propel Accelerator is the ICT industry and the broader business community's chosen vehicle for actively supporting start-up, early stage, and second-life ICT companies in New Brunswick.

Professionals use a team to win.
propel Accelerator is a professional team of experts focused on accelerating the growth of your Information and Communications Technology (ICT) venture. We're the catalyst that fuels your idea by providing:

• Access to experienced mentors, helping you aggressively
  move from early-stage product development to market readiness.


• Connections to low-cost resources like equipment, office
  space, and communications and support services.


• Membership in a business network that drives new partner
  relationships and customer acquisitions. '


• Experience in the creation of necessary business systems
  and processes to ensure your company's longterm viability.


• Links to funding sources and advice on making your company
  more attractive to outside investment.

Who is on my team?
propel Accelerator is a community of mentors focused on your success. We match you with a successful mix of mentors that can become your virtual management team to assist in strategic planning and decision-making.

What's the investment?
As a client of propel Accelerator, you pay for the program through a royalty model. The program is designed in such a way as to reduce the impact on the finances of a startup firm, to get you in and out of propel Accelerator as quickly as possible.

• no charge during year one.


• 5% royalty after year one.


• 10% royalty after year two.


• 15% royalty after year three.

You may graduate at any time. After graduating from the program you have two options:

• 2% royalty for 2 years if either you or your company
  become an advisor in the program


• 5% royalty for 2 years.