Moncton, NB – August 5, 2014– East Coast startup accelerator Launch36 has opened applications for its fifth cohort of companies. So far, 32 companies have completed the 12-week program and it is expected that the next cohort will help Propel ICT exceed its goal of launching 36 companies in less than three years. The deadline for application is September 8, 2014.
There are some big changes ahead for the Launch36 format with news that Propel ICT will be collaborating with community partners to deliver programming at Volta and Planet Hatch. Each location will host a program track called Launch36 “Start” which will be 12-weeks in duration, provide mentorship and physical space. Workshop sessions will be in the evenings twice a week and will focus on helping founders pick the right co-founder and team; how to perform customer validation using lean startup methodologies and securing early-adopter customers.
“Volta will assist this program by providing meaningful mentorship and a physical space with a strong internal community,” states Milan Vrekic, Executive Director at Volta Labs.
“We are excited to take our programming to the next level by collaborating with Volta and Propel ICT to better serve and align resources for entrepreneurs and startups across Atlantic Canada,” said Planet Hatch Executive Director Sally Ng.
The Launch36 “Build” track format will be a bi-weekly cohort session held in Moncton, NB for later stage startups who are looking to shape a repeatable model for customer acquisition (sales), strengthening their startup team, and putting in place a framework for scale across people, process and systems. Only startups that are accepted into the Build track will be eligible for BDC’s $150,000 Convertible Note program.
“The collaborative nature of the program will allow us to focus on building scalable startups together,” said Propel ICT Executive Director Trevor MacAusland.
Propel ICT plans on adding more Launch36 community partners in the future as demand for the program grows. Companies interested in applying for the Start or Build tracks should visit http://launch36.ca.
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Website: Launch36.ca or propelict.com
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