AC Client Plasticity Labs' inspirational story featured in The Toronto Star

In September 2009, Canadian professional lacrosse player Jim Moss was training for the new season by running up a mountain.

Just 48 hours later, he couldn’t walk.

Moss and his wife Jennifer, who was seven and a half months pregnant, were told that Jim had contracted a rare auto-immune disease and would lose all use of his legs.

“I was losing my profession. I didn’t know if I was going to be able to walk again. We were just about to have a baby. I had lost 85 per cent of my salary, and we lived in the most expensive zip code in the United States,” he recalls.

In other words, happiness was in short supply.

And yet, Moss’s hospital bed became the unlikely incubator for an ambitious project to create happier, healthier workplaces.

As his recovery process began, Jim realized his mood was having a significant impact on his physical rehabilitation. He began taking notes on the small things that brought him joy during his convalescence. Although he had not yet realized it, he was tapping into the theory of neuroplasticity. Its premise: that positive behaviour can rewire the brain and body for the better.

A month later, Jim Moss walked out of hospital.

It was almost certainly not the sole reason for his rapid recovery, but Moss was sufficiently convinced by the science of gratitude to begin studying it in earnest. The couple returned to Canada, settling in the Kitchener-Waterloo area. And four years after Jim’s collapse, their company, Plasticity Labs, launched a product whose understated goal is “helping a billion people find what makes them happier.”

The office was a natural starting point.

“I’ve been in a workplace that was negative,” says Jennifer. “I had to constantly fight and battle being in a negative environment, and then try and bring positivity into the home. And it was very, very difficult to do.”

Enter the Plasticity app, which celebrates its one year anniversary this month. It’s described by Jim as a “mash-up of Facebook, Linkedin and Twitter, with a shot of Survey Monkey.” It’s the first attempt in the world, Jim says, to combine a social platform with research-based analytics in a single technology

Here’s how it works: employees log-in to the phone app daily by rating their happiness on a scale of 1 to 100 and explaining the reason for their score.

Once inside, the app works like “a really positively focused Facebook stream.” Employees socialize online and share their successes — an exercise guided by the principles of neuroplasticity.

To read the full article click here.

AC Grad BigRoad teams with NexLink for new electronic driver solution

BigRoad, a provider of fleet applications, and NexLink Communications have teamed up for a new mobile solution to help drivers avoid paper-based compliance.

NexLink offers wireless devices.

The “Open Truck Alliance” will offer the BigRoad app preloaded on all NexLink devices sold under the Alliance. Each device will be a fully compliant electronic logging device and offer effortless and error-free electronic driver logs; real-time tracking of HOS availability, location and traffic; streamlined vehicle inspection reports; roadside inspection risk dashboard; and document management and instant messaging.

Also, users will have access to state-by-state mileage reporting linked to GPS.

Click here to find out more.

AC Grad BigRoad launches new product

The CFR 3.9515-compliant Automatic On-Board Recording Device BigRoad promised this summer, notes BigRoad COO Terry Frey. The unit is an update beyond BigRoad’s software-only logging and management apps most drivers will be familiar with today. The company worked with an Indiana-based manufacturer to produce the link to the engine’s ECM that you see in the picture above.

That small unit, which plugs into the truck’s data portal (in many, it’s on the driver’s side at various points under the dash), communicates via a Bluetooth connection with software that has a look and feel similar to BigRoad’s current applications, installed on operators’ Android- or iOS-powered smartphones or tablets.

The “DashLink” software you can think of as an upgrade to what the company currently offers, and it comes with attendant versions manageable from the back office, where such is needed. The entire package is currently operating under a rental model, at $10 a month for the plugin hardware, $15 for the software, of a piece with BigRoad’s continued goal to be the “most affordable” among ELDs/EOBRs/AOBRDs on the market. In future, Frey said, fleets that already own their own engine-connected devices that communicate via Bluetooth will be able to transition to BigRoad with custom company certification of the connection.

To read the full article, click here.

AC Grad Clearpath Robotics honoured as Junior Achievement's business of the year

A fast-growing manufacturer of vehicle robots is Junior Achievement of Waterloo Region‘s business of the year.

Clearpath Robotics was honoured Thursday night at the organization’s Business Spirit Awards dinner. It was one of five organizations and one-student run business that received awards.

Clearpath designs and makes robots – for land, water and air – that are intended to automate dull, dirty and dangerous jobs.

The company, founded in 2009 by four University of Waterloo engineering graduates, serves academic, mining, military, agricultural and industrial markets in 35 countries around the world. It has about 70 employees.

To learn more, click here.

Accelerator Centre's Momentum Gives Earliest Stage Tech Startups a New and Defined Path to Market

Tariq Ali Asghar_ CEO of ESIG_for Momentum Blog post Nov 2014Ask any entrepreneur and they’ll tell you starting a business is one of the toughest things they’ll ever do. It’s a journey filled with promise but also full of risk. Since 2006, the Accelerator Centre (AC) has played an essential guiding hand helping tech startups mitigate that risk.

And yet, for every company that meets the AC’s stringent requirements for admission into its facility, there are another 4 or 5 that aren’t quite there yet, says Andrew Jackson, the Accelerator Centre’s vice president, client services.

“We consistently have entrepreneurs applying to our program who have great technologies with promise, or great business ideas, but don’t yet meet all the criteria we set out for admission into the full Accelerator Program,” he says. “So we found ourselves regretfully turning a way a lot of people who could benefit from our help.”

That fact didn’t sit well with the Accelerator Centre team, so they decided to do something about it.

“We began by pulling together our in-house mentors, key stakeholders, and CEOs of graduate companies to brainstorm how we might go about serving earliest stage companies better. Out of this effort, we were able to create new phase of AC programming targeted at helping those early stage entrepreneurs build a strong business foundation,” says Andrew. Called Momentum, this initial phase of programming offers entrepreneurs a structured curriculum focused around market validation, and individualized programming and mentorship tailored to the company and its specific needs.

“When a company applies to the Accelerator Centre, they don’t choose the program they want to enter. Rather, they are assessed by our intake team, and a recommendation is made as to which program is best suited for their needs,” says Andrew. “We’ve had companies meet with us believing they are further along, until we begin explaining the Momentum program. Then they realize how valuable Momentum will be.” Andrew notes that while a company typically takes about a year to complete the Momentum phase, there are exceptions where a company will speed through the program.”

Just a few months into its existence, Momentum has attracted 7 entrepreneurs into the program, with a goal to attract another 7 or 8 to reach full capacity. As a first step, every company in the Momentum phase is completing AC Pathfinder™, an intensive market validation exercise based on the lean canvas methodology which includes surveying and ‘testing’ potential markets to gauge demand for the company’s product offerings.

“Market validation offered by AC Pathfinder is really critical to a company’s success. It gives the entrepreneur a clear vision for their market, which then informs every other business decision,” says Clinton Ball, the Accelerator Centre’s manager of client services. “It also helps us determine where the business requires immediate mentorship. For instance, if they are trying to sort out their sales strategy, or channels, we’ll pair them up with Kevin Hood, the AC’s sales and marketing mentor. If they haven’t thought through their IP, then we’ll have them spend time with Bob Rushby, a former CTO of Christie Digital and the AC’s technology mentor. Or if they need to incorporate or sort out their taxes, we’ll bring in Kevin Elop, our finance mentor.

Momentum has been a fantastic experience to date,” says Tariqu Ali Asghar, CEO of ESIG Inc. “The Pathfinder program, which we’ve just completed really helped us zero in on the right market for our technology, and clarify our business strategy and planning efforts.”

The application process to Momentum is very easy. Entrepreneurs can apply anytime through the Accelerator Centre’s web site. They are then contacted within 3 business days by the AC team, where an initial interview is scheduled and the process begins.

“While startups have a lot of services and resources available to them across Waterloo Region, the fact is, demand is still exceeding supply,” says Clinton. “It’s our mandate to reach out to that underserved market. We want to give companies at every stage the very best opportunity to succeed in their business ventures. Momentum helps fulfill that mandate by filling in a gap in the AC’s service offerings.”

Interested entrepreneurs can apply anytime to the Accelerator Centre here www.acceleratorcentre.com/apply/.

The Accelerator Centre, Clients and Graduates Fill the Pages of the New 2014 Waterloo Region Record Technology Spotlight

techThe latest Technology Spotlight hit the streets this week in Waterloo Region, and the Accelerator Centre along with its Clients and Graduates fill the issue’s pages with stories of startup life and business success.

This year’s edition features interviews with AC CEO Paul Salvini and Board Chair/Angel Investor Michael Stork. It also includes stories on companies who have benefited from the AC’s incubation services including AntVibes, Universal Quantum Devices (UQD) (a startup out of the Institute of Quantum Computing), MyLocal, Tyromer and RENOMii, along with features on AC Graduates Axonify, Clearpath Robotics, CrossChasm, DeepTrekker, Primal Fusion, InfiniDy, LoyaltyMatch, Kik, and Trustpoint Innovation Technologies.

“With an estimated 1000 startups in the Region, it is quite an accomplishment to have 14 of the 22 featured companies in this Tech Spotlight connected to the Accelerator Centre,” says AC CEO Paul Salvini. “We often talk about the impact our Client companies and Graduates are having on the Waterloo Region economy, creating thousands of jobs and generating hundreds of millions in revenue and investment. But to see the stories behind those numbers come to life on the pages of the Technology Spotlight has our team brimming with pride.

“Our staff and world-class mentors work hard to develop and deliver the highest quality programming for our Clients. The ultimate measure of our success as an accelerator is the economic impact of its clients. This year’s Technology Spotlight clearly shows that we’re on the right track.”

A hard copy of the 2014 Tech Spotlight was distributed to the Waterloo Region Record’s readership along with the paper this week. If you missed it, a digital version of the Tech Spotlight can be accessed online.

Soochow University tours the Accelerator Centre

In April this year, University of Waterloo President Feridun Hamdullahpur led a group to visit partner universities on a China Mission, with Soochow University at the top of the list. The two schools signed MOUs in February, 2011, with Waterloo Institute for Nanotechnology (WIN). The SUN-WIN Joint Institute of Nanotechnology was established when Waterloo and Soochow signed a partnership agreement in nanotechnology in February 2012.20141105 AC

Read more about President Hamdullahpur’s initial trip to China in April here.

For additional information regarding the Waterloo Institute for Nanotechnology – Soochow University – Suzhou Industrial Park Joint Workshop, read Hamdullahpur’s key note presentation here.

An inside look at the Accelerator Centre for the Entrepreneurship Society at UWaterloo

When you are a part of an Entrepreneurship Society in a city as innovative as Waterloo it sometimes feels like the society just runs itself. The Accelerator Centre is located minutes from campus and a great resource for the entrepreneurial minded. 

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Success Starts Here

The Waterloo Accelerator Centre (AC), located within the David Johnston Research + Technology Park, is an award-winning facility dedicated to developing and commercializing technology startups. The Waterloo AC provides its startup clients with an essential combination of executive mentorship, educational programming, facilities, networking, and access to funding and facility services. The goal of the AC is to build successful companies within Waterloo Region’s ecosystem.

What makes the Waterloo AC unique?

Our in-depth programming, unique accountability model, and long-term view distinguish the Waterloo AC from other accelerators and incubators within the Canadian commercialization landscape. While other incubators tend to work in sprints – putting a startup through an intensive program of several weeks or months, the AC’s approach to its clients is very different. Our focus is on building long-term relationships with businesses – helping entrepreneurs move from startup to scale-up, accelerate their time to market, attract customers, and drive revenue as well as investment.

The average client entering the Accelerator Centre’s program will spend as much as three years with us, working their way through various milestones of achievement set out within our structured programming and guided by intensive, ongoing coaching. A newly established Momentum program also serves as a starting point for companies who do not yet meet the AC’s criteria for acceptance, and offers its own structured programming around market validation and initial business plan creation.

Securing funding for a startup is always a top of mind priority for the CEO of any fledgling company.

Clients who successfully graduate the Accelerator Centre’s program are fully formed, sustainable businesses. Indeed, a number of graduates from the AC, including Axonify, Clearpath Robotics, CrossChasm, Intellijoint, Kik, Miovision, Magnet Forensics are highly respected, multi-million dollar businesses and are becoming significant employers within the Waterloo Region.

To read the full blog post click here.

To learn more about the Entrepreneurship Society at UWaterloo you can visit their main website at www.uwesociety.com

AC Delegation Tour with the Trade Commissioner of Mumbai

Sree Sanyal, the Trade Commissioner of the Mumbai office, Robin McNab, the Trade Commissioner at the Waterloo Region Office of the Department of Foreign Affairs, Trade and Development and 5 Indian startups that are part of the Canadian Technology Accelerator in India toured the Accelerator Centre as part of their Canadian visit.

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Bloomingdales taps AC Grad Axonify to gamify associate training

Retailers wanting to provide the best possible customer experience need to focus on building associate engagement and loyalty by treating them properly. Proper treatment starts during the training process and puts them in the best possible to succeed.

In a recent webinar, Christine Tutssell, VP of Strategic Initiatives at Axonify, discussed how Bloomingdale’s ramped up its training and eLearning program to be more gamification-oriented, ongoing and engaging for associates.

With the gamified eLearning approach, Bloomindale’s associates experienced knowledge lifts in numerous company topics, including the awards program (22% increase), display hazards (21%), safe lifting (17%), emergency shutdowns (14%) and box cutters (13%).

To read the full article, click here.