launch36
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Moncton, New Brunswick
October 12, 2011
Ideas, people and capital
Executive Director…
…Trevor MacAusland
propel Impact
6 active Accelerator companies
41 people today
31 more in next 6-months
$3.5M invested
propel Impact
propel entrepreneurs are game changers …and people are telling their story
ClinicServer pens deal worth millions in revenues
October 11, 2011 | Telegraph Journal
…first major international deal, partnering up with the United Kingdom's Chartered Society of Physiotherapy…
SmartSkin wins KIRA Award for most promising startup
2010 | KIRA Awards
2011 SECOND PRIZE – Zaptap (formerly airMe) Yan Simard | Fredericton
Zaptap to present products at Grow 2011
August 08, 2011
2011 SECOND PRIZE - Enovex Scott Walton | Saint John
Prescriptions enter the digital age July 12, 2011 | National Post
Ganong shifts gears to save on energy costs August 6, 2011 | Telegraph Journal
3rd year of sponsorship funding commitments
propel funding
Propel Accelerator Program
we listened…
…closely
eating our own dog food
the summer of propel 2011 business model design, customer development, pivot!
2012
[email protected]/Confidential - Do not distribute
Access to funding partners Business and product advice
Connections to future investment Validation
Peer support Pressure and discipline
What founders told us
open and highly competitive application process
pre-seed investment in exchange for equity
focus on founder & team
time-sensitive support through intensive mentoring and events
start-ups supported in cohorts
principally the
is…
In a sentence…
The Propel Accelerator is a cohort-
based accelerator program for early
stage technology entrepreneurs to
increase their chances of long-term
success by providing an early
opportunity to funding, mentorship,
knowledge, and support.
a. Startup applicants apply to participate in a two day Accelerator Bootcamp and Mentor Day – 2 sessions per year
b. Each applicant is assessed for Accelerator fit by a panel of entrepreneurs and investors based on quality of the team, business opportunity and growth potential
c. propel invites winning teams to follow a rigorous Accelerator mentorship program for 5-months to launch a minimum viable product
the a,b,c’s of…
THE RIGHT STUFF
have a technology focused idea/concept
can be a new or early stage startup
preferably B2B focus on SaaS, mobile or enterprise social networking
no business plan required
no age restrictions
no geographic limitation
willing to commit to weekly in-person meetings for a period of 5-months
• Bootcamp
• Mentor Day
Shape
• Mentorship program
Build • Demo Day
Launch
Shape
So what? Who cares? Why you? 2-day Accelerator Bootcamp
Mentor Day – Pitch your story
Up to 7 Accelerator program invites
mentor match mentor GSD scrums
founder coaching milestone development & review
networking weekly peer groups
mentor diners & events know-how sessions
proven methods & approaches funding pitch opportunities Build
DEMO DAY – pitch your story…again
Launch
Fall 2011
AGM
Launch Online Application Process
Q1 2012
Applicant Bootcamp & Mentor Day
Propel Accelerator
Q2 2012
Demo Day
propel has an audacious goal and we’re willing to put it in writing….
Launch 36 new start-ups
in 36 months
