Cybersecurity Companies Dominate The Latest Cohort Of Energia Ventures
FREDERICTON – Energia Ventures next month will hold the Demo Day for its third cohort – a group rich in cybersecurity expertise.
Overseen by the University of New Brunswick’s Technology, Management and Entrepreneurship program, Energia is an annual accelerator that works with startups involved in energy, smart grid, cleantech or cybersecurity. These are sectors in which Fredericton has strong expertise.
This year, it just turned out that all four companies participating in the program are involved in cybersecurity in one form or another rather than in energy or cleantech. The organizers recruit companies from around the world and there turned out to be more accepted companies involved directly or peripherally in security.
“If we look at our first cohort, there was one cybersecurity company, but this year they all have a touch of security – it was just the way the cookie crumbled,” said Energia Managing Director Joe Allen in an interview. “Last year, it was focus on energy companies. It’s hard to predict what the next cohort will look like but we just want to raise the bar every time.”
Read the rest of this story at Entrevestor.