Three Vancouver tech startups admitted to Waterloo incubator

Three alumni of Vancouver's Centre4Growth accelerator – BeanEvo, ESL Explorer and ViewsIQ – are among the 11 Canadian startups that have been accepted into a ...

BCTIA CEO Bill Tam

Three alumni of Vancouver's Centre4Growth accelerator – BeanEvo, ESL Explorer and ViewsIQ – are among the 11 Canadian startups that have been accepted into a new Waterloo-based incubator called Hyperdrive.

The new $30 million incubator prepares startups over a two-year period to obtain series A investment. Participants accepted in to the program do a three-month "sprint" in Waterloo focusing on customer and market validation.

Over the next two years, they receive mentorship and $100,000 worth of support services such as like accounting and legal services. They also will spend a week in New York City meeting potential customers and investors.

The Vancouver startups were introduced to the Hyperdrive program through their participation in the BC Technology Industry Association's Centre4Growth.

"We're thrilled to see three of our Centre4Growth companies chosen to join the second cohort at Hyperdrive," said BCTIA CEO Bill Tam.

"By bringing the right resources to our community, we can affect the growth of small companies into mid-sized, advancing our industry and economy."

ViewsIQ has developed a program called Panoptiq for the medical field that turns images from a microscope into interactive digital slides.

BeanEVO describes itself as "web-based accounts payable solution designed to save time and costs processing invoices."

ESL Explorer is a web-based service that matches people from around the world with the best cities and schools to study English in Canada, the U.S., England, Australia and other English-speaking countries.

nbennett@biv.com

@nbennett_biv

comments powered by Disqus

Also Read

More From Innovation

Tyler Orton discusses Apple stocks jumping in after-hours trading

Read Article

Tech companies helping keep data pirates and identity thieves at bay  

Read Article

Fast-growing Vancouver companies compete to make in-house HR software   

Read Article

UBC and SFU have churned out more than 200 spinoffs the past 30 years, but as many as a quarter haven’t survived 

Read Article

Subscribe to our mailing lists

* indicates required

Newsletters

* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
×