Two Ontario-based incubator programs have joined forces to create an invite-only startup showcase to investors next week called the Series 401 demo day.
Communitech, Waterloo Region’s hub for the commercialization of innovative technologies, and Toronto’s OneEleven, an incubation space backed by OMERS Ventures housed at 111 Richmond St (otherwise known as “the Google building”), are putting on the event on November 22.
Hyperdrive accelerator program’s Doug Cooper said for the startups it’s great when they can showcase their best talent regardless of which incubator or accelerator they went through. “It’s much more efficient for them, its much better for the companies because they’re getting a larger group of investors out and in the end its really about Canada having a place on the map for startups,” Cooper told BetaKit. “This is a step towards showcasing great Canadian tech startup talent.”
16 startups from the Toronto and Waterloo areas will pitch to a select list of investors. The primary objective is to get companies connected with investors, explained Cooper, and the secondary objective “is to put a face on great entrepreneurs who exist in the 401 corridor area.”
The 16 companies presenting include: