entrepreneurship@UBC's HATCH Accelerator Program provides you and your team the support, space and expertise to take your world-changing innovation to the next level.
The accelerator is for ventures who have completed the Incubator Program and been invited to continue their venture-building journey with entrepreneurship@UBC by joining the HATCH Accelerator.
While the incubator program helps ventures achieve problem validation and product-market fit, the HATCH Accelerator program intensely focuses on helping ventures prepare to scale. This includes helping them identify and secure their first major customers, pilots, and partnerships; perfect their business model; build their team and culture; recruit their board of directors; and fundraise and complete the due-diligence process.
Once a venture is selected for the HATCH Accelerator, they will have the opportunity to unlock additional entrepreneurship@UBC resources that will empower them to take their venture to the next level.
Over the course of 12-24 months, entrepreneurship@UBC EiRs provide one-on-one support, coaching and guidance as founders build their company, develop their product to saleability, find their first customer(s), and become investment ready.
Venture development is monitored in a periodic review cycle that prepares founders for formal board reporting. Teams will present their development progress to the entrepreneurship@UBC team, go/no-go hurdles and development goals are established and reviewed, and EiRs “vouch” for continued support. Ventures are "graduated” from the HATCH Accelerator when they achieve significant commercial milestones relevant to each venture.
The HATCH Accelerator program is in partnership with the Institue for Computing, Information and Cognitive Systems (ICICS).
What you get
Ventures have access to over 10,570 square feet of office and makerspace along with a wide range of services, including:
Workshops covering corporate value/vision articulation, team construction, and management effectiveness, all of which build the foundation for the company building activities at the HATCH Accelerator and beyond
Access to our MasterMind advanced workshop series for startup training and skill development to boost survival and growth prospects:
presenting and fundraising
Dedicated Entrepreneurs in Residence (EiRs) and Executives in Residence (XiRs) for company development, sales and recruiting support
Feedback and guidance from EiRs during and after a quarterly check-in
Makerspace or wet lab space for testing, developing and launching new innovative products
Marketing and business analysis support from MBA interns
Access to the entrepreneurship@UBC Concept Fund and the UBC Impact Fund
Introductions to investors, advisors, and senior executives in their industry at our Pitches & Pitchers events, Investor Day, and throughout the year
Office space specified for entrepreneurs and as well as access to custom developed board/conference rooms for start-ups
Here are the upcoming programmatic elements for the 2019/2020 HATCH Accelerator. Attendance for ventures is optional depending on their stage and traction.
1 week of training in September
Culture & Values Training
Overview of sales strategies
Preparation to help ventures get ready for investor pitching
Opportunity for venture CEOs to network, knowledge share and problem solve as a group
In Venture Builder you build out the
Lunch & Learns
Workshops to address specific topics entrepreneurs want to learn about
Peer run sessions designed to offer support, guidance and advice
A pitch event introducing ventures to the local investor community
Pitches & Pitchers
A group of panel selected ventures pitch to local investors
EiR Quarterly Check ins
Board-meeting like presentations where the venture is required to update HATCH and EiRs on their progress
HATCH Accelerator Final Presentations
Final presentations for ventures to present on their progress throughout the HATCH Accelerator
I didn't do a venture building program, can I still get in to the HATCH Accelerator?
Typically, succesfull applicants come from one of our two foundational venture building programs, Lab2Launch or CORE. However, we are open to considering high performing ventures who are exemplifying traction. In this case they can get in touch with Fraser Pogue, Venture Activator, CORE, to go through a readiness level assessment to judge eligibility.
When do you do intake?
Intake happens in January and July of each year.
Where's the program located?
The program is delivered at the Institute for Computing, Information and Cognitive Systems (ICICS) on UBC's Point Grey Campus.
Who are your Entrepreneurs in Residence?
Meet our EiRs, here.
At any given time, entrepreneurship@UBC accelerates up to 25 ventures, generating a steady stream of companies that are ready to scale. How? By providing the most talented entrepreneurs with the right mentorship, training, creative space and funding.
Want to support the HATCH Accelerator?
We'd love to hear from you. Get in touch with us.