In the last ten years, Propel ICT has helped some 75 companies take their idea to the next level.
We're proud of the role we've played in helping entrepreneurs from around the region tap into their market and become better at doing what they love. And while it might seem like there’s some kind of magic happening in the East Coast startup scene, the truth is there’s a lot of hard working people behind that magic.
For founders in the early days of business, our Launch program could be for you. Launch participants attend the program onsite at one of our three community partners—Planet Hatch in Fredericton, Volta in Halifax, or Common Ground and StartupNL in St. John’s.
Successful applicants to Propel gain invaluable insight that will stay with them long past the program’s duration. Founders learn how to guide their business through some of the most crucial and difficult early challenges, including developing a profitable business model, defining and building a minimum viable product (MVP), and building compelling offers using demos and rapid prototyping.
Video lessons, webinar Q&As with mentors, personalized coaching sessions and fireside chats are all part of the program. At the end of their time in Launch, our graduates are eligible to apply for a $15,000 Futurepreneur loan.
Build is our program for later-stage startups—those that have entered the revenue generation phase and established some initial market traction. Held over multiple locations throughout Atlantic Canada, sessions run bi-weekly for two full days at a time.
Internally, Build helps entrepreneurs develop a smart strategy for growing their business and strengthening their team. Externally, the program coaches participants on marketing and selling for international audiences. Establishing the best product to market fit, creating a framework to scale your people, processes and systems, and learning to become data informed rather than data driven are other critical issues that Build helps founders navigate. Build alumni are eligible to apply for BDC’s $150,000 convertible note program.
“Taking part in the Propel ICT program accelerated everything we were doing as a company,” says Adrian Bentley, cofounder of Halifax-based Analyze Re. “The hands-on membership helped us better understand how to build our business and reach our market with our product.” Following the program, Analyze Re went on to receive about $1.4 million in funding from venture capital funds and angel investors.
If you think you’re ready to take your business to the next level, apply for one of our programs before the 5pm deadline on May 1, 2015.