Atlantic Canada’s Startup Accelerator Confirms Strength of Region’s Technology Entrepreneurs; Welcomes New Team Members

SAINT JOHN, NB  December 1, 2016 – Propel ICT Inc., widely known as Atlantic Canada’s startup accelerator, hosted its most recent Demo Day on Nov 29, 2016 in Halifax.  This event marked the successful completion of training for the accelerator’s eighth cohort of technology entrepreneurs. 

“With more than 200 people in attendance and 11 companies pitching, there is strong evidence of the vibrancy of the Atlantic Canadian startup ecosystem,” said Anita Punamiya, CEO of Propel ICT.  “Events like Demo Day are possible because of our incredible network of funding partners, sponsors, community partners and the Propel ICT team, and a huge thank you goes out to each of them for their help supporting the growth of our startup ecosystem.”

Propel ICT also announced today the addition of two new team members – Richard Jones and Charlotte Rydlund – who will be joining the organization as Entrepreneurs in Residence starting in January 2017.  Richard Jones has more than 30 years experience in IT, engineering and entrepreneurship. Charlotte Rydlund brings 10 years of corporate experience, which she successfully leveraged in co-founding her technology startup, PACTA.  “We couldn't be happier to bring their experience and talent to the team,” said Punamiya.   

Applications for Propel ICT’s next Launch and Build Accelerator cohort opened on November 29, 2016 and will be open until January 13, 2017.  To apply please visit www.propelict.com/apply. The team at Propel ICT is looking forward to welcoming its next cohort of entrepreneurs to the Spring 2017 Accelerator.

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About Propel ICT

Propel ICT’s mission is to educate and mentor entrepreneurs with the goal of launching Atlantic Canada’s first billion dollar tech company.  Propel ICT delivers two accelerators, Launch and Build. Both are comprised of 12-week intensive programs, beginning with a call for applications and shortlisted for Selection Camp, which competitively chooses companies for entry into the accelerator.  Launch is a pre-revenue startup accelerator focused on helping companies validate, develop and launch their startup. Build is a startup accelerator program focused on early revenue startups who have progressed beyond the idea phase with initial market traction, and are developing the entrepreneurial skills required to grow the company.

Media information:  peter@propelict.com