Bring your Idea to Market: Genesis Centre Seeks Applicants for Evolution Pre-incubation Program

The Genesis Centre today announced that they are accepting applications for their Fall 2015 Evolution program.  Are you working on an idea for a product, company or service? Evolution is an eight-week intensive workshop to help entrepreneurs develop their ideas and refine their business models. The program is ideally suited to early stage entrepreneurs who have a technology-based business idea.

Completed in three phases, the program is derived from best practices and integrates e-learning, in-person workshops and customer interviews. It blends the Lean Startup movement with programs from the Silicon Valley, including Google’s “Startup NEXT” program.

Evolution enables participants to validate their ideas and identify potential markets, while enabling them to quickly learn if their business model will work. At the end of the eight weeks, entrepreneurs have the opportunity to promote their venture to a panel of industry experts during “Pitch Night.”

“Whether you’re planning to apply to the Genesis Centre’s incubation program or need objective feedback on your product idea, the Evolution program helps you reach that goal. The eight-week program delivers what would normally take a year or two for an entrepreneur to experience in the real world,” said Greg Hood, president and chief executive officer, Genesis Centre. “Ultimately, it optimizes an entrepreneur’s chances of success in the market,” he added.

Past participants in Evolution include HeyOrca, a social media platform developer, as well as B Sharp!, which was founded by a local musician whose goal is to teach children and musicians how to read music.

The deadline for applications is September 11, 2015.  Interested parties can apply here.

The program fee for Evolution is $50 per team member, which goes directly toward covering program logistics.

About the Genesis Centre

The Genesis Centre, located at Memorial University, is an incubator for technology-based ventures with high-growth potential. It is one of the top ranked incubators in Canada and was named Canadian Incubator of the Year in 2011. Since the Genesis Centre was founded in 1997, it has helped almost 60 start-ups raise more than $85 million in private equity. Genesis alumni are among the leading start-ups in Atlantic Canada and include Verafin, Rutter Technologies, Avalon Microelectronics (acquired by Altera), Solace Power, SubC Imaging, EMSAT, ClearRisk, Genoa Design and Virtual Marine Technology. For more information, please visit www.genesiscentre.ca.