FREDERICTON – The University of New Brunswick’s Summer Institute for early-stage startups is seeking applications for this year’s 12-week accelerator program.
The Fredericton-based program will accept up to seven companies to take part in the intensive, globally-recognized accelerator that will run from April 29 – July 19.
Successful applicants receive a stipend for living expenses, prototyping grants, access to the institute’s downtown workspace, and intense, mentor-led programming aimed at developing sustainable and profitable companies.
“The Summer Institute is designed to help early-stage companies with a big vision,” said Summer Institute Program Manager Melissa O’Rourke in a release. “We look for early-stage ventures that want to make an impact beyond the bottom line, and it’s truly a joy to help these community-minded entrepreneurs pursue their dreams.”
The program is operated by UNB’s J Herbert Smith Centre for Technology Management & Entrepreneurship (TME) and has helped launch more than 30 companies since its first cohort in 2014.
The program is not restricted to companies from any particular region or sector, though it historically has focused on accelerating ventures with an innovative consumer product or service. Prominent alumni include Stash Energy, Koffee Organics, and Eggcitables.
“The Summer Institute is easily the best thing to happen to me or my business,” said Eggcitables Founder and 2018 program alumna Hannah Chisholm. “I accomplished, learned, and grew more in those twelve weeks than I would have in an entire year.”
The deadline for applications is February 15.