Elevate, Moneris unveil startups participating in first cohort of eCommerce North accelerator
Toronto event-turned-tech hub Elevate and payment processing firm Moneris have announced the 10 startups joining the first cohort of the organizations’ joint eCommerce North accelerator.
The six-month accelerator, first announced in February, will offer startups digital-first programming, one-on-one coaching, and access to a network of leading Canadian executives and entrepreneurs. The accelerator will also include coaching on how startups can scale initiatives such as sustainability, equity, and mental health as their businesses grow. The program will begin May 12 and will culminate in a demo day in November.
eCommerce North represents the second innovation program Elevate has launched in the last year.
Elevate, Moneris launch new accelerator for Canadian ecommerce startups
Amidst a COVID-driven surge in online retail, Toronto-based tech hub Elevate and payment processing giant Moneris have teamed up to launch eCommerce North, a “digital-first” accelerator for Canadian ecommerce startups. Elevate claims the new hub is “Canada’s first ecommerce accelerator.”
Applications for eCommerce North are now open, and close March 31. The six-month program’s inaugural cohort is set to launch May 12, with strategic partners Sampler, Clearbanc, and BlueSnap. Through eCommerce North, Elevate and Moneris aim to help 50 Canadian ecommerce startups scale over the next three years.
“Helping Canadian entrepreneurs transition to a digital future isn’t just a business goal, it’s the right thing to do.”