Vancouver’s Launch Academy Releases Startup Stats After 18 Months

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Vancouver-based Launch Academy recently released an infographic detailing some of the stats revolving around the incubator-coworking space’s last 18 months.

Among some of the highlights was that Launch Academy companies raised over $20 million and created over 300 jobs for the province of British Columbia, 60 percent of which were created while working at the space. 92 out of the 153 companies that worked out of Launch Academy were surveyed.

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“We are very proud of Launch Academy’s results over the past 18 months, with support being offered directly to over 270 tech entrepreneurs through memberships, and thousands more via our events and activities,” wrote the organization. “Launch Academy members have collectively raised over $20,000,000, with over 10% of our startups moving forward into an accelerator!””

The 10 percent number references the 15 Launch Academy startups that have been accepted into startup accelerator programs like: FounderFuel, GrowLab, Hyperdrive, Extreme Startups, Techstars, CTA, Amplify, Mozilla Labs and Invoke Labs.

Launch Academy recently signed partnership deals withMicrosoft Ventures and the Business Development Bank of Canada (BDC), both of whom will help out entrepreneurs working at the space.

Led by Ray Walia and Mike Edwards of LX Ventures, the space features a diverse group of innovative startups across some of the fastest growing trends, including Cognilab, Picatic, Shnarped Hockey, Instaradio, Retsly and more.

Here’s the infographic:

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Joseph Czikk

Joseph Czikk

Joseph Czikk previously has written for the National Post, Montreal Gazette, Vancouver Sun, Regina Leader Post, Techvibes and BC Business Online. Joseph often goes crazy on twitter during NHL and NFL games.