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Genesis Centre Evolution Program - Call for Applications

Posted Monday, January 18, 2016

Date: January 18, 2016

Subject: Validate Your Business Idea: Genesis Centre Opens Applications for Evolution Program this Winter

The Genesis Centre today announced that they are accepting applications for their Winter 2016 Evolution program. Are you working on an idea for a product, company or service? The Evolution program is an eight-week intensive workshop to help entrepreneurs validate their business ideas and get them to market. The program is perfectly suited for early stage entrepreneurs who have any business idea.

Done in three phases, the program is derived from best practices and integrates e-learning, in-person workshops, and customer interviews. It blends the Lean Startup movement with programs from the Silicon Valley, including Google's "Startup NEXT" program.

The Evolution program enables participants to validate their ideas and identify potential markets, while enabling them to quickly learn if their business model will work. After eight weeks, the program culminates with "Pitch and Pick", a pitching event that brings together entrepreneurs, industry experts, and investors. Last fall's "Pitch and Pick" event garnered much attention for the program's largest cohort of ten companies.

"Whether you're planning to apply to the Genesis Centre's incubation program or need objective feedback on your product idea, the Evolution program helps you reach that goal. The eight-week program delivers what would normally take a year or two for an entrepreneur to experience in the real world," said Greg Hood, president and chief executive officer, of the Genesis Centre. "Ultimately, it optimizes an entrepreneur's chances of success in the market," he added.

Past participants in Evolution include HeyOrca, a social media platform developer, and B Sharp!, which was founded by a local musician whose goal is to teach children and musicians to read music.

The deadline for applications is January 29, 2016. Interested parties can apply on the Evolution program page on the Genesis Centre website.

The program fee for Evolution is $50 per team member, which goes directly toward covering program logistics.

About the Genesis Centre

The Genesis Centre, located at Memorial University, is an incubator for technology-based ventures with high-growth potential.. Since the Genesis Centre was founded in 1997, it has helped almost 60 start-ups raise more than $85 million in private equity. Genesis alumni are among the leading start-ups in Atlantic Canada and include Verafin, Rutter Technologies, and Avalon Microelectronics (acquired by Altera). For more information, please visit www.genesiscentre.ca.

For more information:
Angelo Casanas - Manager of Startup Development and Partnerships
acasanas@genesiscentre.ca
709.864.2681