Michael Nussbacher, co-founder and chief executive officer of Toronto-based Epilogger, recently returned from a three-month program run by Montreal-based accelerator FounderFuel.
The program gave him training, mentoring and $25,000 in seed funding; in return, he gave up a 6-per-cent equity stake in his company.
The program wrapped up with a “demo day” pitch, where Epilogger was deemed “venture-ready” and received a $150,000 convertible note from the Business Development Bank of Canada. Mr. Nussbacher has since been fielding further offers from investors for his company, which makes an application that consumers, marketers and event organizers can use to share and archive social content before, during and after events.
To read the full, original article click on this link: Jumping on the accelerator bandwagon - The Globe and Mail
