Montreal, December 17, 2017 – Ecofuel, a venture capital fund and specialized and personalized accelerator in the cleantech sector, announces the two companies of the Ecofuel Accelerator Autumn 2017 Cohort. Selected amongst 30 applicants, they’re the participants of the sixth cohort of the Ecofuel Accelerator, which will continue until December 2017.
Entrepreneurs from Biotechnologies Ulysse and Helios UAV have experienced in the last four months an acceleration program tailored to their needs, which was already a success factor for many companies in the past three years. They have receive mentorship and advice from about forty mentors who are a reference in cleantech, business, global markets and entrepreneurship.
• Ulysse Biotech: bacterial solutions for the treatment of plant – ulysse-biotech.com
• Helios UAV: High quality data acquisition solutions by drone for mining industry, geophysics, geomatics, civil engineering and environment – heliosuav.com
“The Autumn 2016 cohort’s selected companies stand out for their maturity and quality. Through their creative capacity, their vision and commitment, the entrepreneurs will benefit from the mentors’ contribution and advice they’ll receive during the acceleration program,” added Richard Cloutier, president and CEO of the Ecofuel Accelerator.
Ecofuel is a venture capital fund and a specialized and personalized accelerator dedicated to the cleantech startups. Ecofuel, powered by Cycle Capital, works with entrepreneurs to help build globally competitive companies. Ecofuel Fund invests smart money in seed stage startups that develop and commercializes clean technologies while the Ecofuel Accelerator offers entrepreneurs a specialized and personalized program of training workshops, networking sessions, an experienced mentor ecosystem.
In addition to the funding provided by the Government of Quebec, the Ecofuel Accelerator, founded by Cycle Capital, benefits from the collaboration of Transition énergétique Québec, Écotech Québec and Innovacorp.