INcubes and the Canadian Youth Business Foundation Partner to support Canadian entrepreneurs
Organizations will join forces to foster high-potential Canadian entrepreneurial companies.
Toronto, Canada – May 15th, 2013 – INcubes, an internet startup accelerator based in Toronto, and the Canadian Youth Business Foundation (CYBF), are pleased to announce that they have partnered to provide financing and support to companies chosen for the INcubes Accelerator.
In partnering, the two organizations will be able to offer more resources to ensure the success of companies going through INcubes’ intensive three-month acceleration.
“INcubes provides mentorship-based acceleration structured around an intensive curriculum,” stated Bryan Watson, Director of Special Projects and Connector in Residence at INcubes. “With this sort of support, high-potential companies are able to garner the resources they need to grow and succeed, securing customers and investors along the way.”
“We at CYBF are excited to find such an impressive partner to extend our current commitment to innovative start ups,” said Tessa Mintz, Vice President, Volunteers and Programs. “We look forward to working together to help young entrepreneurs get the tools they need to start and run successful businesses.”
Through a shared intake process, the InCubes fourth cohort may receive $15,000 in start-up financing from CYBF as part of the new partnership arrangement. INcubes looks for startup companies with strong coachable teams building an unique and innovative product or service. Applications for the summer cohort are open until May 24th, 2013.
Startups looking to apply, please visit incubes.ca.
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INcubes is a Toronto-based accelerator. The three-month, intensive, structured curriculum is mentor-based and is designed to transform early start-up teams with disruptive technologies into high-potential investor- and market-ready companies. For more information, visit: INcubes.ca.
About the Canadian Youth Business Foundation
The Canadian Youth Business Foundation (CYBF) is a national non-profit organization dedicated to growing our nation’s economy one young entrepreneur at a time. CYBF looks at character not collateral, when providing youth, age 18-39, with pre-launch coaching, business resources, start-up financing and mentoring, to help them launch and sustain a successful entrepreneurial business. CYBF has been recognized as a global leader in advancing youth entrepreneurship, is a founding member of the global G20 Young Entrepreneurs’ Alliance (G20 YEA) and the Canadian Host of Global Entrepreneurship Week (November 18-24, 2013). Visit www.cybf.ca.