TORONTO, May 6, 2014 /CNW/ - A significant infusion of start-up energy
has descended on Toronto for the summer. The Next 36, Canada's premiere
accelerator of entrepreneurial talent has welcomed a record number of
co-founders and ventures for the intense summer portion of its
entrepreneurship institute. After working remotely for five months, the
summer program officially launched on Monday with Prototype Day at
Toronto's TMX Centre. The young founders of 31 ventures pitched their
businesses to a select audience of mentors, peers and investors.
Supported by more than 200 Canadian business leaders - including W.
Galen Weston, Jimmy Pattison and the late Paul Desmarais Sr. as
founding patrons - The Next 36 aims to transform the country's most
promising young people into high-impact entrepreneurs and nation
builders. This summer also features the inaugural cohort of The Next
Founders, a new program designed to deliver entrepreneurial education
to young founders of rapidly growing technology companies.
Entrepreneurs in this year's cohort hail from universities across Canada
and the United States. With the support of top-level mentors,
world-class faculty and invaluable resources, each set of co-founders
is tasked with building or growing a tech-focused company that can
2014 ventures are creating solutions to major problems faced by
industries including health care, energy, real estate, social
networking and e-commerce. Notable pitches at Prototype Day included: GridCure- solving the smart-grid analytics issue, Onyx Motion - a smart watch for sports technique feedback, Brizi - building an aerial drone that audiences can interact with, Bombe - a cloud-based data processing platform for scientists, Fixo - a platform that streamlines communication between property managers
and tenants, and Eve Medical - a medical device company focused on women's health.
"The Summer Institute provides a unique combination of theory and
practice in the context of forming, financing, and growing a high
technology venture", says Ajay Agrawal, academic director and
co-founder, The Next 36. "Participants work closely with highly
accomplished entrepreneurs, industry leaders, academics, and investors.
Many alumni from prior cohorts describe the summer experience as
transformational in terms of the expectations they set for themselves
as individuals and what they seek to achieve with their future
The Next 36's entrepreneurship institute concludes with Venture Day on
August 12th at MaRS Discovery District, where N36 startups will pitch for
investment from some of Canada's top angel investors and venture
Previous N36 alumni have founded Kira Talent, Seamless Mobile Health, and Thalmic Labs, who have raised over $15.5 million in funding.
For more information, please visit: www.thenextfounders.ca and www.thenext36.ca
SOURCE: The Next 36
For further information:
Director, Marketing & Events, The Next 36