Ten companies have been named to the kickoff cohort of Communitech Rev, a new type of accelerator program to help companies focus specifically on revenue growth.
The companies are:
- Advolve Media, a Winnipeg-based company that produces interactive displays, including “mirage mirrors,” which deliver ads and promotions to high-traffic indoor locations, such as restaurants
- Aterlo Networks, based in Waterloo Region, which helps people with bandwidth- or usage-limited Internet service access streaming media services such as Netflix
- Blitzen, a Waterloo Region company whose B2B web application allows users to build powerful online forms, synchronize the data across cloud apps and automate workflows quickly and simply
- Bridgit, a Waterloo Region company whose mobile software lets general contractors, engineering consultants, architects, owners and subcontractors collaborate to manage construction-site tasks in real time
- MetricWire, a Waterloo Region company whose software helps pharmaceutical companies to dramatically improve clinical trial success rates, by enabling real-time insights that lead to faster and smarter decisions
- Nicoya Lifesciences, a Waterloo Region biotech company that makes currently expensive scientific instruments accessible to everyone
- Nix Sensor, a Hamilton, Ont. company whose product is a real-life colour eyedropper that you can touch to any surface for an accurate colour reading that is sent to your smartphone in seconds
- PiinPoint, a Waterloo Region company whose analytics help retail businesses choose successful locations
- Set Scouter, a Toronto company that connects filmmakers and producers with property owners looking to rent their spaces for film shoots
- Silqe, a Waterloo Region company that makes finding and analyzing corporate financial data as easy as a Google search
“We were incredibly impressed with the quality of startups that applied,” said Sam Legge, Communitech Rev Program Manager. “All the companies chosen have exciting technology that solve real problems, and Rev will help them build out their sales functions and provide resources to help scale their companies.”
Communitech Rev is unique among accelerators for its focus on sales as well as the fact it does not take equity in participating companies.
Participating companies will spend six months at the Communitech Hub and receive sales-focused programming, access to mentors and introductions to potential customers and investors.
“This is really about going beyond building great startups,” said Steve McCartney, Vice-President of the Startup Services Group at Communitech. “It’s about building the next generation of globally competitive tech companies.”
A launch event will be held at the Communitech Hub on March 31 at 5 p.m., and attendees can register here.