Entrepreneur finalists to pitch new business ideas at Innovator Idol

Mississauga, Ontario – May 1, 2013 –  The finalists for Innovator Idol were announced today by the RIC (Research Innovation Commercialization) Centre.  The start-up companies will pitch their new business ideas to an expert business panel on Wednesday, June 5, 2013, at the annual “Innovator Idol” competition. At stake is a prize package worth over $30,000 to help propel business forward for the lucky winner. This year’s title sponsor of “Innovator Idol” is intellectual property law firm Bereskin & Parr LLP.

“Canadian innovators, both young and experienced, have a strong track record in bringing innovative products to the world.  Innovator Idol celebrates the efforts and successes of entrepreneurs and their ideas,” says Bhupinder Randhawa, a partner at Bereskin & Parr LLP and head of the firm’s Electrical & Computer Technology patent practice group.

There are four finalist companies that are competing in 2013 “Innovator Idol”:

  • SenoSNSE Medical Systems – breast cancer pre –screening test
  • Veterinarium Corporation –  tablet application for the veterinary industry
  • Xromb Inc – mobile commerce platform
  • Richpoint Pharma – drug delivery technology to treat fungal infections

“Innovation is the key to grow economic prosperity and jobs in Peel Region.  Innovator Idol is just one example of how programs delivered by RIC help entrepreneurs develop their business and connect with motivated investors,” says Pam Banks, executive director of the Altitude Accelerator in Mississauga. “The Altitude Accelerator has been helping tech entrepreneurs fast track their business to market in Mississauga, Brampton, and Caledon since 2009,” adds Banks.

Altitude Accelerator provides services to emerging entrepreneurs including:  business mentoring, market intelligence, financing, and networking through three “Entrepreneurs in Residence”. For established companies, Altitude Accelerator provides:  a roundtable innovation exchange; industry-academic collaboration; and peer-to-peer networking. Best of all, the vast majority of Altitude Accelerator services are free.

The “Innovator Idol” competition is the finale event for the Altitude Accelerator’s monthly networking and entrepreneurial training breakfasts for 2013, called “Growing Your Business.”  The competition is a hybrid modeled on American Idol and Dragon’s Den where four companies are invited to present their company pitch to an investor panel for prize package as well as feedback.

The 2013 “Innovator Idol” will be held 7:30am to 11am, at the Noel Ryan Auditorium, Mississauga Central Library at 301 Burnhamthorpe Road West, Mississauga, ON. Past “Innovator Idol” winners not only benefited from exposure to funders and valuable prizes, but they have gone on to become significant players in Canadian and international markets.

For more Information, please contact:
Pam Banks
Executive Director, Altitude Accelerator

The Altitude Accelerator is a registered not-for-profit organization that offers support to entrepreneurs and innovators who want to take their great ideas to market in advanced manufacturing, life science and emerging technologies. The Altitude Accelerator is created through partnership with the Ontario ONE Network and community partners in Mississauga, Brampton and Caledon; Region of Peel; Sheridan College; University of Toronto Mississauga and MaRS.  

The Ontario Network of Excellence (ONE) is a collaborative network of organizations across Ontario, designed to commercialize ideas. Whether you are an innovator, a technology-based business, entrepreneur, or researcher, ONE will connect you with services and programs to help you innovate and gain a competitive advantage.

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