Palette is pleased to announce its acceptance into the AC JumpStart program, which provides funding and mentorship aimed at growing their business and accelerating their sales. In addition to Palette, 25 other innovative companies were selected to make up the third cohort of the program.
Through the AC JumpStart program, each company will receive $30,000 in seed funding, $10,000 worth of mentorship from the AC’s team of industry experts, as well as access to market research, investor connections, and the AC’s network of Clients and Graduates.
About AC JumpStart
Funded through an $8 million commitment from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), the AC JumpStart program is delivered in partnership with Conestoga College, Wilfrid Laurier University and the University of Waterloo.
The AC JumpStart program began in January 2015, with three cohorts of companies participating in the program in 2015, and two cohorts annually in subsequent years. Each cohort receives funding and mentorship over a 12-month period. Over the next four years (2015-2018) the program will support 180 companies.
About the Accelerator Centre
The Accelerator Centre® (AC) is dedicated to building and commercializing technology startups. The AC provides an essential combination of mentorship, educational programming, professional office space, and access to funding. Since 2006, the AC has developed 200 early-stage companies that have created more than 1500 new jobs and generated over $500 million in revenue and funding. For more information visit www.acceleratorcentre.com.
About FedDev Ontario
FedDev Ontario delivers programs and services to help create, retain and grow businesses, cultivate partnerships and build strong communities. The Agency’s programming is designed to support a strong southern Ontario economy and position the region to compete globally. For more information, visit www.FedDevOntario.gc.ca.
Palette is a modular controller that can be used with virtually any type of software. With tight integrations with Adobe products Lightroom and Photoshop, Palette is the perfect addition to a photographer’s workflow as it increases efficiency for repetitive tasks with lazer-like precision. The revolutionary innovation also transcends borders of functionality as it can also be used as aMIDI device for music control, joystick, or as a substitute forkeyboard shortcuts. It’s magnetic interface allows for a customizable layout that fits everyone’s individual workflow.
Palette was founded in 2013 by product designer Calvin Chu and has since grown to 6 full-time employees. Palette participated in the HAX Accelerator, the University of Waterloo’s Velocity program, and the Creative Destruction Lab at the University of Toronto. Palette has been funded by Extreme Venture Partners, SOSventures, and through Palette’s successful Kickstarter campaign in 2014.
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