Ecofuel Accelerator is accepting applications for the second cohort of 2015

Ecofuel Accelerator is accepting applications for the second cohort of 2015 Early-stage cleantech companies who would like to apply have until Sunday, May 31st 5:00PM to submit their application for the next cohort that’s starting in august 2015.

“In addition to receiving support and seed investment, Ecofuel’s Accelerator program gives seed stage companies access to relevant mentors and investors. These resources are rare and precious, and since we are looking for the best opportunities, we invite all the entrepreneurs to submit their project”, declared Simon McDougall, CEO and Head Coach of Ecofuel Accelerator.

The four-month acceleration program is targeted for early-stage startups and will offer a seed investment of up to $100,000. It involves an intensive program with training workshops, networking sessions and a heavy-hitting mentoring ecosystem. Participating companies will also be hosted in a dedicated facility in Griffintown Innovation pole in Montreal.

A group of world-class and internationally experienced mentors and trainers have been recruited to support the development of the participants including: Simon Olivier, Vice President Growth, Market Strategy and Business Development at GE Canada; Jane Kearns, Senior Advisor, Cleantech at MaRS; Jean Lamarre, Managing Partner at Lamarre consultants; Alexandre Taillefer, Managing Partner at XPND Capital; and Tony Van Bommel, Senior Managing Partner, Industrial, Clean and Energy Technology Venture Fund at BDC Capital.

To apply, please submit your project online at ecofuelaccelerate.com.

About Ecofuel

Ecofuel is an accelerator for startups that works with entrepreneurs in clean technology to help build globally competitive companies. In addition to seed financing of up to $100,000, Ecofuel offers its entrepreneurs an intensive program of training workshops, networking sessions, and an experienced mentor ecosystem. Participating companies will be hosted in a dedicated facility in Montreal for the duration of the program. The objective of the program is to develop entrepreneurs and help in the successful creation of companies.

In addition to the financial and logistical support from Cycle Capital, Ecofuel is also counting on the support and collaboration of Écotech Quebec, Innovatech and Sustainable Development Technology Canada (SDTC).

Information:

Catherine Bérubé
Chief of communications and public relations
cberube@cyclecapital.com
T : 514 495-1022 x 203
C : 514-629-1022

Website: ecofuelaccelerate.com

Twitter: @ecofuelaccelerate

 

La Presse – Ecofuel – En route pour des piles à combustible abordables

“La pile à combustible fait rêver depuis longtemps, notamment dans le domaine automobile. Son coût de fabrication élevé en ralentit encore l’adoption par le grand public, mais une jeune entreprise de Varennes pourrait détenir une partie de la solution.

Canetique a été fondée en 2010, à partir d’une technologie développée dans les laboratoires de l’Institut national de recherche scientifique (INRS), à Varennes.”

— Jean-François Codère, La Presse

Ecofuel Accelerator launches first cohort

Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital Management and Simon McDougall, CEO and Head Coach of Ecofuel have announced the companies selected to participate in the first cohort of the Ecofuel Accelerator.

The companies are Electrocatalysis Canetique, FilmOrganic, Netlift and SabrTech.

Electrocatalysis Canetique is a technology start-up founded in 2010 by Eric Proietti and Michel Lefèvre and located in Varennes, which develops and commercializes a patent-pending disruptive technology to replace platinum-based catalysts in PEM fuel cells with lower-cost high-performance iron-based catalysts. This innovation offers a compelling value proposition for fuel cell OEMs and users, expanding the PEM fuel cell market in numerous sectors.

FilmOrganic, based in Laval and founded by Hugo Meunier and Roger Tambay, develops and commercializes crop-specific, soil-compostable, bioplastic mulch films, geared at increasing yield of field grown produce. FilmOrganic also helps growers simplify their operations by saving time and labour. It is a highly efficient and cost effective solution.

Netlift, founded in 2012 by Marc-Antoine Ducas, is a real-time intermodal carpooling platform that helps daily commuters travel easier. Its technology helps you find a lift to commute from home to work and back again by matching drivers and passengers.

SabrTech founded in 2010 by Mather Carscallen is a Nova Scotia-based cleantech company and developer of the “RiverBox”, an algae production platform technology. SabrTech exists to sustainably solve some of today’s most complex global problems and preserve the ecosystem that we call home. SabrTech designs and develops the next generation of cost-efficient and scalable algae production technology that enable the commercial production of micro-algae world-wide for a variety of applications, from food to fuel.

« The innovations developed by these cleantech companies are competitive on an international level and have the potential to be game changing in their areas of expertise. This is why we are proud to participate in these companies’ growth strategy and support these dynamic and creative entrepreneurs », has declared Mr. McDougall.

About Ecofuel

Ecofuel is an accelerator for startups that works with entrepreneurs in clean technology to help build globally competitive companies. In addition to seed financing of up to $100,000, Ecofuel offers its entrepreneurs an intensive program of training workshops, networking sessions, and an experienced mentor ecosystem. Participating companies will be hosted in a dedicated facility in Montreal for the duration of the program. The objective of the program is to develop entrepreneurs and help in the successful creation of companies.

In addition to the financial and logistical support from Cycle Capital, Ecofuel is also counting on the support and collaboration of Écotech Quebec and Sustainable Development Technology Canada (SDTC).

About Cycle Capital Management

A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product’s life cycle.

With assets under management of $230 million, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Group M3, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.

Information:

Catherine Bérubé

T: 514-495-1022 X203

C: 514-629-1022

Web site: ecofuelaccelerate.com

Twitter: @ecofuelaccelerate

Press release – Ecofuel First cohort

Gaïapresse – Les entreprises de technologies propres au Québec ont besoin d’un coup de pouce

“Un changement fondamental doit être opéré et que l’expérience proposée par l’accélérateur constitue un premier pas en ce sens. Devant l’ampleur des défis environnementaux et économiques actuels, les technologies propres sont appelées à  jouer un rôle clé. Toutefois, comme tout secteur en émergence, elles doivent s’adapter et s’organiser afin de s’intégrer au paysage économique et social.”

— Sophie Fillion, Gaîapresse

Cycle Capital launches Ecofuel Accelerator

Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital Management is happy to announce the launch of Ecofuel, a new accelerator for startup companies in clean technology. The accelerator will be led by Simon McDougall, who will be its new CEO & Head Coach.

The four-month acceleration program is targeted for early-stage startups and will offer a seed investment of up to $100,000 and involves an intensive program with training workshops, networking sessions and a heavy-hitting mentoring ecosystem. Participating companies will also be hosted in a dedicated facility in Montreal for the duration of the program. Ecofuel will launch its first cohort in January 2015.

“Building on the Cycle Capital investment platform, Ecofuel is a lean and mean model that is based on expert volunteers who will help prepare our entrepreneurs to build globally competitive companies, says Ms. Méthot.”

“Our objective is to help propel our entrepreneurs to build a robust and ambitious business plan to present to investors at the end of the program, says Mr. McDougall. Our model is unique: an open platform that will permit all investing members to participate in funding the companies in each cohort.”

In addition to the financial and logistical support from Cycle Capital, Ecofuel is also counting on the support and collaboration of Écotech Quebec and Sustainable Development Technology Canada (SDTC). A group of world-class and internationally experienced mentors and trainers have been recruited to support the development of the participants including: Simon Olivier, Vice President Growth, Market Strategy and Business Development at GE Canada; Jane Kearns, Senior Advisor, Cleantech at MaRS; Jean Lamarre, Managing Partner at Lamarre consultants; Alexandre Taillefer, Managing Partner at XPND Capital; and Tony Van Bommel, Senior Managing Partner, Industrial, Clean and Energy Technology Venture Fund at BDC Capital.

Applications are being accepted until November 15th at midnight; candidates can apply at ecofuelaccelerate.com.

About Ecofuel

Ecofuel is a startup accelerator that works with entrepreneurs in clean technology to help build globally competitive companies. In addition to seed financing of up to $100,000, Ecofuel offers its entrepreneurs an intensive program of training workshops, networking sessions, and an experienced mentor ecosystem. Participating companies will be hosted in a dedicated facility in Montreal for the duration of the program. The objective of the program is to develop entrepreneurs and help in the successful creation of companies.

About Cycle Capital Management

A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product’s life cycle.

With assets under management of $230 million, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Group M3, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.

Information:

Guillaume Bérubé

514-282-4719

514-883-5948 (cell)

Web site: ecofuelaccelerate.com

Twitter: @ecofuelaccelerate

20141002-1-PR-Ecofuel launch-EN-vFinal

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