Nova Scotia venture capital Crown corporation Innovacorp is launching a revamped version of its Accelerate program, which will replace both the old, longer program of the same name and the shorter Sprint accelerator.

Accelerate will be completely virtual and focus on oceantech, medtech, agtech and cleantech. The program is meant for companies that have established a market opportunity.

Entrepreneurs must apply by May 26. Shortlisted companies will be notified on June 3 and must prepare a presentation for June 7 or 8. Chosen companies will be notified on June 9.

Participating companies will receive $25,000 in grants, but must have sales of less than $1 million and equity investment of less than $250,000.

The program will include expert coaching, monthly workshops and access to market research from Ontario-based MaRS Market Intelligence Services.

Applicants must fill out and submit a questionnaire, found here.