Communitech HYPERDRIVE

Communitech HYPERDRIVE

Communitech HYPERDRIVE is a startup incubator that provides enhanced mentorship and other life cycle services to early-stage tech companies. The goal of the program is to maximize the ability of these companies to commercialize innovations and prepare them for investment opportunities. The program also enables 'soft landings' for experience in foreign markets, and higher visibility for investment sources and business connections.

Accelerators & Incubators

News on Communitech HYPERDRIVE

Communitech Retires HYPERDRIVE in Favor of Sales Accelerator Named Rev
Late last year Communitech's HYPERDRIVE welcomed applications for their fifth cohort with a new investment thesis, one that gave priority to companies with female co-founders. This morning the... more
Canadian Accelerator to Give Priority to Female Founders
Today Waterloo's HYPERDRIVE reminded us that applications for their fifth cohort are open until Novermber 30th and that this time around they will be championing female co-founders. According to... more
Collaborative Video App Turns Moments into Memorable Events
It’s the middle of winter, and with the wind-chill factor approaching -35 C, you’ve decided to escape on a Caribbean cruise. That’s 10 days away with three of your friends, seven... more
Hyperdrive Grad Beanworks Heads to San Francisco to Pitch Blumberg Capital
One of the best things about an accelerator is watching the steady stream of new companies coming in – but it’s just as gratifying when an alumni company reports back after moving on... more
Duncan McDowell on How AngelPad Changed His Startup’s Perspective
They call them accelerator programs for a reason. Time really flies. It was only four months ago that we chatted with Duncan McDowell as he finished his stint working for Communitech and prepared... more
Three Changes Communitech is Making to Its Hyperdrive Accelerator This Round
Every group or cohort of companies going through the HYPERDRIVE program has had a different experience. Not dramatically different, but different in the one way that is most important—because... more
Communitech Unveils Fourth Hyperdrive Cohort Consisting of Five Startups
Communitech's accelerator, Hyperdrive, has unveiled its fourth cohort. The cohort consists of five startups: BitHound, Clipter, Structur3D Printing, Wagepoint, and WestonExpressions. BitHound... more
A Startup's Guide to BDC Venture Capital's Convertible Notes Program
Although it has been around for a while now, some entrepreneurs still don't understand exactly what BDC Venture Capital's convertible note program. This guide is here to aid them. There are more... more
Communitech Hyperdrive Grad Tacit Innovations Raises $700,000 Seed Round from BDC and Others
Tacit Innovations has raised a seed round. Tacit, which graduated from the most recent cohort of Communitech's Hyperdrive accelerator, raised $700,000. The capital comes from BDC, Canrock,... more
Canadian Media Fund Launches Accelerator Partnership Program to Help Fund Startups
The Canadian Media Fund (CMF) recently announced that they will be launching the CMF Accelerator Partnership Pilot Program, which will award $360,000 of additional funds to startups participating... more
Battling with Gratitude: When Perspective is the Best Medicine
Some might say that Scott Barker and Jim Moss are determined. Some may even go so far to call them stubborn. Describe them as you will, but their similar journey from pro athlete to battling... more
Communitech's Hyperdrive Accelerator Experiences Trend of More Female Founders
At least Canadian accelerator is expriencing a positive trend: more female startup founders. In the first cohort that went through Communitech's Hyperdrive program, not a single founder was... more
Communitech Unveils the 11 Startups in Hyperdrive's Third Cohort
Waterloo-based Communitech announced recently that it made some changes to its Hyperdrive accelerator ahead of its third cohort of startups. Now it's unveiled that third cohort. "The intent... more
Communitech Tweaks Hyperdrive Ahead of Third Cohort
Waterloo-based Communitech announced recently that it's making some changes to its Hyperdrive accelerator ahead of its third cohort of startups. Here are the changes being made to Hyperdrive:... more
Hyperdrive Graduate Incentivibe Acquired Six Months After Launch by Rebellion Media
Canadian startup Incentivibe has been acquired by Rebellion Media for an undisclosed sum. The Waterloo-based company is a graduate of Communitech's Hyperdrive incubator. It was a member of the... more
Communitech Hyperdrive Opens Applications for Third Cohort
Communitech's Hyperdrive incubator has opened applications for its third cohort of startups. Since its creation a year ago, Hyperdrive has admitted 18 companies in two cohorts of a $30-million... more
Waterloo's Hyperdrive Announces Second Cohort of Startups
Despite a small population, Waterloo has been recognized one of the world's best startup ecosystems and praised by well-respected investors. In 2007, the city hosted 443 technology companies and... more
Communitech's Hyperdrive Program Casts Net Across Canada for Startups
Communitech's Hyperdrive program is hosting startup recruiting events in Vancouver and Toronto this month to encourage applications from some of Canada’s most promising entrepreneurs. The... more
Communitech Unveils First Seven Startups for Hyperdrive Accelerator Program
Communitech today announced the first cohort of companies participating in Hyperdrive, its $30 million startup accelerator. The first cohort consists of seven startups. Hyperdrive is designed to... more
MaRS Investment Accelerator Fund Joins Communitech's Hyperdrive Program
Communitech announced this morning that it has added the MaRS Investment Accelerator Fund as a funding partner in its Hyperdrive program. Part of the Ontario Network of Excellence, IAF is funded... more
Communitech Appoints Big Names in Canadian Tech to Hyperdrive Program
Communitech HYPERDRIVE has added entrepreneurs Ted Hastings and Steven Woods as advisors. Hastings, a serial entrepreneur in online publishing, and Woods, Engineering Director for Google in Canada,... more
Communitech's HYPERDRIVE Joins FounderFuel and JOLT in TechStars Canadian Network
Last month Techvibes reported that Toronto's JOLT had become a member of the Global Accelerator Network (formerly TechStars network). The Global Accelerator Network (GAN) is an alliance championed... more
Communitech's HYPERDRIVE Accelerator Issues Final Call for Entrepreneurs to Apply
Waterloo-based Communitech is making a final call for applications for it new HYPERDRIVE acclerator. Interested entrepreneurs have until June 4 to apply to the $30 million program to seed, fund,... more
Here are the High-Profile Funders Behind Communitech's $30 Million Hyperdrive Incubator
Hyperdrive is Communitech's new $30 million technology startup incubator based in Ontario. When it was first announced a week ago, Communitech didn't reveal any of the funders. Today, they have.... more
Buckle Up: Communitech Puts Canadian Innovation into Hyperdrive with $30 Million Fund for Tech Startups
Waterloo-based Communitech, a regional hub for the commercialization of technologies, has launched a new program called Hyperdrive. This initiative is a $30-million wallet for high-potential... more

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