Startup accelerator Launch36 has opened applications for its fifth cohort of companies.
So far, 32 companies have completed the 12-week program in Moncton and it is expected that the next cohort will help Propel ICT exceed its goal of launching 36 companies in less than three years.
There are changes ahead for the Launch36 format with news that Propel ICT will be collaborating with community partners to deliver programming at Volta and Planet Hatch. Each location will host a program track called Launch36 “Start,” which will be 12-weeks in duration and provide mentorship and physical space. Workshop sessions will focus on helping founders pick the right team, how to perform customer validation, and how to getearly-adopter customers.
“Volta will assist this program by providing meaningful mentorship and a physical space with a strong internal community,” says Milan Vrekic, Executive Director at Volta Labs.
“We are excited to take our programming to the next level by collaborating with Volta and Propel ICT to better serve and align resources for entrepreneurs and startups across Atlantic Canada,” said Planet Hatch Executive Director Sally Ng.
The Launch36 “Build” track format, on the other hand, will be a bi-weekly cohort session held in Moncton for later stage startups who are looking to shape a repeatable model for customer acquisitionand put in place a framework for scaling.
Startups that are accepted into the Build track will be eligible for BDC’s $150,000 Convertible Note program.
“The collaborative nature of the program will allow us to focus on building scalable startups together,” said Propel ICT Executive Director Trevor MacAusland.
The deadline for application is September 8.