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The Next 36 Now Seeking 2016 Cohort of High Impact Entrepreneurs

The Next 36 has launched its annual search for the country’s top young entrepreneurs at Canada’s largest startup festival in Montreal.

Interested undergraduates and recent grads have until October 20 to submit their application. However, those looking for a headstart on their peers can compete for the Top Young Entrepreneur Award at this year’s Festival, which guarantees one founder a spot in next year’s program.

Investor John Albright of Relay Ventures calls The Next 36 “the best organization in the country for future entrepreneurs.”

This year, all successful applicants will be able to choose their own cofounders and will have the option of bringing in an existing idea or venture or build a company from the ground up.

“The timing was right for this evolution to our program,” says Peter Carrescia, Managing Director. “Our venture creation process reflects that the quality of the team is one of the biggest determinants of venture success.”

During the seven-month program, young entrepreneurs build a business while receiving support that includes mentorship, up to $50,000 from venture capitalists, and academic instruction. This year’s cohort will showcase their startups on August 18 at MaRS Discovery District in Toronto.