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Creative Destruction Labs Atlantic Has Named 24 Mentors For The Program

Creative Destruction Lab-Atlantic (CDL-Atlantic) will begin with its first cohort in December with the first group of early-stage startups from various sectors, focusing on nurtuting comapnies in ocean tech, cleantech and agritech.

Generally, CDL starts each cohort with a few dozen teams. the Teams attend a one- or two-day mentoring session to receive a set of milestones from mentors, which they have to achieve over the next 2 month. When the cohort convenes again, teams who missed their milestones are asked to leave. CDL repeats the process several times, so each cohort ends up with a core of graduates.

CDL-Atlantic has now named its rooster of 24 mentors, which include national business leaders John Rislet and Ken Rowe.

“This is a tremendous effort to help increase the regional prosperity of Atlantic Canada,” IMP Group founder and executive chairman Ken Rowe said in a statement. “I’m looking forward to mentoring and sharing my experiences with early-stage, high-potential companies.”

The list of mentors is a mixture of those who have been active and visible in backing Atlantic Canadian tech startups and those who are known more for their work in traditional businesses. The CDL could be luring a new host of investors into the startup space.

To read the full story on Entrevestor, click here.