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PrevUniversity of Windsor EPICentre, WEtech Alliance and Small Business Centre partner up to help Small Businesses Struggling Amid COVID 19 Pandemic13 April 2020NextFIRST CONNECTS: to STEM Education14 April 2020
  • Tech News

Libro Credit Union Teams up with Windsor Entrepreneur Program for $10,000 Award

April 13, 2020in Tech News 0 Comments

WINDSOR, ON – Libro Credit Union has been announced as a winner of Concentra’s Empower Your Community Awards, securing a $10,000 grant to an entrepreneur program of WEtech Alliance.

“Libro knows that small businesses are the backbone of our communities and that by partnering with WEtech and supporting tech companies we are helping develop a sustainable, diversified economy in our area,” said Liz Arkinstall, Corporate Social Responsibility Manager, Libro Credit Union, who is based in Essex. “We can turn to local entrepreneurs for innovative solutions to global problems – something that this grant couldn’t have timed better as we look for ways to combat the COVID crisis.”

“We believe the ScaleUP Tech Accelerator Program of WEtech Alliance was a perfect match for the Concentra award. As a purpose-based business, Libro looks for opportunities to leverage our impact with community partners.” 

Since 2018, Libro Credit Union has invested a total of $50,00 in the ScaleUP Tech Accelerator Program. The overall impact this partnership is making on employment and financial resilience in Windsor-Essex and Chatham-Kent regions, including: 

  • 14 ScaleUP companies helped
  • 65 net new jobs created in southwestern Ontario
  • 86 new Innovative products to Market
  • Over $11 million in revenue generated by ScaleUP Companies
  • Helped local companies achieve global expansion, developing a presence across 27 countries in six continents

The ScaleUP Tech Accelerator Program is a program that provides intensive growth coaching, expert insight, strategic planning and financial assistance to tech entrepreneurs in the Windsor-Essex and Chatham-Kent area seeking to scale their business.

Up to five entrepreneurs will be selected to receive four months of intensive business mentoring, in-kind services valued at $15,000, access to a global network of support and the opportunity to pitch for a $10,000 top prize. Additional funds will assist in commercializing innovative products created by local entrepreneurs.

Yvonne Pilon, President & CEO, WEtech Alliance tell us, “We expect that some of the businesses in our next ScaleUP cohort may need to pivot now because of COVID-19, and we are prepared to support them.”

Libro Credit Union’s community investment programs support financial resilience, housing, local food accessibility and employment as key areas of focus to deliver our promise to grow prosperity in southwestern Ontario.

WEtech Alliance on Twitter: "ScaleUP #Tech #Accelerator Program ...
The ScaleUP Tech Accelerator (ScaleUP) program is made possible by funding support from Libro Credit Union and the Ontario Trillium Foundation.

About Concentra’s Award
Applicants demonstrate strong credit union support for the project. For example, the project is led or championed, supported financially and/or in-kind, and demonstrates leadership in the community by your credit union. Projects should also focus on environment, community, First Nations and innovation and provide sponsorship and brand recognition for Concentra.

About the ScaleUP program

The ScaleUP Tech Accelerator (ScaleUP) program is made possible by funding support from Libro Credit Union and the Ontario Trillium Foundation. ScaleUP provides intensive growth coaching, expert insight, strategic planning and financial assistance to tech entrepreneurs in Windsor-Essex and Chatham-Kent looking to scale their business. ScaleUP will select a maximum of 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 and the opportunity to pitch for a $10,000 top prize in front of the Windsor Essex Capital Angel Network, Funding Partners and Members of the Regional Alliance Windsor-Essex.

Applications for cohort 4 will be launching in August.

For more details about the program, visit www.wetech-alliance.com/scaleup.

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Opportunity Alerts TELUS Pitch 2019
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TELUS Pitch 2019

Blog HEY SIRI: What are 5 Ways I can Get ‘Techie’ This April?
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HEY SIRI: What are 5 Ways I can Get ‘Techie’ This April?

Opportunity Alerts Call for Applications: WEtech Alliance Board of Directors
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Call for Applications: WEtech Alliance Board of Directors

Our Impact WINfographic Q3: October – December 2018
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WINfographic Q3: October – December 2018

Blog 10 Ways To Defend Yourself Against Viruses
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10 Ways To Defend Yourself Against Viruses

Blog 10 Ways to Celebrate International Women’s Day in YQG
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10 Ways to Celebrate International Women’s Day in YQG

Blog HEY SIRI: What are 5 Ways I can Get ‘Techie’ This March?
February 25, 2019in Blog 0 Comments 0 Likes

HEY SIRI: What are 5 Ways I can Get ‘Techie’ This March?

Blog HEY SIRI: What are 5 Ways I can Get ‘Techie’ This February?
January 31, 2019in Blog 0 Comments 0 Likes

HEY SIRI: What are 5 Ways I can Get ‘Techie’ This February?

Blog HEY SIRI: What are 5 Ways I can Get ‘Techie’ This January?
January 4, 2019in Blog 0 Comments 0 Likes

HEY SIRI: What are 5 Ways I can Get ‘Techie’ This January?

Blog What It Takes to ScaleUP: Tales from the WEtech Alliance Tech Accelerator Program
December 28, 2018in Blog 0 Comments 0 Likes

What It Takes to ScaleUP: Tales from the WEtech Alliance Tech Accelerator Program

Tech News Second Batch of ScaleUP Tech Accelerator Graduates Are Pitch Perfect
November 21, 2018in Tech News 0 Comments 0 Likes

Second Batch of ScaleUP Tech Accelerator Graduates Are Pitch Perfect

Tech News MPP Percy Hatfield Visits WEtech Alliance
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MPP Percy Hatfield Visits WEtech Alliance

Tech News WEtech Accelerator That Helps Tech Startups Scale Awards First $10k Prize
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WEtech Accelerator That Helps Tech Startups Scale Awards First $10k Prize

Tech News ScaleUP Opens Applications for Summer/Fall Cohort
June 26, 2018in Tech News 0 Comments 0 Likes

ScaleUP Opens Applications for Summer/Fall Cohort

March 6, 2018in Opportunity Alerts 0 Comments 0 Likes

Ontario Scale-UP Voucher Program Lunch & Learn

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