L-SPARK Selected by Microsoft as Only Canadian Enterprise SaaS-focused Incubator and Accelerator for their Exclusive BizSpark Plus Program
OTTAWA, ON – June 16, 2015 – L-SPARK, the only Canadian Incubator and Accelerator that focuses exclusively on Enterprise SaaS and cloud startups announced today that it has been selected by Microsoft as one of the Canadian Incubators and Accelerators, and one of 150 from around the globe to be part of the newly launched program BizSpark Plus.
Microsoft BizSpark Plus is a premier program offered exclusively through select partners that helps Startups succeed by giving access to Microsoft cloud services, software and support. It is intended for mature startups who are using cloud services, providing them the ability to scale and tap into an additional $120,000 of Azure credits. With this much Azure cloud, startups can take advantage of powerful platform services such as machine learning, media services and hub notification, lowering their operating costs and connecting with more customers.
“We are thrilled to be part of this exclusive group,” said Leo Lax, Managing Director of L-SPARK. “This will extend our champion partnerships to provide more resources for our companies and help further facilitate their successful journey on the road to series A financing.”
The L-SPARK mission is to provide entrepreneurs and startups with access to industry leading partners, executive mentors, sector-focused venture capital firms and angel investors to create a deal flow of fundable companies in the enterprise SaaS ecosystem in Canada. L‑SPARK will arm innovative entrepreneurs with the tools and support to accelerate revenue, scale their businesses and become investment ready, this new program; BizSpark Plus supports that mission directly.
“We’re incredibly excited to welcome L-Spark as a Microsoft BizSpark Plus partner, Microsoft’s premier program for startups,” said Mary-Ellen Anderson, Vice President of the Developer Experience (DX) team at Microsoft Canada. “Microsoft is committed to supporting cloud innovation in Canada and we’re thrilled to bring this offer to our startup community. We celebrate local entrepreneurship and want to help accelerate Canadian startups on their path to success.”
L-SPARK is the only Canadian Incubator and Accelerator that focuses exclusively on Enterprise SaaS and cloud start-ups. With established relationships with key venture capital firms, angel investors, and the investment community at large, the goal is to support a deal flow of fundable Enterprise SaaS startup companies in Canada. Visit us at www.l-spark.com, connect with us on linkedin.com/l-spark or follow us on Twitter @LSPARKGlobal.