On the fifth anniversary of its first Demo Day, Propel ICT and its community gathered in Halifax last night to witness presentations by another 11 of its graduates.
The Spring 2017 cohort graduated last night, bringing the number of companies to pass through its accelerators to 190. Board member Jeff White noted in a speech that 80 percent of these companies are still in operation, speaking to the success of the program.
“Tonight is all about the entrepreneurs,” said White. “It’s about the people who have decided to build a business in Atlantic Canada, and it will improve the economy."
It was a good day for Propel as ACOA announced earlier in the day that it would renew funding for the organization, providing it with $1.1 million over the next two years.
Six companies from the Launch program, which took place this spring in Fredericton, Halifax and Sydney, pitched at Demo Day, as well as all five companies that went through the more advanced Build program.
Following the pitches, Stephen Palmer, former Co-CEO of Remsoft, will led a fireside chat with two companies from Propel’s first Growth Cohort – Eosense and Alongside.
The pitching companies were:
Launch Program
ADDText, Halifax – ADDtext helps youth with ADHD or facing other challenges with a text-based learning strategies in which the clients seek help from peer coaches. Read our recent report on ADDText.
BidSquid, Sydney – BidSquid is an online marketplace for rural agricultural products in which buyers and sellers post bids and offers organized by price.
Click2Order, Sydney – Click2Order saves restaurants money by providing them with their own branded online ordering system. Read our recent report on Click2Order.
GradsFinder, Moncton – Gradsfinder connects students and recent grads with employers.
Hit the Road App, Fredericton – Hit the Road App enables companies, governments, and municipalities to manage their infrastructures.
Side Door, Halifax -- Side Door connects artists, hosts and audiences to allow people to hold concerts in their own living rooms.
Build Program
Conceptualiz, Halifax – Conceptualiz provides doctors with easy-to-use, rapid, and accurate automated medical 3D printing software at a fraction of the cost.
Enkidu, Moncton - Enkidu allows organizations to continuously manage their Emotional and Diversity Intelligence. The output is a healthy, engaged and innovative culture that positively impacts their bottom line.
Mimir Networks, Sydney – Mimir delivers highly complex network security solutions with a single click simple interface. The company was recently named one of the Branham Top 25 Canadian Up and Coming ICT Companies.
SnapAP, Moncton – SnapAP’s accounts payable automation software allows your organization to become electronic and paperless in your purchase order and accounts payable processes.
Swell Advantage, Halifax – Swell Advantage provides deep analytics and automated operations tools for marinas that increase revenue, decrease operation costs and provide better customer service.