Atlantic Canada's IT accelerator Propel has announced seven graduate companies from the latest cohort of its Traction and Growth program.
The Traction and Growth program is meant for startups that have already completed Propel’s more basic Vision and Validation accelerator for very early startups. Traction and Growth companies must have at least $1,000 of monthly revenue and founders who are working on the business full time.
Like all of Propel’s programming, the Traction and Growth Accelerator is open to applicants from across Atlantic Canada, and all four provinces are represented in the current cohort.
"One of the biggest challenges is often the ability to focus, and it has been exciting to be part of helping these companies navigate their path," said Charlotte Murray, Propel's chief coaching officer in a statement. "Throughout the program these founders have made tremendous progress in market development, seen in their ability to execute on sales, fundraising and growing their teams. We wish them all great success.”
Let’s take a look at the latest graduates:
Halifax
Mubdu Alali, CEO
Bloxo is an online platform that helps users find or organize recreational sporting events.
Halifax
Madhir Singh, Founder
Easy Platter is an online platform that lets personal chefs prepare weekly meals once at affordable prices for middle-income families.
Charlottetown
Imad Boumahdi, CEO
PayTic is a SaaS platform that helps financial institutions streamline their business processes by consolidating disparate tasks, like risk control, processing chargebacks and regulatory filings.
Mount Pearl, NL
Colin Hunt and Jonathan Young, Co-Founders
Prospre is an app that helps users create custom meal plans based on their nutritional requirements, personal preferences and dietary restrictions.
Fredericton
Mike Morris, CEO
Until recently, Resson was developing two technology platforms simultaneously: one that used satellite imagery to give farmers broad advice about caring for their fields as a whole and one that used cameras mounted on tractors to offer feedback at the level of individual plants. In June, McCain Foods bought the satellite imagery business and Resson is now focused on the tractor-mounted camera system.
Toronto and Charlottetown
Harrison Olajos, CEO
UP360 is developing educational software for high schools, post-secondary institutions and trade groups that uses virtual reality to offer hands-on learning experiences without the need for access to specialized equipment or supplies.
