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Reza Satchu The Next 36 130 Bloor Street West, Suite 702 Toronto, ON M5S 1N5

The latest news and information for entrepreneurs from across the web universe, brought to you by the Report on Small Business team. Follow us on Twitter @GlobeSmallBiz.

The Next Founders offers an executive education

The Next 36, Canada's program for young entrepreneurs, is seeking 20 high potential founders of promising tech ventures, to join the first cohort of The Next Founders. The Next Founders is an executive education program, designed for innovators, that involves an extraordinary community of business leaders, entrepreneurs, professors and investors.

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The founders will receive 50 to 65 hours of masters-level education taught by top professors from Rotman, UBC, Harvard, MIT and Georgetown. They will receive invitations to exclusive events attended by The Next 36 community of over 250 entrepreneurs and business leaders and will have a number of opportunities to pitch for additional investment.

"The Next Founders responds to the clear need that many science and tech entrepreneurs have for business skills and relationships," says The Next 36 co-founder and executive director, Claudia Hepburn. "This is the new MBA for innovators."

Applications are being accepted online until March 11th, with the 2014 cohort starting the program on May 5 in Toronto.

The Next Founders is the second program from The Next 36 and is designed for young founders of tech start-ups looking to scale quickly. Entrepreneurs who successfully complete either program receive a certificate from the University of Toronto's School of Continuing Studies.

Two Canadian companies join 500Startups

VenueSpot, launched in Sept. 2013, is one of two Canadian companies selected to be part of 500Startups' inaugural San Francisco accelerator. They will be joined by Toronto's FameBit, a marketplace that makes it easy for businesses to find, hire, and work with YouTube influencers for product and service endorsements.

After a rigorous selection process, 28 companies from countries like Spain, India, France, Canada, Jordan, Israel, Egypt, Brazil, Taiwan, and Hong Kong were chosen from 1400 applications.

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500 Startups is a Silicon Valley venture capital seed fund and startup accelerator. They invest in internet startups on search, social, and mobile platforms.

Journal Report

The Wall Street Journal released its monthly small business report, with focus on crowdfunding, the challenge for retailers selling marijuana and the negative consequences of romance at the workplace.

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