Futurpreneur Canada and Propel ICT Partner to Support Early-Stage Entrepreneurs in Atlantic Canada

For immediate release Toronto, Canada – February 2, 2015 – Futurpreneur Canada and Propel ICT are pleased to announce that they have joined forces to provide financing and support to young entrepreneurs in Atlantic Canada.

Through this partnership, applicants who are accepted into the Propel ICT accelerator program may be eligible to receive up to $15,000 in start-up financing from Futurpreneur Canada, in addition to the extensive support and mentorship provided by Propel ICT’s program.

“Propel ICT is a natural partner for Futurpreneur Canada, as it attracts some of the most ambitious entrepreneurs in the region to its intensive accelerator program and we share the same goal of supporting early-stage entrepreneurs to launch successful businesses.” said Nicole Osmond, Atlantic Canada Regional Director, Futurpreneur Canada. “We look forward to working with Propel ICT and together supporting some of the brightest young entrepreneurs in Atlantic Canada.

“Futurpreneur Canada shares Propel ICT’s belief that a more entrepreneurial Canada is a stronger Canada, and this partnership will help us bring even more financing to the young entrepreneurs who are driving our economy,” said Gary Dinn, CEO, Propel ICT. “We are excited to work with Futurpreneur, together our extensive community partner network will offer the best business accelerator experience and founder support to Atlantic Canadian entrepreneurs”.

For more information on Futurpreneur Canada and Propel ICT, please visit www.futurpreneur.ca and http://propelict.com/

For media inquiries, please contact:

Meghan Paton Futurpreneur Canada 416-408-2923 x 2207 mpaton@futurpreneur.ca

Trevor MacAusland Propel ICT 506-877-1612 trevorm@propelict.com

About Futurpreneur Canada

Futurpreneur Canada (formerly the Canadian Youth Business Foundation, or CYBF) has been fueling the entrepreneurial passions of Canada’s young enterprise for nearly two decades. We are the only national, non-profit organization that provides financing, mentoring and support tools to aspiring business owners aged 18-39. Our internationally recognized mentoring program hand matches young entrepreneurs with a business expert from a network of more than 2,800 volunteer mentors. Futurpreneur Canada is a founding member of the G20 Young Entrepreneurs’ Alliance, the Canadian member of The Prince’s Youth Business International, and the Canadian host of Global Entrepreneurship Week. www.futurpreneur.ca. Facebook: Futurpreneur Twitter: @Futurpreneur

About Propel ICT

Propel ICT is a mentorship based accelerator – an organization that works with companies through its program to help them grow and expand their product offering. The Propel 2.0 accelerator (based on our Launch36 program) moves selected entrepreneurs to an investor-ready position by focusing on the development of founding teams, sound business models and multi-year financial and customer acquisition strategies. Start-ups looking to apply to the Propel ICT program should visit http://propelict.com/