ScaleUP Opens Applications for Summer/Fall Cohort

WEtech Alliance is accepting applications for its second cohort of the ScaleUP accelerator program.

ScaleUP – powered by Libro Credit Union and the Ontario Trillium Foundation – provides financial and mentoring support to tech startup entrepreneurs in Windsor-Essex and Chatham-Kent looking to scale their business.

ScaleUP will select five (5) entrepreneurs who will receive four-months of intensive business mentoring + in-kind services valued at $15,000 + access to a global network of support + the opportunity to pitch for a $10,000 top prize in front of the Windsor Essex Capital Angel Network (WECAN).

ScaleUP will run two cohorts:

  1. 1st Cohort: March to June, 2018 (COMPLETED)
  2. 2nd Cohort: August to November, 2018

Applications – and program information – can be found at https://www.wetech-alliance.com/scaleup.

The deadline to apply for the 2nd Cohort is 11:59pm on July 22nd, 2018

ScaleUP is a new program that evolved from the successful Libro StartUP, and is looking for startups that have moved beyond ideation and product/market fit – with advantage given to startups who have achieved early sales.

“We are building upon a successful partnership with WEtech Alliance forged through the Libro Prosperity Fund, one that supports innovative startup entrepreneurs and aligns with our purpose of growing prosperity across southwestern Ontario,” said Lori Atkinson, Libro’s regional manager of Essex-Kent.

“This innovative partnership is born out of a passion for community and a commitment to supporting the growing community of tech startup entrepreneurs in Windsor-Essex and Chatham-Kent” says Yvonne Pilon, President and CEO of WEtech Alliance.

ScaleUP is the first accelerator program in the region focused on scaling startups and that is open to entrepreneurs of all ages.

For more information on ScaleUP please contact:

Adam Frye
Director of Business Advisory Services
WEtech Alliance
afrye@wetech-alliance.com 
226.747.4398

About Libro Credit Union:
Libro is southwestern Ontario’s largest credit union, with more than 70 years of history in the region. Libro supports the well-being of people, businesses and communities by providing high-quality financial coaching and profit sharing. Libro offers a full range of financial products and services for consumers, businesses and farms, including savings and chequing, investing, and borrowing. Great service can be experienced through 31 branches, online, telephone, mobile devices and a network of 4,000 ATMs across Canada.

About WEtech Alliance:
As one of the eighteen Regional Innovation Centres in the province of Ontario, funded by the Ontario Network of Entrepreneurs, WEtech provides an extensive roster of programs, advisory services and training to clients and members in the technology and innovation sectors in the Windsor-Essex and Chatham-Kent regions.

The Ontario Network of Entrepreneurs (ONE) is a collaborative network built to help your business succeed. ONE was created to bring together the various resources for entrepreneurs, so you don’t have to search. The less time you spend finding and accessing programs and services, the more you can focus on “the business of running a business”.

About Ontario Trillium Foundation: 
The Ontario Trillium Foundation (OTF) is an agency of the Government of Ontario, and one of Canada’s largest granting foundations. With a budget of over $136 million, OTF awards grants to some 1,000 projects every year to build healthy and vibrant Ontario communities.

About Windsor Essex Capital Angel Network:
Windsor Essex Capital Angel Network (WECAN) provides financial support to start-ups and scaling companies by helping to match entrepreneurs with angel investors.  WECAN is one of thirteen AIO – Angel Investors Ontario accredited investor groups based across the province. WECAN was established in 2014 as a non-profit to connect regional angel investors and foster their success with education, best practices, investment and deal syndication with other AIO – Angel Investors Ontario groups and NACO – National Angel Capital Association (Canada) groups. WECAN is recognized as the (cross-border) angel investment group by MVCA – Michigan Venture Capital Association and ACA – Angel Capital Association (USA) connecting it with more than 17,000 investors across North America and globally.