MONTREAL, QC (May 9, 2018) – Good News Ventures, a Canada-based venture capital firm that invests in early-stage technology companies, is proud to announce its strategic venture capital partnership with the Holt Fintech Accelerator Program. This acceleration program is based in Montreal and extends the entrepreneurship legacy of Sir Herbert Holt, Quebec’s energy pioneer, who created one of the largest privately owned utility in the world. For Good News Ventures, this accord will better support the next generation of entrepreneur talents operating in the Fintech industry.
According to the General Partners at Good News Ventures, Marat Mukhamedyarov and Mohan Markandaier, “We are very pleased to partner with Holt Fintech Accelerator. Their extensive experience in working with companies and contributions made to the Fintech space is extremely valuable to the startup ecosystem in Canada. As Canada is a world leader in technology with a focus on Artificial Intelligence (AI), complemented with an extensive engineering talent pool, this partnership gives us an opportunity to work with entrepreneurs who are innovating in the Fintech space. We are excited about this partnership and the opportunity to work with companies across the globe specifically Montreal and Toronto.”
At Good News Ventures, they invest in early-stage technology companies founded by true grit entrepreneurs. They back passionate and determined founders as they develop their impressive ideas into prominent businesses. They invest in all sectors with special focus on AI, IoT, Blockchain and Cybersecurity.
“At Holdun, we are very honoured and humbled to announce this partnership with Good News Ventures. By merging our experts and our specialties together, more startups will be able to benefit from our services and our support. This will help make our program the ideal infrastructure to integrate Fintech and technologies industries”, says Brendan Holt Dunn, Founder and Managing Partner for the Holt Fintech Accelerator Program.
The Holt Accelerator is currently engaged in a global search for the next 400 rising stars in Fintech to take part in the program, and it encourages all interested candidates to submit their applications through the Holt Accelerator website by July 29th for a chance to participate. The company offers participants a unique opportunity to benefit from hands-on help through committed partners, trainings, world-class mentors, immersion in the Fintech environment, board meetings and financial investments. The Holt Accelerator Program is also the only accelerator offering one of Canada’s largest applied AI solution providers, Stradigi AI, an undeniable resource for all Fintechs wishing to get ahead. Everything is thought through to get the best out of the program and unleash the selected startups’ full potential.
About Good News Ventures
Good News Ventures operates as a venture capital firm and the team
About Holdun
The Holt-Dunn family is the direct legacy of Sir Herbert Holt, and one of Montreal’s finest. Their ancestor immigrated to Canada in 1873 and built the Montreal Light, Heat & Power Company, which would later be expropriated and is now known as Hydro-Québec. Business people at heart, members of the family founded or owned over 300 companies locally and internationally. At one time, the family possessed assets accounting for about three billion dollars (equivalent to forty billion dollars in today’s currency). That amount was 10 times larger than the Canadian government’s circulating currency. Sir Herbert Holt was inducted into the Canadian Business Hall of Fame in 1979 and is, to this date, the longest-serving chairman and president of RBC (from 1908 to 1934). His participation was crucial in turning RBC into the country’s largest bank and the third largest in North America.
For more information, contact:
Mohan Markandaier, Good News Ventures, mohan@goodnewsventures.com, 416-450-5027
Geneviève Sorel, Citoyen Optimum, genevieve.sorel@citoyenoptimum.com, 514-973-2135
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