Exits, schmexits! The truly compelling news in the New Brunswick startup community late in 2011 involves entrances.
McKenzie College of Moncton will soon open an accelerator for pre-seed companies, and Propel ICT has announced its Launch 36 program, designed to develop 36 seed-level companies through an advanced accelerator in three years. (Accelerators are similar to business incubators in that they help mentor and often capitalize young businesses, preparing them to survive on their own. As the name suggests, they intend to get the new enterprises off the ground quickly.)