Innovacorp’s CleanTech Accelerate Program accepting applications

cleantech

Halifax’s Innovacorp, Nova Scotia’s early stage venture capital association, is accepting applications from Nova Scotia-based cleantech companies that are preparing for investment.

The CleanTech Accelerate Program (CTAP) will accept five companies — in verticals like bioresource and smart energy — in its fall 2016 cohort held between September and December. On top of receiving mentorship from Ecofuel East, an Atlantic affiliate of Montreal-based cleantech accelerator Ecofuel, CTAP companies receive $20,000 each to address key technical and business milestones. The companies also join thenextphase, a three-day (August 18-21) business acceleration workshop.

Eligible companies must be based in Nova Scotia, early stage with less than $1 million in sales, and a proof of concept.

Applications are open until August 5.