Entrepreneurs Win $100,000 at Communitech’s Fierce Founders Bootcamp Pitch Competition

WATERLOO REGION, Ontario–(BUSINESS WIRE)–Communitech is pleased to announce the winners of its third Communitech
Fierce Founders Bootcamp
 Pitch Competition Thursday. The top three
winning founders were awarded a portion of the $100,000 prize. Borealis
took first place with a $40,000 prize and is the first startup
accepted into the Communitech
Fierce Founders Accelerator
. Navi
and Oneiric
shared second place, each with a $30,000 prize.

The bootcamp took place over two weeks during summer 2016, bringing in
24 companies and 26 female founders to learn how to grow their
businesses. The winning founders are also welcomed to take the first
spot in the Fierce Founders Accelerator focused on women-led businesses
beginning in September 19, 2016. They’ll receive up to $30,000 in
funding, six-months residency at the Communitech Hub, and mentoring and
business support from Communitech’s Executives in Residence team.

Eight founders pitched their startup to a panel of expert judges,
including Steven Woods, Senior Engineering Director at Google
, Mallorie Brodie, CEO and co-founder of Bridgit,
Janet Bannister, general partner of Real
, Alison Nankivell, Vice President of Funds and
Co-Investments at BDC
, Louise Upton, Management Consultant Partner at Deloitte,
and Andrew Lipstein, head of Global Programs and Governance at Thomson
Reuters Labs
. The top eight founders will also pitch at Toronto’s
Ryerson DMZ on Friday, August 26, including the top three startups and Pression,
Mod Market
, BridesMade,
and Neuescence.

“Our goal is to increase the number of female founders participating in
the tech ecosystem. During the bootcamp we help participants build on
their ideas and learn business fundamentals,” said Danielle Graham,
Women in Tech Program Manager at Communitech. “We will continue to work
with the founders to establish successful businesses, connect them to
the tech ecosystem and help build their network of community support,”
Graham said.

This year’s bootcamp and $100,000 award was sponsored by Deloitte, BDC,
Google and Thomson Reuters.

About Communitech

Communitech is a private-public innovation centre in Waterloo Region
that supports a community ecosystem of more than 1,000 tech
companies—from startups to rapidly growing mid-size companies and large
global players. A member of the Ontario Network of Entrepreneurs, which
is funded by the Ontario Government, Communitech helps tech companies
start, grow and succeed.


Samantha Clark, 519-221-3466
Public Relations