Penticton incubator looking for tech start-ups

Five spots open for entrepreneurs at new Penticton incubator facility.

With the application deadline for entrepreneurship@AO fast approaching, officials are saying there are five spots open for entrepreneurs at their new Penticton incubator facility.

Accelerate Okanagan, a not-for-profit group with a mission to increase the number of technology companies that start and grow in the Okanagan, is behind the entrepreneurship@AO initiative, which is designed to attract very early stage technology companies, and get them access to the group’s incubator programs and facilities.

“Some of them may not be companies at this stage, they may be entrepreneurs with an idea. We are not limiting it to companies — we talk about companies, but we are really talking about the idea, the entrepreneur, the opportunity,” said Martin Yuill, Marketing Director at Accelerate Okanagan. “It’s really a program designed to get companies into the funnel that might otherwise be excluded, who find the barrier to entry too high.”

“It’s a very simple application process. It literally requires a one-page document that says this is what the business idea is,” said Yuill. “It’s not a business plan, none of that. It is simply an opportunity for us to evaluate the quality of the opportunity.”

The final step for applicants is a 10-minute pitch in front of a panel of judges. From that, Yuill said, the best opportunities will be selected and announced at an awards ceremony in Kelowna on Feb. 23.

Companies making it through the competition get full access to the Venture Acceleration Program for one year, including access to advisers, mentors and a range of business development programs. And for the South Okanagan candidates, access to the incubator facilities at Okanagan College in Penticton.

“The facilities are fabulous. Because we are at the Centre of Excellence, we are able to piggyback off the world class facilities that the college has put in place,” said Yuill. “Within that, we have a dedicated accelerator facility, where companies can be resident, use boardroom facilities, our lounge and work in a collaborative space with other like-minded technology entrepreneurs and innovators.”

The application deadline for entrepreneurship@AO is Feb. 15. Application information for entrepreneurship@AO is available on their website at accelerateokanagan.com, under the Programs tab.

Just Posted

Penticton Vees lose top scorer

Surgery required for Penticton Vees top forward

Smart Cities Challenge needs community support

What challenges could Penticton solve with innovative ideas and $50 million?

Businesses stepping up for SOWINS during holiday season

Several Penticton businesses are running campaigns to assist SOWINS

Recovery centre operator said neighbours bought property ‘in haste’

Penticton addiction recovery centre plan halted by neighbours

Meningococcal disease outbreak declared in Okanagan

Five cases in last six months among 15-to-19 year-olds, including one in Coldstream

Video: En’owkin project gets $20,000 boost

The En’owkin Centre on the Penticton Indian Reserve is working to restore culture and habitat

B.C. government to launch coastal ferry review in January

The Province will begin a comprehensive review of the coastal ferry service in British Columbia in 2018

Federal Crown drops appeal after charges against pot activist dismissed

Dana Larsen said he was served notice at his home in Vancouver and the case was to be heard July 2

Prince Harry and Meghan Markle to marry May 19

Kensington Palace announced the date to the public Friday

#MeToo at work: How reporting sexual harassment works – and how it doesn’t

British Columbians have four options to report harassment or assault, but none of them are easy

Debt-to-household-income ratio rises in third quarter

Total household credit market debt grew to $2.11 trillion in the third quarter

Charges in car wash shooting stalled

Court waits for police watchdog report on Salmon Arm incident.

Oz brings down the house

Laughter flies like house in a tornado at Cawston Players Wizard of Oz

PART I: How Prince Rupert schools teach Indigenous language to hundreds of students

A multimedia series with videos and photos from children’s Sm’algyax classes on B.C.’s North Coast

Most Read