Altitude Accelerator Launches Inaugural Founder Fast Track Program Showcasing 100 Global Startups

Altitude Accelerator's Founder Fast Track Program

Altitude Accelerator launched its Founder Fast Track initiative to provide a structured support system for startup founders. Recognizing the fragmented and often conflicting advice available to entrepreneurs, Altitude sought to improve the advisor-founder relationship. Conversations with experienced advisors, including David Peterson, highlighted that while many founders enter the startup arena with ambition and innovative ideas, they often lack the necessary tools to transform these concepts into viable businesses. Peterson emphasized that advisors can add significant value by helping to establish a clear roadmap and instilling accountability.

Supporting Ambitious Founders

Founder Fast Track aims to accelerate the success of ambitious founders through a consistent accountability program. Each participating company is matched with a dedicated advisory team that provides tailored, sustained support over a three-month period. This structured approach is designed to help founders navigate the complex and often challenging startup landscape more effectively.

Case Study: 100 Global Inc.

The inaugural recipient of the Founder Fast Track program is 100 Global Inc., co-founded by Vicky Mansharamani and Jihene Jouini (JJ). This innovative company is poised to disrupt the packaging industry with sustainable paper solutions, tackling the pressing issue of packaging waste. With JJ leading operations thanks to her extensive background in international trade and logistics, and Vicky focusing on strategy and business development, they aim to address the environmental challenges posed by reliance on plastic and virgin pulp packaging.

The founders are particularly concerned with the overwhelming amount of waste generated from traditional packaging, which contributes to landfill growth and deforestation. They note that municipalities discard millions of tons of organic waste, including leaves and yard clippings, which could otherwise be diverted from landfills and repurposed. Current alternatives to packaging often rely heavily on wood pulp or other feedstocks, which further strains natural resources.

100 Global Inc. proposes a waste-to-value model that utilizes urban yard waste—transforming it into compostable paper packaging. Their patented technology efficiently converts one million tons of this organic material into pulp, employing less water, chemicals, and energy, while significantly increasing fiber yield.

Recognition and Advisory Support

100 Global Inc. has garnered several accolades, including recognition from the Advance Ontario competition and non-dilutive funding from various organizations like IRAP and Bio Industrial Innovation for research, development, and intellectual property protection. To further bolster their growth, the company has assembled an advisory board featuring industry veterans such as James Sbrolla, Andrew Opala, and David Peterson, who align with Altitude’s mission to remove barriers to success.

Future of Founder Fast Track

Ultimately, the Founder Fast Track program seeks to facilitate meaningful, high-impact relationships between participants and advisors, ensuring clear outcomes for both parties. This initiative is open to companies within the Altitude Accelerator ecosystem, including graduates of Market Readiness and Investor Readiness Programs.

To further enhance the program, Altitude Accelerator is always on the lookout for new advisors interested in supporting ambitious entrepreneurs. Those interested in learning more about the Founder Fast Track program can reach out to Altitude at info@altitudeaccelerator.ca or visit their website for more details.