Invest Ottawa adds four startups to accelerator program

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Invest Ottawa has added another four startups to its rolling accelerator program, bringing the total number of companies under its umbrella to nearly 50.

The regional economic development agency announced last May that it was transitioning some of its startup support services into a more formal accelerator program with a competitive application process. The IO Accelerator is open to early-stage startups with a minimum viable product, some market traction but less than $2 million in annual revenues.

The companies below will join 45 other startups in the Invest Ottawa program, which features a rolling application process rather than individual cohorts.

FanSaves

The FanSaves app encourages fans to patronize the businesses that sponsor their favourite local and professional sports teams in exchange for exclusive deals and discounts.

ITmanager.net

Ottawa-based IT services firm ITmanager.net offers remote server administration services from anywhere in the world. According to its website, the company counts major brands including Disney, L’Oreal and Denny’s as customers.

Snappa

Snappa creates templates and customization options for businesses looking to promote themselves through graphics tailored to a variety of platforms and social media.

VigilantCS

Compliance software firm VigilantCS reduces the cost, time and administrative burden associated with compliance and regulatory demands through an automated solution. The company also was previously a member of the Kanata-based L-Spark accelerator.