Time to accelerate

Time to accelerate

September 15, 2016

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With the aim of taking their companies to the next step, nine local startups have been selected to participate in the GrindSpaceXL-Kingston program, including three graduates from the recently-concluded Queen鈥檚 Innovation Connector Summer Initiative (QICSI).

Now in its fourth cohort, GrindSpaceXL-Kingston is a 12-week accelerator program that brings together early-stage, high-potential ventures at Innovation Park and provides them an active environment, including access to advisors and mentors.

GrindSpaceXL-Kingston Companies:
鈥 Automated feeding system for swine farming.
鈥 Scheduling software with a healthcare focus.
Cognitiva 鈥 Behavioural therapy homework app.
鈥 Farm Management Software for open field cultivation, greenhouse management and urban farming.
鈥 Bringing your home printer into the 21st century.
鈥 Hazmat management software for improved SME occupational health & safety.
鈥 Data collection tool for geological mapping.
鈥 Software to translate scientific jargon into everyday language.
鈥 Aesthetically pleasing performance wooden bicycles for the competitive rider.

The ventures gathered for the first time on Monday, Sept. 12 for an orientation day where they were introduced to the program and the resources that are available.

For Andrew Jackson, co-developer of GrindSpaceXL along with Elza Seregelyi, it is exciting to meet the ventures at such an early stage and to watch them as they move through the program and build upon the foundations they have already created.

鈥淚t鈥檚 very interesting to meet them where they are at,鈥 he says. 鈥淲e designed this program in a way that there are experiences that are done as a cohort together but for every experience that is done together there is a mirrored activity that is independent where we can then translate, 鈥榃hat does this mean for you in terms of where you鈥檙e at with your company?鈥欌

The competition to join the program was tough with a record number of applications this year. The field was reduced for the pitch stage and then the final nine were selected.

Mr. Jackson says this cohort has great potential. That includes three teams that participated in QICSI 鈥 Cognitiva; Paperweight Technologies; and overall winner RockMass Technologies.

The team members of RockMass 鈥 Matas Sriubiskis (Artsci鈥17); Shelby Yee (Sc鈥16); Matt Gubasta (Artsci鈥17); Rigers Rukaj (Sc鈥17) and Nichola Trinh (Sc鈥17) 鈥 are looking forward to collaborating with the other ventures as well as the GrindSpace team and mentors, but also feel that they will benefit from working within a structured environment as they did in QICSI.

鈥淏eing here at GrindSpace is a great opportunity for us,鈥 Ms. Trinh says. 鈥淲e were part of QICSI over the summer, so being part of an incubator where we can draw on networks of alumni and mentors and other students who are also starting their own businesses, it鈥檚 a really good opportunity to draw on the feedback and get advice from them. Being part of Grindspace we can continue that in a new setting. It鈥檚 still Kingston but we鈥檒l be able to talk to new people. There are a lot of interesting startups that we hadn鈥檛 heard of before and now we鈥檙e going to get that opportunity to work with them.鈥

Participants will have access to numerous resources through their interactions with Queen鈥檚 University, including shared lab, office, collaboration and meeting room space at Innovation Park, services through Queen鈥檚 Industry Partnerships to facilitate research and customer development and access to legal counsel through the Queen鈥檚 Business Law Clinic. They will also be able to access intellectual property, commercialization and financial expertise through PARTEQ Innovations and mentoring and coaching services provided by Launch Lab.

鈥淨ueen鈥檚 University is delighted to continue providing leadership of the GrindSpaceXL program in Kingston, which will accelerate the development of innovative startups on campus and across the region,鈥 says Steven Liss, Vice-Principal (Research). 鈥淭he many quality applicants to this year鈥檚 GrindSpaceXL program are indicative of the entrepreneurial drive and momentum that is building in the area. We look forward to helping these startups, including student-run companies, advance the commercialization of their technologies.鈥

New this year, Secker Ross and Perry LLP will meet with each company to identify opportunities to strengthen corporate governance and provide feedback and recommendations regarding tax structuring and compliance matters.

GrindSpaceXL-Kingston is part of , a collaboration among Queen鈥檚 University, PARTEQ Innovations, and Launch Lab which provides programs and services to accelerate the growth and retention of high potential startups and SMEs. InnovationXL forms part of a broader collaboration with Invest Ottawa and L-SPARK, a B2B SaaS incubator and accelerator, to strengthen the regional innovation ecosystem in Eastern Ontario.