MyUNB Student News Saint John

Summer Institute Application Now Open

Author: Jade Alex-Ander Yhap

Posted on Jan 20, 2021

Category: News and Notices

Companies interested in participating in The Summer Institute’s 2021 cohort are strongly encouraged to apply in advance of the February 15th deadline. The Summer Institute is a 12-week accelerator based in Fredericton that accepts five to seven companies each year to participate in its intensive, globally recognized program. The 2020 program will run from April 27th until July 16th. Successful applicants receive stipends for living expenses, prototyping grants, access to their downtown workspace, and intense, mentor-led programming aimed at developing sustainable and profitable companies. Applications are available through F6S, an online tool that links startups with funders and programs.

“For years, The Summer Institute has been working to help early-stage companies with a big vision that encompasses more than just the bottom line, and we’re happy to be launching our next search for great people with great ideas” said Summer Institute Managing Director Joe Allen. “We look for early-stage ventures that want to make a social impact, as well an impact to their bottom line. This is our eighth cohort and every year we get a wonderful array of people keen to do amazing things and we expect the same this year.”

Operated by the J Herbert Smith Centre for Technology Management & Entrepreneurship, The Summer Institute has helped launch over 43 companies since its first cohort in 2014. The program is not restricted to companies from any particular region or sector; though it historically has focused on accelerating ventures with an innovative consumer product or service. Prominent alumni include Stash Energy, Koffee Organics, UpFront Cosmetics, Vertiball and Educated Beards.

"I’m very grateful for the opportunity to participate in program, and it has really helped me take my business to the next level,” said SNAK Founder Hannah Watson; who graduated from the 2020 program. “My business has blossomed because of the time spent in the Summer Institute. I’ve learned so much during the program from the instructors, mentors and the other companies in the cohort. I highly recommend the Summer Institute.” The Summer Institute is a member of the Global Accelerator Network, an invite-only community of the world’s most respected organizations that provide startups with the best resources to create and grow their businesses, wherever they are.

Those interested in learning more about the program are encouraged to visit the Summer Institute website at: https://www.summerinst.com/

Category: News and Notices

Article Contact Information

Contact: Jade Alex-Ander Yhap

Email Address: jade.yhap@unb.ca