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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.”