Waterloo-region startup ClevrU has become the first graduate from the combined Accelerator Program, announced by the Accelerator Centre and Communitech last November. The startup was recognized in a graduation ceremony held on Thursday at The Communitech Hub.
About the program
The Accelerator Program helps early-stage companies move to the "next level" by providing access to accelerator services in the David Johnston Research and Technology Park and from Communitech at The Communitech Hub.
Founded in September 2010, ClevrU is in the field of of learning through mobile devices using intelligent e-teaching technology. Dubbed the "Facebook of Education" by early adopters, the company has been a client of the Accelerator Program and a resident of The Hub since October.
What they're saying
"ClevrU's rapid movement through the program's phases of maturity and its booming staff numbers have fast-tracked the company for graduation," explains Tim Ellis, COO of the Accelerator Centre. “The rapid success of ClevrU owes in large part to the incredible work of Communitech and the Accelerator Centre. These organizations are pushing Waterloo Region to the forefront of the new knowledge economy, and creating high-paying local jobs along the way. Congratulations to all on such an incredible accomplishment, and impressive demonstration of innovative partnership,” said Glen Murray, Ontario’s Minister of Research and Innovation.
“It’s been a whirlwind experience for our company. In just months we have exploded onto the world stage, landing key trial agreements with international clients and doubled in our staff numbers," says Dana Fox, ClevrU President and CEO. "The support and mentorship we have received from the Accelerator Program has been invaluable. We can go forward to do business with the world knowing we have a depth of expertise behind us that is absolutely the best the world has to offer."
“The graduation celebration is a testament to the new joint program and the ability to jump-start businesses in Waterloo Region," said Tim Jackson, CEO of the Accelerator Centre. "Which is something both the AC and Communitech have been successful in doing for many years and in which we’ve now joined forces for the benefit of our early-stage company clients.
“It’s exciting to see companies ‘graduate’ from the program less than four months after the official launch of the joint Accelerator Program,” said Iain Klugman, President and CEO of Communitech.