New boost for tech startups in Canada

19:14
New boost for tech startups in Canada - New Boost for Tech Startups in Canada

looking to accelerate your business? If you have a small technology companies with a potential for high growth, you can take advantage of the latest Canadian Technology Accelerator, and based in Boston in the United States (CTA @ Boston).

What is the Canadian Technology Accelerator?

The Canadian Technology Accelerator (CTA) initiative Canadian companies with access to in-market to provide entrepreneurial resources and contacts, has been developed that as they grow internationally and can help in the competition. It is administered by the Canadian Consulate General.

CTA @ Boston

CTA @ Boston officially in March 2014 launched, signed by the Memorandum of Understanding (MOU), the Minister of International Trade and the Canadian Consulate General in Boston, the one-year agreement supports.

If accepted, you will be working from the Massachusetts Institute of Technology (WITH) Kendall Square campus for three months, while they help you gather refine your business model, competitive intelligence, follow key customers, access sources of funding and strategic partners in Boston involved.

Similar MOU is in San Francisco and the Silicon Valley have already secured international sales, partners and investment for 24 companies in BC.

Biotech Focus

Massachusetts is home to the largest concentration of biotech companies in the world and the second largest concentration of medical technology companies in the US.

Although the CTA program is usually focused on a wide range of technology companies, this special program searches Life Sciences, Health IT and Green-IT companies.

Selection criteria

CTA @ Boston has outlined his main criteria for the program:

  • you have a clear vision and Value Proposition for your business, competitive landscape, and you are ready to throw it.
  • They have shown proof of concept and / or IP .
  • to show existing sales and / or quantify your user or customer pool in Canada (and / or the US).
  • you funding [was (from public, private, or other sources).
  • you have in-Canada partners , the due diligence done on your technology / business and support your application.
  • you your business "growth targets identified and you are ready to launch globally.
  • you have a credible management team in place.
  • you have a minimal viable product a sizeable market.
  • you have a good understanding of various growth funding mechanisms .
to provide

, consider moving your business to the next turning point, by connecting with potential partners, funders or potential customers in the New England area.

How to apply

CTA @ Boston is accepting applications between 2 and 15 July 2014 and from November 5 to 19, in 2014 and start data on a rolling basis and will of your availability and the number of places available in the Cambridge innovation Centre (CIC) , Massachusetts are determined.

application forms can be accessed on the USTR website. The form will go live when the application period begins.

BC success

A number of BC companies has already been adopted in the CTA @ Boston program, through the application process in March 2014. These companies belong.

If you are looking Precision Nanosystems, Arazy Group, and Ayogo Health

What Are You Waiting For

for the next way, your technology to grow business, put the Canadians? Trade Commission for more information:

Thierry White, Age Trade Commissioner, Boston
(617) 247-5150

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