First cohort announced for Accelerator Centre’s Phase One program

Accelerator Centre

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:

    Green-tech chemical processing company Advanced Chemical Technologies
    Healthcare software company Aspire
    Online marketplace Backpacker College
    Collaboration software developers Care Connector
    Neuroscience platform DeepSubconscious
    Collaborative Marketing Technology iGotPro
    Hardware solution for trucking company Industrial Cyber Sensing
    Word of mouth marketing application InstaAppDeals
    Privacy-centric social platform LiiV
    Biomedical technology engineers MechanoSight
    Digital psychology resource centre PsyAlive
    Facial recognition software Vocord
    Ecommerce developers WEcord
    IT and integrated communications specialists Xenium

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.

Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.