The Waterloo Accelerator Centre Successfully Launches 30 Tech Startups

Business unionAttendees of the official launch ceremony taking place March 10th celebrated the launch of a total of 30 technology startups from the Waterloo Accelerator Centre’s s month mentorship and business acceleration program aimed at assisting engineers and scientists commercialize new products and services.

Background: The Waterloo Accelerator Jump-Start Program

The Accelerator Team has recruited a number of the region’s best and brightest high tech mentors to participate in the program. With program participants having access to experts from the fields of sales, marketing, human resources, finance, and more; it’s like having on-demand access to an experienced management team. Additionally, in-house executive leadership from an “Executive-in-Residence” from Communitech’s Startup Services Group will bring additional CEO and CTO wisdom to clients of the program.

Waterloo Accelerator Centre Launch Features Pitches from Successful Program Graduates

Those who were in attendance of the Jump-Start program launch had the opportunity to hear from 7 graduates, including:

  • Milao Language
  • Kite
  • Deep Trekker
  • iNot4Profit
  • Wriber
  • TrendyMED
  • Plasticity

Funding Received through JumpStart Program

The JumpStart program offers technology startups $5K in mentorship from the Accelerator Centre’s team of in-house advisers, along with $25K in matching seed financing. The Waterloo Accelerator Centre’s JumpStart program was made possible through a $945K investment from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).

Learn more about Startup Funding Eligibility

Mentor Works typically does not focus on startups because there are limited government grants and incentives available for early-stage companies. As a startup, you should be focused on meeting or exceeding basic eligibility for these funding programs. This is why we provide a free Startup Funding Checklist that you can use to determine your eligibility and learn what you need to do before you can access funding.

Canadian Government Funding for Startups

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