Prime Minister Justin Trudeau Announces Waterloo Region Scale Up Platform as Part of Ontario Wide Effort to Support Growing Startups

Accelerator Centre to Provide Advisory Services and Sector Specific Supports That Will Local Scaleup Companies Win Globally

Waterloo, Ontario – April 16, 2019 – Today, the Government of Canada, through FedDev Ontario, has announced it is investing $52.4 million in an Ontario wide scaleup platform.

As part of the investment, Waterloo Region will receive $18 million in funding to be shared between project partners Communitech, the Accelerator Centre, Velocity, and Wilfrid Laurier University’s Launchpad with the goal of creating at least 30 startup companies with annual revenues of at least $100M by 2024. Locally, the partners will support companies as they create 6,000 new jobs, generate $2B in new revenues, and attract more than $750M in new investment capital.

“When it comes to innovation, Canada is home to countless success stories. We have all the right ingredients to lead the future, a future where tech and innovations are engines of prosperity.  

Where we have traditionally faced a challenge in Canada, is companies scaling up from $5 million to $100 million dollars. We know, talking to many entrepreneurs and startups leaders, that they would love to scale up and stay in Canada; they don’t want to have to sell out to global investors and Silicon Valley. We recognize the benefits of them scaling up at home are enormous…we want to help them grow into the global platforms we know that can be.” – The Right Honourable Justin Trudeau, Prime Minister of Canada

The Accelerator Centre will utilize funding to focus on two key areas:

  1. Providing intensive, milestone based programming and one-to-one mentorship to high potential companies through their award-winning accelerator program; building a strong pipeline of scale-ready firms and keeping top talent and IP here in Waterloo Region.
  2. Operating specialized programming, facilities and support services to scaling firms working in cleantech, hardware, IoT and advanced manufacturing.

The Accelerator Centre has a long track record of successfully supporting scaling firms. Over the its 13-year history, over 200 companies have completed Accelerator Centre programming. These companies, including rapidly scaling tech powerhouses like Kik, Miovision, Axonify, TopHat, eleven-x and SSIMWAVE, are exemplary of the Accelerator Centre’s motto: Built to Scale and represent the kind of companies the new scale up project hopes to create.

“With the funding provided by through FedDev Ontario, the Accelerator Centre will continue to do what we do best; leverage our experience and award-winning program to help startup companies grow and scale quickly.

In order to be truly successful and win globally, these high potential companies need intensive learning opportunities, meaningful mentorship, and one-to-one support. The Accelerator Program is unique in that it provides these supports in a structured model that has been proven to give startup companies the highest probability of long-term success.

We are excited to be working as a partner in the Waterloo scaleup project as we work together to achieve the goal of creating at least 30 new $100M startup companies by 2024.” –  Dr. Paul Salvini, CEO, Accelerator Centre

For more information contact:
Tabatha Laverty
Manager, Marketing and Communications
tlaverty@acceleratorcentre.com

 

We’re Hiring: Manager, Marketing and Communications (14 Month Contract)

JOB DESCRIPTION – Manager, Marketing and Communications

The Accelerator Centre requires an energetic, outcome-driven marketing professional to fill an exciting 14- month maternity leave contract in our fast-paced and dynamic entrepreneurial workspace. The ideal candidate must be digitally-savvy and a top-notch people-person, incorporating online tools and in-person networking to create relationships and build out the brand, online and off.

Reporting to the VP, Strategy and External Relations, the Manager, Marketing and Communications is responsible for all marketing efforts, communications, PR, social media, public events and content creation. This position will play a critical role in ensuring our external messaging and communications celebrate our success and raise our profile. Responsibilities include online/social/website updates, marketing & online budget management, event management and general business development. As the first point of contact this position will be involved in setting culture and engaging the ecosystem in a meaningful and impactful way.

Estimated Start Date: June 15, 2019
Salary Range: $52,000-$65,000

KEY RESPONSIBILITIES

  • Brand: manage the AC brand and visual identity across all channels; including ensuring consistency in key messages and creating marketing materials
  • Content creation: writing blog posts, articles, newsletters, communications materials, and other material for social media channels
  • Internal Communications: develop internal communications; including Board Dashboards to ensure frequent and adequate communication across all partners and stakeholders. In addition, responsible for Accelerator Centre’s Slack account administration
  • Social media: creating, managing and growing the company’s presence through blogs, Twitter, Facebook, LinkedIn and other strategically relevant online properties
  • Digital marketing: manage the AC’s digital marketing strategy with the aim of driving program applications through SEO and PPC advertising
  • Public relations: managing incoming media requests and building relationships with industry journalists; creating, executing and measuring media campaigns
  • Events and event planning: executing the AC events strategy, attending industry events in the KW Region (often outside of 9-5 hours) all to support raising the AC Profile
  • Corporate Sponsorship: support the VP, Strategy and External Relations in the execution of the corporate sponsorship strategy; ensuring community-related deliverables are completed
  • Metrics: work with the Manager, Programs and Client Experience to maintain the data collection process for client and program performance
  • Budgets: creating and maintaining budgets & vendor relationships with designers and service providers
  • Tours: Receiving, delegating and providing tours of facility to prospective clients, guests and industry partners
  • Be the Chief Everything Officer (CEO), find opportunity in every task and support the company and team

DESIRED SKILLS & EXPERIENCE

  • Post-secondary education in PR/communications, event management or related discipline (or equivalent experience)
  • Demonstrated experience implementing and measuring digital marketing campaigns
  • Conducts business in a professional manner at all times, leading by example with a positive team attitude in all aspects
  • Extroverted and outgoing with exceptional verbal and written communication skills
  • Assertive, confident and thrives under pressure
  • Excellent organizational, trouble-shooting, and interpersonal skills
  • A tactical, self-starter that can work under minimal supervision and navigate multiple relationships & audiences
  • “G” driver’s license and regular access to a vehicle
  • Must be comfortable and proficient preforming all job functions on a PC
  • Web development and graphic design skills are considered a strong asset

HOW TO APPLY

Please submit your resume and cover letter to careers@acceleratorcentre.com by April 26, 2019 at 5pm. We thank all interested candidates for their applications, however, only those selected for an interview will be contacted.

COMMITMENT TO DIVERSITY AND INCLUSION

The Accelerator Centre is committed to fostering a diverse community that is dedicated to supporting entrepreneurs from all backgrounds.

A full range of perspectives, lifestyles, and passions are key to creating the inclusive, entrepreneurial environment that is necessary to help our clients build and scale globally competitive companies. Diversity and inclusion at the Accelerator Centre means we are dedicated to the elimination of discrimination, in all its forms, at all levels of our organization and in our programming.

We welcome applications from qualified candidates of all backgrounds regardless of age, physical ability, gender, race, religion, and sexual orientation. We will provide any requested accommodation to candidates with disabilities throughout the recruitment process. If you require assistance, please contact careers@acceleratorcentre.com noting the job title in the subject line of the email.

We’re Hiring: Manager, Operations and Administration

JOB DESCRIPTION – Manager, Operations and Administration

Salary Range: $52,000-$65,000

The Accelerator Centre requires an organized administrative and operational professional to fill an exciting position in a fast paced and dynamic entrepreneurial workspace. The ideal candidate must have a critical eye, excellent communication skills, be a master of multi-tasking and take on projects and initiatives without much guidance.

Reporting to the CEO, the Manager, Operations and Administration provides executive support our to CEO, VP and Board of Directors. This role is also responsible for overall management of our facilities, recruitment procedures and all administration within the organization. This position plays a critical role in our Board of Governance procedures.

KEY RESPONSIBILITIES 

  • Provides administrative & executive support to the CEO and VP including:
    • Coordination of travel arrangements
    • Calendar maintenance including the triage of appointment requests
    • Preparation of materials/agendas where necessary
  • Supports our Board of Directors and governance procedures including:
    • Maintaining the confidentiality and integrity of our governance procedures
    • Liaise with the Board of Directors & Committee Chairs as required for the management and preparation of meeting schedules, agendas and presentations
    • Manage RSVP/quorum tracking
    • Attend all Board and Committee meetings for minute transcription & dissemination
    • Maintain & update AC governance documents and presentations, by-laws and Board distribution lists and provide ongoing support for the Board and Committee chairs
  • Overall responsibility for the management of all AC facilities including:
    • Managing facility related budgets
    • Establishing vendor relationships including coordinating IT service with external partners
    • Working with the Manager, Programs and Client Experience and Guest and Facilities Coordinator for planning and executing client movements across our facilities and oversight of agreements with community clients
    • Providing backup support for the front desk and after-hours facility emergencies
  • Management of the Guest and Facilities Coordinator and that position’s role in maintaining our 3 facilities as well as the policies and procedures related to those facilities and our reception desk
  • Assisting with the recruitment process for new hires including updating job descriptions, arranging interviews, other administrative functions relating to recruitment.
  • Contact and Records Management including management of all internal and external contact lists (using Active Campaign and other software) and organize and manage how information is stored at the AC (via the internal shared drive and cloud-based storage)
  • Assists the VP with ongoing strategic or external projects and initiatives as required.
  • Be the Chief Everything Officer (CEO), find opportunity in every task and support the company and team

DESIRED SKILLS & EXPERIENCE 

  • Post-secondary education in administration, operations, related discipline or equivalent experience.
  • Demonstrated experience supporting senior leadership teams; including Boards of Directors
  • Conducts business in a professional, detail-oriented manner at all times, leading by example with a positive team attitude in all aspects
  • Strong commitment to providing exceptional customer experiences for clients, visitors and industry partners
  • Clear verbal and written communication skills
  • Assertive, confident and thrives under pressure
  • Excellent organizational, trouble-shooting, and interpersonal skills
  • A self-starter that can work under minimal supervision

HOW TO APPLY

Please submit your resume and cover letter to careers@acceleratorcentre.com by February 18, 2019 at NOON. We thank all interested candidates for their applications, however, only those selected for an interview will be contacted.

COMMITMENT TO DIVERSITY AND INCLUSION
The Accelerator Centre is committed to fostering a diverse community that is dedicated to supporting entrepreneurs from all backgrounds.

A full range of perspectives, lifestyles, and passions are key to creating the inclusive, entrepreneurial environment that is necessary to help our clients build and scale globally competitive companies. Diversity and inclusion at the Accelerator Centre means we are dedicated to the elimination of discrimination, in all its forms, at all levels of our organization and in our programming.

We welcome applications from qualified candidates of all backgrounds regardless of age, physical ability, gender, race, religion, and sexual orientation. We will provide any requested accommodation to candidates with disabilities throughout the recruitment process. If you require assistance, please contact careers@acceleratorcentre.com noting the job title in the subject line of the email.

We’re Hiring! Manager, Programs and Client Experience

The Accelerator Centre is looking for an experienced professional with experience managing people and executing complex programs to join our team as a Program and Client Experience Manager. This role puts you at the forefront of the tech ecosystem, executing programming and working directly with our portfolio of high potential startup companies.

Reporting to the Director, Client Programs and Initiatives, the Manager, Programs and Client Experience plays a critical role in delivering our award-winning programming. The ideal candidate is someone who has experience managing teams, programs, is organized and detailed oriented, and dedicated to ensuring an excellent client experience.

KEY RESPONSIBILITIES

  • Responsible for the day-to-day management of our client experience team and client contract process. Management of client experience team includes setting accountabilities for deliverables and providing, guidance and mentorship.
  • Management of the delivery and progress tracking of all AC programming working with our client experience coordinators (CECs), mentors, clients, graduates and academic partners.
    • Working with mentors and managing CECs to ensure program results and targets are met, including but not limited to: intake, coordination around onboarding, structure (meetings/milestones/updates from CECs), budget, and ensuring client reporting is complete. In addition: ensuring that resources (maker spaces, for example) for program delivery are maintained/available for client use.
  • Conduct client intake interviews with our staff and review panel with a focus on fostering diversity and inclusivity in our client base.
  • Manage client engagement across our in-house programs, including assisting in setting client program milestones, having a fulsome view of client progress and communicating required action items with the CEC team and mentor group.
  • Provide feedback and program suggestions to the Director, Client Programs and Initiatives.
  • Ensuring timely collection, aggregation and analysis of client and program metrics via Hockeystick in order to monitor key portfolio outcomes.
  • Completing required government and internal reporting of client and program performance metrics.
  • Overall responsibility for ensuring that communication regarding client and program status is consistent across our team and stakeholder groups including working with the Manager of Operations and Administration and Manager, Marketing and Communications to develop a program/operations communication strategy and contributing to our Board reporting package.
  • Representing the AC alongside other staff members at tech events across the region and abroad:
    • Network with existing and potential start-up clients/partners and be able to articulate and promote the AC’s suite of offerings.
    • Provide pitch judging and event support to an array of partners.
    • Understand the role of sales and the importance of building a quality client pipeline.
    • Be comfortable presenting client programs to tour groups and stakeholders.
  • Assist CECs with day to day facility and IT operations and the Manager, Operations and Administration including:
    • Assisting with the movement of clients with AC facilities ensuring there is adequate furniture, storage, security access cards, parking permits, etc.
    • Address emergency IT issues
    • Assist CEC with after hour emergency alarm calls
  • Share responsibilities with the Manager, Operations and Administration on current and future client space planning for all AC facilities
  • Be the Chief Everything Officer (CEO), find opportunity in every task and support the company and team.

DESIRED SKILLS & EXPERIENCE

  • A university degree in business, technology a related discipline or equivalent experience executing complex programs
  • Demonstrated experience in client-facing roles, managing a team and implementing programming
  • Detail and process oriented
  • Comfortable managing multiple projects and competing priorities
  • Strong leadership and decision-making skills
  • Demonstrated clear and concise written and verbal communication skills
  • “G” drivers license and regular access to a vehicle
  • Experience in sales, sales pipeline management, and CRM systems are assets

HOW TO APPLY

Please submit your resume and cover letter to careers@acceleratorcentre.com by January 4, 2019 at 5pm. We thank all interested candidates for their applications, however, only those selected for an interview will be contacted.

COMMITMENT TO DIVERSITY AND INCLUSION
The Accelerator Centre is committed to fostering a diverse community that is dedicated to supporting entrepreneurs from all backgrounds.

A full range of perspectives, lifestyles, and passions are key to creating the inclusive, entrepreneurial environment that is necessary to help our clients build and scale globally competitive companies. Diversity and inclusion at the Accelerator Centre means we are dedicated to the elimination of discrimination, in all its forms, at all levels of our organization and in our programming.

We welcome applications from qualified candidates of all backgrounds regardless of age, physical ability, gender, race, religion, and sexual orientation. We will provide any requested accommodation to candidates with disabilities throughout the recruitment process. If you require assistance, please contact careers@acceleratorcentre.com noting the job title in the subject line of the email.

Accelerator Centre Announces Graduation of Expeflow and Rapid Novor from The Accelerator Program

Waterloo (Ontario), CANADA, December 6, 2018 – The Accelerator Centre (AC) is pleased to announce its newest graduates of The Accelerator Program™. The graduation of Expeflow and Rapid Novor marks the 6oth and 61st successful graduation from the AC’s world-renowned program.

“Our mission at the AC is to help technology startups build globally successful, high impact companies,” say CEO, Paul Salvini. “And the evidence shows that we do that exceptionally well. From being ranked among the top accelerators in the world earlier this year to our recognition as the top incubator in Canada by the Digital Finance Institute, the world is taking notice of the work we do here and of the success of the companies that participate in our programming.

The graduation of Expeflow and Rapid Novor is tangible evidence of the talent and potential that is here in Waterloo and a clear demonstration of the kind of passion and dedication required to grow and scale a successful startup. We are incredibly proud to count these two companies as graduates and look forward to continuing to support them through our post graduate program as they scale and see global success.”

Expeflow

For insurers who are looking to better compete, provide effective and efficient insurance and stop leakage related to claims management inefficiencies, EXPEFLOW is a Cloud-based, secure, centrally administered claims management platform for medical and healthcare claims that streamlines processes, increases team collaboration, elevates compliance and provides business intelligence and analytics not previously available.

Rapid Novor

Rapid Novor Inc is the world’s leader in antibody protein sequencing technology. Specializing in the field of mass spectrometry-based proteomics, the team has developed the technology to directly sequence the antibody proteins without needs to access the cell line.

As a University of Waterloo spin-off, the company is building its technology portfolios based on the twenty years of scientific research and inventions from Dr. Bin Ma, co-founder and chief scientist. The company’s REmAb™ antibody protein sequencing service has allowed the accurate sequencing of any given antibody proteins routinely. The company’s WILD™ service is the first commercially available service that can accurately distinguish the isomeric Isoleucine and Leucine using mass spectrometry.

 

For further information, please contact:

Tabatha Laverty
Marketing and Community Manager
Accelerator Centre
tlaverty@acceleartorcentre.com

The Accelerator Centre Announces Continuation of the AC JumpStart Program into 2021 with $5.5M in Funding from FedDev Ontario

Waterloo (Ontario), CANADA, November 30, 2018 – The Accelerator Centre (AC) is pleased to announce the continuation of the AC JumpStart Program through a $5.5-million contribution from FedDev Ontario.

The AC JumpStart program, which is operated in partnership with FedDev Ontario, the University of Waterloo, Wilfrid Laurier University and Conestoga College, was launched in January 2015 with the objective of providing funding grants to startups across southwestern Ontario. The program provides $30,000 in seed capital and professional, one-to-one mentorship in sales, marketing, human resources, technology, and product development, as well as access to market research and connections to additional investors.

The program fills a critical role in the local startup ecosystem, providing the early-stage capital that is required in order to get innovative ideas off the ground. Now in its fourth year, the program has supported 194 startup companies utilizing almost 8,000 professional mentorship hours. Together, these companies have brought hundreds of new products to markets and created more than 500 full-time jobs in the region.

The renewed funding from FedDev Ontario will allow the Accelerator Centre to support an additional 126 companies through four cohorts, seeing it run to the end of 2021.

Applications for Cohort 9 of the program are open until January 7, 2019, with the recipients starting the program in February 2019.

“The Government of Canada is proud to support Canada’s innovators, helping them succeed on a global scale. This continued investment in the AC JumpStart program from FedDev Ontario will allow more early-stage technology companies to thrive, which strengthens the innovation ecosystem in southern Ontario and creates highly-skilled jobs for Canadians.”

  • The Honourable Navdeep Bains, Minister of Science, Innovation and Economic Development and Minister responsible for FedDev Ontario

“The AC JumpStart Program is an essential source of capital for startup companies in this community. We are pleased to continue to partner with FedDev Ontario and our local academic institutions to provide both the funding and the mentorship that make the program so impactful. We are incredibly proud of the success and impact that the first 8 cohorts of AC JumpStart have made in the community and we are looking forward to supporting an addition 126 startups over the next two years.

  • Dr. Paul Salvini, CEO, Accelerator Centre

Quotes from AC JumpStart Recipients

“What we do requires a specialized skill around deep analysis of data. AC JumpStart enabled us to bring in key personnel offering unique value to our customers. It really helped accelerate our focus. One of the biggest benefits coming out of the AC is the mentor guidance it provides. Mentors give you that real feedback that most people don’t have the heart to tell you. They understand business. That sincere perspective is what makes the AC different from other incubator spaces out there.” – Charles Chung, CEO, Brisk Synergies

“The AC JumpStart program has helped our business tremendously. The funding helped us assemble our first order of inventory and fuel marketing and awareness efforts. However, the coaching from the AC’s incredible mentors has provided us with the most benefit. The Accelerator Centre community is warm, supportive, and full of entrepreneurial spirit and it is fair to say that we wouldn’t be where we are today without the program and the mentors’ amazing support.” – Emily Rudow, CEO, Oneiric

“AC JumpStart is a great program and it was super valuable to have access to mentors. The program gave us the time to prototype and build a business model that works. Because of the AC JumpStart funding, we were able to really research and understand the market and hire our first employees to build out our product and sales. I can confidently say we wouldn’t be here at all without AC JumpStart. – Jeremy Hedges, CEO, InkSmith

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

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) delivers funding and services to help create, retain and grow businesses, cultivate partnerships and build strong communities. The Agency is helping to support a strong southern Ontario economy and position the region to compete globally.

For more information, visit www.FedDevOntario.gc.ca.

For further information, please contact:

Tabatha Laverty
Manager, Marketing and Communications
tlaverty@acceleartorcentre.com

Accelerator Centre wins 2018 Canadian FinTech & AI Accelerator of the Year Award

Waterloo, ON – November 27, 2018 – The Accelerator Centre has been named Accelerator of the Year by the Digital Finance Institute at the 2018 Canadian FinTech & AI Awards.

The award recognizes the accelerator or incubator that has demonstrated success in helping FinTech or AI startups to launch their businesses and develop technology, or work with others in the sector to develop the most impactful innovative products or services. The award also highlights the importance of incubators and accelerators in fostering ecosystem support or other forms of support that advance innovation.

“We are incredibly proud to accept the Accelerator of the Year Award at this year’s Canadian FinTech & AI Awards,“ says Accelerator Centre CEO, Paul Salvini. “Each year, we work with an average of 100 new startups and approximately half of those companies are currently working with AI technologies or are innovating in FinTech; it is an exciting space that is going to continue to grow and change the world around us.”

In addition to working with AI and Fintech startups in Kitchener-Waterloo, the Accelerator Centre is expanding its impact by partnering with other innovation hubs across Canada, including the University of Guelph and Invest Ottawa, to create new programming options for entrepreneurs in those regions that leverage the AC’s award-winning program model.

“Our goal in licensing The Accelerator Program™ is to share best practices and our program model with innovation hubs across Canada so that our programming can create and support even more innovative companies in AI and FinTech and other emerging sectors across Canada,” says Salvini. “Our goal is to drive innovation and economic growth across the country.”

In 12 years of operation, the AC has worked with over 500 startup companies that have raised over $560M of investment and created over 3,000 full time jobs in the region. Their portfolio of graduate companies, including Kik, Miovision, Axonify, SSIMWAVE, FindBob Inc, Magnet Forensics, Clearpath Robotics, and eleven-x are the best-of-the-best in the local innovation ecosystem and represent over $3B in corporate value.

“We are grateful for this recognition of our programming and of the success of our client companies,” says Salvini. “We are looking forward to continuing to support and connect entrepreneurs to the product development, mentorship, and funding opportunities they need to be successful and contributing to making Canada a world leader in AI and FinTech innovation.

For further information, please contact:

Tabatha Laverty
Manager, Marketing and Communications
tlaverty@acceleratorcentre.com

Announcement: Accelerator Centre Opens Cohort 9 of the AC JumpStart Program

Waterloo (Ontario), CANADA, October 31, 2018 – The Accelerator Centre (AC) is pleased to announce that Cohort 9 of the AC JumpStart Program is now open. Applications can now be submitted.

The AC JumpStart program, which is operated in partnership with the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), the University of Waterloo, Wilfrid Laurier University, and Conestoga College, was launched in January 2015 with the objective of providing funding grants to start ups across southwestern Ontario. The program provides $30,000 in seed capital, and gives professional, one-to-one mentorship in sales, marketing, human resources, technology, and product development as well as access to market research and connections to additional investors.

The application can be found at www.acceleratorcentre.com/acjumpstart/ and will be open from October 31, 2018, until December 7, 2018, with the recipients starting the program in January 2019.

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 further information, please contact:

Tabatha Laverty
Manager, Marketing and Communications
tlaverty@acceleartorcentre.com

The Cowan Foundation Makes Donation to the Accelerator Centre to Support Clean Tech Innovation

Waterloo, October 16, 2018 – The Cowan Foundation and The Accelerator Centre are pleased to announce a collaboration to support clean tech innovation. The collaboration will see The Cowan Foundation make a $50,000 donation to the construction of the Accelerator Centre’s clean tech accelerator facility, recently named the TD Sustainable Future Lab (the Lab).

The Lab and adjacent community hub, evolvGREEN, will be located in evolv1, the first-ever Zero Carbon Building – Design certified project by the Canada Green Building Council and will include research activities, academic programming and the startup accelerator.

The Accelerator Centre has a strong history of supporting high growth technology companies and has worked with more than 500 startups throughout its 12-year history. Graduates of The Accelerator Program™ include Canadian success stories Kik Interactive, Mioivsion, Axonify, Alert Labs and SSIMWAVE. The Accelerator Centre has already started to apply its award-winning program model to the cleantech startups through a pilot program supported by the Ontario Trillium Fund and will move this programing into the new facility in December 2018.

“We were very intrigued when we heard about the evolv1 building and the Accelerator Centre’s clean tech initiative”, said Terry Reidel, Executive Director, The Cowan Foundation. “It is clear that this innovative space for new clean tech companies will be instrumental in driving innovation, research and collaboration. Our Foundation believes these concepts are also important in our philanthropic endeavours, therefore we are proud to support the completion of the Lab’s interior space, where entrepreneurs will be provided with the tools to learn, grow and become the next leaders in driving a clean and environmentally sustainable economy.”

Canadians are passionate about improving sustainability.” says Paul Salvini, CEO, Accelerator Centre. “We are excited to have the opportunity to work with organizations like The Cowan Foundation and to pull the community together in support of the entrepreneurs who are the future of our low-carbon economy. The Lab is a bold initiative and we are grateful for The Cowan Foundation’s support in making this ambitious community vision a reality.”

About the Accelerator Centre

The Accelerator Centre is an award-winning startup accelerator dedicated to building and scaling sustainable, globally competitive companies and giving startups the highest probability of long-term success. In 2018, they were ranked the #4 Accelerator Program in the world due, in part, to a reputation for meaningful, one-to-one mentorship and helping entrepreneurs go from the idea stage to high-growth enterprises. In their 12-year history, the Accelerator Centre has worked with over 500 startups, those companies have created over 3,000 full time jobs and brought over $600M in investment into the region. For more information or to apply to the program visit our website www.acceleratorcentre.com.

About The Cowan Foundation
The Cowan Foundation was started in 1995 in honour of Frank Cowan, the founder of Frank Cowan Company and Cowan Insurance Group. The Foundation is sustained by the ongoing success of the Princeton Holdings group of companies including Cowan Insurance Group, Frank Cowan Company, The Guarantee Company of North America, Cowan Asset Management and Fountain Street Finance. Together they provide insurance and risk management products and services for individuals, businesses, organizations and public entities, as well as assisting employers with their group benefits, retirement and health and disability management plans. The goal of The Cowan Foundation is to make a positive difference in the lives of Canadians and the broader well-being of our communities. For more information, please visit www.cowanfoundation.ca.

For more information contact:

Tabatha Laverty
Manager, Marketing and Communications
Accelerator Centre
tlaverty@acceleratorcentre.com

TD Announces $1M Contribution to The Accelerator Centre for Clean Tech Innovation

TD and The Accelerator Centre to Launch Clean Tech Accelerator, TD Sustainable Future Lab, in Waterloo to advance clean economy

TORONTO, October 11, 2018 –  TD Bank Group (TD) announced today, through The Ready Commitment, the bank’s new corporate citizenship platform, a $1 million contribution towards the development of the TD Sustainable Future Lab at the Accelerator Centre in Waterloo.

The Lab is the region’s first cleantech accelerator and will be the centerpiece of a new cleantech community hub known as evolvGREEN. The project will offer support and mentorship to startups that are working to develop sustainable solutions that drive the economy and foster a culture of sustainability.

The Accelerator Centre has a strong history of supporting high growth technology companies and has worked with more than 500 startups throughout its 12-year history. Graduates of The Accelerator Program™ include Canadian success stories Kik Interactive, Miovision, Axonify, Alert Labs and SSIMWAVE. The Accelerator Centre has already started to apply its award-winning program model to the cleantech startups through a pilot program supported by the Ontario Trillium Fund and will move this programming into the TD Sustainable Future Lab in December 2018.

“We’ve had a front row seat to Canadian innovation and the passion that so many entrepreneurs have for solutions for a cleaner economy,” says Paul Salvini, CEO, Accelerator Centre. “The launch of the TD Sustainable Future Lab and evolvGREEN will give organizations from across the region come together to create a hub that will drive growth and amplify the impact we can make in the clean economy.

Expanding Investment in the Waterloo Region

The TD Sustainable Future Lab builds on TD’s other investments in the Waterloo-region innovation ecosystem all of which are aligned to the TD innovation philosophy to explore and develop solutions that help to create exceptional customer and employee experiences.

“The global transition to a low-carbon economy is an opportunity for Canada, and this important contribution builds on our history of environmental leadership to advance a sustainable and inclusive tomorrow,” says Nicole Vadori, TD’s Head of Environment. “The Waterloo region has a rich history of innovation and nurturing the development of leading global technology companies and leaders. We believe our focus on cleantech will position homegrown cleantech companies to compete and win in the global market while at the same time help to build the low carbon infrastructure needed to move Canada’s economy forward.”

The TD Sustainable Future Lab will have a goal of supporting 40 cleantech startups over the next five years and will officially open its doors in December 2018.

The Ready Commitment

In March 2018, TD launched a new corporate citizenship platform, The Ready Commitment, to help build a more inclusive and sustainable tomorrow. Under this multi-year initiative, TD seeks to connect its business and employees, and its philanthropic contributions, towards helping people feel more confident to participate and succeed in a changing world. The Ready Commitment includes a target of $100 billion in low-carbon lending, financing, asset management and other programs by 2030, which is intended to help accelerate the development of a low-carbon economy, including renewable and clean energy technologies, businesses and processes. TD was among the first in the banking industry to devote significant resources to help fund proactive climate change solutions.

About the Accelerator Centre

The Accelerator Centre is an award-winning startup accelerator dedicated to building and scaling sustainable, globally competitive companies and giving startups the highest probability of long-term success. In 2018, they were ranked the #4 Accelerator Program in the world due, in part, to a reputation for meaningful, one-to-one mentorship and helping entrepreneurs go from the idea stage to high-growth enterprises. In their 12-year history, the Accelerator Centre has worked with over 500 startups, those companies have created over 3,000 full time jobs and brought over $600M in investment into the region. To learn more or apply to the program, visit www.acceleratorcentre.com

About TD Bank Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD” or the “Bank”). TD is the sixth largest bank in North America by branches and serves more than 25 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America’s Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world’s leading online financial services firms, with approximately 12 million active online and mobile customers. TD had CDN$1.3 trillion in assets on July 31, 2018. The Toronto-Dominion Bank trades under the symbol “TD” on the Toronto and New York Stock Exchanges.

For further information or Media Inquiries:

Tabatha Laverty
Manager, Marketing and Communications
Accelerator Centre
519-497-7784
tlaverty@acceleratorcentre.com

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