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UNB’s Energia Ventures Still Accepting Applications For Accelerator Program

Energia Ventures Managing Director Joe Allen.

FREDERICTON – Energia Ventures, an accelerator founded by the Technology, Management and Entrepreneurship Centre at the University of New Brunswick, has extended its application deadline until July 27.

The TME team issued a statement saying the three-month accelerator, which works with companies in the energy, clean technology, smart grid, and cybersecurity sectors, will begin September 4 at the program’s new office in downtown Fredericton.

“We’re taking things to the next level with our second cohort,” said Managing Director Joe Allen. “We have a new suite of programming that prepares companies for their next raise, and we will offer $20,000-plus in grants to each company that is accepted.”

Some graduates from the first program have received significant follow-on investment, with Beauceron Security and Stash Energy Storage each raising $500,000 in their respective seed rounds. Both have said their time at Energia was critical to their success.

Read more about this story at Entrevestor.