WEtech Alliance is teaming up with Libro Credit Union for a fifth ScaleUP tech accelerator offering five entrepreneurs a chance to pitch their ideas for a $20,000 top prize.
This year’s focus will be on aiding regional tech firms in Essex and Kent counties develop new strategies for revenue diversification, new market exploration, intellectual property development and fundraising readiness.
“As an organization deeply rooted in not just our community, but the Canadian technology ecosystem at large, the WEtech Alliance Business Advisory team has been steadily building inroads to new markets and resources so that we can create a broader audience for our portfolio and our businesses can focus on what they do best — delivering highly scalable, world-class products and services,” said Adam Castle, WEtech Alliance’s director of venture services.
ScaleUP will select five entrepreneurs who will receive four months of intensive business mentoring and in-kind services valued at $15,000, access to $500,000 in discounts and tech perks and three months of complimentary hot desk space at Waterloo’s SOAR Innovation.
They will also get the opportunity to pitch for the top prize in front of the Windsor Essex Capital Angel Network (WECAN) and members of the Regional Alliance Windsor-Essex during Global Entrepreneurship Week in November 2021.
This year, Invest WindsorEssex, with the support of FedDev Ontario, will also participate to help maximize the local impact on regional business.
“We wanted to supercharge the program and create more opportunities focused on auto mobility entrepreneurship for this year’s cohort,” said Matthew Johnson, executive director for mobility partnerships and innovation at Invest WindsorEssex.
ScaleUP is open to entrepreneurs of all ages. The application deadline is 11:59 p.m. on July 22.
For applications and more information go to www.wetech-alliance.com/scaleup.