Canada’s Equals6 Raises $250,000 fom Innovacorp

Equals6 is a Halifax-based social network designed to connect students with future employers. Today they announced that they have connected themselves to Innovacorp and secured $250,000 in venture capital financing.

Equals6 lets university, college, and high school students, as well as recent grads connect with employers, academic institutions and other students. Students build an online portfolio to showcase their goals, accomplishments and talents, and then network online with employers. Employers get to identify and recruit bright and motivated grads.

“Equals6 has developed a compelling offering that leverages the power of social networking with the very real challenge companies face in finding and engaging the best and brightest graduates looking to start a meaningful career,” said Greg Phipps, Innovacorp’s director of investment. “The platform bridges a gap between the purely social engagement offered by Facebook, and the more experienced, professional communities leveraged by LinkedIn.”

More than 13,000 students from across North America have joined the Equals6 network, and the company has already secured 125 employers, including Atlantic Central Credit Unions, Nova Scotia Power, Bell Aliant and SimplyCast, as local examples. Universities and colleges looking to attract students to their programs are also using the site.

The site is free to students. Equals6 and corporate partners are offering scholarships to identify, engage and support top student talent. The company is also building an extensive online library of articles and videos that student members can access to learn about career development, academic topics and more. Students can also publish and share work with other Equals6 members.

Andy Osburn and Mark Boyle founded Equals6 last year with fellow technology entrepreneur Michael Sanderson. The team expects to add four employees in the next six months and target new markets in the U.S.