: Canadian non-profit tech hub based in Waterloo, Ontario, supporting startups, talent, and corporate innovation. Highly comparable to Hub350 as a non-profit ecosystem builder connecting industry, academia, and investors in a single regional tech cluster.
• MaRS Discovery District: Toronto-based non-profit innovation hub offering coworking, programs, and venture services. Directly comparable to Hub350 in its non-profit model, physical hub offering, and mission to accelerate innovation by connecting founders, corporates, and capital.
• 1871: Chicago-based non-profit technology hub providing coworking, education, and corporate innovation programs. Comparable in mission, non-profit structure, and ecosystem-orchestration model to Hub350, especially in its role as a community 'town hall' for a regional tech cluster.
• Cambridge Innovation Center (CIC): Global operator of innovation campuses combining coworking, lab, and accelerator space with venture-building services. Comparable to Hub350's blend of physical workspace, programming, and venture support, though at significantly larger scale.
• DMZ (Toronto Metropolitan University): Toronto Metropolitan University-affiliated startup incubator and coworking hub. Comparable to Hub350 as an academic-anchored, non-profit innovation hub that runs accelerator programs, provides workspace, and connects startups to investors and corporate partners.
• Innovation Depot: Birmingham, Alabama-based non-profit business incubator and tech hub. Comparable to Hub350 as a non-profit innovation hub offering coworking, accelerator programming, and corporate partnerships to grow a regional tech ecosystem.
• Station F: Paris-based startup campus offering coworking, accelerator programs, and corporate partner network. Comparable to Hub350 in its physical hub model, anchor partner ecosystem (e.g., TELUS-equivalent sponsors), and mission to attract international startups as a soft-landing destination.

Broad incumbents

• WeWork: Global coworking and flexible office operator. Comparable to Hub350's core coworking and event space offering, but commercially much broader and focused on urban enterprise occupancy rather than innovation-ecosystem building.

Others

• Invest Ottawa: Ottawa's lead economic development agency for tech, an existing Hub350 partner. Comparable as a regional innovation facilitator, but operates as a public-sector funded entity rather than a coworking hub, making it more of an ecosystem peer than a direct competitor.

Emerging players

• L-SPARK: Canadian technology and business accelerator that operates Hub350's Living Lab Accelerator. Comparable as an accelerator, though L-SPARK is a partner rather than a competitor; reflects the broader Canadian accelerator landscape Hub350 competes with for cohort companies.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Hub350
• Facebookfacebook.com/KanataNorthBA
• LinkedInlinkedin.com/company/kanata-north-business-association
• Instagraminstagram.com/hub_350

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hub350