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Canadian Technology Accelerator in New York Launches New Partnership

CTA@NYC announces its eighth cohort and its new strategic and continued partnership with Grind Spaces and BDC, respectively.

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March 6, 2014 (FPRC) -- The Canadian Technology Accelerator (CTA@NYC) launched in 2012 through the Canadian Consulate General in New York, has entered into a new strategic relationship with Grind, a co-working space designed for entrepreneurs in the heart of New York City. Through Grind, participating companies of the CTA@NYC can access the vibrant start-up ecosystem of New York, enabling connections and collaboration, and ultimately bringing more technology solutions to market. Currently, eight leading-edge Canadian start-ups are at Grind until May.

“We are thrilled about the raw energy, enthusiasm, and drive that the young start-ups are bringing to Grind. We will also get to support that raw talent and help shape and develop the ideas that they are trying to get into the world.” Says Benjamin Dyett, co-founder of Grind.

Three times a year, through a selection process involving the private sector from both Canada and the U.S., the CTA@NYC brings promising Canadian digital media start-ups to New York City for four months to strengthen their networks and expose them to the City’s leading publishing, media, design, and entertainment companies.

To date, over 50 companies have successfully participated in the CTA@NYC program resulting in numerous partnerships, new clients, and investments for the companies. Several have opened offices in New York, contributing to a strengthened North American innovation ecosystem. Recruitment for the next intake is currently underway.

BDC Venture Capital partners with the Canadian Consulate to fund the CTA program. With more than $1 billion in current and planned investments, BDC Venture Capital is a Canadian investor focusing on IT, health, and energy/clean technology companies, as well as venture funds, with high growth potential.

For more information regarding the CTA@NYC program, please email Irena.Harris@international.gc.ca.

Companies currently at the CTA@NYC:

DECODE GLOBAL develops fun games that raise awareness about important global issues and provides international fellowships for young technologists. www.decodeglobal.com

iTHINKSECURITY is an award winning R&D Lab that builds products and services around document security and tracking. The company provides bulletproof digital document security solutions to protect the most sensitive corporate information. www.ithinksecurity.com

JOBBOOK makes recruiting efficient and revenue generating for employers and makes finding a job easy and efficient for candidates. www.jobbook.com

LEADSIFT is a platform to cut through the noise in social media to identify targeted engagement opportunities for businesses. www.leadsift.com

NEXALOGY technology cleans, filters and focuses on social data, generating powerful business insights, providing our clients with better decision-making capability. http://nexalogy.com

NOWINSTORE is a cloud-based business solution for fashion designers. www.nowinstore.com

TACTICSCLOUD is a relationship-based social network insights platform for marketing, sales, and business development teams that want to gain actionable insights into the social networks of their leads, customers, and competitors. www.tacticscloud.com

VIDEOGAMI is a video platform that allows people to save, share and re-live the moments that matter with video. www.videogami.com

About CTA@NYC
The CTA@NYC is an innovative initiative of the Consulate General of Canada in New York which provides Canada's most promising tech start-ups an opportunity to benefit from a tailored mentoring program to accelerate their growth. www.can-am.gc.ca/new-york/

About Grind
Grind is a 22nd century platform that helps talent collaborate in a new way: outside the system. Grind isn’t an office, it’s the antidote to offices. A members-only workspace and coworking community dedicated to taking all of the frustrations of working the old way and pulverizing them to a dust so fine it actually oils the wheels of the machine. Visit http://grindspaces.com for more information.


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