Centech’s Propulsion accelerator announces new Fall ’18 cohort
Centech‘s Propulsion accelerator program in Montreal is announcing six new startups that will join its fall 2018 cohort.
Centech is part of Montreal’s notable École de technologie supérieure (ETS), which is part of the Université du Québec system. The Propulsion accelerator program is free to enter, and even better, it takes no equity from companies. As well, applicants don’t have to be students or graduates of the ETS system
Here’s the six startups entering the program:
VECTIS DRIVE
Vectis Drive helps companies build better machines through the introduction of a new speed reducer technology with unique performance advantages.
Entrepreneur: Philippe Fauteux
COLDCHAIN
ColdChain is a Canadian technology company with a strong background in the Cold Chain industry and deep knowledge of its regulation and best practices, thus making sure companies remain in constant compliance, output high quality products, and use the most cost-effective, cutting edge technologies out there.
Entrepreneurs: Samuel Audet-Arsenault and Jean-Philippe Bédard
POWERTREE
PowerTree helps building operators keep their electrical plans up-to-date with simple, easy-to-use software.
Entrepreneurs : David L’Heureux and Mateusz Goral
UPFIELD SOLUTIONS INC.
UpField is a mobile app for the construction site supervision.
Entrepreneurs : Reda Boubakri and Syphax Aroudj
MECHASYS
Mechasys bring the power of lasers and computer vision to revolutionize the construction industry.
Entrepreneurs: William St Pierre, Jonathan Lefebvre and Charles Ha
INVIVO AI
InVivo AI harnesses big data, bioinformatics, and artificial intelligence to help pharmaceutical companies navigate their drug development pipelines.
Entrepreneurs: Therence Bois and Daniel Cohen
The Propulsion program is a two-year program, where companies receive “rigorous supervision,” allowing them to “quickly move from the initial development phase to commercializing their products and services on the international market.” Thanks to partners and donors, the program provides entrepreneurs with over $500,000 a year, in the form of bursaries, loans or expert services from well-known firms.
Centech was created in 1996 and is located in the heart of Montréal’s Quartier de l’innovation.
Centech was also recently in the news for a partnership formed with McGill University’s Faculty of Medicine. Together, the two organizations will accelerate a handful of medical tech startups in Montreal. Cohort members will divide their time between Centech and McGill’s Simnovation Hub, based at the Steinberg Centre for Simulation and Interactive Learning (Steinberg Centre).
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