VANCOUVER — Wireless business accelerator Wavefront is boosting its training programs for entrepreneurs in the telecom sector.
The Vancouver-based enterprise announced Wednesday that it has signed a deal with the B.C. Innovation Council to deliver BCIC’s “venture accelerator program”.
BCIC already offers the program to entrepreneurs in the Okanagan and on Vancouver Island.
Wavefront will focus on its core constituents in the telecom sector, wireless hardware and software developers.
The program will offer a higher level of training at a cost of $200 per month.
That includes access to new executives-in-residence, other mentors, training sessions and business clinics, Wavefront said in a news release.
The federal government in December 2010 named Wavefront Canada’s centre of excellence for wireless research and commercialization of new products, adding $11.6 million over five years to $11 million of government, academic and industry funding that was already in place.
Wavefront’s roster of services includes access to many of the world’s top telecoms and a high-tech product testing lab at its 20,000-square-foot downtown Vancouver offices.
“Adding the structure of the venture acceleration program to their portfolio of services creates a program of unprecedented value to early stage companies in B.C.’s wireless sector,” BCIC managing director Dean Prelazzi said in the release.
Brad Lowe, wireless accelerator architect for Wavefront, said the venture program’s executives-in-residence will be “serial entrepreneurs” with knowledge to share with “younger, newer companies that really need someone to help coach them and guide them through those early stage of development of the company.”
Training could focus on general business issues such as taxation or financing, or specialized skills such as search engine optimization for driving website traffic.
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