District Ventures has opened applications for its summer funding cycle and is looking for food and health entrepreneurs for its sixth cohort!
Twice a year, District Ventures invest $130k with 10 Canadian food/beverage and health/wellness entrepreneurs in exchange for a minority equity stake of their company.
The founders take part in a 5-month accelerator program designed to rapidly increase valuation through sales, distribution, and marketing support. The accelerator also provides members with access to blue chip service sponsors, like ATB Financial, Bennett Jones LLP, and BDO Canada to deliver workshops on debt financing, legal, and tax and accounting management.
While we encourage all the companies to move to Calgary for 5 months to work alongside their peers, where it is not feasible, we require each company to spend a minimum of one full week per month in the accelerator during programming weeks.
At the end of the program, founders will pitch their companies at Demo Day, where you will be introduced to investors to attract your next round of funding, including the possibility of receiving follow-on investment from District Ventures Capital.
Throughout the course of the program, we will broadcast your company through public relations efforts, a profile on Youinc.com, our website, and on our social channels.
Application deadline: June 15, 2018