Four Montreal companies are among the 10 most promising identified by a group of local investors.
FounderFuel, Montreal's newest startup accelerator, announced Monday it will invest $250,000 in 10 fledgling companies in hopes of boosting their fortunes.
The companies will undergo a 12-week intensive program that begins next Monday. They will be given shared office space, get coached by a network of mentors, and meet potential investors.
The names of the companies and their vocations have not yet been made public, but what is known is that all 10 teams are Canadian. Aside from the Montreal groups, two hail from Waterloo, another two are from Toronto, and one hails from Vancouver.