Plug and Play Alberta has unveiled its fifth cohort lineup, comprising 72 startups tailored to industry-specific focuses including Digital Health, Sustainability, Food & Beverage, and Sector Agnostic (AI) accelerator programs.
Among the selected startups, 42% hail from Alberta, while 78% represent Canada. Additionally, 22% originate internationally, with participants coming from countries such as the United States, Spain, Germany, and the United Kingdom.
Lindsay Smylie, Director of Plug and Play Alberta, highlighted the collaborative strides made over the past two years between cohort startups and the Plug and Play network, emphasizing the remarkable progress achieved. Smylie expressed eagerness to leverage this momentum with the fifth cohort to further bolster Alberta’s tech ecosystem.
Over the next 12 weeks, cohort participants will immerse themselves in networking events, workshops, mentor sessions, and various activities. These engagements aim to enhance their prospects for securing exclusive pilot programs, proof of concepts, new customers, and investments. Furthermore, participants will benefit from integration into Plug and Play’s extensive global network, connecting them with over 80,000 startups, 500+ industry-leading corporate partners, and numerous venture capital firms.
Laura Kilcrease, CEO of Alberta Innovates, expressed excitement about witnessing the potential of the new cohort companies, underscoring Plug and Play’s role in nurturing more sustainable, capable, and investable entities within the tech startup ecosystem.
The batch of startups is set to graduate at the end of May during Plug and Play Alberta’s Spring EXPO on Monday, May 27, 2024, at TELUS Spark. The event will showcase both local and international startups from the Digital Health, Sustainability, Sector Agnostic (AI), and Food & Beverage accelerator programs.
Plug and Play serves as a premier innovation platform, bridging startups, corporations, venture capital firms, universities, and government agencies. With its headquarters in Silicon Valley and a presence in 60+ locations across five continents, Plug and Play offers corporate innovation programs and supports corporate partners at every stage of their innovation journey. The organization also conducts startup acceleration programs and operates an in-house VC, driving innovation across multiple industries, having invested in numerous successful companies such as Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi.
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