Toronto's INcubes Sifts Through 400 Applications to Select Fourth Cohort

Posted by Techvibes NewsDesk

[IN]cubes logo

In the fall of 2011 Techvibes reported that a new incubator was launching in Toronto called INcubes.

Twenty months later and they're already on to their fourth intake and last week they announced their most recent cohort. 

According to INcubes founder and CEO Ben Zlotnick they had close to 400 applications to sift through this time around and the upcoming summer program will have a "high focus on building revenue generating businesses."

The seven companies joining Incubes are ARB Labs, Fashion Forward, AppGeek, Lightning Platform, Modreal, Alertly, and Qoints.

Over the past three years, dozens of accelerators and accelerator-like programs have emerged in Canada. However, there is debate about their value—do accelerators hurt startups, and can the accelerators themselves succeed?

New research by MaRS Data Catalyst last week provided a "fact-based foundation for discussion." The report cites Canada as having seven "true" accelerators: GrowLab in Vancouver; Hyperdrive in Waterloo; FounderFuel in Montreal; and Extreme Startups, INcubes, Jolt, and Utest in Toronto.

Check out MaRS' visualization of Canadian accelerator data here, including how many offer equity for funding, how big the ecosystem is in terms of mentors and founders, and the selection process.

Company:
INcubes
Website:
http://www.incubes.ca
Location:
Toronto, Ontario, Canada

[IN]cubes is a Toronto based INcubator and accelerator that sources emerging entrepreneurs and talented startup teams, and graduates qualified businesses with innovative products and ideas towards their first round of capital. [IN]cubes connects with the most forward-thinking and grass-roots Canadian talent with the goals of transforming their new and disruptive technologies into international sensations. more

Company:
AppGeek
Website:
http://www.appgk.com
Location:
Toronto, Ontario, Canada

AppGeek- Do more with your Smartphone. The AppGeek system analyzes your personality and goals and connects you to the latest and greatest in Apps, Innovations, and Experiences. AppGeek is based on one fundamental belief- Smartphone users can improve their individual performance by using Technology best suited to their personality and goals. more

Company:
Qoints
Website:
http://www.qoints.com
Location:
Toronto, Ontario, Canada

Qoints makes it easier for brands to deploy promotions (contests, coupons, samples, sweepstakes, etc…). It more accurately targets fans and followers most interested in a particular type of promotion, and has a built-in incentive program to help further the social reach of the opportunity being offered. For consumers, Qoints makes it incredibly easy to seek out exclusive opportunities from the brands they like and... more

Company:
Fashion Forward
Website:
http://www.fashion-forward.ca
Location:
Toronto, Ontario, Canada

We are a social marketplace allowing users to capitalize on their closets. Users can buy/sell new or nearly new fashion using our local meetup platform, which eliminates all the risks and hassles of shipping fashion. more

Company:
Modreal
Website:
http://www.modreal.com
Location:
Toronto, Ontario, Canada

Modreal is a personal online lookbook, letting fashion-lovers connect to brands and browse the latest styles as seen on real people. It’s an addictive experience for those who love to share their outfits and talk about fashion on social media. Modreal uses a crowd-sourced model that builds valuable “fashion intelligence” for brands to tap into, turning qualitative data into revenue through an innovative B2B... more

Company:
Alertly
Website:
http://www.alertly.co
Location:
Toronto, Ontario, Canada

Alertly is your personal alarm system for your home, office, or car. Other security services charge a fortune for both installation & monitoring. Alertly allows you to protect your family and your property at a significantly lower cost. With a simple plug and play device and sensors, you can remotely control & monitor your security on the web and via mobile devices. Alertly is also a great platform for developers... more

Company:
Lightning Platform
Website:
http://www.lightningplatform.com
Location:
Toronto, Ontario, Canada

Lightning Developers want to build their products and get them to market fast! Lightning Platform is a suite of tools deployed on the cloud as a software as a service (SaaS) to help them do that. Lightning is the first of its’ kind. It’s a flexible application management system that helps developers build social applications like games, websites and mobile apps, monitor user interactions and performance, and... more

Company:
ARB Labs Inc.
Website:
http://www.arblabs.com
Location:
Toronto, Ontario, Canada

ARB Labs Inc. specializes in enterprise grade gesture recognition technology. ARB Labs' proprietary gesture recognition engine draws from a database of over 70,000 human gestures and can analyze them with an accuracy rate of 98.9% at the rate of six hundred frames per second (humans see at thirty frames per second). This extreme precision allows individual movements to be tied to software triggers for interaction... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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