November 5, 2020
Today Propel is excited to announce its transition to continuous intake, where startups can begin the accelerator program at a time when they need it most instead of waiting for the next cohort based intake.
Propel is constantly striving to improve the startup experience for founders in Atlantic Canada and the virtual accelerator’s model is proving highly advantageous as the world transitions to a virtual working environment.
In 2018, Propel launched its new virtual accelerator program, the first of its kind in Atlantic Canada. This programming model reflected our commitment to serve entrepreneurs wherever they were located and provided access to rural areas where programming was not previously available. Online delivery allowed companies to access best-in-class content and methodology, dedicated one-on-one coaching and mentoring from experts and successful business leaders around the world.
“While the ability to access content from anywhere was appealing for most startups, what we continued to hear was the need for real-time support associated with a founders stage of business” said Jeff White, Chair of Propel’s Board of Directors. “By moving to a continuous model, Propel can offer support to founders at the time they need it most, applicants will now be able to start our accelerator 12 months a year, removing the obstacle of waiting 6-12 months for the next cohort to start.”
By offering continuous intake now, Propel is well-positioned to help Startups through the COVID-19 global pandemic through its e-accelerator by continuing to offer its companies virtual coaching and access to content through their online learning management system. Propel founders continue to benefit from the insights of our network of mentors through our virtual fireside chats and this has helped founders maintain a sense of normalcy and support during these unprecedented times.
Barry Bisson, CEO says “Over the next 3 months, Propel will onboard close to 30 new companies into our e-accelerator and that’s just the beginning. We are ready to talk to founders who are looking to accelerate their path to growth and don’t want to wait. We are ready for you. Anytime. Anywhere.”
As companies are accepted to Propel’s e-accelerator they will be announced on the organizations Facebook Page.
Visit our new website at propelict.com to learn more.
Propel helps entrepreneurs build high-value tech companies through their continuous intake e-Accelerator. Propel aims to be a catalyst in fostering the growth of successful global technology companies headquartered in Atlantic Canada.
For more information, please visit propelict.com.