Waterloo Region – August 20, 2013 – A 12th participant has been added to the third cycle of Communitech’s HYPERDRIVE seed accelerator: Kreyonic Ltd. of Sri Lanka.
“With HYPERDRIVE our focus is to attract and grow the world’s best startups,” said Doug Cooper, the program’s Managing Director. “We provide the ideal ... Read more
HYPERDRIVE’s new six-month format puts the emphasis on investment, sales & marketing
Waterloo Region – July 30, 2013 – Eleven promising startups have made the cut to participate in the third cycle of Communitech’s HYPERDRIVE accelerator, one of the most successful programs of its kind in Canada.
Since its creation just over a year ago, HYPERDRIVE has admitted 18 companies to its first two cohorts. These companies have successfully raised over $3.7M, made more than $500,000 in revenue and ... Read more
Waterloo Region – April 16, 2013 – Communitech’s HYPERDRIVE startup incubator has
opened applications for its third cohort amid news that Incentivibe, a first-cohort HYPERDRIVE
company, has been acquired by Rebellion Media of Waterloo, Ont.
Since its creation a year ago, HYPERDRIVE has admitted 18 companies to the first two cohorts
of its $30-million-plus program based at the Communitech Hub in Kitchener, Ont. These
companies have created more than 70 jobs, raised more ... Read more
Waterloo Region - January 31, 2013 - The second cohort of companies participating in Communitech's HYPERDRIVE program a $30+ million startup incubator was announced today, with 11 diverse up-and-coming startups ready for the spotlight. Still less than one year old, the HYPERDRIVE program has made its mark as a strong and unique incubator, seeing significant interest from funders and partners.
"Building on the success of the first cohort in which five of the seven ... Read more
Waterloo Region – November 22, 2012 – Communitech announced today that Doug Cooper, newly named Managing Director of Communitech’s $30+ million HYPERDRIVE program and formerly an Executive-In-Residence (EIR) with Communitech’s Venture Services program, will receive a Queen Elizabeth II Diamond Jubilee Medal at a ceremony in Ottawa tonight. The Jubilee medal is in recognition of Cooper’s contribution to the business community as past Chair and member of the ... Read more
Waterloo Region, ON – November 13, 2012 – 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 Vancouver event November 14 fittingly coincides with Global Entrepreneurship Week which runs until November 18, the world’s largest celebration of the innovators and job creators who launch startups that bring ideas to life and drive ... Read more
Waterloo Region, ON – October 2, 2012 – Communitech’s first HYPERDRIVE cohort is emerging from its initial three-month intensive mentoring program, having completed a trip to New York City Sept. 19-21 in the heart of the burgeoning NY tech scene in preparation for Demo Day on October 12. And while one cohort is well under way fueled with mentoring and inspiration from the Big Apple, another batch of ambitious startups will have the opportunity to be coached in the ... Read more
Waterloo Region – July 10, 2012 – Communitech today announced the first cohort of companies participating in HYPERDRIVE, its $30 million startup incubator, which includes seven diverse, rising-star startups ready for prime time. HYPERDRIVE was introduced only 10 weeks ago and has already seen significant interest from funders and partners. The announcement will be highlighted at a HYPERDRIVE kick-off event today at The Communitech Hub.
“HYPERDRIVE is an excellent example of ... Read more
Waterloo, ON – July 9, 2012 – Communitech is pleased to welcome MaRS Investment Accelerator Fund (IAF) (@MaRSIAF) as a funding partner in its HYPERDRIVE program. Part of the Ontario Network of Excellence (ONE), IAF is funded by the Government of Ontario and delivered by MaRS. IAF joins other high-profile HYPERDRIVE investors OMERS Ventures, iNovia Capital, Rho Canada Ventures, and BDC Venture Capital in HYPERDRIVE’s concerted effort to seed and grow ... Read more
Waterloo Region – June 7, 2012 – As Canadian startups gear up for Communitech’s highly anticipated HYPERDRIVE program, set to kickoff mid-July with its first cohort, high-profile partners and funders are following suit to offer their support to the promising tech initiative. Ontario Centres of Excellence (OCE) is the latest partner to contribute its resources to what is considered the next generation of funding incubators.
“Focused on turning ideas into profit and advancing innovation ... Read more
Ted Hastings & Steven Woods to Lead Mentor Network for Startups
WATERLOO, ON, June 1, 2012 /CNW/ - It's game on for HYPERDRIVE as entrepreneurs Ted Hastings and Steven Woods partner as Communitech HYPERDRIVE advisors. Hastings, a serial entrepreneur in online publishing, and Woods, Engineering Director for Google in Canada, are set to take on and share the pivotal role of overall business advisors to companies participating in Communitech's new $30-million-plus tech incubator ... Read more
Waterloo Region – May 24, 2012 – Prestige, perks, and powerful partnerships are just a few of the benefits HYPERDRIVE, Communitech’s new tech accelerator, will enjoy as it officially joins the ranks of the influential and innovative organizations that comprise the Global Accelerator Network (GAN). Created in 2010 in conjunction with the White House Startup America Initiative, the Network currently includes most of the top accelerators in the world including ... Read more
Waterloo Region – May 23, 2012 – Communitech’s HYPERDRIVE is top of mind for tech talent and financial backers alike as excitement over the startup incubator continues to grow. Seed round partners Canrock Ventures and the Canadian Youth Business Foundation (CYBF) share in the enthusiasm, with only two weeks left to submit applications for a coveted spot in the program.
“With a groundbreaking program like HYPERDRIVE where the focus is on taking companies from “Seed to Series A” financing, ... Read more
Communitech is placing itself among the world’s leading startup incubators with a $30-million-plus program aimed at building early-stage companies into Series A funded companies.
The program, called HYPERDRIVE, is the latest offering from Communitech, the team that supports Canada’s top technology hub, a large and fast-growing cluster of 800 companies including 400 active startups.
Backed by leading venture capital firms, angel investors and tech companies, HYPERDRIVE will put early-stage companies through a ... Read more