Category Archives: Funding

Angel One Founders and Funders Celebration 2015

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When: Thursday June 18th 2015 from 7:00pm to 10:00pm

Where: DeGroote School of Business: Ron Joyce Centre @ 4350 South Service Rd Burlington, Ontario

Organizer: Angel One

Register: events.r20.constantcontact.com/register/event?oeidk=a07eazxw2hla4b16d8c&llr=xjd8ylpab

 

Please join Angel One Network for its third annual Founders and Funders Celebration. The evening is an opportunity to meet with and learn more about Angel One’s members and their investee companies. Come out and help us celebrate the winners of the Pauli Awards for Founder of the Year, Funder of the Year and Contributor of the Year!

As Angel One’s only event open to the public, we hope you will join us for this celebration of partnership and entrepreneurial spirit.

Our program includes:

7:00pm: The Great Hall Opens for Registration and Networking

8:00pm: Auditorium: Formal Program and Pauli Awards Ceremony

9:00pm: The Great Hall: Networking and Investee Showcase

10:00pm: Thank you for joining us and safe drive home!

We look forward to seeing you at this event! To attend, you must register below.

You are more than welcome to bring guests. We would ask that they register separately so please share this invitation with them.

If you know of anyone else that would be interested, please share with them too!

Parking is free! Carpooling is always a great idea!

 

Dragon of Legends live on Square Enix Indie Collective

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For the past year Thrive Games have been working without any external funding in The Forge on a digital media project called Dragon of Legends, and now have a fantastic opportunity to bring their product and company to the next level – but need your help to do so.

Earlier this year, Thrive got in contact with the world renown developer and publisher, Square Enix, and learned about a pre-crowdfunding platform that they host known as the Square Enix Indie Collective. Pitches are submitted to their website and the community is asked to vote if they would or wouldn’t support a project on a crowdfunding service. This portion of the service is free, but if a project receives a substantial amount of votes and interest at this stage the publisher may offer up their PR contacts and mailing lists to further support the project through a crowdfunding campaign for 5% of the net gains.

Why is this so important?

This platform has had several success stories for several retro inspired games similar in style to what Thrive is working on, and some of their most successful games are from studios based in Toronto.

Halcyon 6 – 187k

https://www.kickstarter.com/projects/kenseto/halcyon-6-starbase-commander/

Moon Hunters – 178k

https://www.kickstarter.com/projects/kitfoxgames/moon-hunters-a-myth-weaving-rpg

Tokyo Dark – 130k+

https://www.kickstarter.com/projects/114971883/tokyo-dark

The concept for the Collective platform is quite new, and there have only been a handful of success stories so far. Currently there are no other products with the amount of features and quality that Thrive brings to the table, so it is the ideal time to release something on their service before the platform gets oversaturated or considered passe by the public.

Thrive released their pitch page on May 25, and the voting period will last for 28-days. They are already one of the most popular projects on the site, but now need your help to secure that top spot – proving to the publisher that they are truly worth supporting!

Click on the link below and vote, comment, and help spread the word!

http://collective.square-enix.com/projects/133/dragon-of-legends

 

Interactive Ontario OIDMTC Post-budget Townhall

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In this year’s provincial budget, the government released changes to the Ontario Interactive Digital Media Tax Credit. Please join us at an important townhall meeting on May 28 to discuss these changes, which include updated eligibility requirements. As well, the OMDC will offer initial information about the renewed Interactive Digital Media Fund.

Due to overwhelming demand for Interactive Ontario (IO) OIDMTC Post-budget Townhall, they have added a webinar option. Webinar participants will be able to follow along with the presentations and submit questions to the moderator.

In this year’s provincial budget, the government released changes to the Ontario Interactive Digital Media Tax Credit. The townhall will discuss these changes, which include updated eligibility requirements. As well, the OMDC will offer initial information about the renewed Interactive Digital Media Fund.

OIDMTC Post-Budget Townhall

May 28, 2015

KPMG
333 Bay Street
Toronto, ON M5H 2S5 – 46th Floor

In-person
tickets sold out

Webinar: 5:00-6:30pm

Register here for your free webinar ticket
(details on how to access the webinar will be sent to registrants next week).

http://www.eventbrite.ca/e/oid…

Guest speakers:

Jennifer Blitz, Director of Tax Credits and Financing
Programs – OMDC

Kristine Murphy, Director, Industry Development –
OMDC

Co-hosted by Interactive Ontario (IO) in partnership with KPMG, CMPA

 

i-ON Regions Niagara-Hamilton

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Join Interactive Ontario on February 12th at Keyframe Digital in St. Catharines as we bring i-ON Regions, a free one-day seminar focused on IDM tax credits and special funding programs, to your neighbourhood. Limited seating available.

Whether creating video games, transmedia, e‑Learning, web series, mobile content or other IDM products, the challenge of obtaining financing is by far the most common barrier to the growth of Ontario’s IDM companies. Are you aware of the tax incentives that are available such as the Ontario Interactive Digital Media Tax Credit (OIDMTC) at a rate of up to 40% and the Federal Scientific Research & Experimental Development Tax Credit (SR&ED) at a rate of up to 35%? Is your company taking advantage of these incentives?

At the second session, explore the various funding programs available to interactive media companies and learn tips and tricks that will ensure you’re submitting an air-tight application. Program administrators from the Ontario Media Development Corporation, the Canada Media Fund and the Bell Fund will be on hand to offer advice.

Join us for an in-depth and interactive discussion and analysis of these financing options, including the types of activities that they are intended to support and the impact it can have on your business.


Schedule

Event Format:

  • 9:30am – 10:00 am – Networking Breakfast
  • 10:00am to 11:30 am – "Tax Credits IDM Creators Can’t Afford to Ignore" Panel with Q&A
  • 11:30am to 12:00 pm – Networking Coffee Break
  • 12:00pm to 1:30 pm – Funding Information Session
  • 1:30pm to 2:30 pm – Networking Lunch


Presenting Partners

Event Partners

Interactive Ontario (IO) is a not-for-profit industry trade organization committed to the growth of the Ontario interactive digital content industry. To this end IO is an industry advocate within Ontario and nationally as a founding member of the Canadian Interactive Alliance /Alliance interactive canadienne (CIAIC).

IO represents over 290 interactive digital media companies covering a range of sectors including: e-Learning, video/online games, mobile, television, and social media. IO also works with many interactive digital media stakeholders including those working in marketing, law, accounting services, research and academia.

 

 

McMaster startup QReserve awarded $25k from OCE

QHamilton, Ontario, September 2, 2014 — McMaster University startup, QReserve Inc., is excited to be awarded $24,896 through Ontario Centres of Excellence’s (OCE) SmartStart program to introduce its publicly available research equipment database platform to universities and colleges across Canada.

“Every year, the federal and provincial governments invest millions of dollars in research tools and resources”, says QReserve Inc.’s CEO, Brandon Aubie. “This funding from OCE will help us help researchers and industry better utilize these resources. The QReserve platform works as a search engine for research equipment and we plan to bring it into university and college campuses across Ontario and the rest of Canada starting this fall.”

QReserve was founded in March of this year by McMaster University PhD graduate, Dr. Brandon Aubie, and McMaster University professors Dr. Fred Capretta and Dr. John Brennan. Their service provides universities and colleges with a turn-key research equipment database platform that is automatically connected with other institutions. This enables students, researchers and industrial users to discover and access resources across campuses and research institutions.

Dr. Capretta explains the impact QReserve’s resource database will have on Canadian researchers: “Obtaining funding for research gets harder and harder every year. So when a university purchases new equipment it’s more important than ever that it gets utilized to its full potential. With QReserve we’re helping people to find this equipment and encouraging collaborative use of existing resources. Bottom line is we’re trying to help research get done and save money at the same time.”

Their proof-of-concept platform was launched this summer at McMaster University containing nearly 300 pieces of equipment and research services and is quickly gaining traction. Aubie adds, “We’ve demonstrated a clear need for this service and are excited to add thousands of new resources for students, researchers and industrial users across the country to discover”.

QReserve is free to access at www.qreserve.com.

 

About QReserve Inc.

QReserve Inc. was founded in 2014 at McMaster University with the aim of making research equipment and resources more accessible to students, faculty and industry. The company provides an open-access online platform for cataloguing and searching research equipment and services across university and college campuses and industrial research service providers. QReserve’s search platform integrates with existing university technology infrastructures to provide a turn-key internal institutional resource database that automatically integrates with other institutional databases. QReserve currently operates out of the McMaster Innovation Park in Hamilton, Ontario.

About Ontario Centres of Excellence (OCE) Inc. (www.oce-ontario.org)

Ontario Centres of Excellence (OCE) drives the commercialization of cutting-edge research to build the economy of tomorrow and secure Ontario’s global competitiveness. OCE fosters the training and development of the next generation of innovators and entrepreneurs and is a key partner with Ontario’s industry, universities, colleges, research hospitals, domestic and foreign investors, and government ministries. A champion of leading-edge technologies, best practices, innovation, entrepreneurship and research, OCE invests in such areas as advanced health, information and communications technology, digital media, advanced materials and manufacturing, agri-food, aerospace, transportation, energy, and the environment including water and mining. OCE is a key partner in delivering Ontario’s Innovation Agenda as a member of the province’s Ontario Network of Entrepreneurs (ONE), which helps Ontario-based entrepreneurs and industry rapidly grow their company and create jobs. Learn more at www.onebusiness.ca.

OCE and Futurpreneur team up to support 10 tech startups

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TORONTO, July 31, 2014 – Building on an existing relationship, Ontario Centres of Excellence and Futurpreneur Canada (formerly Canadian Youth Business Foundation) are making it easier than ever for young entrepreneurs to apply for and access startup funding.

Under a new agreement, successful applicants of OCE’s SmartStart Seed Fund program can also apply for a Futurpreneur Canada loan of $15,000.

“I’m pleased we are able to make the process of accessing vital seed funds easier for qualified applicants,” says Dr. Tom Corr, President and CEO of OCE. “With the simple check of a box, SmartStart applicants will be directed into the Futurpreneur application system. This is another example of how OCE is working with our many partners to reduce gridlock and paperwork for Ontario’s many promising entrepreneurs.”

Futurpreneur Canada will approve loans for up to 10 tech startups led by post-secondary students or recent graduates. Additional applications beyond those 10 may be considered on a case-by-case basis as well.

“Time and again, we see how much young people can do for their communities and the economy when they are equipped to launch and grow their businesses,” said Julia Deans, CEO of Futurpreneur Canada. “We are thrilled to partner with Ontario Centres of Excellence on the SmartStart Seed Fund so that more innovative, passionate young entrepreneurs will have access to the seed funding they need to start successful businesses.”

Part of the Ontario Youth Jobs Strategy, the SmartStart Seed fund is an exciting new opportunity for Ontario’s next generation of entrepreneurs to access much-needed funding to take their companies to the next level. Open to young entrepreneurs from the ages of 18 to 29, the program provides both seed financing and financing for entrepreneurship skills training to help recipients grow their companies and make them investment and customer ready.

“It is encouraging to see organizations working together to keep Ontario’s young entrepreneurs competitive, not only within Canada, but around the world,” said Reza Moridi, Ontario’s Minister of Research and Innovation and Minister of Training, Colleges and Universities. “By working together, OCE and Futurpreneur Canada are ensuring our province’s business leaders of tomorrow are getting the support they need to succeed today.”

About Ontario Centres of Excellence (OCE) Inc. (www.oce-ontario.org)

Ontario Centres of Excellence (OCE) drives the commercialization of cutting-edge research to build the economy of tomorrow and secure Ontario’s global competitiveness. OCE fosters the training and development of the next generation of innovators and entrepreneurs and is a key partner with Ontario’s industry, universities, colleges, research hospitals, domestic and foreign investors, and government ministries. A champion of leading-edge technologies, best practices, innovation, entrepreneurship and research, OCE invests in such areas as advanced health, information and communications technology, digital media, advanced materials and manufacturing, agri-food, aerospace, transportation, energy, and the environment including water and mining. OCE is a key partner in delivering Ontario’s Innovation Agenda as a member of the province’s Ontario Network of Entrepreneurs (ONE), which helps Ontario-based entrepreneurs and industry rapidly grow their company and create jobs. Learn more at www.onebusiness.ca

About Futurpreneur Canada

Futurpreneur Canada (formerly the Canadian Youth Business Foundation or CYBF) has been fuelling the entrepreneurial passions of Canada’s young enterprise for nearly two decades. We are the only national, non-profit organization that provides financing, mentoring and support tools to aspiring business owners aged 18-39. Our internationally recognized mentoring program hand matches young entrepreneurs with a business expert from a network of more than 2,800 volunteer mentors. Futurpreneur Canada is a founding member of the G20 Young Entrepreneurs’ Alliance, the Canadian member of The Prince’s Youth Business International, and the Canadian host of Global Entrepreneurship Week. www.futurpreneur.ca. Facebook: Futurpreneur  Twitter: @Futurpreneur.

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Media contacts:

Ontario Centres of Excellence
Stuart Green
Manager, Media Relations
416-861-1092 x 1022
stuart.green@oce-ontario.org

Futurpreneur Canada
Lesley Wilmot
Director, Communications
416.408.2923, ext. 2203
lwilmot@futurpreneur.ca

Summer Company still open for applications

 

Source: investinhamilton.ca/small-business/youth-programs

summercompanySummer Company is a key component of the Ontario government’s young entrepreneurs programs, which aims to encourage more young people to turn their talents into creative and innovative businesses. Summer Company provides hands-on business training and mentoring, together with awards of up to $3000.00 to help enterprising students start up and run their own summer business.

Eligible candidates must be between 15-29 years of age, a student returning to school in the fall of 2014, a resident of Ontario, Canadian citizen or Landed Immigrant and is not to be operating an existing business or be employed full time over the course of the summer. In addition, students must be prepared to commit a minimum of 8 -12 consecutive weeks full-time to the experience.

Students apply to the program by completing a comprehensive business plan and participating in an interview. Visit the provincial webpage for more information.

Summer Company – How it works?

Young Entrepreneurs can get up to $3,000 with Summer Company

Summer Company Success Stories:

Maya Amoah started her retail business called Nebula Artwear with Summer Company – Hamilton

Nathan Jervis started his software business called NVC Software Solutions with Summer Company – Hamilton

Natalie To started her jewellery business called Toto’s Shop with Summer Company – Hamilton

If you have any questions, please contact the SBEC at 905-540-6400 or mail@hamiltonsmallbusiness.ca

Summer Company 2014 is now open!

We are now accepting applications:

http://www.ontariocanada.com/screen/eligibility_questionaire.do?language=en

Application deadline is May 23, 2014.

Interview with Jim Rudnick of FundHamOnt

Check out the interview below with Jim Rudnick (@JVRudnick), founder of the new FundHamOnt (@FundHamOnt) local crowdfunding platform! He’ll be giving a talk + Q&A about the new service at StartupDrinks this Wednesday March 12th at The Pheasant Plucker too!

 

jimrudnickWhat is FundHamOnt?

It’s my attempt at trying to help the hundreds of new start-ups that I hear from on a daily basis who have an idea, the passion to try to make it come true….but not the access to seed funding to get any traction. I hear them pitch, I chat with them at DemoCamps, StartUpDrinks, IF events, BizSmartz events in fact almost everywhere I go in the city somebody says “hey, got an idea but where do I find funding?” And now, we have an answer….

 

Why did you decide to create FundHamOnt?

To help all the entrepreneurs here in our own HamOnt community find a way to ask for the support of their community. To try to validate that “idea” via just such a crowdfunding Campaign which I think is a great way to see if that idea has both the legs and the rationale of our whole community. I believe that no one would ever fund a bad idea…so this helps in many ways!

 

What is the current state of startup / early seed funding in Hamilton?

As far as I know – other than the traditional friends, family and fools – there is no real funding group for startups at all. Yes, there is our own AngelOne group but they are looking well downstream from a funding viewpoint….in fact there’s few opportunities at all for that seed funding…the first say $10k to get you started…

 

How important is it that we fix the local early funding gap?

Absolutely important – in fact most likely as I see it, the reason that we even exist is to get our community support offered to our own community entrepreneurs! Without us, where would one go?

 

What is the first project being funded on FundHamOnt?

We are so proud that our first Campaign is from our own Hamilton literary group, the gritLIT Festival group and we’re so happy to have them too! If you’re like me, you too wouldn’t even know but #HamOnt has some damn fine writers and authors…and this is the group that supports same too! And while it’s a bit outside your question, we’ve turned down now 11 other Campaigns that did not have a “local” POV….we love our city and this is for our city!

 

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Are you worried about ‘competing’ with Indiegogo, Kickstarter and other crowdfunding platforms?

Not in the least. These large non-geo-synched sites have raised hundreds of millions for their own demographic and that’s not at all what we’re about. Instead, we are trying to build our community by offering up our own local entrepreneurs and causes and groups to look for support here….not in San Francisco! We want to raise support here for startups and entrepreneurs who are here…the real strength of being “local!”

 

What type of projects do you think are going to be popular on FundHamOnt?

I think it will be that there will be a mix of both ’causes’ and ‘startups’ and yes, even ‘politics’ too that will all rise….As long as the Campaign has a local #HamOnt rationale, we’d welcome them….

 

fundhamtonWhere would you like to see FundHamOnt 5-10 years from now?

Still building our city! With even second generation Campaigns too….that spin off a successful startup we helped fund earlier too!

 

What else do we need to do locally to improve early stage funding for local businesses? For instance, would a Hamilton-based angel investment group make sense as a next step?

Oh yes it would – but a real early-stage Angel group I’d think… and I’d love to help someone get that community building idea some traction too!

 

How can the Hamilton community help you make FundHamOnt a bigger success?

Just by dropping by to see what’s new occasionally; by reading the Campaign notices about new ideas looking for support; by listening within your own circle of friends and if you hear of someone who need seed funding, then send them to www.fundhamont.com!

 

FundHamOnt launches

Originally posted on CanuckSEO.com

 

CrowdfundingWe thought that as we launched our new site, www.fundhamont.com just a couple of days ago, that we’d put the same blog post about that launch up here on our Canuck.SEO.com for our readers to look over and see if the idea works for them too!

So…without further ado, here’s our launch notice…

After much insight over the years on how a new website gathers momentum when it comes to launch time, I know that the normal methods will not work for our own FundHamOnt site, not in the least…and that’s not a concern…

In fact, what we’re trying to do is to “soft launch” and for the most part we’re right on target. Consider what we’ve done and the rationale behind same…

We did not ask a for a single “prompted” Campaign – we felt (and still do) that for a site like this one it has to speak to our HamOnt citizens on it’s own and therefore must be as “un-prompted and real” as can be. From day one!

We have a local list of over 1000 Hamilton citizens we know personally who are involved in either a business, our startup community, our various mentoring groups, our post-secondary institutions, our local and regional media – reporters, editors, videographers, copy editors and yes friends and family too. In thinking about the real “who” to contact with the launch news, we drilled down on what we figured were the top 100 locally of same…so those folks got the site Launch Announcement you can see here if you’d like.

We also of course have fielded many “congrats” and “kudos” emails from many who were on that list – so thank you one and all…

We also have had some media attention (we’re waiting for the story in the next few days!) about what it is we’re attempting here with FundHamOnt and our own local business community – and that’s great.

Have we attracted any real live new Campaign Creators? Yes, and that’s an issue…in that we got 4 contacts with one of same entereing a brand new Campaign on the site – but there was a problem with these 4 “eager to get started” entrepreneurs….they were not from our own Hamilton area. All 4 were from the US with the “eagerest” of them being from Buffalo and while I did empathize with his startup needs….in all good conscience, we can’t get to any marketplace that is not HamOnt based – at least to start!

We turnd down those four and interestingly they were all American….hmm…is there a lesson there I wonder – but back to our own HamOnt community.

We’re up….we’re live…and yes, we’re looking for HamOnt businesses who need some seed money.

Got a new cupcake bakery opening up on James St North and need funds? Pick us. Got a software app for the iStore and need some capital to add an Android version too? Pick us. Need a new kiln for your pottery business or want to finance a trip to Montreal for an art conference? We can help.

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No matter what the need, if you’re a Hamilton based business or citizen looking for crowdfunding….we’d love to help!

 

Final call for ICTC CareerConnect wage program

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There’s still time to apply for ICTC’s CareerConnect program! CareerConnect is a wage subsidy program designed to encourage private sector employers to hire post-secondary graduates for full-time ICT positions.

Over 100 post-secondary graduates from across Canada have already started their placements. They are gaining valuable work experience and are helping to build great Canadian companies.

Find out if you qualify and apply today to receive one of the few remaining grants.

Here’s what employers are saying about the CareerConnect program…

“The ICTC program provided us with the opportunity to add a young and bright individual into our organization to…embrace the online world of Social Media and online marketing.  The participant’s efforts have allowed us to establish a corporate presence on…and made our Principals among the Top 5% of viewed LinkedIn members.  We would not have taken the first step without the ICTC funding to help us invest in online marketing and are grateful for this program.”

“Without the ICTC support we would not have been able to make this (employment) offer for another six months at least, and this is a huge advantage for a company that is seeking to bring a new innovative technology product to the market and maintain its 20% growth year after year…the support from ICTC was phenomenal in every sense. The process was completely streamlined, the expectations were conveyed clearly and the administrative and operational support was timely.”

“The ICTC program has given our organization the ability to grow our technical and sales departments while investing in our youth. We’ve gained numerous employees through this program and it has opened many doors for us to hire in various positions. The staff and organization is wonderful to work with and we look forward to a continued partnership.”

With Canada’s youth unemployment at about 14%, the CareerConnect program offers a practical solution for youth to gain valuable industry experience. Mentorship, team-based knowledge sharing, hand’s on training and shadowing help participants bridge the gap between their education and the world of work.

Here’s what participants are saying about the program:

“(CareerConnect) is allowing me the opportunity to work at a job I am very passionate about while developing new skills within the workforce. This program is making my development as a professional and GIS Technical Analyst possible, providing me an opportunity I would not have otherwise. The program has been so beneficial and I am grateful to be a part of it.” 

“It’s often difficult to get employers to give you a chance when you have not worked in an industry in some time, or even just when you’re unemployed. The chance to prove that you have the necessary skills, build references, build your resume, and improve your capabilities is extremely valuable, and I’m thankful for it. My work has without question been one of the most intense learning experiences I’ve had so far.”

“(CareerConnect) is making a huge difference in my career, it’s a great place to learn about a new and emerging field that all companies will be implementing into their marketing programs in the near future …It’s an amazing experience being on the ground floor of such an amazing opportunity to learn, and have great mentors to learn from.”

Please note ICTC considers applications for the CareerConnect program on a first-come-first-serve basis. Funds are limited and eligibility does not guarantee approval. For further information on the program please e-mail careerconnect@ictc-ctic.ca.

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