Innovacorp is looking for early-stage IT companies to enter its Sprint competition, which will award a total of $100,000 in grants to at least four winners.
Sprint will give as much as $25,000 each to winning companies and will announce the winners next month.
Innovacorp is the Nova Scotia government’s early-stage venture capital agency, and it also holds a series of competitions in specific sectors to boost companies that are not yet ready for VC. The goal is to give them a bit of development capital and engage them in mentorship programs.
“Sprint participants will have regular meetings with Innovacorp to work on their milestone plan,” said the announcement. “They will also attend three workshops on key subject areas to fast-track their progress: product management, B2B sales and pitching to investors.”
The deadline to enter is Friday, Dec. 21. The full details on eligibility and entering are available here.