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The Billion Dollar Fund For Women™/Canada launches to tackle the gender funding gap

Six  Canadian Venture Funds have already pledged as part of the global campaign to mobilize $1B February 20th, 2019 (Toronto and Montreal) – The Billion Dollar Fund For Women launches its Canadian campaign to mobilize a consortium of Canadian venture funds to pledge to increase their investment in women-founded companies. While the gender pay gap is well documented in Canada, what is not is the gender funding gap of venture capital in companies. To address this, The Billion Dollar Fund for Women (“TBDF”) was established to tackle the gender funding gap. A founding group of Canadian venture capital funds are proud...

Ecofuel Fund successfully completes second closing expanding to $40.6M

Montreal, January 25th, 2019 – Ecofuel Fund - one of Canada’s largest seed stage cleantech venture capital funds - is pleased to announce its second closing for total investor commitments of $40.6 million. The Fund collected additional $10.6M in equity to support cleantech seed stage companies from Quebec and Eastern Canada. As part of this closing, the Fund welcomes Desjardins Capital and a number of high net worth investors and receives increased commitment from Investissement Québec, acting as mandatory of the Government of Québec. The other initial investors in the Fund are BDC Capital, the investment arm of the Business...

Ecofuel unveils its 8th cohort

Montreal, October 23rd, 2018 – Ecofuel, a venture capital fund and specialized and personalized accelerator in the cleantech sector, announces the six companies of the Ecofuel Accelerator Fall 2018 Cohort. Selected amongst 33 applicants, they’re the participants of the eight cohort of the Ecofuel Accelerator. Entrepreneurs from Tero, Lekla, Nexus Robotics, SPI Bio, BluWave-aiand Concept GEEBEE will experience in the last three months an acceleration program tailored to their needs, which was already a success factor for many companies in the past four years. They will receive mentorship and advice from about forty mentors who are references in cleantech, business, global...

Recruitment for Fall 2018 cohort of Ecofuel

Montreal, June 12, 20178– The Ecofuel Accelerator is launching the recruitment for its Fall 2018 cohort. Seed stage cleantech companies have until August 31st to submit their application. The accelerator’s seventh cohort will start in October 2018. The four months Ecofuel acceleration program offers a seed investment of up to $75,000 and an access to training workshops, networking sessions and mentors who are a reference in cleantech and/or their respective fields of expertise. Ecofuel's objective is to help entrepreneurs build a sustainable and profitable business plan in an environment stimulated by the other companies in the cohort, the mentors, and the...

Ecofuel unveils its 7th cohort

Montreal, March 7, 2018 – Ecofuel, a venture capital fund and specialized and personalized accelerator in the cleantech sector, announces the five companies of the Ecofuel Accelerator Spring 2018 Cohort. Selected amongst 30 applicants, they’re the participants of the seventh cohort of the Ecofuel Accelerator, which will continue until May 2018. Entrepreneurs from AecopaQ, GiGrow, POTLOC, Senswear and Surveyor.city will experience in the last three months an acceleration program tailored to their needs, which was already a success factor for many companies in the past four years. They will receive mentorship and advice from about forty mentors who are references in...

Ecofuel Accelerator announces its 6th cohort

Montreal, December 17, 2017 – Ecofuel, a venture capital fund and specialized and personalized accelerator in the cleantech sector, announces the two companies of the Ecofuel Accelerator Autumn 2017 Cohort. Selected amongst 30 applicants, they’re the participants of the sixth cohort of the Ecofuel Accelerator, which will continue until December 2017. Entrepreneurs from Biotechnologies Ulysse and Helios UAV have experienced in the last four months an acceleration program tailored to their needs, which was already a success factor for many companies in the past three years. They have receive mentorship and advice from about forty mentors who are a reference in...

The Government of Quebec partners with the Ecofuel Accelerator

Montreal, December 17, 2017 – Ecofuel, a specialized and personalized accelerator dedicated to the cleantech companies, announced today, in the presence of the Minister of Energy and Natural Resources and the Minister responsible for the Northern Plan, Pierre Moreau, the Ecofuel Accelerator received a $5.5M financial support from the Government of Quebec. This partnership comes from the Green Fund and is managed by Transition énergétique Québec, which will also work closely with the Ecofuel Accelerator Quotes “Cycle Capital created the Ecofuel Accelerator four years ago with the support of its collaborators and investors. As the president of the Board of directors, I...

Ecofuel Fund: $30M to support cleantech companies

Montreal, December 17, 2017 – Ecofuel, a venture capital fund and specialized and personalized accelerator in the cleantech sector, announced today the first closing of the Ecofuel Fund, in the presence of the Quebec’s Minister of Energy and Natural Resources and Minister responsible for the Northern Plan and the Fund’s limited partners: Investissement Québec, acting as mandatory of the Government of Québec, BDC Capital, the investment arm of the Business Development Bank of Canada (BDC), Fondaction, the Fonds de solidarité FTQ and the Centre Québécois de valorisation des biotechnologies (CQVB). The Ecofuel Fund, a $30M venture capital fund, will invest...

Ecofuel Accelerator is now accepting applications for its Spring 2018 Cohort

Montreal, November 02, 2017 – The Ecofuel Accelerator is launching the recruitment for its Spring 2018 cohort. Seed stage cleantech companies have until December 31st to submit their application for the accelerator’s seventh cohort that’s starting in February 2018. The four months Ecofuel acceleration program offers a seed investment of up to $75,000 and an access to training workshops, networking sessions and mentors who are a reference in cleantech and/or their respective fields of expertise. To apply, please submit your project online at www.ecofuelaccelerate.com/apply or contact Olivier Gagnon-Gordillo, Operations Director at oggordillo@ecofuelaccelerate.com. About Ecofuel Ecofuel is a specialized and personalized accelerator dedicated to cleantech...