Trevor MacAusland, the specialist in accelerator programming at PropelICT, will be at the Volta startup house in Halifax tonight from 6 pm to outline plans for Propel’s next cohort.
Propel, which operates a startup accelerator for entrepreneurs in all four Atlantic Provinces, is now accepting applications for its next cohort. The deadline for applications is May 1, and the program runs over the summer.
MacAusland, the Vice-President of Business Development at Propel, will outline the two tracks of the Propel accelerator – the Launch track for early stage companies and the Build track for more mature companies.
Held at Planet Hatch in Fredericton and Volta in Halifax, Launch was developed in collaboration with author and entrepreneur Ash Maurya. It is delivered over 12 weeks in a series of two-week-long thematic segments. These themes cover the core components required to build strong startups, such as business modeling, validating hypotheses and designing a minimum viable product.
The Build program, which takes place mainly in Moncton, is the next step and is about making better entrepreneurs. It does this by mentoring businesses in four key areas – people, strategy, capital and execution.
MacAusland tonight will discuss available funding options for Propel participants, what stream is best for their company and how to improve their odds of getting selected.