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Sprouter lives on to help start-ups, acquired by Postmedia Network

If you don’t already know, Sprouter allow it’s users to ask startup-related questions, browse startups experts, create own hub of knowledge and meet entrepreneurs in the community. It’s a great place to “Get help with your startup” and find answers from great people; founders, investors, entrepreneurs and many more.

We’ve heard the news when Sprouter had to close down due to capital constraints, then there were many heartbroken comments and responses to the shocking news. Certainly not something we would want to hear for a great startup to shut down.

But hey, its back!

In an announcement from it’s blog yesterday, Sprouter said it has been acquired by Postmedia Network Inc., the publisher of Canada’s largest chain of daily newspapers, while Postmedia in a statement said Sprouter will continue operate under its name and to maintain the branding under Sarah Prevette, the founder who was named as one of the top entrepreneurs in North America by Inc Magazine.

“We are thrilled to welcome Sprouter to the Postmedia Network family, Sprouter complements our Digital First strategy and brings a spark of digital entrepreneurship,” Paul Godfrey, Postmedia’s chief executive.

Sprouter was launched in 2009, has successfully attracted a strong base of community members. It is proven that this type of consultancy service provided is in demand, had a global network span from Toronto to New York to London to Mumbai and Sydney. It participated in many local startup scenes, such as being “Your First Startup” at Montreal’s Startup Festival.

“This is an exciting step in our evolution and we can’t wait to get back to serving you: the founders who are doing great stuff around the world,” – Erin Bury, Director, Content and Communications at Sprouter

Through the blog, Sprouter announced that it has some exciting new initiatives however that will be coming soon. As for now, you may continue using its other initiatives;  Sprouter Weekly, Sprout Up events and online Q&A. We hope you find it useful!

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