Investor Arlene Dickinson’s District Ventures Accelerator has announced the seven startups accepted into its program.
The early-stage companies span multiple categories across the consumer packaged goods industry, including tea, condiment, snack bar and beverage, and multicultural products.
“I’m really excited to work with these unique companies,” said Dickinson. “We selected them not just because of their products, but because of their huge potential to grow in their respective segments. They’re true entrepreneurs who have some amazing stories that I know Canadians will love to hear.”
Each company will receive a $150,000 investment from District Ventures Capital in exchange for a minority equity stake. The investment includes access to a five-month business development program to increase sales, distribution, brand equity, and ultimately their valuation through business strategy, mentorship, and marketing.
“I believe it’s more important than ever to support and export Canadian products, and we selected these companies, and invested in these companies because we believe they have the right ingredients to succeed,” said Dickinson. “I’m excited to work with them over the coming months as District Ventures helps them grow, increase their market share and ultimately become successful international brands.”
The companies include: