Trevor MacAusland is returning to Propel ICT.
The regional accelerator said Wednesday that MacAusland, who had overseen the organization’s first program, Launch36, has accepted a position as Entrepreneur-in-Residence in Moncton.
“Propel ICT continues to evolve and we identified certain opportunities to enhance our services to our program participants, to our alumni and other stakeholders,” said CEO Anita Punamiya in an email. “Trevor brings valuable experience from Propel's Launch36 program and we are excited to have him on the team.”
Five years ago, MacAusland was the executive director and lone employee of Propel, and he launched a new East Coast accelerator with the goal of launching 36 companies in 36 months. Hence the name, Launch36. He handily exceeded the target as more than 50 companies went through his program in Moncton in three years.
In June 2015, he left Propel to join the 3+ Corporation, the economic development agency for the Moncton area. But he missed the startup world and he has decided to return to Propel to help with the growth of the organization.
MacAusland will be based in Moncton and will help fellow Entrepreneur in Residence Al Sturgeon deliver the Build program, the accelerator for companies that are beginning to scale. He will also lead the development of a new program for Propel alumni.
The organization has developed the means to help companies reach the point at which they are scaling their businesses, but now it wants to help them grow into global corporations. Propel announced earlier this year that it would begin this program by the end of the year.
The new hire means Propel now has four entrepreneurs in residence – MacAusland in Moncton, Sturgeon in Fredericton, Gillian McCrae in Halifax and Peter Gifford in St. John’s.