A Closer Look at Canada’s Seven True Startup Accelerators
Posted by Rob Lewis on Jun 7, 2013
Over the past three years, dozens of accelerators and accelerator-like programs have emerged in Canada. However, there is debate about their value—do accelerators hurt startups, and can the accelerators themselves succeed?
New research by MaRS Data Catalyst this week provided a “fact-based foundation for discussion.” The report cites Canada as having seven “true” accelerators: GrowLab in Vancouver; Hyperdrive in Waterloo; FounderFuel in Montreal; and Extreme Startups, INcubes, Jolt, and Utest in Toronto.
Check out MaRS’ visualization of Canadian accelerator data below, including how many offer equity for funding, how big the ecosystem is in terms of mentors and founders, and the selection process.
See the TechVibes article here!
From the itBusiness.ca article: Elevator pitch videos from INcubes 3rd cohort
“Meet three startups… INcubes latest round… has a distinctly business-to-business approach, which stands apart from the consumer-focused products… in the past. Currently involved in a three-month acceleration program at INcubes’ new office, the trio of startups are currently honing their business models and products in time for their public debut on INcubes’ Demo Day, Feb. 27.”
"…TopThat is a web-based app, allowing people and businesses to create multi-media competitions and challenges. Competition managers have the ability to create pay-to-compete competitions. Compete against friends and judge everyone. Create your own competition. Compete against your friends. Judge and be judged.”
“Videogami just pivoted its startup to focus on interactive videos geared towards teaching hands-on skills.”
“L4NP is a web app that provides training for high-quality volunteer talent, as well as matching skilled volunteers with charitable & non-profit organizations.”
Originating Article Posted by Brian Jackson, Editor at ITBusiness.ca. E-mail him at firstname.lastname@example.org, follow him on Twitter, connect on Google+, read his blog, and check out the IT Business Facebook Page.
True INnovators Only • APPLY NOW for INtake03
Is INcubes right for your Startup?
Is your model innovative, experimental, and in it’s early-phases? We’re startup founders ourselves. We built INcubes to be agile, ever evolving on lean methodology. INcubes embodies how an internet startup should be. There are roughly 10 Accelerator Programs that are peers to INcubes across Canada. Some offer up-front cash incentives for you to join. INcubes acts as your INvestor Relations to help you gain the financing your venture is ready for with access to the best pre-money capital that leaves you in control of your company. INcubes is unique in that we are not indentured to an educational institution, nor are we attached to a government agency, nor are we a division of a larger technology company. INcubes is what you want your venture to be; owned and operated by it’s founders and shareholders, agile, nimble, and adaptable.
Canada’s Top Acceleration Program for the Most INnovative Startups
Application Deadline Nov 15, 2012
Lean Startup Machine Toronto at INcubes
Friday, October 19, 2012, 6:00 PM - Sunday, October 21, 2012 at 7:00 PM
Lean Startup Machine are intensive workshops, now being held around North America, where entrepreneurs and innovators learn the “lean” methodologies that are transforming how internet startups, startup. Mentors provide talks and hours of hands-on guidance on building what your customers want in the ‘leanest’ way. It’s an experience of incalculable value that will help lay the foundations of your future company. This workshop has many Success Stories.
Over the course of the weekend you will learn how to…
- Conceptualize Product & Biz Dev using “lean” methodology
- Practice Customer Discovery efficiently
- Research your Target Market quickly
- Test your Assumptions effectively
- Iterate and Pivot optimally
- Create a Minimum Viable Product
- Present your Validated Learnings
Tweet @ATravissCorry for your exclusive INcubes LSM DISCOUNT CODE. A significant value for the best applicants!
The INvestor Event you don’t want to miss. On-stage investor presentations from the second INtake of fascinating & INnovative entrepreneurial teams to grad from INcubes accelerator program. Enjoy the atmosphere inside the Toronto Stock Exchange in the heart of Canada’s Business District. Ask INcube’s CEO Ben Zlotnick for a Private INvite.
For those who cannot attend in-person, INcubes DemoDay INtake 02 will be live-broadcast. Stay TunedIN for more details.
Featuring The INcubated Startups:
Two of INcubes valued partners speak:
Coral CEA featured on XConnectTO talking about the Ontario Startup scene & Open Innovation
[IN]cubes INtake 01 is set to grad it’s 5 INternet Startups pioneering Silicon North. An INvestor Event that you don’t want to miss.
Launching fascinating web apps. Poised to disrupt markets. Extraordinary revenue potentials. Support Canada’s emerging tech economy, in the heart of the Canadian business district, at one of Canada’s most beautiful venues, the Royal Ontario Museum.
Tuesday • Feb 28 2012 • 1pm - 4pm1:00 [ INsider Networking & Appetizers ]
1:30 [ INcubes Startups • INvestor Presentations ]
[IN]tro by Ben Zlotnick CEO of [IN]cubes
[ The Pitch: Gossipz • Provocative Anonymous Community Apps ][IN]tro by Jay Goldman of Klick
[ The Pitch: 23press • Making Blog Management Easy For Humans ][IN]tro by Damien Steel of OMERS Ventures
[ The Pitch: Empower • Tools Tactics & Training for a profitable social media presence ][IN]tro by Gerard Buckley of Jaguar Capital & Maple Leaf Angels
[ The Pitch: Spidvid • Make Videos Together ][IN]tro by Saul Colt Head Of Magic At Freshbooks
[ The Pitch: 2.5 • We Juice Big Data ]2:30 [ Key Note • Bruce Croxon of Round 13 Capital and Dragon’s Den ]
2:40 [ Thank you from A. Traviss Corry INoffice Director of [IN]cubes ]
to 4pm[ Mingling INperson Q&A with the INcubated Founders ]
Make sure to RSVP to your Private INvite by clicking “attend event”
Or Request An INvite NOW
Please tell us who you are & why you’d like to attend.
This event is Certified Kosher • Invite Only • LIve Broadcast • Connect With Us At…
[IN]tensive Day 05 • [IN]take 01
Gerard Buckley's (Jaguar Capital) his weekly session brought us, Pros and Cons of Accessing VC too Early.