"Best In Show" for Edmonton Unlimited's Propel Fast Track cohort.
Unlocking Local Opportunities; How Extinguishing Ornaments is being supported by Edmonton Unlimited's Ecosystem of Entrepreneur Resources.
Since inception, Extinguishing Ornaments is striving to offer an innovative way to protect families during the holidays. Fortunately for us, we are located close to the dynamic hub for innovation and entrepreneurship which is Edmonton Unlimited. As the City of Edmonton’s innovation agency, they position Edmonton as an inclusive global innovation capital to support innovators as they create companies and solutions to solve the planet’s toughest challenges. Their modo reads "innovation from here for the world; meeting global challenges with homegrown ingenuity. When Extinguishing Ornaments was invited to participate in the Propel Fast Track program, it was a very easy YES!
The Propel Fast Track Program is an ambitious and forward-thinking initiative in collaboration with local business leaders, universities, and innovation organizations. Its primary objective is to accelerate the growth and success of early-stage startups by providing them with unparalleled support and opportunities. Extinguishing Ornaments was able to take advantage of the full range of support which included:
Tailored Mentorship: The program pairs each participating startup with seasoned mentors who provide invaluable guidance, industry insights, and expertise. Mentors play a pivotal role in helping entrepreneurs navigate the complexities of starting and scaling a business, allowing them to make informed decisions and avoid common pitfalls.
Access to Capital: Edmonton Unlimited Propel Program connects startups with a network of investors, venture capitalists, and funding opportunities. By facilitating introductions and providing access to capital, the program helps entrepreneurs secure the financial resources necessary to fuel their growth and expansion plans.
Collaborative Workspaces: Participating startups gain access to co-working spaces, incubators, and innovation hubs, fostering an environment of collaboration, networking, and idea exchange. This not only allows entrepreneurs to work alongside like-minded individuals but also exposes them to a vibrant ecosystem where innovative ideas can thrive.
Educational Resources: The program offers a range of educational resources, workshops, and training sessions designed to equip entrepreneurs with the necessary skills and knowledge to build successful businesses. Topics covered include business planning, marketing strategies, financial management, and more.
Market Access and Validation: Edmonton Unlimited Propel Program facilitates connections between startups and potential customers, partners, and industry experts. This exposure helps startups refine their products or services, validate their market fit, and secure initial customers, giving them a competitive edge.
One exciting win for the Extinguishing Ornaments team was winning "Best in Show" at their cohorts Demo Day.
Following the Edmonton Unlimited Propel Program, Extinguishing Ornaments is positioned to continue it's growth and innovation trajectory. We are excited to continue to work with the Edmonton Unlimited Team and our dedicated coach to ensure product development and growth are focused and efficient. Keep an eye out for our progress into the next programs such as Velocity and Experts on Demand, and check out Edmonton Unlimited if you're a local entrepreneur looking for the very best support and direction!