L-Spark Opens Applications for Third Accelerator Cohort

Ottawa’s L-Spark has opened applications for their third accelerator session.

The accelerator is seeking enterprise Software-as-a-Service startups who are looking to grow revenues and prepare for Series A financing in nine months.

13 companies in L-Spark’s second cohort are preparing to graduate from both the incubator and accelerator.

L-Spark companies are matched one to one with a mentor. Embedded for two days a week within one company, mentors are hands on with the founders they’re matched with.

“At the end of the day, you’re getting a C-level executive working for your company. You’re never going to get more value than having someone with those resources and that much pedigree and knowledge,” says CareerJSM co-founder and CEO Jeffrey Doucet.

The Business Development Team will prepare the startups for late seed or Series A investment from Angels or early stage Venture Capital and facilitate guided meetings with early stage angel, venture capital and institutional investors.