First cohort announced for Accelerator Centre's Phase One program

Waterloo’s Accelerator Centre has announced the first cohort of its recently developed Phase One program.

Phase One launched earlier this month and it is the first of four phases in the Accelerator Centre’s two-year incubation program. The program, which focuses on market validation and investment readiness, will give its first cohort of companies the opportunity to learn from their peers, receive mentorship from experts, and access resources to help their companies grow.

“I’m very excited to welcome these new companies into this incredible new program,” said Paul Salvini, the CEO of the Accelerator Centre. “It was an extremely competitive process to select these companies from the wide spectrum of applications we received, but I am proud to have this group. We’re looking forward to helping them build and scale truly innovative global businesses. ”

Companies joining the first cohort of Phase One are developing products and services ranging from healthcare software to online marketplaces. The first cohort of Phase One includes:

Phase One will conclude with a presentation day, where companies will be able to pitch to a panel of experts and business leaders, who will select which companies can enter the second phase of the program. Companies that successfully enter Phase Two will automatically be considered for up to $40,000 in funding and mentorship through Accelerator Centre’s JumpStart Program.