Canadian Technology Accelerator Initiative in New York City (CTA @ NYC)

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The Consulate General in New York established a Canadian Technology Accelerator (CTA@NYC) in New York City in 2012 to help Canadian digital media companies access key resources to accelerate their growth. New York City is increasingly taking centre-stage as a hot-bed for internet-based technology entrepreneurship and is a world capital for advertising, media, fashion/retail, financial services and innovation.

What is the CTA@NYC?

The program is targeted to high-potential early-stage companies in digital media (including ad tech, data analytics, fintech, e-commerce and software) that are selected through a competitive process guided by the private sector. Selected companies receive space for four months at Grind (www.grindspaces.com), a local co-working facility, along with mentoring with business contacts to fast-track growth. Grind is a sophisticated community that consists of a membership of peers including start-ups, established companies, VCs and media representatives.

Since launch, the CTA@NYC has worked with over 50 alumni companies, generating significant results for these businesses.

The CTA @ NYC is geared to supporting start-ups looking to achieve the following business objectives in the NYC market:

  • Strengthening angel / VC investor networks
  • Landing a marquee client / strategic partnership
  • Exploring expansion of business development operations into NYC

The Companies

The companies accepted into the CTA must have a product in place, demonstrated revenue and be relevant to the NYC market.  Companies are responsible for their living expenses while in New York but receive the following:

  • office space at “Grind” co-working space, including access to its tech community
  • strategic advice from a team of local industry experts
  • connections to potential investors and clients
  • three-day orientation program: mentoring sessions are tailored to incoming companies and may include topics such as pitch training for the NYC market; raising capital; sales and business development to large corporates; marketing, media and PR; exit strategies; managing a Board of Advisors; managing growth
  • exit program: individual meetings with companies to assess results and establish an action plan
  • alumni program: In an effort to help companies into their growth stage the CTA@NYC will work closely with companies after they have graduated from the four month program.

Key Dates

Group 9 (May 7th to September 9th) 2014

  • September 9, 10, 2014 – Exit-Program

Group 10 Financial Technology Cohort

 Important Dates:

  • May 28 to June 19, 2014 Recruitment 
  • June 27 Selection completed
  • September 8 Pre-Orientation and Networking
  • September 9 to 11 Orientation Program
  • September 23 & 24 Finovate Fall
  • January 6, 2015 Graduation/Exit Interview

Group 11 (January 6th, 2015 to May 5th, 2015)

  • January 6 – Pre-Orientation Networking event
  • January 7-9 – Orientation program
  • May 5, 2015 – Exit-Program

Recruitment Dates for 2014

Group 11 "Digital Media" 
(including Fin Tech, Ad Tech, Big Data Analytics, Software-as-a-Service, e-commerce, and online content production) - 

CALL FOR APPLICATIONS:
September 2 - October 19, 2014

However applications are now being accepted for the January cohort.

Application Form


For more information, contact ctanyc@international.gc.ca