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Canadian accelerator wants to make Ottawa the SaaS capital of the world

Canadian accelerator for Software-as-a-Service (SaaS) companies, L-Spark, has an ambitious goal for Ottawa: to make the Canadian capital the SaaS capital of the world.

To reach that goal, L-Spark announced seven new SaaS startups that will form the accelerators fall cohort. To choose these startups, different companies took part in a three-week boot camp competing for a place in the accelerator.

The seven startups are as follows:

The immediate goal for L-Spark in regards to these startups is to help increase revenue by 10x. To do so, it will be offering one-on-one mentorships with software veterans, SaaS workshops, and provide face-time with successful SaaS entrepreneurs.

Currently, L-Spark has accelerated 29 companies since the beginning of 2015, and has over 10,000 SaaS investors, corporate partners, and startups in its network.

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