Vancouver-based Wavefront, today announced it has signed an agreement with the British Columbia Innovation Council to launch the Venture Acceleration Program.
The program is a part of the BCIC Acceleration Network and will be supported by the BCIC.
“Wavefront is delighted to join the BCIC Acceleration Network, giving wireless entrepreneurs in BC access to valuable executive-level mentorship from tried and tested technology leaders,” said James Maynard, President and CEO, Wavefront. “The Venture Acceleration Program is one more way that Wavefront is accelerating the growth and success of wireless companies in BC by connecting them with the critical resources they need to effectively grow their business.”
“Through the BC Jobs Plan, we will continue to leverage the more than $1.8 billion we have already invested in research and innovation to develop the commercial opportunities of tomorrow,” said John Yap, Minister of Advanced Education, Innovation and Technology. “The world knows that BC companies innovate, improve and deliver.”
Through this new agreement with BCIC, Wavefront will offer the Venture Acceleration Program at its 20,000 square foot Accelerator Centre in downtown Vancouver. The Program includes structured access to valuable one-on-one coaching opportunities with experienced Executives in Residence and mentors, comprehensive training sessions and business clinics, and access to other Wavefront services including international market linkages, wireless training programs and events, state of the art wireless product development and testing infrastructure, and a mobile device library with more than 400 handsets and tablets.
“Wavefront’s strong reputation as the national provider of acceleration and commercialization services to wireless technology companies in Canada makes them an invaluable addition to the network,” said Dean Prelazzi, Managing Director of the BCIC Acceleration Network. “Adding the structure of the Venture Acceleration Program to their portfolio of services creates a program of unprecedented value to early stage companies in BC’s wireless sector."
The Venture Acceleration Program costs startups $200 per month. According to Wavefront, the program can accommodate wireless companies working out of their own existing offices, or those who choose to work directly out of the Accelerator Centre in work spaces ranging from shared drop-in desks to private offices.
Applications to join the Program are accepted on an ongoing basis, the company says.