Sydney’s Navigate Startup House has signed a memorandum of understanding with regional tech accelerator Propel, under which they will work together to encourage tech entrepreneurship in Cape Breton.

The two groups issued a statement saying they would collaborate to promote Propel programs that assist technology startups in Cape Breton.

“As Atlantic Canada's online accelerator, Propel takes great pride in its ability to serve founders of technology companies located throughout the region,” said Propel CEO Barry Bisson. “Our partnership with Navigate House will provide continuity in raising awareness of our accelerator services for tech entrepreneurs in Cape Breton."

Propel has been delivering accelerator programs in Atlantic Canada since 2003, and its new continual intake process allows entrepreneurs to begin its virtual programs at any time. Navigate has been providing business incubation and entrepreneurial development programs since 2016.

The Navigate-Propel MOU allows Navigate to act as a gateway for Cape Breton entrepreneurs who want to take advantage of Propel accelerator programs, said the statement. Navigate and Propel CEOs will meet regularly to assess opportunities for improving effectiveness of delivery of services to Cape Breton Companies.

“We welcome the opportunity to combine efforts with Propel and provide e-Acceleration services to local companies,” said Navigate Operations Manager Todd Graham.