The University of New Brunswick’s TME group has revealed the seven companies in its Summer Institute, an accelerator that emphasizes the human aspects of entrepreneurship, such as marketing and design.

Officially called the J. Herbert Smith Centre for Technology Management & Entrepreneurship, TME oversees entrepreneurship programs at the Fredericton university. It also operates two accelerators: Energia Ventures, which nurtures companies involved in energy, cleantech and cybersecurity; and the Summer Institute, which accepts companies from a range of industries.

“The number of applicant companies has grown every year since inception, and this year, we received over 145 applications, a nearly 50 percent increase from 2018.” said Joe Allen, Managing Director of Accelerator Programs for TME. “It’s getting harder every year to select a cohort and if this trend continues we may look to run two cohorts a year.”

Now in its sixth year, the Summer Institute is a three-month accelerator for entrepreneurs with an innovative idea and the passion needed to turn that idea into a sustainable venture. Leading the program this year will be TME’s new accelerator team consisting of Allen and Operations Coordinator Tanvir Kohli.

“We’re very excited with the companies in this cohort,” said TME Chair Dhirendra Shukla in the statement. “The program has grown every year, and this is the first year where the entire cohort have products that are earning revenue.”

The program began April 29 and will conclude with a demo day on July 18. The companies accepted into the program are:

-- Scottage Cheeze (Harvey, NB)

Margaret Scott

Dairy free vegan cheeses dips and spreads.

-- JW Couture (Fredericton)

Jaclyn Wilson

Men’s and women’s bodybuilding competition suits.

-- Loran Olivia (Fredericton)

Megan Gallant

Full service custom wedding stationery and design studio.

-- Queen of Cups Lingerie (St. Stephen, NB)

Abby Pond

High quality, individually tailored bras.

-- Handmade by Alicia (Nackawic, NB)

Alicia Sharp

All-natural and environmentally friendly solutions to your everyday personal care needs.

-- Luna Baby (Fredericton)

Courtney Larkin

The company aims to produce the world’s best breastfeeding pillow.

-- Envirotech  (Delhi, India)

Parth Dave

Smartbins that simplify the waste management practices and reward users.

Disclosure: UNB TME is a client of Entrevestor.