Accelerator Centre launches Phase One program to help startups with market validation, investment readiness

Accelerator Centre

Waterloo’s Accelerator Centre, which offers a network of facilities dedicated to commercializing technology startups, has opened applications for its first-ever Phase One program.

Beginning in September, the intensive four-month program focuses on market validation and investment readiness. The Centre said that this is the first of four phases within its restructured two-year incubation platform, which is tailored to the unique needs of each company as they scale.

“I am very excited to launch this new program because it offers a truly unique combination of expert sessions and peer-to-peer learning, blended with the world-class mentorship the AC is known for,” said Paul Salvini, CEO of the Accelerator Centre. “The select ten companies we accept into Phase One will also have access to our newly developed Advisory Network; a group of incredibly talented advisors from industry.”

The first phase ends with Presentation Day, an open house event where companies present to a panel of experts and business leaders who determine which startups are ready to enter the second phase of the program. Companies successfully entering Phase Two are automatically considered for up to $40,000 in funding and mentorship through the AC JumpStart program.

The deadline to apply to the Accelerator Centre is September 9.

Jessica Galang

Jessica Galang

Freelance tech writer. Former BetaKit News Editor.