Ontario Announces Recipients of New Accelerator Fund

Posted by Techvibes NewsDesk

Yesterday Ontario announced the first recipients of the Youth Investment Accelerator Fund Program (Youth IAF).

Launched in 2013 as part of Ontario's Youth Jobs Strategy, the program invests in technology-based start-ups founded by entrepreneurs under the age of 30.

The Youth IAF is designed to accelerate the commercialization of innovative technologies in Ontario by investing up to $250,000 per eligible company. The first recipients of funding are:

PUSH - a sports-science technology start-up that helps optimize training by instantly transmitting feedback about an athlete's movements. PUSH allows customized workouts, performance monitoring and instant progress review.

Rubikloud - a platform that processes massive amounts of e-commerce data and delivers insight into how revenue, conversions, traffic and application performance impact business.

Soapbox - an innovation management tool that helps maximize engagement through ideas. Employees add ideas, vote, discuss and get a response. Leaders are able to make better decisions faster, while engaging with the people they employ.

Greengage Mobile - helps organizations meet sustainability goals, such as decreasing their environmental footprint or improving the local community. Using a mobile device, employees can earn points, receive rewards and compete with co-workers, while helping the company reach its goals. Progress metrics are available on demand, so employee engagement and results are immediately tracked.

Helping young people find jobs is part of the Ontario government's economic plan to invest in people, build modern infrastructure and support a dynamic and innovative business climate.

Company:
Nudge Rewards
Website:
http://www.nudgerewards.com
Location:
Toronto, Ontario, Canada

Nudge Rewards helps organizations engage people in community volunteerism, sustainability, and health and wellness programs. The Nudge platform harnesses the combined power of mobile apps, rewards and analytics to empower employee engagement, drive positive behaviour change and deliver measurable business results. Recognized as one of Canada’s top emerging technology companies, Nudge works with private sector,... more

Company:
PUSH
Website:
http://www.PUSHstrength.com
Location:
Toronto, Ontario, Canada

PUSH is an app-enabled fitness device for analyzing, managing, and tracking the progress of your weight-training. PUSH's user-friendly smart device attaches to common weight-lifting equipment allowing anyone from a pro-athlete to a casual fitness-lover to track and analyze performance and progress using a smart phone. Our vision is to prevent injuries and improve performance for all athletes through smart... more

Company:
Rubikloud
Website:
http://www.rubikloud.com
Location:
Toronto, Ontario, Canada

Rubikloud is a real-time big data company that targets online retailers and any business who cares about conversion. We have built a new platform for processing, analyzing, and searching continuous streams of data. Our platform will connect, process, and interpret any data source in real-time. We believe the next evolution of big data is processing what you need, when you need it, and allowing any user to easily... 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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