The Accelerator Centre Announces the Top 50 Companies Moving into Next Phase of its Venture Studio Program
The companies will move into Phase 2 of the AC’s innovative AC:Studio program and receive an additional $30,000 in seed funding from FedDev Ontario, mentorship from the AC’s award-winning mentor team, and tactical supports from industry experts like Uvaro, SnapPea Design, and Conestoga College.
“Our aim with the AC:Studio program is to identify startup founders with the potential to build globally successful businesses that make significant economic impact,” says AC CEO, Jay Krishnan. “Through this new model, we can quickly identify the best-of-the-best and double down on supporting those companies. We’re excited and encouraged by our early results and the positive feedback from founders, and we look forward to the next phase of this high- impact model. Through the next phase of the program, we intend to provide companies with more capital, corporate partnerships, strategic mentorship, and additional hands- on tactical support—accelerating the time it takes them to reach escape velocity and scale”.
Vessl Prosthetics joined Phase 2 of AC:Studio in May of 2023.