The Economist magazine has an excellent primer this week on the start-up revolution and why this time is different from the Dot.Com boom of the late 199os. One of the articles is on the importance of accelerators – a space in New Brunswick mostly dominated by Trevor MacAusland at PropelICT. Trevor and I have talked a lot about scalability – how do we get hundreds of new start-ups across the Maritimes put through the programming – and the article in the Economist confirms for me the role and need.
For Trevor, it could be a career moment.
One of the fascinating things about the new Harrison McCain bio for me was the the brothers’ perfect sense of timing starting when they decided to go into frozen French Fries just as the fast food revolution began across North America. McCain himself says his success was based on “right time, right place”.
Now could be the “right time, right place” for start-up accelerators in the Maritimes.
PropelICT is at the heart of that ecosystem. There are lots of other players in the sand box – PlanetHatch, Innovacorp, etc. but as MacAusland says they are complementary to Propel.