Launch36, the Atlantic Canadian regional startup accelerator, is calling for applications for its fourth cohort, building on its mission of launching 36 companies in three years.

In particular, the accelerator operated by the regional technology association Propel ICT is hoping for its first participants from Newfoundland and Labrador.

[Meanwhile, Canadian Entrepreneurs in New England has announced that it is looking for participants for its 48 Hours in the Hub program.  The biennial two-day program brings Canadian startups to Boston for mentorship, strategic partner visits and networking. Interested parties can apply on the CENE website by Feb. 21.]

Three groups of tech startups from the Maritimes have already graduated from the Launch36 program. Now the group is working with Startup Newfoundland to draw the interest of companies from Newfoundland and Labrador. Interested companies in Newfoundland should contact Roger Power at Startup St. John's.

Since its creation in 2012, Launch36 has graduated 26 companies. The organization says they have created more than 100 jobs and raised more than $12 million in equity investment. Most of the companies were generating revenue by the end of the three-month program.

“Our goal is to help high-growth potential entrepreneurs turn their ideas into sustainable businesses,” said Launch36 Executive Director Trevor MacAusland in a statement. “Our mission is to help surround these entrepreneurs with mentors and advisors who can help them identify risks, validate their product within the market and make them investor-ready so they can raise capital.”

Launch36 is an intense three-month sprint in which companies focus on validating their markets and acquiring customers. This is done by combining Lean Startup methodologies with a group of more than 120 mentors from around and outside Atlantic Canada. The successful graduates will be considered for a $150,000 convertible debenture issued by BDC Venture.

Companies interested in applying for Cohort 4 should visit launch36.ca before the February 28th deadline.