Last Day To Apply For ExtremeU - Canada's First Summer Start-Up Program

Posted by Varun Mathur

Today is the last day to apply for ExtremeU - a 12 week summer start-up program based in Toronto starting on June 22nd. It is backed by Extreme Venture Partners (investor in popular local start-ups such as BumpTop and Kontagent) and headed by Farhan Thawar, who was previously Chief Software Architect at I Love Rewards and prior to that was the Head of Search and MSN Platform for Microsoft Canada.

ExtremeU is looking for around 4 teams to fund this summer, with preferably 2-3 founders in each (with atleast one founder being technically oriented). Folks who have done interesting things in the past would probably have a better chance of getting accepted in the program, which is bound to be fairly competitive, given what it offers to entrepreneurs:

  • Basic seed funding (US$5000 per founder in return for 10% equity in the venture).
  • Office space / shared resources for product development (servers, etc). ExtremeVP's thriving product development subsidiary, XtremeLabs, is co-located there as well - and given that Farhan is also the VP Engineering there - the opportunity to benefit from that experience would be incredible for teams in the program.
  • Mentorship and access to industry connections throughout the summer. 

By the end of the summer, teams are expected to demo their product at Toronto's DemoCamp and/or possibly to a set of investors as well for further funding (including Extreme Venture Partners).

The application form is straightforward and if you know what you are doing, shouldn't take long to fill out. Apply here. Some selected teams would be called for interviews and the ones accepted would be announced shortly thereafter as well. Stay tuned for more updates throughout the summer from the first such program of its kind in Canada!

Company:
Bump Technologies Inc.
Website:
http://www.bumptop.com
Location:
Toronto, Ontario, Canada

Bump Technologies Inc. is a Toronto, Ontario, Canada-based company that has created and brought to market BumpTop, an innovative 3D user interface enabling natural organization and sharing. The technology was demonstrated at TED, the annual, invitation-only "Technology, Entertainment, Design" conference where the world's leading thinkers and doers gather to find inspiration; based on its success there, it received... more

Company:
Kontagent
Website:
http://www.kontagent.com
Location:
Toronto, Ontario, Canada

Kontagent is the leading enterprise user analytics platform for social and mobile application developers, marketers and producers. Kontagent tracks more than 1,000 applications, over 100 million monthly active users, and in excess of 10,000 messages every second for customers around the globe. Founded in 2007, the company is headquartered in San Francisco with additional offices in Toronto and London. For more... more

Company:
Extreme Venture Partners
Website:
http://www.extremevp.com
Location:
Toronto, Ontario, Canada

Extreme Venture Partners is focused on providing early stage venture capital. We recognize that sometimes all that is needed to propel a good idea into greatness is a small amount of funding and support from a seasoned team of technology and business alumnus. We bring together the agility and eagerness of an angel investor with the structure and support of venture capitalists. more


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Varun Mathur

Varun Mathur

Varun Mathur is the Techvibes Community Manager in Toronto, focused on covering local tech startups, news and events. He is also a Co-founder and Product Manager at Zytran, a Toronto-based web startup which developed and launched Alertle.com - a personal news aggregator (Alertle's version 1.0 got widespread global coverage, with reviews written about it in various tech blogs and in over a dozen... more



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