Deadline for the Fall Cohort for Boston, New York, and Silicon Valley June 28
Canadian Technology Accelerators (CTAs) in Boston, New York, and Silicon Valley are now accepting applications from Canadian tech startups looking to scale. Selected companies will gain access to the intensive support of industry experts and connections to potential clients, investors, and strategic partners in global technology hubs.
“In one day, we got access to more customer connections and investors than we could have ever achieved on our own,” said Vancouver-based entrepreneur and co-founder and CEO of Neurio Janice Cheam who participated in a 2015 cohort. “We met one of our investors through the CTA and developed an important contract with a major player in Silicon Valley.”
Often, when entering a new market, understanding the local business culture and investing in in-market experience can make all the difference.
“Sometimes it hard to know the value of something before you show up; it is about serendipity,” said Cheam. “Being part of the CTA brought opportunities and exposure that we would never have had otherwise.”
CTAs are designed to give entrepreneur-led businesses a head-start by providing expert support, office space, access to potential investors, and a soft landing into local tech communities.
“The CTA provided us with the some of the best mentors we’ve ever had,” said Kevin Chen, CEO of Hyasynth Biologicals Inc., a Montreal-based business. “Our experience there has set us on the right track towards building an incredibly valuable company in the short-term and long-term.”
Eligible companies must have a minimal viable product, evidence of maturity (including revenue, investment, and/or users); product-market fit; a reliable and experienced executive management team; and, demonstrate potential to scale with a well thought out go-to-market plan for the CTA market.