Execution Update

Successes, challenges, and learnings from the past year

Successes

Tailored support resonating with founders and their teams

Increase in tailored support in other hubs throughout

CTN⁠

⁠

Funding stakeholders confident in Volta and our support approach

Performance measurement is a Priority for ACOA and NS Ec Dev.

Secondment of J Curry to Volta (18 Months) to push Performance Measurement forward

AI Community Engagement growing

Launch of AI Hive (Physical desks / Resources for AI-First Startups)

⁠

AI-First Startup Support Program⁠

Launching in Aug

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AI Funding Competition in Development⁠

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Challenges

Startup Accelerator / Incubator Relevance

Drastic decrease in the number of teams with traction

Teams lack product fundamentals (Customer, Product Discovery)

Teams measuring progress through local peers not global competition

Support organizations collaboration is low, emphasis on running programs

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Community Problem⁠

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Learning Milestones

Mindset Validation is key to supporting the right founders

Validation of start ups claims on progress was not done in an objective way

Increased QA of growth coaches needed

Startup Success

Refined Ideal Founder Profile (Ideal Founder Fit)

Commitment to Market Driven Experimentation

Reducing Residency to 50 teams

Traction Acceleration Tools Developed

Customer Discovery Execution & Analysis (Disco)

Non Dilutive Funding and Support Program Discovery - (Founder First)

Automated Non-Dilutive Funding Proposals (Atlas)

Revenue

Power Crew - Focus on Partner Success (Engagement & Renewal)

Increase of Network Members

Increase dedicated office rentals (Optimizing for Residents)

Community

Gen AI Meetup - Monthly recurring

Product Meetup - Monthly recurring

YPO Style Peer Groups - Not started

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