Funds $ 40K per team
Takes 7.27% equity
Markets Biotech Health/Medical Software Software Development Web +3
NOTES ON FUNDING:
$55,000 of initial funding [equity + loan]
$150,000 convertible note on successful completion of 3-month sprint
$500,000 from leading VCs when ready to scale at 4-month intervals throughout the 24-month program

Why We are different:

We focus on validation and growth:
It takes longer than three months to build a successful business. With follow-on funding and up to 24 months of top-tier mentorship, our goal is to help HYPERDRIVE companies accelerate the commercialization of their technology, and ensure long-term sustainability.

We know it takes a community:
HYPERDRIVE’S home is the Communitech Hub―the coolest workspace in Canada―located in the heart of Waterloo Region. The area has the largest pool of engineering talent outside Silicon Valley. HYPERDRIVE also offers Soft-Landing spots in New York City and other hotbeds of innovation to give HYPERDRIVE companies worldwide validation and the ability to scale across borders.

We give you access to the Communitech ne...
NOTES ON FUNDING:
$55,000 of initial funding [equity + loan]
$150,000 convertible note on successful completion of 3-month sprint
$500,000 from leading VCs when ready to scale at 4-month intervals throughout the 24-month program

Why We are different:

We focus on validation and growth:
It takes longer than three months to build a successful business. With follow-on funding and up to 24 months of top-tier mentorship, our goal is to help HYPERDRIVE companies accelerate the commercialization of their technology, and ensure long-term sustainability.

We know it takes a community:
HYPERDRIVE’S home is the Communitech Hub―the coolest workspace in Canada―located in the heart of Waterloo Region. The area has the largest pool of engineering talent outside Silicon Valley. HYPERDRIVE also offers Soft-Landing spots in New York City and other hotbeds of innovation to give HYPERDRIVE companies worldwide validation and the ability to scale across borders.

We give you access to the Communitech network:
With more than 15 years of collaboration with top tech entrepreneurs, experts, investors, service providers and other startup-focused organizations such as VeloCity and the Accelerator Centre, Communitech has helped foster a thriving tech ecosystem in Waterloo Region, Ontario and Canada. Communitech offers programs for tech companies beyond the startup phase and works closely with midsize and multinational companies. To see Communitech’s impact, click here.

You meet capital and industry leaders:
With over 35 Capital and 24 Industry Collision Days annually, HYPERDRIVE companies get access to capital partners and industry leaders in a variety of markets.

Christie Digital - Digital Signage Stream:
One-to-two companies per cohort will participate in this program debuting February 2014.Selected companies will have access to the expertise of Christie Digital's digital projection market as well as a select group of mentors with relevant market experience, in addition to HD programming.
More information

Staff

Kory James
Admin