MonacoTech signs partnership with Canadian accelerator

MonacoTech has announced its third partnership with an international incubator, this time with ACET in Canada to support companies from the two accelerators in their overseas marketing efforts.

MonacoTech said on Thursday 27th May that it had signed the partnership with ACET, an accelerator for the creation of technological companies. The agreement formalises a collaboration that began a few months ago and will strengthen the cooperation between the two accelerators.

The collaboration will allow startups to benefit from the networks of the two incubators, increase opportunities and strengthen their competitive advantages through meetings with key players in the ecosystem.

“This collaboration with ACET is based on a common vision of innovation and support for our startups internationally,” said Lionel Galfré, Director of MonacoTech. “This agreement is fully in line with our strategy and our desire to offer project leaders supported by MonacoTech an opening to other markets and ecosystems abroad. Startups will now be able to benefit from the support and collaboration of an expert and renowned accelerator in Quebec, the gateway to the North American continent.”

The project will also aim to seek possible synergies between the different startups. Young companies will be supported when they want to validate their value proposition and test their products in new markets. These two accelerators will therefore have a role of proactive facilitator.

“This partnership is a wonderful opportunity for ACET and MonacoTech to exchange best practices in supporting technology companies,” said  Ghyslain Goulet, CEO of ACET. “But above all, it is a golden opportunity for ACET companies to benefit from a leading business network from a very well-established accelerator in order to penetrate European markets.”

ACET’s mission is to identify innovative and daring technological projects, to support entrepreneurs in their development and to propel new innovative companies with a positive societal impact. Supported by a committed business community, ACET offers personalised support, from seed to internationalisation, access to various sources of funding including its own investment funds, the expertise of its market intelligence service and the power of its networks so that entrepreneurs can transform their passion, their vision and their innovations into a successful business.

The agreement follows similar partnerships with Capsula in Israel and APUI – IMT Lille Douai in France.

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