LAUNCH 36 BI-ANNUAL UPDATES ( FEBRUARY 2013)

Bi-annual update
Ash Maurya author of Running Lean at the Lean Startup workshop

The Propel ICT team has been very busy since our last Demo Day event. As a Propel ICT sponsor organization, allow us to take a few minutes and update you on what weve been working on and where your contribution is being invested.

Through our very popular and successful Launch36 Accelerator program, entrepreneurs from across the East Coast of Canada follow a rigorous 5 month program aimed to push them to their limits and be venture ready by Demo Day where they will be pitching in front of a room full of investors, venture capitalists, etc. To get them there, they participate in weekly Fireside chats, multiple workshops and investor pitch readiness activities every chance they get. Our Fireside Chat series of weekly 3 hour working sessions given by a subject matter expert (SME) to the cohort with participation from our mentor network and sponsors. This does not only give them information on the subjects but also an opportunity to create meaningful connections with the individuals and companies within the Launch36 network.

Some of our past SME include:

Dan Martell (Clarity.fm) Rob Cowan (McInnes Cooper) Scott Walton (Enovex) Michael Dunleavy & Colin Wrynn (Labarge Weinstein) Ian Cavanaugh (Ambir) Jeff Grammar (RHO Canada Ventures)

We kicked off the accelerator program with a Lean Startup workshop conducted by Ash Maurya, the author of Running Lean. This workshop was held in Halifax, NS and had over 100 entrepreneurs in attendance. This event gave the Launch36 teams a chance to learn our customer and market development methodology and to receive one-on-one mentorship with Ash after the public workshop. Recently, our cohort attended a 4-day Phasemap workshop (previously known as The Next Phase workshop). Each team spent 4 days focused on how to get investor ready and develop their execution strategy with the help of Toon Nagtegaal as well as David Crow from OMERS.Ventures.

(Above: Dan Martel from Clarity explaining the importance of mentorship)

LAUNCH 36 BI-ANNUAL UPDATES ( FEBRUARY 2013)

Also, we are pleased to announce, with the help of Fortis Properties, we have recently opened a collaboration space in the Blue Cross Building on Main St in Moncton, NB. The goal of this space is to provide the startup community a space to facilitate the acceleration of entrepreneurialism across the region. Opportunities for sponsor engagement Office Hours- Launch36 Office Hours are scheduled meetings between startup Entrepreneurs and yourselves to ask questions about problem(s) they face running their startup. Each session includes elaborate questioning (asking the tough questions), brainstorming and even a bit of whiteboarding, which will hopefully help the entrepreneur find direction. offering your services and/or time please contact our Executive Director at trevorm@propelict.com. Fireside Chats If you wish to attend any of our Fireside Chats, please contact us at astree@propelict.com. . in front of the investors.

Demo Day is the day that the

startups take the stage to do a 6 minute pitch about their company to the room full of investors. Mark your calendars; it will be March 21 2013 at the Fredericton Convention Center from 6pm until 9pm. We want you in the room! You can purchase your extra tickets here:

http://demoday2013.eventbrite.ca

The cohort: Here are the teams that were selected as part of the Fall 2012 Cohort for Launch36: Seeets - Charlottetown, PEI WP Status - Charlottetown, PEI Up My Game - Halifax, NS AnalyzeRe - Halifax, NS Crossing Mobile - Moncton, NB Wicked Ideas - Saint John, NB RUM Analytics - Rothesay, NB

Demo Day will be part of East Coast Startup Week (http://www.eastcoaststartupweek.ca)

Each session takes place in Moncton, NB at the Launch36 workspace and is limited to a few startups per day (Each given a 30 - 45 min slot). If you are interested in

What's up next? We have a handful of Fireside chats left and the rest are sessions to prepare them for their pitches