Last Updated on June 4, 2014 by New-Startups Team
Toronto based accelerator INcubes works with up-and-coming startups along with innovative entrepreneurs to craft solid businesses out of revolutionary products and ideas. Since we first shared INcubes, the program has seen extreme growth in Toronto along with national acclaim. Having received almost 2,000 applications, partnered with over 120 mentors, and nurtured a portfolio of 20 companies, INcubes also happily garnered it’s first exit last December, when startup Hovr.it was acquired by Slyce Inc.
Now the program is moving international, no longer just a Canadian hub for startup growth, the organization has attracted partners, mentors and investors in countries such as North America, Latin America, Europe, Asia and the Middle East. They’ve accompanied this success with a new program to coincide with their Funnel and Acceleration program, which is called the INcubes International Exchange Program (IIEP).
The purpose is to give back to each graduate from the Accelerator Program with a chance to visit partner locations, work from the space they provide, and get referrals from partner hubs and accelerators to help access local markets across the world. Some of the partners INcubes is working with are Level39 in London, Hatchery in New York, The Dec in Dallas, Cyberport in Hong Kong, ATP Innovations in Sidney, 21212 in Rio and a handful of others.
The international partnerships lets Canadian startups expand globally with reaches that are now ever extending. Founder of INcubes, Ben Zlotnick tells us “The Exchange Program will allow the graduating companies the ability to gain a foothold in other regions that they would not have previously been able to do with such efficiency.”
If you’re a startup with global potential you can learn more about their accelerator program on the website.