Five stellar startups – The Campfire Union, Creatubbles, Discourse Media, Paddle HR and Penta Medical – arrived at the Canadian Film Centre (CFC) on March 23, as CFC Media Lab’s IDEABOOST Accelerator got underway. These five companies are “Cohort 7” because 2018 marks the seventh time the Accelerator bootcamp has run since launching in 2012.
Based in Toronto and tailored to select digital media-focused startups, the four-month Accelerator offers a bespoke curriculum powered by a team of experienced staff, mentors, executives and investors. After 10 finalists pitched to a jury of IDEABOOST faculty and mentors, these five were selected and invited to join.
The Accelerator operates as one part of CFC Media Lab’s wider IDEABOOST program, designed for companies building the next generation of technology-based media, sports, leisure and entertainment products and brands. Since 2012, 33 media and entertainment technology startups have been accelerated, raising more than $800K in investment on average per company. The full program has supported 84 startups through a variety of programs and services, including the community affiliates program, Network Connect; the Accelerator; and a post-Accelerator alumni program for companies entering the marketplace.
Previous successful cohorts have included companies like ASAP Science, Brinx Inc. (MasterpieceVR), Deep Inc. (Liquid Cinema), Filmtyme, ivvi, Little Robot Friends, Repable, Social Asset Management (SAM).