The BCIC-New Ventures Competition is excited to announce an additional prize for 2011. The top performing ICT (Information and communications technology) company will be awarded a spot in the Plug and Play Tech Center Accelerator Program in Sunnyvale, California – a $10,000 value.
Plug and Play Tech Center in Silicon Valley is a community of over 300 high tech start-up companies across 3 centers in the areas of consumer internet, software, mobile, wireless, gaming, social media and other verticals.
Since its inception in January 2006 start-ups in the Plug and Play community have raised in excess of $750 million in venture funding. In 2010, more than $100 million in funding was raised by 30 companies and 15 companies had exits with a combined value of over $600 million.
Entrepreneur-centered with strong relationships with over 150 VCs, technology and corporate partners as well as local and international universities, Plug and Play has become the ultimate place to launch and accelerate promising emerging technology companies.
On a related side note, last week two Canadian startups placed Top 4 at the Plug and Play Expo.