Fredericton Startup Awarded $25,000 from Volta Cohort
Nov 21, 2019
FREDERICTON – New Brunswick startup RIDDL was named as one of the five winners of Volta’s semi-annual pitch competition, Cohort.
“Injecting early-stage startups with a small investment, and pairing it with mentorship and support early on has provided a tremendous boost to our regional ecosystem by helping companies get to a venture path more quickly,” said Meghann Coleman, director of Strategic Projects at Volta, in a news release.
Volta, established in 2013, is one of Canada’s largest innovation hubs and fifty-one full-time employees have been hired through Cohort companies.
The five companies were selected at a pitch event in Halifax on November 20. Each startup will receive a $25,000 investment from a microfund co-founded by Volta, BDC Capital, Innovacorp, and the Atlantic Canada Opportunities Agency (ACOA), as well as provided resources to help grow their business and be mentored by experienced entrepreneurs.
“The talent, passion, and diversity of the ideas displayed were quite impressive, and we look forward to helping the founders and their teams as they continue to grow,” said Coleman.
For more information follow the link below:
https://huddle.today/fredericton-startup-awarded-25000-from-volta-cohort