FounderFuel launches Montreal-based accelerator program
The team behind Montreal Start Up and the recently-launched seed fund Real Ventures together today announced a commitment of more than $2 million dollars to the newly-created Montreal based accelerator program called FounderFuel.
Montreal Start Up is an investor in Beyond the Rack, the fastest-growing e-commerce company in North America in 2010. Real Ventures is a $50 million seed-stage fund.
Returning to Montreal after many years in Silicon Valley, Ian Jeffrey, former vice president at Tiny Pictures and marketing director at Shutterfly after its acquisition of Tiny Pictures, will launch the FounderFuel program and become its general manager.
Having attracted over 85 experienced entrepreneurs, top executives, VCs, and angels from around the world to join the team of mentors, FounderFuel is seeking disruptive teams of highly-creative and committed entrepreneurs.
Selected teams will receive $10,000 in funding, plus an additional $5,000 per co-founder. Read more about the program here. And there’s more on TechCrunch here.
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