Comments on Funding:
V13 Policetech Accelerator Founding Partner, Northumberland CFDC, may, in its sole discretion, provide up to $50,000 in investment for companies admitted by the Chief of Police into the Scale-Up stream of the V13 Policetech accelerator, in one of the following forms:
- Convertible note;
- Venture debt.
Additional financing solutions may be available up to $250,000 by separate application to Northumberland CFDC’s Community Futures Program (CFP).
The applicant must:
The process of shortlisting applications for invitation to the competition is based on the following evaluations:
- Recommendation and summary of due diligence in review of the application by the V13 Policetech Accelerator Business Development Officer.
- The summative recommendation of the Innovation Platoon based on scoring the Project Summary. Information on scoring criteria will be provided in the Call for Applications and may change based on the challenge statement.
Other Things to Note:
The V13 Policetech Accelerator is a joint venture of Cobourg Police Service (CPS) and Northumberland Community Futures Development Corporation (CFDC) with the support of FedDev Ontario’s Rural Innovation Initiative.