Startups

  • Tessa Bousfield posted an article
    TTI is kicking off with "InnOvaTion", an 8 week program targeted at early stage IoT startups see more

    Announcing the TELUS Technology Incubator Powered by CTI

    CTI and TELUS have partnered to support Canadian technology startups at all stages of growth. At the early stage, together, we help startups develop a robust go to market strategy. For growth stage startups, we offer a combination of advisory services that strengthen all aspects of their business, leading to increased growth, higher visibility with potential customers and investors, and potential enterprise opportunities with TELUS. Collectively, these efforts strengthen the innovation ecosystem and create economic prosperity in Canada. 

    TELUS TECHNOLOGY INCUBATOR (TTI) 
    Exposes a critical mass of early stage startups to education and advice from TELUS, CTI and its partners. This facilitates startup growth and strengthens the Canadian technology ecosystem.

    Ideal for: Early stage startups looking to validate their product and the market

    LEARN MORE

    TELUS TECHNOLOGY ACCELERATOR (TTA)
    Identifies and accelerates Canadian growth stage startups in priority areas such as big data, digital health, IoT and smart agriculture that TELUS can potentially take to market to address a customer challenge.

    Ideal for: Growth stage startups looking to expand and accelerate their business

    LEARN MORE

  • Tessa Bousfield posted an article
    The application deadline is Thursday, November 15that 11:59 pm CST. see more

    Two Weeks Away: Application open for the 2019 SXSW Pitch
    - Deadline Thursday, November 15, 2018

    SXSW Pitch (formally Accelerator) returns for its eleventh year to showcase some of the global startup ecosystem most exciting, innovative and cutting-edge technology! This event provides an outlet for companies to present the latest ideas in Artificial Intelligence, Augmented & Virtual Reality, Blockchain, Enterprise & Smart Data, Entertainment & Content, Health & Wearable, Hyper-Connected Communities, Social & Culture, Sports & Performance Data, Transportation & Delivery to a panel of industry experts, early adopters, and representatives from the Venture Capitalist / Angel community. We invite you to attend this incredible pitch event as we highlight Startup technologies most impressive new innovations. 

    We invite your company to join us for this incredible event, as we highlight the technology market’s most impressive new innovations.  The application deadline is Thursday, November 15that 11:59 pm CST., and the event itself will be March 9 & 10th, 2019 in Austin, TX. Please apply SXSW PITCH.  

    Application Fee

    SXSW Pitch Application Fee $220 

    Take advantage of the opportunity to showcase your emerging technology product or service in front of industry leaders by participating in the 2019 SXSW Pitch (Formerly Accelerator).

    This event takes place on March 9th and 10th as a part of the SXSW Festival, during which you can improve your product launch, attract venture capitalists, polish your elevator pitch, receive media exposure, build brand awareness, network, socialize and experience all that SXSW Interactive has to offer. The deadline to register is Thursday, November 15that 11:59 pm CST., a few weeks away, so visit SXSW PITCH 

    Of the 453 companies who participated in SXSW Pitch between 2009 and 2018, over 71% received funding, with combined funding in excess of almost $5.43 billion (does not include undisclosed grants, angel and seed funding). Of these 453 companies, 16% have been acquired by the likes of Google, British Telecom, Huffington Post, Apple, Live Nation, OpenTable, Constant Contact, and Harmon. Some of our prestigious alums you may know to include Klout, Hipmunk, Wildfire, Tubemogul, Siri, Foodspotting, and Tango.

    Top Tips for Entry Success

    1. Meet the minimum – review the SXSW Pitch Eligibility Criteria
    2. Showcasing a startup that is innovative and disruptive
    3. Share a video – there’s no better way to convey a thorough sense of your project than through a demo video
    4. Showcase what makes you different in the market (i.e. What is your market differentiator? What is unique about your project? Why should people be excited about it?) 
    5. Highlight key members from your team and/or those supporting your startup (Staff, Advisory Board, Board Members, Mentors, Funders, Accelerator and/or Incubator involvement, etc.) 

    We invite your company to join us for this incredible event, as we highlight the technology market’s most impressive new innovations.  The application deadline is Thursday, November 15that 11:59 pm CST. and the event itself will be March 9 & 10th, 2019in Austin, TX.   Please apply SXSW PITCH  

    Launch date eligibility requirements:

          The company’s product or service must have launched no earlier than March 9, 2017;

          The company’s product or service must not launch after June 9, 2019;

          Each company may only enter one product or service to SXSWPitch;

          A company that enters more than one product or service will not be eligible to participate in SXSWPitch;

          Founders of the company applying must retain some portion of ownership in the company;

          Each applicant is only eligible to present in one of the SXSW family of startup events (SXSW Pitch, SXSW Pitch Release It, SXSW Pitch Launchedu). In contrast, if you have applied for one of these events (other than SXSW Pitch), and were not accepted to participate, then please feel free to apply to SXSW Pitch.

          The Company must not have raised over ten (10) Million Dollars in funding from combined funding sources; and

          The product or service must fall into one of the SXSW Pitch categories.

     

    Applicants must be within one of the ten categories: 

    Artificial Intelligence

    Technologies related to simulation of intelligent behavior by machines, a machine's capability to improve and perform tasks on its own. These startups seek to address medical diagnosis, remote sensing, electronic trading, transportation, tutoring, speech and visual recognition, and many more on the subject.

    Augmented & Virtual Reality

    Technologies using augmented reality (AR), virtual reality (VR), robotic automation and other novel visualization technologies, including applications for Cardboard, Oculus Rift, and other emerging offerings from industry giants. These applications may address such uses as gaming, entertainment, data visualization, education, medical care, warfare, transportation, and many more subjects.

    Blockchain 

    Technologies using digital ledgers, decentralized internet, and other distributed applications as ways to structure and share data. These applications may address such uses as a cryptocurrency, supply chain, energy, media, global trade, security, and numerous other industries.

    Enterprise & Smart Data

    Technologies that facilitate the comprehension and application of informational data through workflows and analytics. These startups seek to improve productivity for businesses and/or individuals by using big data through a number of ways that include (but are not limited to) data collection, management, analysis, presentation, interpretation, security, and augmentation.

    Entertainment & Content

    Technologies and applications that are reinventing the ways in which we learn, relax and enjoy our time. Examples of included sectors include (but are not limited to) gaming, music, film, television, video, news, and publishing, streaming and digital storytelling, as well as new and hybrid forms of entertainment.

    Health & Wearable

    Technologies focused on human-centric health applications that connect the “health optimizer” and those with illnesses, their care teams, primary and specialist clinicians, inpatient and outpatient facilities, benefit providers, and corporate wellness programs to share timely, relevant health data and drive better outcomes at affordable and sustainable cost levels.

    Hyper-Connected Communities

    This category showcases new products, services, and apps that help hyper-connected communities (such as what occurs on-site at SXSW) better navigate and maximize their engagements. In addition to the kind of technologies that thrive in March in Austin, this category is for any creative and innovative app, product or service that does not fit elsewhere in the Accelerator lineup. Examples of technologies that might fit into this category include (but are not limited to) Internet of Things, energy, space, natural resources, agriculture, and robotics.

    Social & Culture

    Technologies that push the boundaries on how we navigate and interact in life with ourselves, our community, and our world. Examples of such sectors include (but are not limited to) social media, networking, dating, travel & hospitality, food or dining, fashion, the environment, and social good.

    Sports & Performance Data

    Technologies impacting the before, during, and after in the sports and athletics sector. Whether geared towards novices or elite professionals, innovations in this field include (but are not limited to) the way we experience, prepare for, and participate in sports and outdoor recreation by using hardware or software applications focused on data-centric intelligence, measurement, and other analytical forms.

    Transportation & Delivery

    Technologies transforming and optimizing the transportation industry on a consumer and enterprise level. These innovations create efficiency in the way we move from point A to point B through (but are not limited to) the connected car, data routing applications, on-demand or ridesharing services, autonomous vehicles, logistics, delivery, and other new disruptive means.

    We SXSW announce the Judges before the event? 

    Past Judges Include: Tim Draper of DFJ, John Sculley of Apple/Pepsi, Robert F. Smith of Vista Equity Partners, Constantijn van Oranje of Startup Delta, Tim O'Reilly of O'Reilly Media, Paul Graham of Y Combinator, Kay Koplovitz of Springboard Growth Capital/USA Network Co-Founder, Naval Ravikant of AngelList, Guy Kawasaki of Alltop, Cyan Banister of Founders Fund, Werner Vogels of Amazon, Shervin Pishevar of Sherpa Capital, Christine Herron of Intel Capital, Mark Suster of Upfront Ventures, Albert Wenger of Union Square Venture, Bob Metcalfe of 3Com/Ethernet Co-Founder, and Laurie Segall of CNN to name a few…

    Where can I get more Information? 

    Visit the SXSW Pitch website at SXSW PITCH 

     

  • Tessa Bousfield posted an article
    Application Deadline to apply: Thursday, November 15th at 11:59 pm CST see more

    Showcase your emerging technology product or service at 2019 SXSW Pitch

     Application Deadline to apply: Thursday, November 15th at 11:59 pm CST.

     

    Take advantage of the opportunity to showcase your emerging technology product or service in front of industry leaders by participating in the 2019 SXSW Pitch (Formerly Accelerator).

    This event takes place on March 9th and 10th as a part of the SXSW Festival, during which you can improve your product launch, attract venture capitalists, polish your elevator pitch, receive media exposure, build brand awareness, network, socialize and experience all that SXSW Interactive has to offer. The deadline to register is Thursday, November 15that 11:59 pm CST., a few months away, so visit

    https://www.sxsw.com/apply-to-participate/sxsw-pitch/

    Application Fee
    SXSW Pitch Application Fee $220 

    Of the 453 companies who participated in SXSW Pitch between 2009 and 2018, over 71% received funding, with combined funding in excess of almost $5.43 billion (does not include undisclosed grants, angel and seed funding). Of these 453 companies, 16% have been acquired by the likes of Google, British Telecom, Huffington Post, Apple, Live Nation, OpenTable, Constant Contact, and Harmon. Some of our prestigious alums you may know include Klout, Hipmunk, Wildfire, Tubemogul, Siri, Foodspotting, and Tango.

    Launch date eligibility requirements:

    ·      The company’s product or service must have launched no earlier than March 9, 2017;

    ·      The company’s product or service must not launch after June 9, 2019;

    ·      Each company may only enter one product or service to SXSWPitch;

    ·      A company that enters more than one product or service will not be eligible to participate in SXSWPitch;

    ·      Founders of the company applying must retain some portion of ownership in the company;

    ·      Each applicant is only eligible to present in one of the SXSW family of startup events (SXSW Pitch, SXSW Pitch Release It, SXSW Pitch Launchedu). In contrast, if you have applied for one of these events (other than SXSW Pitch), and were not accepted to participate, then please feel free to apply to SXSW Pitch.

    ·      The Company must not have raised over ten (10) Million Dollars in funding from combined funding sources; and

    ·      The product or service must fall into one of the SXSW Pitch categories.

     

    Applicants must be within one of the ten categories: 

    Artificial Intelligence 

    Augmented & Virtual Reality

    Blockchain 

    Enterprise & Smart Data

    Entertainment & Content

    Health & Wearable

    Hyper-Connected Communities

    Social & Culture

    Sports & Performance Data

    Transportation & Delivery

     

    We SXSW announce the Judges before the event? 

    Past Judges Include: Tim Draper of DFJ, John Sculley of Apple/Pepsi, Robert F. Smith of Vista Equity Partners, Constantijn van Oranje of Startup Delta, Tim O'Reilly of O'Reilly Media, Paul Graham of Y Combinator, Kay Koplovitz of Springboard Growth Capital/USA Network Co-Founder, Naval Ravikant of AngelList, Guy Kawasaki of Alltop, Cyan Banister of Founders Fund, Werner Vogels of Amazon, Shervin Pishevar of Sherpa Capital, Christine Herron of Intel Capital, Mark Suster of Upfront Ventures, Albert Wenger of Union Square Venture, Bob Metcalfe of 3Com/Ethernet Co-Founder, and Laurie Segall of CNN to name a few…

     

    Where can I get more Information? 

    Visit the SXSW Pitch website athttps://www.sxsw.com/apply-to-participate/sxsw-pitch/

  • Tessa Bousfield posted an article
    Early Deadline: October 4 ($100 fee). Final Deadline Period: October 5 – November 15 ($220 fee) see more

    SXSW Pitch 2019's deadline approaching

    SXSW Pitch (formerly Accelerator) returns for its eleventh year to showcase some of the global startup ecosystem most exciting, innovative and cutting-edge technology! This event provides an outlet for companies to present the latest ideas to a panel of industry experts, early adopters, and representatives from the Venture Capitalist/Angel community.

    Early Deadline: October 4 ($100 fee)

    Final Deadline Period: October 5 – November 15 ($220 fee)

    To Apply: https://www.sxsw.com/APPLY-TO-PARTICIPATE/SXSW-PITCH/

  • Tessa Bousfield posted an article
    Meet Canada’s Top New Growth Companies: Including Victoria's own Flytographer and FreshWorks Studio! see more

    Source: canadianbusiness.com

    Startup 50: The Complete Ranking of Canada’s Top New Growth Companies

    Meet Canada’s Top New Growth Companies for 2018:
    Including Victoria's own Flytographer and FreshWorks Studio!

    The brash, bold, bright upstarts on our 2018 Startup 50 ranking of Canada’s Top New Growth Companies represent the most promising enterprises the country has to offer. They’ve successfully brought innovative new ideas, products and services to market at a breakneck pace, and they’ve done it in style. Pay attention: These businesses are the next big thing. 

    Congratulations to VIATEC Members Flytographer and FreshWorks Studio for making this impressive list!

    What is the Startup 50?

    The Startup 50 serves as a companion to the Growth 500 ranking of Canada’s Fastest-Growing Companies. It is meant to celebrate businesses that have achieved remarkable growth—look no further than the numbers on these pages for proof!—in a very, very short period of time.

    The Startup 50 ranks businesses on two-year revenue growth. In order to be eligible, a company must have been founded and generating revenue between July 1, 2012 and early 2015. All companies voluntarily applied to participate in the program. We shortlisted companies based on revenue figures supplied on a brief self-nominating ballot, then verified eligibility and revenue claims through detailed questionnaires and reviews of applicant-supplied financial statements. Companies must have generated minimum revenue of at least $1 million in the most recent fiscal year to qualify. Growth rates were calculated using a base-year minimum of $200,000. Visit Growth500.ca for more.

  • Tessa Bousfield posted an article
    10 startups will pitch to take home a $500,000 equity investment award powered by Panache Ventures. see more

    Fundica Roadshow Announces Finalists Pitching for $500,000 Equity Investment

    On July 12, the Fundica Roadshow will host a grand finale, where 10 startups will pitch to take home a $500,000 equity investment award powered by Panache Ventures.

    Taking place at Bonsecours Market in Montreal, the Fundica Roadshow finale will also feature several keynote speakers including Theresa Laurico, the founder of SociaLIGHT conference; Damien Steel, a managing partner at OMERS Ventures; and Eric Migicovsky, a partner at Y Combinator.

    Since April, Fundica has hosted pitch events in Toronto, Montreal, and Vancouver. The finalists from each city that will pitch at the finale include:

    • InVivo AI, which is using AI to streamline the development of new drugs.
    • ProcedureFlow, which is developing a platform to help turn companies’ processes and expert information into management tools.
    • Semeon, which enables brands to extract customer intelligence from public sources such as social media, blogs, and news sites.
    • ChatterHigh (FROM VICTORIA!), which has developed a platform that provides teachers with web-based features such a classroom dashboard to track, monitor, and assess student participation and progress, and students with a mobile game to help them explore higher education options.
    • Lumen5, which has developed an AI-powered video creation platform that turns blog posts into engaging videos.
    • ViewsIQ, which has developed an end-to-end digital pathology solution that allows users to scan, store, and share their slides.
    • Cybeats, which has developed a solution to protect enterprise and critical infrastructure IoT devices from cybersecurity threats.
    • GoMaterials, which aims to connect landscape contractors and vendors to simplify the purchasing process.
    • FleetRover, which has developed a fleet tracking intelligence platform that gives businesses the ability to take orders on route, track hours of service, and view GPS and speed events for drivers.
    • Pitstop, which has developed a predictive maintenance platform for the automotive industry.
    • FZ Engineering, which enables OEMs to integrate 3D printed metal and polymer components into their supply chains by improving the surface roughness and dimensional precision of printed parts using innovative post-processing systems.

  • Tessa Bousfield posted an article
    Gives 16 Canadian AI companies the chance to pitch for a portion of $1,000,000 in funding. see more

    Source: BetaKit.com

    Elevater Pitch Gives Canada's AI Startups a Chance to Earn $1,000,000 in Funding This September

    levate has announced a partnership with Publicis.Sapient and Next AI to bring a new pitch competition to the Toronto-based technology festival this September.

    Named ElevateR Pitch: AI Edition, the competition will give 16 Canadian AI companies the chance to pitch for a portion of $1,000,000 in funding on the Elevate Main Stage during the 4-day festival. ScaleUP Ventures and Espresso Capital will provide the funding for the competition, so the finalist startups should expect a blend of venture capital and venture debt.

    “This is an important event for the tech industry in Canada,” said Alyssa Altman, President, Publicis.Sapient. “Our tech and innovation ecosystem is on the leading edge, and we need to keep and attract talent in Canada. As leaders in the tech and AI arena, we have a responsibility and the opportunity to elevate our industry and accelerate our growth in the global marketplace.”

    To qualify, startups must be working in AI or an adjacent industry, have less than $10 million in revenue or funding, and be incorporated in Canada. The 16 finalists selected to pitch onstage will be judged by a panel of investors, celebrities, and media personalities.

    “Canada’s most promising AI companies will be discovered on the Elevate Main Stage,” said Razor Suleman, CEO and co-founder of Elevate. “We’re bringing the whole country together for a truly Made-in-Canada competition.”

    Interested startups are required to submit a 3-minute video pitch to earn a spot on the Main Stage, and can find the application page here. The deadline to apply is July 31.

  • Tessa Bousfield posted an article
    Fundica announces pitching Startups for Vancouver stop, including 4 from Victoria (VIATEC Members) see more

    Source: Fundica.com

    Fundica announces pitching Startups for Vancouver stop, including 4 from Victoria (VIATEC Members)

    We’ve chosen our Montreal City Winners, but there are still two city-stops to go—and many additional finalists to find—before our finale on July 12th. At our next event in Vancouver, an all-new roster of startups will compete for their chance to win the $500,000 investment award. Come cheer them on at our beautiful, new venue, the Goldcorp Stage at the BMO Theatre Centre. Read about them below!

    Hypernose (from Victoria), developed by Alphatron Technology, is a nano-technology electronic device that uses a novel, patent-pending microelectrochemical technology, as well as advanced data fusion and machine learning software, to selectively detect hazardous gases while ignoring benign VOC compounds.

    QiiQ Healthcare is developing a system for tracking, analyzing, reporting, and improving workflow in hospital emergency departments. They are using the latest in indoor tracking, machine learning, and artificial intelligence, as well as their in-depth knowledge of the domain, to help drive deadly emergency wait times down to zero.

    Youneeq (from Victoria), is a Knowledge Discovery platform that uses its proprietary A.I. to deliver organizations’ existing knowledge—in its content, data, and product forms—in an effective, automated, user-focused manner.

    Skylite Labs Inc enhances quality of life by recommending smart home devices that are compatible and centralized.

    Biointeractive Technologies Inc.’s wristband, TENZR, protects hands from hand injuries and enables speedy recovery from existing hand injuries using a proprietary sensing technique that detects tendon and muscle movement at the wrist.

    LearningBranch Inc is a platform for the automated, voice or chat-based assessment of soft skills that replaces checkbox application forms and expensive face-to-face interviews. Customizable and scalable, the platform transforms the recruitment and onboarding processes.

    SafetyTek Software Ltdis a comprehensive safety management suite that helps construction companies eliminate work stoppages, reveal the true value of safety, and invest in their reputation.

    ChatterHigh (from Victoria), inspires students to be personally engaged about their post-secondary aspirations by gamifying the post-secondary research experience.

    RallyEngine is a Resilience-as-a-Service platform that alerts groups, rallies teams, reports tips, and enhances the overall safety and business continuity of campuses, companies, and cities while effectively minimizing the costly impact of disruptive events.

    VitalSines creates hardware and software solutions that help people live longer and healthier lives. Their first product, iHeart, has been in the market for three years and has over 10,000 users in 65 countries worldwide.

    Plurilock (from Victoria), delivers preventative, instantaneous, and continuous solutions for endpoint security and visibility. Its software strengthens workplace cybersecurity using patented behavioral biometrics to identify authorized users and neutralize threats.

    Fusion Genomics Corp. is a precision medicine for infectious diseases company. Their pan-pathogen test can identify any known human pathogen (~1,400). It provides accurate diagnosis based on genomic information, which is needed to guide treatment, detect antibiotic resistance, and identify host disease susceptibility markers in a cost-effective and timely manner.

    Morfus Mixed Reality helps turn 2D floorplans and 3D architectural designs into fully interactive mobile VR walkthroughs that can be accessed on an app.

    ViewsIQ Inc. is a medical technology company that is digitizing patient samples microscopically to disrupt the pathology practice. Designed to integrate seamlessly into the laboratory's existing workflow, ViewsIQ's Panoptiq pathology imaging solution allows clinicians to share patient samples digitally, comfortably, and with the complexity of their own microscopes.

    Responsive offers a digital hybrid wealth solution to private managers and banks. Our solution enables client-focused service excellence and actionable insights that grow wealth and build trust.

    Lumen5 is a video creation platform powered by artificial intelligence that allows brands and businesses to produce engaging video content for marketing purposes at scale through intelligent automations.

     

    Want to see these startups live? Come to our Vancouver event. Limited tickets remain!

    Vancouver, May 31st, 2018: Tickets here

    Toronto, June 28th, 2018: Tickets here

    Finale, Montreal, July 12th, 2018: Tickets here

  • Tessa Bousfield posted an article
    “eBay’s planned acquisition of Terapeak makes so much sense for everyone involved, particularly for: see more

    Source: TechCrunch.com
    Author: Ingrid Lunden

    eBay acquires Terapeak to provide more analytics to marketplace sellers

    EBay today announced another acquisition today that underscores the company’s current focus on building out better data tools for third-party sellers on its platform, to help it compete better with the likes of Amazon and other marketplaces to attract their business. It’s acquiring Terapeak, a Toronto-based startup (with an office in Victoria), that has built a platform that crunches data about supply, demand and pricing to help guide companies on what to sell and how to price it.

    Financial terms of the deal have not been disclosed. Terapeak had raised around $5 million in funding with the only investor disclosed on Crunchbase being Georgian Partners.

    This is eBay’s 60th acquisition, and notably the last three (including this one of Terapeak) have all been geared at providing better data to eBay users — specifically its sellers and shoppers. SalesPredict, which it acquired in 2016, is in a similar area as Teradata, providing more datapoints to sellers to help them figure out what to sell and when to sell it. Corrigon, meanwhile, is a visual search engine eBay acquired for around $30 million also last year, geared at helping to make those third-party products more easily discoverable on eBay.

    Making sales is the name of the game for eBay: it’s not only important for the company’s own bottom line, but proving its ability to move merchandise is a crucial part of eBay continuing to attract inventory and sellers to its platform.

    Although eBay’s last three acquisitions have been geared towards this end, it does not mean that this is a new strategy for the company: eBay has long been interested in more than being just a site for people to visit to buy and sell things, but it’s also been through a lot of changes in its backend operations, selling off eBay EnterpriseMagento, and other operations over the last several years as part of its restructuring (which also included spinning out PayPal).

    Terapeak had been working together with eBay prior to this deal, and this will be about integrating more of the company’s tools into eBay’s Seller Hub.

    “Nearly two million sellers currently manage their eBay business on Seller Hub.  Expanding Seller Hub to provide additional capabilities from Terapeak will help our sellers be even more successful and enable them to more effectively manage their businesses on eBay,” said Bob Kupbens, Vice President of B2C Selling at eBay, in a statement.  “We are committed to being the best partner to our sellers as we look to create the most powerful selling platform. The integration of Terapeak’s functionalities into Seller Hub – from sales history and performance enhancement opportunities to price guidance and comparisons – will continue to help eBay’s merchants scale their businesses on eBay.”

    It also sounds like Terapeak will, as a result of this deal, work exclusively with eBay.

    “eBay’s planned acquisition of Terapeak makes so much sense for everyone involved, particularly for our customers,” said Kevin North, President and CEO of Terapeak, in a statement.  “We are excited to continue our vision of empowering merchants to discover what to sell on eBay and how to optimize their listings for maximum performance. Over time Terapeak’s capabilities will become naturally integrated with eBay’s Seller Hub, therefore becoming more robust and providing merchants with a single place to manage and elevate their ecommerce business.”

    The transaction is expected to close before the end of 2017, and while Terapeak will report to Kupbens and Sunil Rajasekar, VP of Seller Experience, its employees will stay in Canada.

  • Tessa Bousfield posted an article
    AND the fastest growing consumer services startup in Canada! see more

    Source: Canadian Business Magazine

    Flytographer ranked 16th fastest growing startup in the country by Canadian Business Magazine

    AND the fastest growing consumer services startup in Canada!

    STARTUP 50: The Complete Ranking of Canada’s Top New Growth Companies

    The bright young businesses on the 2017 STARTUP 50 ranking of Canada’s Top New Growth Companies have not only brought great concepts to market, they have also found people—lots of people—to buy what they’re selling. Come for their innovative offerings, stay for their hyper-fast sales growth: These are the hottest startups in the country today.

    The 50 fastest-growing new companies in Canada, measured by their revenue growth over the last two years:

  • Tessa Bousfield posted an article
    Deadline to apply to pitch was April 18th, but it's been extended to THIS Friday...your last chance! see more

    Want to secure a $1,000,000 Investment Award?
    Apply to Fundica by THIS Friday!

    Don't miss out on the Fundica Roadshow: all-day live pitches & kick-ass fireside chats from VCs and guest speakers on May 2nd at Fort Tectoria.

    Reasons to attend:

    • Learn about important funding trends and opportunities

    • Discover available resources to start and grow your business

    • Connect with entrepreneurs, funding experts and advisors

    • Potentially win a $1,000,000 Investment Award!

    Deadline to apply to pitch was April 18th, but it's been extended to THIS Friday... so this is your last chance!

    Want to Pitch?

    Eligibility

    • Must have a technological component to your business
    • Be incorporated in Canada
    • Be in seed or growth stage
    • Expect revenue growth >50%

    City-stop Winner Receives

    • A spot at the Grand Finale to secure the $1,000,000 FSVP Investment Award
    • 3 months free office space at WeWork
    • Cloud Hosting package from CANARIE
    • Free accounting services from Intuit

    [APPLY TO PITCH]

  • Tessa Bousfield posted an article
    This report is a collection of snapshots of 22 tech startups located or founded in Victoria BC... see more

    Source: Haro Ventures Startup Report - Intro

    Haro Ventures releases 2017 Victoria, BC "Startup Report"

    What does Victoria’s tech ecosystem look like? And how can sharing this information help all the players involved in building our community?

    This report is a collection of snapshots of 22 tech startups located or founded in Victoria BC, gathered over the last quarter of 2016. We share glimpses into the company market opportunities, directions, go-to-market strategies and unique differentiators. We learn about the entrepreneurs’ vision for the future of their companies, about the times they’ve wanted to give up, and what kept them going.

    The information in this report was gathered using semi-structured interviews with company CEO’s, founders, and team members. Relevant qualitative answers are displayed on the company snapshot pages, and quantitative data has been gathered for an aggregate display at the end of the report.

    We call these insights snapshots because we acknowledge that the information provided could very well change over the next several years, and represents where the companies are at at specifically at this point in time.

    We hope to provide an informative and well-rounded picture of what the tech startup scene in Victoria looks like in early in 2017. This report was created for individuals curious about our awesome city and tech community, potential investors looking for the next big thing, and even entrepreneurs wishing to learn more about their peers.

    To download the full report, click here: https://silkstart.s3.amazonaws.com/58d2a1ac68621338f7f3fba5.pdf

  • Tessa Bousfield posted an article
    Small businesses can still enjoy big celebrations this holiday season with the introduction of... see more

    Fairmont Empress spreads the Christmas cheer, and the cost, with shared company parties

    Small businesses can enjoy big celebrations amid Victoria’s most sophisticated surroundings

    Victoria, BC (September 28, 2016) - Small businesses can still enjoy big celebrations this holiday season with the introduction of Fairmont Empress’ new shared Christmas parties, which offer two fabulous events at Victoria’s legendary ‘castle by the sea’ hotel on December 2nd and 8th.

    Victoria’s tech scene is booming and bringing increasing numbers of innovative start-ups to the city. Smaller budgets can mean a bigger headache when it comes to booking a spectacular evening of entertainment for the much-anticipated company Christmas party. Fairmont Empress, inspired by the growing trend of shared Christmas parties in the UK and now Canada, has launched two new events this December to give small companies an opportunity to enjoy an incredible night of food and live entertainment; all at a fraction of the cost of running their own event. 

    “We’re thrilled to offer companies the chance to elevate their Christmas party into a memorable occasion and raise staff morale by offering something different this holiday season,” says Allan Nichols, Catering Sales Manager at Fairmont Empress. “We offer a stunning location and fabulous entertainment to create an unforgettable night out for everybody that’s set at an affordable price for business owners.”

    Fairmont Empress offers two very different shared Christmas parties this December to suit any small business or start-up. Held in the regal splendour of the Crystal Ballroom, the Grand Festive Buffet on December 2nd is a shared Christmas party that is ideal for small companies looking to make a big impression on their staff. Guests will be wowed with a festive seafood display and a varied selection of artisanal cheeses, Charcuterie and antipasti to start, followed by local meat from chef-attended carving stations offering maple glazed leg of ham or brine roasted turkey and all the trimmings. Warm Christmas pudding and eggnog cheesecake are just a few of the favourite desserts that will put diners in the festival spirit, helped by live music and dancing. Tables for 10 cost $1,490 and include a bottle of red and white wine for the table. Festivities start at 6pm and include live music between 7-11pm. 

    Companies looking for a more intimate experience can enjoy a family-style feast in the exotic surrounds of the Bengal Room on December 8th. Share platters of seasonal dishes, including Fraser Valley free-run turkey and Pacific cod and clam bake, or tuck into Indian inspired murge makhani, tandoori chicken and paneer jalfrezi. Festivities finish with gingerbread spiced crème brulee, eggnog pannacotta and ras malai, a traditional Indian cheesecake style dessert. Party time begins at 6pm and a live DJ will kick off an evening of international celebration and fun between 7-11pm. Tables for six cost $550 for the evening. 

    For more information, please visit http://www.fairmont.com/empress-victoria. To book a table, call Allan Nichols at (250) 995-3668 or email allan.nichols@fairmont.com

  • Tessa Bousfield posted an article
    Is it French? Does it somehow involve weddings? Not quite. see more

    Source: Gustavson School of Business
    Author: Eve Olynyk

    I actually really struggled to write this “day in the life post,” because there are incredibly few “standard” days in my work at VIATEC!

    So to break the rules, in true VIATEC fashion, I welcome you to join me in “a week in the life” of an Engagement Concierge.

    But first, just what the heck is an Engagement Concierge anyways? Is it French? Does it somehow involve weddings? Not quite. In essence, the Engagement Concierge’s role is to make VIATEC’s Accelerator Programs (think bootcamp for tech startups) run smoothly and carry out the vision of the Program Director.

    Monday

    Mondays are almost always free from meetings, as if there is some kind of unspoken rule between the four Executives in Residence (past-CEOs of multiple successful companies who now mentor companies in the Accelerator). After our team stand-up, I’ll use this day to plan out the rest of the week’s meetings and events, and catch up with emails. If there’s time I’ll work on side projects such as redoing the Accelerator website or updating our resources folder.

    Tuesday

    Intake Presentation days mean an early 8am start. After making sure agendas are printed, the conference room is ready, and AV is working, I’ll see that the Executives in Residence (EiRs), and external mentors (CEOs, Investors, IRAP reps) are set up with coffee before welcoming the first candidate. Following a pitch and Q&A, the panel considers: whether the company is viable, the founder is coachable, and whether we have the relevant skills to truly help them. One thing I love about Intakes, or Quarterly Reviews (which follow a similar format but are used to assess the progress of companies already in the program), is our tradition of Tacofino for lunch!

    Wednesday

    Once new companies are onboarded into the program, I’ll schedule their first EiR meetings. In the afternoon I’ll head to our bunker boardrooms where existing companies and their EiRs will tackle unique issues; everything from getting their first customers, creating financial projections, preparing pitch decks for investors, and firing underperforming employees. I have never learned so much about business strategy in all my schooling combined as I do in these meetings. In addition to note-taking, I bring up relevant bits of advice from other EiRs and see if there are any good introductions we can make between companies. Startups fail notoriously frequently, but strong connections and the sharing of talent allows the community to quickly adjust.

    Thursday

    Back to back EiR meetings all day can be exhausting, but the networking events, fortside chats, or patio parties that Thursdays often bring make it all worthwhile! I’ve moved chairs from the Bengal Lounge, bartended, and even acted as a bouncer (at 5’1 this was more for show than anything). Beer is a must at VIATEC’s events, so I’ll finish off the night with a cold Phillips in my hand while watching a B2B company’s pitch or learning about a prominent local investor’s favourite spot to go running.

    Friday

    As if working at the VIATEC Awards earlier in the year wasn’t exciting enough, nothing could prepare me for the sheer joy of manning the VIATEC VIP Cabana with the rest of my team at Rock the Shores (shout out to our amazing server Erin; I don’t think I can ever wait in a food or beer lineup again). When I originally mentioned the idea as a joke to my marketing director, I never thought she would make it happen with just a few phone calls but… by the end of the weekend I was throwing several dozen whales off of a crane during Cat Empire! The crowd was screaming, the sun was setting, it was magical.

    To conclude, this all sounds pretty freaking amazing right? And it is. However, what I didn’t highlight as much are the slower days without much to do, the lack of sleep that comes with lots of evening and weekend events, or the ambiguity and confusion that comes with such a dynamic company. And here’s why: this role is utterly and completely what you make of it. Good ideas are welcomed and encouraged, and being self-directed isn’t only expected… it’s an absolute must.

    Sound like you? Then apply via LIM for Fall 2016!

  • Tessa Bousfield posted an article
    While our tech boom is no longer a phenomenon, the sector keeps growing... see more

    Source: Remi Network
    Author: Rebecca Melnyk

    As government moves to new Class A assets, tech companies snap up vacated, older stock

    In an old two-storey brick building, once old home to the Victoria Stock Exchange, a start-up has moved into its new office digs. Previously situated in Langford, B.C., educational technology company RaceRocks 3D relocated to the Exchange Building in downtown Victoria to be closer to clients, save money on space and live in the rhythm of a prosperous tech haven.

    “We’re right downtown with a lot of other creative people; there’s a lot of talent,” says Scott Dewis, chief executive officer of RaceRocks 3D. “We see the founders and staff of other companies at lunch walking around the street. It’s a vibrant place for an entrepreneur.”

    After scouting 16 other local office spaces with Colliers International, the company found its home, knocked down the walls and created an open-floor plan with a kitchen. Now they have long-term plans to stay put in the area.

    Startups like RaceRocks 3D Inc. are a common feature in Western Canada’s second oldest city.  While the tech boom there is no longer a phenomenon, the sector keeps growing and is now part of a $4 billion a year industry. Dave Ganong, managing director at Colliers International (Vancouver Island), remembers back to 2000 when American company JDS Uniphase acquired Victoria-based optical-component supplier SDL Inc. for $41 billion in what was one of the biggest tech mergers in corporate history.

    “The foundation of the tech industry has been there for 20 to 25 years or more,” he says. “But what’s happening is it’s becoming this incubator hub that is not just trendy, but sustainable.”

    Victoria has a long history as a lively business centre, with miners and adventurers flocking there during the gold rush of 1858. Once a calm village, Victoria evolved to become a city where lots were said to go from $25 a piece to $3,000 each, immediately following the influx of gold-seekers. Eventually, government and tourism generated the greatest economic impact for the region.

    Until the tech sector started creating a buzz. Now, more and more buildings fill with start-ups and early stage entrepreneurs every year. About 900 tech companies populate the city, employing a workforce of about 20,000 and growing. Local conferences accelerate the global reputation of Victoria and attract investors. Demand for new office space among the industry has now outpaced government in the downtown core, specifically in brick-and-beam buildings which tend to be Class B and C assets.

    “There’s a building boom in the office sector in the downtown core where we’re doubling the size of our Class A inventory in the next 18 to 24 months,” notes Ganong. “That’s half a million square feet of space coming on—a massive increase. 75 per cent of that space has been preleased to the government or private sector, but what happens from this is we’re seeing a lot of vacancies coming up in Class B and C space where the majority of demand comes from the tech sector.”

    Ganong has seen an exponential increase in leasing to the tech sector over the past three years, moving from 100,000 square feet to an estimated 300,000 to 350,000 square feet in 2016. This doesn’t take into account other competitors.

    Developers and investors are also buying more on spec (some with tech companies in tow), looking to create flex office space where desks and common facilities can be rented.

    Dan Gunn, chief executive officer at The Victoria Innovation, Advanced Technology and Entrepreneurship Council (VIATEC), a not-for-profit incubator accelerator, says his program’s success has resulted in a move to the downtown core, into a 100-year-old, 16,000 square foot building on Fort Street.

    “We have 18 private offices of varying size and another 24 open desks that companies can rent at an affordable price,” he says.  “We opened the building in September 2014 not knowing what to expect. The building was full in a matter of months.”

    To accommodate demand and sector-specific needs, large buildings are being gutted for purpose-built use. For instance, the 20,000 square-foot Summit Building on Fort Street once stood completely vacant, but was fully revamped and open to tenants in September 2015. Several companies wishing to share a building can do so and expand as required.

    Besides the flexibility and character of these older buildings, companies are also putting roots down due for lifestyle offerings.

    “More and more companies trickling in from the rest of Canada are quite often going there through an acquisition or because one person leading a development team wishes to move their family to Victoria,” says Marc Foucher who brokered the RaceRocks 3D deal.

    The proximity to qualified students graduating from local colleges and universities is also key. Change.org, the world’s largest online petition platform, is in the midst of renovations in its new office on the second floor of 1221 Broad Street and plans to recruit local talent. After the company wanted to expand its engineering team, it realized more room was needed. The landlord offered them a temporary space while they await finishing touches.

    “Once we move downstairs, we’ll have plenty of room for growth and more meeting rooms,” says Chris Campbell, principal engineer at the Victoria location.

    Campbell says the company, headquartered in San Francisco, figured that expanding its engineering office in Victoria was more affordable in terms of cost of living and office space. But it is also relatively easy to find suitable employees in the area.

    The city no longer relies on tourism’s “shoulder season,” as Gunn calls it, between May to September, but a year-round tech economy that supports a large number of retail assets like the 11 craft breweries, independent coffee shops and North America’s second-highest number of restaurants per capita, behind San Francisco.

    “Retail leasing agents who used to find it a challenge in the downtown core are starting to see some activity that is almost on par with the increases we’ve seen in the tech sector office leasing market,” says Ganong, adding that another factor here is tourism—an industry that could experience its best season ever this year.

    In less than a year, Ganong says his company has seen storefront vacancy drop a full percentage point from where it peaked north of 10 per cent. The city has also been supportive in granting bonus density to start populating higher density residential development in the downtown core, which helps populate more retail activity.

    “There is some sort of convergence here that is happening,” he says. “I’ve lived in Victoria for 33 years and some of my colleagues have lived here all their lives. They are even starting to feel something here they’ve never felt before.”