Halifax-based Volta, which supports startups with programming and workspace, is now accepting applications for its May 2020 cohort.
Early-stage technology startups based in Atlantic Canada can apply to Volta’s Cohort Pitch Event, which will be taking place at Pier 21 in Halifax on May 13.
Volta aims to address the lack of early-stage investment and resources available to Atlantic Canadian tech startups.
Volta noted that it will make up to five $25,000 investments to selected finalists at the pitch event. The investments will be provided through a micro-fund co-founded by Volta, Innovacorp, BDC Capital, and the Atlantic Canada Opportunities Agency (ACOA). The collaboration between these organizations helps to ensure that startup founders across the region have support from provincial, regional, and national organizations.
Launched in 2017, Volta aims to address the lack of early-stage investment and resources available to Atlantic Canadian tech startups. Its accelerator program has accepted 26 companies and awarded $625,000 in investments to date, according to Volta.
In addition to funding, companies accepted into Volta’s spring 2020 cohort are given workspace at Volta, programming, and access to a board of mentors comprised of CEOs and founders of Volta’s past and current companies. Each company has the opportunity to meet with board members every two months to receive peer support, advice, and ensure key milestones are met. Companies outside Halifax are given support through partner organizations from cities across Atlantic Canada.
Volta’s most recent cohort of 15 Atlantic Canadian early-stage tech startups was announced in November 2019. Companies interested in applying to Volta Cohort can learn more here. The deadline to apply is April 1.
Image courtesy Volta