Regina-based Conexus Credit Union has launched its new business incubator brand, Cultivator, and its beta programming, which will draw together a cohort of companies to test its GROW program.
Cultivator will be Regina’s and Canada’s first credit union-led business incubator, and helps address the gaps and barriers in Saskatchewan’s entrepreneurial ecosystem. The 10 SaaS startups joining the incubator’s GROW program include:
Service Box (Regina, SK)
Krugo (Regina, SK)
Offstreet (Regina, SK)
Brew Ninja (Regina, SK)
Carma (Regina, SK)
Deliverr (Regina, SK)
MyComply (Saskatoon, SK)
Solus Guard (ORA) (Saskatoon, SK)
Echolotto (Regina, SK)
Lumeca (Regina, SK)
“Saskatchewan’s entrepreneurial ecosystem is flourishing and it’s an exciting time for entrepreneurs in our province,” said Conexus’ business incubator manager, Jordan McFarlen. “Cultivator will allow local startups to launch, grow and scale their company right here in Saskatchewan. No longer will entrepreneurs have to take their ideas elsewhere.”
Related: Saskatchewan government providing up to 45 percent tax credit for startup investment
Over the next six months, the cohort will be able to trial mentors, lecturers, workshops, and resources. The company said the incubator is being treated similar to its very own startup, by “learning and growing along the way.” The program will be adjusted based on feedback provided by the startups in the cohort, helping Cultivator ensure the programming it offers in the future contributes to the success of the startups working to launch and scale their companies, the company said.
“Cultivator will provide us the different resources and mentors we need to help us take our company to the next level,” said Shea Martin, CEO of Brew Ninja. “We couldn’t be happier to have been chosen as part of this beta cohort and are excited to help kick-start this programming that will not only help us as a company but future startups as well.”
Image courtesy Conexus Credit Union.