October 24, 2018 – The cohort includes seven unique companies from multiple categories across the consumer packaged goods industry, each with their own unique product.
Hailing from Quebec, Ontario and British Columbia, the new cohort offers trending products in the ethnic, tea, condiment, snack bar and beverage categories – along with a mobile food app that connects consumers with their local restaurants and bars.
As part of the program, each company will receive a $150,000 investment from District Ventures Capital in exchange for a minority equity stake. In addition, the companies will complete a five-month business development program tailored to increase their sales, distribution, brand equity and ultimately their valuation through business strategy, mentorship and marketing.
“I believe it’s more important than ever to support and export Canadian products, and we selected these companies, and invested in these companies, because we believe they have the right ingredients to succeed. I’m excited to work with them over the coming months as District Ventures helps them grow, increase their market share and ultimately become successful international brands,” said our CEO Arlene Dickinson.
We couldn’t be more proud to welcome these game changers into our space. Canada, meet our new cohort below!
1. Happy Pops – Toronto, O.N.
2. La Dee Da Gourmet Sauces – Hamilton, O.N.
3. Genuine Tea – Toronto, O.N.
4. Maze Bar – Toronto, O.N.
5. Naledo – Vancouver, B.C.
6. ProDr8 – Saint-Lazare, Q.C.
7. Quench – Montreal, Q.C.
If you’re interested in applying for our seventh cohort, visit: http://bit.ly/applydvcohort7
Read more about our new cohort below!