Web4Realty, a software provider for Canadian real estate professionals based in Mississauga, Ont., has opened up applications for an in-house incubator to help local startup companies grow their businesses.
“Our aim is to provide young startup software companies specializing in the real estate market (with) the resources and mentorship to grow, commercialize and scale their businesses,” says Kosta Panagoulias, 28, one of the co-founders at Web4Realty.
The company aims to foster relationships with other companies in their industry, an initiative they feel will be positive for all parties in a competitive landscape.
“We’re passionate about helping entrepreneurs in our community and very excited to work with the brightest young minds in the industry,” says Panagoulias.
In addition to offering free office space for six months, the incubator will also provide companies with hands-on mentorship from Panagoulias and his co-founder, Raza Khan, shared business resources and discounts, weekly sessions to help design, challenge, test and validate the business/concept and access to seed funding and venture capitalists.
Earlier this year, Web4Realty was invited to be part of the first annual Angel Investor Networking Event, hosted by Mississauga Mayor Bonnie Crombie and the Research Innovation Commercialization Centre (RIC).
In four years, Panagoulias and Khan have grown Web4Realty into 12 full-time team members, with offices in two countries – all with no funding or access to capital, the company says.
“Having access to industry experts with real experience is the most valuable and influential asset, which we now know is priceless. It’s something we want to pass on,” says Panagoulias.
Applications for the incubator are open until Sept. 30. For more information, visit their website.
