Tag: extreme startups

Extreme Startups Launches in Toronto With Up to $200K Funding For Companies

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There’s a trend in the tech industry these days, especially in mobile, for tech accelerators. The general way these things work is that your company applies, and if accepted, is given a small sum of money up front to begin work on a product. For a period of anywhere between 3 and 6 months, companies in an accelerator work tremendously hard and are given support by mentors to get to a working product stage complete with demo. Ideally, startups leaving an accelerator will have enough traction to raise money to build an actual company. The most recent Canadian accelerator to launch is Extreme Startups, which is part of the same family as Xtreme Labs, whose BlackBerry apps we’ve written about many times.
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