ScaleUP, a technology and growth accelerator program, powered by Libro Credit Union, has selected it’s third Cohort of five ventures to participate in a 4 month growth sprint this fall. This scaleup Cohort has a focus on AgriTech and Advanced Manufacturing, with an exciting line-up of companies working on the future of these deep-rooted local industries.
“When we took a look at the economic impact numbers, and what this program has done for the first two corhorts, it was hard not to get incredibly excited about the next four months.” Said Adam Castle, Director of Venture Services for WEtech Alliance. ScaleUP has already assisted nine ventures in reaching twenty-three countries, on six continents, that have launched over sixty products to market. Since graduation, those companies had a net new job growth of fifty-seven employees and over four million in revenue. “Our four month program may be small on time, but it’s huge on impact!” Said Castle. “This is the first time we’ve had a targeted tech sector. All members of the cohort are building products and services for Agribusiness or Advanced Manufacturing, which means the resources we will be providing will be that much more laser focused and tangible. The new ScaleUP five are about to launch on an amazing journey!”
The 2019 cohort will graduate and pitch for $10,000 in November during Global Entrepreneurship Week.
Without further adieu, meet the 2019 ScaleUP Cohort:
GreenerBins is the only Bio-compost operation in Windsor and Essex County, and has a social impact mandate to make our region more environmentally friendly, one pick-up at a time. Over the course of their 4 month ScaleUP journey, they will be focusing on doubling up their customer base, working with local post secondary institutions to design region specific recycling-tech, and expanding into new markets with their message of a greener world for everyone.
Growliv is a company dedicated to providing high quality bio-control products at an affordable price, through innovation application approaches. They are one of the only ventures rearing beneficial bugs for the greenhouse sector in Ontario. Throughout Scaleup, they will be focussing on a new product line geared towards residential gardeners, aimed at bringing the quality of greenhouse level products to your home.
The Industrial Innovation Network
The Industrial Innovation Network (The IIN) is a virtual factory, geared towards connecting manufacturers with excess capacity, to organizations in search of manufacturing partnerships using highly targeted search functions, and fostering real world relationships with SME’s eager to take on new products. It’s goal is to virtually connect the Ontario 401 corridor manufacturing supercluster in ways that will improve efficiency and increase transparency, all while protecting intellectual property and fostering trust.
Splice Digital has worked with some of the top brands worldwide to develop digital solutions. Companies like Microsoft, Atari, and Volkswagen have trusted splice to unlock new opportunities, and design new tech. Using the power of artificial intelligence, splice has recently launched DNAI, AI intelligence to transform the DNA of business. Over the course of their ScaleUP sprint, they will be working on bringing a new product to market for the greenhouse industry, check back often for updates on this project as new details become public.
Coulter Software has years of experience in product and technology development. With a focus on solution integration and mobile, web, and desktop app development, Coulter has been powering businesses with innovation for over 10 years. Their ScaleUP project sprint will be a focus on new Agri-technology designed to measure outdoor growing conditions using state-of-the-art sensor and software integrations.
About ScaleUP: ScaleUP Tech Accelerator Program – powered by Libro Credit Union in partnership with Ontario Trillium Foundation, Ontario Network of Entrepreneurs (ONE), Windsor Essex Capital Angel Network (WECAN) and SOAR Innovation – provides financial and mentoring support to tech entrepreneurs in Windsor-Essex and Chatham-Kent looking to scale their business.