The Cube

Incubating Innovation + Empowering Entrepreneurs = Peterborough & the Kawarthas only full service incubator, The Cube!

Rosalea Terry

Marketing Manager & Senior Innovation Specialist

Rose works directly with entrepreneurs and startups to help scale their businesses through mentorship and teaching workshops. She develops the marketing strategies to reach Peterborough and the Kawartha’s up and coming entrepreneurs with her marketing team.

Have a question?

Tel: (705) 536-1101 ext. 904

We get it, starting a business is hard work. We’ve been changing entrepreneurs lives for over a decade.

The Innovation Cluster creates a pathway for technology startups to prosper through our 6-month incubation program including access to mentors, experts, virtual workshops, an ecosystem of like-minded founders, the angel investor network and more!

Incubation programs are proven to increase your chances of success by up to 50%. Just ask our clients: “They’re helping me stay focused and keeping me making the right decisions.”

Our incubation program is built to meet you wherever you are. As a not-for-profit organization we offer our program complimentary with no equity stake in your company. From the initial business plan to taking your company worldwide. Only you can bring your idea to market, but we will be the sidekick on your journey. Learn more about our incubation program and eligibility requirements below.

Incubation space is limited, apply now to take your startup to the next level!

Our services are designed to be responsive to the changing needs of today’s fast-growing, knowledge intensive, technology-led companies. We have an excellent track record of helping startups become successful. The Cube contributes to the growth of a competitive economy and to the wealth and prosperity of our community.

The Cube is a full-service incubator – meaning we provide everything that a startup needs to become successful. From access to investor networks to workshops to office space, we have you covered! We assist new startups in finding their best path to market by connecting them with talented people, ideas, resources and know-how. Becoming a client of the Innovation Cluster means that you will be connected with an advisor that will work to take your business to the next level. Check out reviews from startup founders at the bottom of this page!

If you would like to work with the Innovation Cluster, please fill out our online application. The application is for the purpose of evaluating your venture for the potential of joining the Innovation Cluster as a client. As a fully funded not-for-profit, we offer the majority of our services complimentary to our clients.

WE OFFER

  • Incubation, so much more than just open-concept office space
  • High-speed internet/WIFI
  • Critical resources + support services provided by our advisors and Innovation Partner network
  • Meeting and conference rooms
  • Coaching/training/networking
  • Workshops to increase your skills and take your business to the next level
  • We have the most up-to-date knowledge about funding opportunities for our clients
  • A strong relationship with the Peterborough Region Angel Network gives our clients direct access to investment
  • Special access to programs like HubSpot and Amazon AWS!
  • Credibility of an incubation program

** During this time of Covid-19, the Innovation Cluster has pivoted our programming to suit the needs and safety of our clients. We are still here for startups 24/7, providing our expert mentorship and guidance, as well as workshops and events. We just had to go virtual! Keep up to date with what we are doing through our Covid-19 resources page and what our clients are up to in the news.**

ELIGIBILITY

We work specifically with innovation and technology startups. A founder or company must meet some of the following requirements to be eligible to work with the Innovation Cluster.

  • Innovation or technology based startups*
  • A Minimum Viable Product
  • Startup companies in the following sectors:
    • Clean technology
    • Agriculture technology
    • Healthcare
    • Digital (i.e. SaaS, ICT, VR/AR, etc.)
    • Or if your solution has intellectual property
    • Please contact the Innovation Cluster if your company does not fall into these sectors but you think your startup would be an excellent fit
  • Existing companies interested in introducing new and innovative solutions into their current business practices or products
  • At least one full-time founder dedicated to sales and revenue development
  • A driven, coachable and collaborative startup founder/team
  • Has intellectual property associated with their product or service
  • Able work directly with the Innovation Cluster’s office for the duration of the program

*Please note: You are considered ‘tech’ if your primary business objective is to develop and distribute custom-built technology (excluding re-distribution/consultancy).

We support startups in Peterborough and the Kawarthas reaching as far north as Haliburton!

THE CUBE PROGRAM OVERVIEW

Our program features 6 months’ mentoring and support and sees our clients work alongside a range of startups from Peterborough and the Kawarthas (and beyond). Think of the Innovation Cluster as part of your team; here to help as your grow and scale your business. Startups that are accepted into our incubator program will be matched with an Innovation Specialist that will work hard to ensure their success. Successful applicants will have access to workshops, resources, partners, funding and investment opportunities.

Explore Benefits of Incubation

The Innovation Cluster provides start-up companies with open concept office space with all of the necessary office supplies to get your business up and running. Having office space to be able to run your business is extremely important in the success of any business.

Business Incubators can help reduce the costs of launching and operating a startup by 40-50%. The Innovation Cluster provides start-up companies with open concept office space and internet access for little to no charge; renting office space can be one of the largest expenses for any business.

The Innovation Cluster offers clients access to more funding opportunities from many different outlets. Our staff is educated and equipped to help find funding opportunities and help clients apply for them. Additionally, the Innovation Cluster allows businesses to meet potential private investors from within the Peterborough community via our partners at the Peterborough Region Angel Network.

Fun fact: an estimated 40% of investment-seeking member companies source investment through a direct incubator program connections.

Having this business infrastructure in place and available and providing business services and experts allows for the startup to focus on what matters most – the core business product. Start-ups can then focus their time and energy on creating, evolving and testing their products.

Having access to “mover and shaker” networks—being able to tap into a strong network of business partners and investors allows for start-up businesses to network and network productively. The Innovation Cluster is very involved within the Peterborough community and beyond! Just check out our Knowledge Partners.

Being a part of a group of companies helps gain traction and step into the spotlight—the Innovation Cluster and FastStart have a strong following. Start-up companies are able to reap the benefits of being promoted by the organization, not to mention expert PR and marketing advice for their brands.

The Innovation Cluster’s incubator and accelerator, known as The Cube, is home to many start-ups. Being part of a support system where you can learn from each others mistakes and triumphs allows you to better succeed and creates bonds and friendships that are ever-lasting.

Our mentors have been successful entrepreneurs therefore you can learn and hear first hand about their personal experience and learn the do’s and don’ts. Knowledge Partners help with business basics including; marketing, accounting, presentation skills, legal guidance, insurance, finance, human resources and the list goes on.

Through the Innovation Cluster’s resources and staff you are able to get hands-on training and knowledge from some of the best minds in the Peterborough area.

The five year survival rate for incubator clients has been reported from 75% to as high as 87%. So in conclusion…come to us…we’re the best in the business!

Above are just 10 benefits of using Business Incubators. If you would like more information on Business Incubators or how you can be involved with the Innovation Cluster, check out how you can become a client!

APPLICATION PROCESS

If you are wondering what it takes to become a client of the Innovation Cluster, we have outlined the process from submitting your application form online to joining our incubation program. We can’t wait to receive your application!

1

APPLY

The first step is to apply to join The Cube as an incubated or virtual client to gain access to our innovative programming. Please fill out the application form to start the process. Once you have submitted your application online, it will be reviewed for eligibility requirements. You will typically receive a response on the status of your application within 1-2 weeks of submitting it.

2

INTERVIEW

If you meet our interview criteria, we’ll schedule a meeting to discuss your application and let you know a little more about how we can help your startup. This is an opportunity for us to get to know you and your company! It is also an opportunity for you to ask questions and better understand our incubation program.

3

OFFER

If your application is successful, the final step is our offer – we invite you to join The Cube family of startups!

4

INCUBATION PROGRAM

Now the work begins! We support you to accelerate your startup company through our incubation program. You will typically join the incubation program with other applicants.

Ready to join the Innovation Cluster and scale your startup?

All applications will be reviewed – due to our high volume of applications, applicants can expect a 1-2 week response time.

If you have any questions about the application process, please email admin@innovationcluster.ca

WHAT OUR CLIENTS ARE SAYING

“It’s so reassuring that every day they’re in touch — constantly in touch, I’ve got support, and advice on how to guide my business right now. They’re helping me stay focused and keeping me making the right decisions.”

Jessica Dalliday
Pilates on Demand

“This is a time when having someone to reach out to, to talk about ideas, and to work through this situation is certainly lowering my stress. They have connections and people are willing to listen to you because you are connected to the Innovation Cluster.”

Dan Kitchen
Make Stuff Move

"If you look at Silicon Valley, the companies there are part of big incubators that catapult them into the marketplace. To have an incubation space is crucial when trying to get your startup going. An incubation space reduces the rate of failure.”

Sanu Somaweera
Kavtek

“The Cube is a collaborative, supportive space,” says Chowdhury. “It inspires you to share and learn. Even if other entrepreneurs are in a different sector, they still experience a lot of the same challenges, so we can learn from each other.”

Ribat Chowdhury
Ribitt

“It’s a great place to talk to others who have been through the entrepreneurial process. It’s important to test your ideas as often as you can with as many people as you can.”

Miriam Verberg
Bloom Digital Media