Elevate and Moneris Launch Canada’s First Ecommerce Accelerator

TORONTO, Feb. 23, 2021 /CNW/ – Right this moment, Elevate and Moneris Options Company (‘Moneris’) introduced that they are going to be launching Canada’s first ecommerce accelerator, eCommerce North. The digital-first program will provide a extremely specialised, nationwide providing that features as much as six months of sponsored programming, with the purpose of serving to 50 Canadian ecommerce startups scale over the subsequent 3 years. Purposes at the moment are open, with the primary cohort set to launch on Could 12.

eCommerce North will provide founders entry to Canadian executives and entrepreneurs, similar to Elevate CEO and serial entrepreneur, Razor Suleman (CEO Coach), and Moneris Chief Working Officer, Bruce Nanton (Company in Residence). As well as, founders will study confirmed development methodologies from a set of Entrepreneurs in Residence, together with Phillip Gales (Enterprise Ops), Harp Gahunia (Finance & Fundraising), and development advertising and marketing technique from Jyll Saskin Gales, Rokham Fard, and Nicole Murphy.

The accelerator will equip founders to thrive in a stakeholder-centric world, and can look past conventional accelerator programming to incorporate extra teaching on how startups can scale sustainability, fairness and psychological well being.

“For 20 years, now we have seen the power, resilience and fervour of Canadian small companies, and it has by no means been extra examined than over the previous 12 months,” says Moneris President and CEO, Angela Brown. “Serving to Canadian entrepreneurs transition to a digital future is not only a enterprise purpose, it is the suitable factor to do.”

Elevate and Moneris have additionally dedicated that at the least 50% of founders might be female-identifying, and 30% might be from different underrepresented teams.

“We all know that variety in tech is a matter, and to repair that we have to begin aggressively and deliberately correcting the imbalance of alternatives and entry to networks,” says Elevate CEO, Razor Suleman.

The choice to launch an ecommerce accelerator comes within the wake of a difficult yr for startups and small companies, and a fast ensuing digital transformation, prompting authorities help for this new initiative.

“I am thrilled that Elevate and Moneris are launching Canada’s first ecommerce accelerator, pushed by a dedication to fairness and social influence,” says The Honourable Mary Ng, Minister of Small Enterprise, Export Promotion and Worldwide Commerce. “That is an unimaginable alternative for entrepreneurs and innovators throughout Canada to broaden, all of the whereas leveling the enjoying subject. Our authorities applauds the logic behind this and is true there with you.”

This system might be supplied to startups throughout Canada, with a promise to supply a devoted French cohort in 2022.  To be eligible for this system, startups have to be a digital-first market or tech enabler with demonstrated traction. Full standards will be discovered on the eCommerce North web site.

About Elevate:

Elevate is a purpose-driven not-for-profit dedicated to uniting Canada’s innovators to unravel society’s best challenges. In partnership with the United Nations, Elevate affords year-round tech, innovation and sustainability packages by way of the Elevate Alternate.

Elevate has hosted international icons similar to Michelle Obama; Martha Stewart; Eric Schmidt & Al Gore on  the Elevate Essential Stage, every of whom has impressed hundreds of thousands of individuals.

About Moneris:

Moneris is Canada’s largest supplier of revolutionary options for cell, on-line and in-store funds, processing a couple of in three transactions. Serving companies of each dimension and trade, Moneris affords {hardware}, software program and options to assist rework the way in which companies develop and function, in funds and past.

For extra info please go to www.moneris.com and observe @moneris.

SOURCE Elevate

For additional info: Lisa Zarzeczny, Elevate, 416.892.3324, [email protected]