In today’s increasingly remote world, product market fit has become geographically agnostic. While global traction has become more attainable as a result of the pandemic, Canadian startups need to have a deep understanding of a local ecosystem in order to enter its market.
With this shift, the DMZ at Ryerson University has announced a new innovation incubator in Bermuda to help tech entrepreneurs who are looking to scale to international markets.
The Innofund Innovation Incubator powered by the DMZ is a new startup incubator launched in partnership with InnoFund Limited.
As a key centre for global trade, the new Bermudian innovation hub will act as a one-stop shop to help founders build cutting-edge technology and scale their startup growth.
Known for its welcoming tech scene and growing specialization in industries like Blockchain, InsurTech and FinTech, the Bermuda business landscape makes an ideal environment for a startup incubator.
i3 powered by the DMZ will operate under the DMZ’s proven service delivery model, meaning program participants will have access to mentors, an investor network, expert-led workshops and the award-winning startup support offered at the DMZ’s headquarters in Toronto.
Programming is designed to support tech global founders who are pursuing new business opportunities and are excited to call Bermuda home.
As of today, i3 powered by the DMZ is accepting applications and welcoming startups to apply who have a technology solution with a minimum viable product and customer validation.