Launch will help guide entrepreneurs through the early stages of validating, developing and launching a startup. This program is delivered onsite at one of our community partners: St. John’s NL, Fredericton NB, Halifax NS, Sydney NS, Charlottetown PE. There is a maximum of 9 spots per cohort. Each Launch program is delivered over a 12-week period that includes in-session workshops, mentorship, business model canvas, updates and presentations, personalized 1:1 coaching sessions, Q&A fireside, Panel Speakers and Webinars. Attendance is mandatory.
Colin Wrynn | Partner with LaBarge Weinstein : Being a sponsor of Propel ICT we’ve seen the output of companies over the past three years. This year’s Demo Day was another great success and a reminder of the thriving tech scene in Atlantic Canada. We are glad to be involved in the Atlantic region and to support early stage startups. (Sept 2015)
You should apply to this program if your startup is looking for mentorship around:
- Developing a profitable business model
- Validating customer problem and solution assumptions
- Creating a customer validation strategy
- Defining and building a minimum viable product (MVP)
- Building compelling offers using demos and rapid prototyping
- Communicating progress to advisors and investors
Application Process:
We urge you to get your application in as soon as possible. This allows the Propel Team and Selection Committee a preliminary review over the month of November and early December to contact you if necessary. We recommend you do not wait till the last minute. The semi-final applicants will be determined the third week of January, you will be notified on the status of your application. If you are chosen, you will be invited to attend Selection Camp at the beginning of February. Out of all the invitees only 9 companies will be selected to participate in the program starting March 1st, 2016. If you have any questions feel free to contact us. Stand out and get your application in!
Applications Open Nov 1st, 2015 – Close Jan 15th, 2016
Build focuses on later stage startups, those who have progressed beyond the idea phase and earned initial market traction. The program will develop the entrepreneurial skills required to grow the company with a strong emphasis on sales and marketing internationally. This program is delivered across multiple locations throughout Atlantic Canada so some overnight travel is required. There is a maximum of 6 spots per cohort and sessions are held bi-weekly for two full-day sessions. The program duration is 12 weeks, and the cost of the program is $5,000. You should note that this cost is only payable at the end of the program and then only if your startup succeeds in raising outside funding. Startups in this program are also eligible for BDC’s $150,000 convertible note program. Attendance is mandatory to be eligible to pitch at Demo Day and to qualify for the BDC convertible note. Other funding partners include: Innovacorp $100,000 | Pelorus Ventures $250,000 | NBIF $100,000
Gerry Pond | Founder of Propel ICT, East Valley Ventures : This year’s Demo Day presenting companies when taken as a total group were the best group of startups since Propel’s inception, in my view. Put another way they were all outstanding. This validates that critical mass can be achieved with a pan-Atlantic model. (Sept 2015)
You should apply to this program if your startup is looking for mentorship on:
- refining a repeatable model for customer acquisitions
- strengthening the startup team
- creating a framework to scale people, processes and systems
- finding product/market fit
- learning to be data informed, not data driven
Application Process:
We urge you to get your application in as soon as possible. This allows the Propel Team and Selection Committee a preliminary review over the month of November and early December to contact you if necessary. We recommend you do not wait till the last minute. The semi-final applicants will be determined the third week of January, you will be notified on the status of your application. If you are chosen, you will be invited to attend Selection Camp at the beginning of February. Out of all the invitees only 6 companies will be selected to participate in the program starting March 1st, 2016. If you have any questions feel free to contact us. Stand out and get your application in!
Applications Open Nov 1st, 2015 – Close Jan 15th, 2016
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