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.