Ready to Build the Next Great Startup Company?

--Deadline to Apply to Launch36 Startup Accelerator Program is February 28--

Moncton, New Brunswick—The deadline to apply to Propel ICT’s Launch36 technology startup accelerator program is coming up soon. Entrepreneurs who participate in the program connect with experienced mentors and gain valuable advice as well as introductions to major players and investors in the startup scene. The deadline for applications is February 28.

Launch36 is a 12-week program with six one-day “boot camp” sessions held in Moncton, New Brunswick.  Each participating startup is selected by a panel of entrepreneurs and investors based on the quality of the team, product opportunity and growth potential. The first boot camp will be held on March 26.

Launch36’s “Demo Day” – where participants pitch their companies to a room filled with hundreds of potential partners and investors – will be held in Halifax, Nova Scotia. The Launch36 program has also partnered with BDC Venture Capital, which will offer a $150,000 seed investment in venture-ready* companies upon completion of the program.

“Our program is tough and intense. It’s a powerful boost for startups that mean business. Launch36 entrepreneurs work closely with our highly engaged coaches as well as a network of over 70 advisors in finance, business planning, product design, marketing and other areas that are vital for startups to understand,” said Trevor MacAusland, Executive Director of Propel ICT. “Our alumni are building global companies from a base here on the East Coast. The next group can do the same.”

Over the past two years, 26 companies have graduated from Propel ICT’s Launch36 program, going on to create 100 jobs and raise $12 million in venture capital investment.

To take part in the Launch36 program, entrepreneurs should be an early-stage company with a technology focus and live in Eastern Canada. There is no age requirement. To find out more, or to apply to become part of Launch36 program, visit www.launch36.ca.

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For further information:

Trevor MacAusland

506.863.5905

trevorm@propelict.com

*What makes a startup “venture‐ready”?

A “venture‐ready” startup, as defined by BDC, has developed a solid product with significant early traction. Its leaders are capable entrepreneurs eager to build a market‐leading company. Other factors considered include the firm’s business model and investor/fundraising traction.