May 26, 2017 - The Costarter Accelerator Program introduced its third cohort of five innovative companies at the hub:north incubator space in Waverley Library.

The Costarter Accelerator Program is a three month intensive and mentorship-driven program in which the five companies receive a small investment of $15,000, office space, advisory assistance and access to funders. Over the three month period, each company will focus on moving their idea or early concept towards a viable and revenue generating business using a lean startup methodology.

The Costarter Program participant companies are:

Redox North - On the cutting edge of battery technology, Redox North is looking to create the next big thing in battery technology.

Kumbaya Kombucha - Following the emerging beverage trends in North America is Kumbaya Kombucha. Their locally grown kombucha tea is set to hit retailers by storm and give a new and exciting tea drinking experience.

Rent Panda - This company wants to revolutionize the living space rental industry by providing an eye-pleasing and user-friendly experience to those listing or looking to rent.

ASM Innovations - Wants to change the way people look at greenhouses. Their innovative greenhouse designs integrate cutting edge technology that stands to revolutionize how food is grown in the North.

NWO Solutions - This year's winners of DisruptIT weekend are building an exciting customer service application that creates a better help desk experience for a telecom company's customers, while reducing the telecom company's costs.

The Costarter Accelerator Program is a collaboration between the Northwestern Ontario Innovation Centre, the Thunder Bay CEDC and Entrepreneur Centre, Thunder Bay Ventures, and Thunder Bay Public Library.

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Contact: Judy Sander, Northwestern Ontario Innovation Centre - 768-6696 or judy@nwoinnovation.ca