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Bring Your Venture To New Heights

General Information

What is the focus of the Accelerator Program?

Our program is designed to support early-stage startups across various industries. We provide a mix of accountability, practical skills, and mentorship, culminating in a pitch/demo day where investors are invited to attend.

When does the program run?

The program typically runs from January to March. It includes weekly sessions on topics critical to business success and concludes with a Demo Day pitch event.

How long is the program?

The program lasts 12 weeks.

Where does the accelerator take place?

Application Process

When does the application process open and close?

The application process typically opens in November for a January start date.

How do I apply?

Applications are open during the onboarding period only.

What information do I need to provide in the application?

You will need to provide details about your team, your product, your market, and your business model.

Is there an application fee?

What are the eligibility requirements?

How can I prepare for the application?

Selection Process

What happens after I submit my application?

After the call for applications is closed, shortlisted candidates will be invited for interviews.

How will I be notified if I’m selected for an interview?

If you are shortlisted, you will receive an email invitation for an interview.

What should I expect during the interview?

The interview will last 20-30 minutes and will be conducted virtually. We will ask you about your startup’s vision, progress, challenges, and future plans. This is also an opportunity for you to ask any questions you have about the program.

When will I find out if I’ve been accepted into the program?

Accepted businesses will receive an acceptance package with further details about the program.

What are the selection criteria?

Program Details

What is expected of participants during the program?

You’ll receive mentorship from experienced entrepreneurs and industry experts, access to a network of investors, and resources to help you scale your business. We also offer workshops and office hours to address specific challenges.

What kind of support can I expect?

Participants gain insights from seasoned experts who understand the intricacies of the startup journey in Western Newfoundland, and what it takes to succeed. Participants receive $5,000 in compensation, enabling them to focus full-time on their startup during the program and minimizing financial distractions.

Do I need to give up equity to participate?

No.

Is there funding available?

Yes! We are excited to be able to support companies with a stipend of $5,000. This will be paid out in 3 payments over the course of the program. More details will be shared with successful applicants.

What happens on Demo Day?

Demo Day is the culmination of the program. You’ll present your startup to a group of investors, mentors, and industry leaders. This is your opportunity to showcase your progress and secure potential investment.

Will the program be in person or virtual?

Technical Questions

Can I make changes to my application after submitting it?

Who can I contact if I have issues with the application?

What We Need From You

Passion & Drive

A genuine enthusiasm for entrepreneurship and a willingness to put in the hard work required to succeed.

Open Mindedness

A curiosity to explore new ideas, learn from failures, and embrace the entrepreneurial mindset.

Teamwork & Collaboration

A positive attitude and ability to work effectively with others in a collaborative environment.

Commitment

A dedication to attending the weekly scheduled programming, and actively participating in all activities. These include 1-2 scheduled sessions, plus weekly coaching meetings.