WATERLOO, Ont. The Accelerator Centre has been named Accelerator of the Year by the Digital Finance Institute at the Canadian FinTech & AI Awards for the second year in a row.

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The award recognizes the Canadian accelerator or incubator that has demonstrated success in helping financial technology (fintech) and artificial intelligence (AI) startups to launch their businesses and develop technology, while fostering ecosystem support to advance innovation.

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“We’re very proud to be recognized as Canada’s fintech and AI accelerator of the year once again,” says Accelerator Centre CEO, Dr. Paul Salvini. “AI has grown 270 per cent in the past four years. It’s on track to disrupt almost every industry, and we’re at the forefront of an applied AI revolution. It’s a really exciting time for the Accelerator Centre.”

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On average, the Accelerator Centre works with 100 new startups each year. Approximately half of its client companies are working with AI technologies or are innovating in fintech.

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“We are grateful for the national recognition of our programming and of the success of our client companies,” says Salvini. “We look forward to continuing to support entrepreneurs and contributing to making Canada a world leader in AI and fintech innovation.”

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Entrepreneurs who are working on fintech and AI can apply to The Accelerator Program®, which reviews and accepts companies on an ongoing basis.

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About the Accelerator Centre

The Accelerator Centre is an award-winning startup accelerator dedicated to building and scaling sustainable, globally competitive companies and giving startups the highest probability of long-term success. In 2019, it was ranked as a Top Five accelerator in the world due to, in part, a reputation for meaningful, one-to-one mentorship and helping entrepreneurs go from the idea stage to high-growth enterprises.

For more information, please contact:

Laura Elvidge

Manager, Marketing and Communications

Accelerator Centre

lelvidge@acceleratorcentre.com

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