Planet Hatch has named the five companies that will participate in its 2019 Sales Accelerator Program, which helps companies find new markets and improve their revenue base.

The Fredericton entrepreneurship hub said in a statement the program provides participants with comprehensive sales training from industry experts, and access of up to $25,000 to support market entry and business development activities. Participants will also receive access to a fully funded post-secondary student intern to help throughout the summer.

“We’re very excited about the companies that will participate in our first cohort of the Sales Accelerator Program,” said Adam Peabody, Director of Planet Hatch and coordinator of the program. “The program is designed to help these companies develop a sales playbook and hone their skills for predictable and repeatable revenue growth.”

The participating companies, all from the Fredericton area, are:

  • A. Parrill & Associates – A women-led leadership development company, which aims to coach and develop high-performing executives and professionals;
  • SimpTek – A platform that helps electricity purchasers measure and analyze their consumption and link up with companies that could help to reduce their energy costs;
  • HomeWurk -- A startup whose online platform helps students earn money by finding home and business owners who need help with odd jobs;
  • Educated Beards – a veteran-owned startup that makes all-natural beard-grooming products and encourages healthy and educated lifestyles;
  • E.T. Mechanical – Local specialists in residential heating, air conditioning, plumbing, electrical and other home services.

Launched in March, the program was developed through a partnership model between Planet Hatch, Atlantic Growth Solutions, the University of New Brunswick, St. Thomas University, Future Ready NB, and the Impact Atlantic Loan Program.   

“We received a record number of company and student applications, which indicates the market demand and need for this type of initiative,” said Peabody.