BHive, Brampton’s leading international startup incubator, and Altitude Accelerator, a prominent player in North American CleanTech acceleration, have signed a Memorandum of Understanding (MoU). This agreement reinforces their commitment to fostering innovation in Brampton.
This strategic partnership is designed to streamline the journey for international CleanTech startups. It leverages BHive’s skill in identifying exceptional global startup founders and Altitude Accelerator’s expertise in growing technology companies. Under this MoU, BHive will act as a critical entry point, guiding promising startups through its virtual incubation process. This process will prepare international startups with their go-to-market strategies. Meanwhile, Altitude Accelerator will lead comprehensive programming to advance their progress, connecting them with industry experts and funders.
This collaboration marks a shared vision to establish a thriving innovation district in Brampton. By combining their resources, BHive and Altitude Accelerator aim to attract the brightest minds to the city, offering them a customized and transformative experience. This partnership highlights their dedication to the growth of cleantech startups and positions Brampton as a significant player in the innovation landscape.
Together, BHive and Altitude Accelerator are set to reshape the future of CleanTech in Brampton. They aim to foster a dynamic ecosystem that not only attracts top-tier talent but also launches sustainable cleantech innovations onto the global stage.
“Sharing resources with Altitude Accelerator is a testament to our shared vision of transforming Brampton into a global startup hub. This partnership will provide startups with unparalleled access to business resources, mentors, and subject matter experts that will maximize their opportunity to succeed”, said Vikram Khurana, CEO of BHive.
“With BHive’s international reach and Altitude Accelerator’s expertise in accelerating cleantech startups, we’re unlocking a new era of collaboration, entrepreneurship, and job creation in Brampton. Together, we will redefine what it means to be an innovation-driven city”, said Pam Banks – Executive Director of Altitude Accelerator.
“At the City of Brampton, we recognize the transformative power of startups in driving economic development. This strategic partnership between Altitude Accelerator and BHive reinforces our commitment to supporting entrepreneurship, job creation, and attracting global talent to our innovative ecosystem. Brampton is at the forefront of the global startup landscape, opening doors for investment, innovation, and exponential growth”, said Clare Barnett – Director of Economic Development and International Relations at the City of Brampton.
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