Waterloo ON (11 December 2014) – The Accelerator Centre (AC), an award-winning centre for the cultivation of technology entrepreneurship located in Waterloo, Ontario, today announced it has been selected by the Canadian Association of Business Incubation (CABI) to join Canada’s Start-up Visa Program. The AC becomes one of a select group of certified technology incubators and accelerators across the country who can help foreign entrepreneurs with strong business ideas establish their businesses in Canada.
Canada’s Start-up Visa Program, established in 2013 by Citizenship and Immigration Canada, is a first of its kind and first in the world program, linking immigrant entrepreneurs with experienced private sector organizations that have expertise working with start-ups. Under the program, a foreign entrepreneur can facilitate immigration to Canada with support from a designated Canadian organization such as a venture capital fund, angel investor group, or business incubator.
“The Canadian Association of Business Incubation (CABI) is excited to have the Accelerator Centre become one of the Start-up Visa Program designated organizations. The Accelerator Centre is a world-class facility that has had great success supporting some of Canada’s top talent,” says Gail Gillian-Bain, President of CABI.
“Innovation and entrepreneurship knows no geographic boundaries,” says Paul Salvini, CEO of the Accelerator Centre. “The Accelerator Centre is celebrated the world over for its world-class incubation program and mentorship, and now, we are on a mission to attract the very best entrepreneurial talent and brightest technology start-ups from around the world to our doorstep. As a certified member of Canada’s Start-up Visa Program, we can help more fledgling companies move from business concept to global leadership.”
Interested parties can learn more about the Accelerator Centre’s Start-up Visa Program at http://acceleratorcentre.com/startup-visa/.
About the Accelerator Centre
The Accelerator Centre (AC) is dedicated to building and commercializing technology start-ups. The AC provides an essential combination of mentorship, educational programming, professional office space, networking, and access to funding, with a goal of building successful companies. Over a two- to three-year period, we help entrepreneurs move from start-up to scale-up, accelerate their time to market, and attract customers, investment and revenue.
Since 2006, the Accelerator Centre has developed and nurtured over 130 early-stage technology start-ups, creating 1100+ new jobs, generating more than $350 million in revenue and funding. Forty-three companies have graduated from the Accelerator Program, and more than 85 percent of these companies have remained in Waterloo Region. For more information visit www.acceleratorcentre.com.
Social Media Links
Follow us on Twitter @AC_Waterloo
Join us on LinkedIn
For further information, please contact:
Ellyn Winters-Robinson
Communications Mentor/Advisor
Accelerator Centre
Cell: (519) 574-2196
E-mail: ewinters-robinson@acceleratorcentre.com