Accelerator Centre Announces AC JumpStart Program Cohort 8
Waterloo, Ontario – The Accelerator Centre is pleased to announce Cohort 8 of the AC JumpStart program. These 24 companies will receive a critical injection of $30,000 in seed funding and $10,000 of professional mentorship under the Accelerator Centre’s world-class mentorship model.
With the inclusion of these 24 companies, the program has now supported 192 early stage start-ups through an $8M investment from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) and has resulted in 100 new products being brought to market, 562 full-time jobs, and over $1.6M in revenue.
“The Government of Canada is proud to support programs, such as AC JumpStart, that serve as an invaluable resource for our innovative, start-up companies. It is this kind of support that helps small- and medium-sized businesses scale up and bring great ideas to market faster, and that leads to the creation of good-paying local jobs. Congratulations to all of the successful companies under this new cohort! ”
– The Honourable Bardish Chagger, Minister of Small Business and Tourism and Member of Parliament for Waterloo
The AC JumpStart Cohort 8 recipients are:
Brink Bionics Inc.
Glove Systems Inc.
IVD Workforce Corp
Mirage VR Inc.
Mirsee Robotics Inc.
Mmsense Technologies Inc
Polygone Technologies Inc.
Quote Kong Ltd.
SannTek Labs Inc.
Technology Trace Inc.
Xenium Information Technology Corporation
AC JumpStart is delivered by the Accelerator Centre in partnership with Conestoga College, Laurier and the University of Waterloo.
About AC JumpStart
AC JumpStart is funded by FedDev Ontario and delivered in partnership with Conestoga College, Wilfrid Laurier University and the University of Waterloo.
The AC JumpStart program began in January 2015, with three cohorts of companies participating in the program in 2015, and two cohorts annually in subsequent years. Each cohort receives funding and mentorship over a 12-month period. Over the four year term, the program will support 180 companies.
About the Accelerator Centre
Our world-renowned, four phase accelerator program was developed based on our proven methods and best practices from accelerators and incubators around the world. The program, combined with our proven mentorship model, gives you the resources and guidance you need to grow all areas of your business, get your product to market faster, increase sales, and scale.
For more information visit www.acceleratorcentre.com.
About FedDev Ontario
FedDev Ontario delivers programs and services to help create, retain and grow businesses, cultivate partnerships and build strong communities. The Agency’s programming is designed to support a strong southern Ontario economy and position the region to compete globally.
For more information visit www.FedDevOntario.gc.ca.
For more information contact: