Funds $ 0 per founder
Takes 0% equity
Funds 18 startups per year
Markets B2B/Enterprise Finance Internet of Things Media Web +6
Invests in North America Canada
+7
Propel ICT is Atlantic Canada’s startup accelerator. It is a private sector led, not-for-profit organization that helps new or emerging companies take ideas to market and build successful businesses. Founded in Saint John, New Brunswick, in 2004, Propel ICT has grown to support entrepreneurs in all parts of Atlantic Canada.

Propel ICT’S volunteer coaches and mentors support entrepreneurs as they build innovative solutions, create jobs and drive new opportunities throughout the region. Recognized as one of Canada’s top startup accelerators, Propel ICT delivers clear ROI. Every dollar invested in Propel ICT’s programs yields a $19 return to taxpayers. That’s the best Accelerator ROI in Canada.

Quick Facts:

- Propel ICT has helped support the launch and growth of 75 companies including Radian6, Mariner Partners, Shift Energy, Smart Skin and Resson Aerospace.
- Propel ICT’s Launch36 program launched 49 companies in less than three years, significantly exceeding its target...
Propel ICT is Atlantic Canada’s startup accelerator. It is a private sector led, not-for-profit organization that helps new or emerging companies take ideas to market and build successful businesses. Founded in Saint John, New Brunswick, in 2004, Propel ICT has grown to support entrepreneurs in all parts of Atlantic Canada.

Propel ICT’S volunteer coaches and mentors support entrepreneurs as they build innovative solutions, create jobs and drive new opportunities throughout the region. Recognized as one of Canada’s top startup accelerators, Propel ICT delivers clear ROI. Every dollar invested in Propel ICT’s programs yields a $19 return to taxpayers. That’s the best Accelerator ROI in Canada.

Quick Facts:

- Propel ICT has helped support the launch and growth of 75 companies including Radian6, Mariner Partners, Shift Energy, Smart Skin and Resson Aerospace.
- Propel ICT’s Launch36 program launched 49 companies in less than three years, significantly exceeding its target of 36 companies in three years.
- Propel ICT companies have created hundreds of jobs in Atlantic Canada.
- Propel ICT companies have raised over $1.2 billion in venture capital investment.
- The average salary at a Propel ICT company is $70,000.
- Propel ICT works closely with community partner organizations like Planet Hatch in Fredericton, Volta Startup House in Halifax, Common Ground in St. John’s and Futurepreneur. Propel ICT will continue to add more community partners.
- Propel ICT volunteers throughout Atlantic Canada – coaches and mentors – dedicate thousands of hours each year to the program.
- Propel ICT is one of 15 organizations across Canada to receive support under the federal government’s Canada Accelerator and Incubator Program (CAIP). Propel ICT will receive up to $2.9 million over five years to support and extend its efforts.
- Propel ICT offers two program streams: Launch for new or pre-revenue companies, and Build, for companies seeking rapid growth.
More information

Staff

Al Sturgeon
Admin
Gerry Pond
Admin

Investors

Gerry Pond
Admin