Entreprenergy & startGBC host 'How To Start A Business In Canada' & Meet The Mentors event
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Entreprenergy, in partnership with startGBC, launched their first event geared towards international students and their interest in starting a business in Canada. With startGBC mentors present, and industry professionals with a background in law, intellectual property, and finance, attendees were provided insight on how they can overcome the hurdles of starting a business in Canada.
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Digital Media And Gaming Incubator Attending The 2018 Overseas Talent Entrepreneurship Conference (OTEC) in Beijing With IT'S A START Competition Winners, InStage
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Congratulations to Digital Media startup InStage, who will be representing Canada this week in Beijing at the OTEC Global Pitch Competition. They will be competing alongside 30 startups from 14 countries for a chance to win $1M RMB ($200K)! Toronto based InStage has developed a virtual reality training tool to help improve verbal communication skills and public speaking.
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Book Your One-On-One With Kenny
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Are you looking for guidance on completing your Business Model Canvas or Business Plan? We have you covered. Schedule a time slot with Kenny Bahia, our startGBC coach, who will guide you through the process of creating a powerful business plan. For the month of June, Kenny will be available on Monday, September 3 and Monday, September 17, from 3:00 p.m. and 5:00 p.m. at the startGBC space.
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GBC ENTREPRENEUR SPOTLIGHT
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Erin Gamelin
Owner and President of
Stout Irish Pub and Louis Cifer Brew Works
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What is one piece of advice you would give to aspiring entrepreneurs?
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Gosh, ONE? There is so much good advice to give. In context of this article and who is reading it, I know that many of you young entrepreneurs have a ton of drive and passion, but don't necessarily know where to lay your roots or where to start. It's okay, you have lots of time! I didn't find my true path until I was 30, and it was right in front of me the whole time. Try lots of things. Fail.A LOT! It will help guide your course. Follow what you are good at, and once you figure out your general direction, teach yourself as much as you can about that product/service/industry. Learn from others successes and failures, research, ask lots of questions, self teach. Don't try to be everything for everyone! Know your competitors, know your numbers, now your target audience and stick to it.
First and foremost, develop a critical path of when you want your 'business' to begin, and work your way backwards with a detailed plan of how you will get there. I had a five year critical path and it ended up taking 8 years, but I was ready and prepared! And when you keep hitting that same brick wall, recognize that you are not meant to go through it! It is life guiding you that you are not on the right path. Re-orientate yourself and go a new direction. Your journey will guide you once you are on the right path, I promise.
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Ignite Capital Competition
Ignite Capital is an annual competition that invites emerging Ontario entrepreneurs who have limited access to capital, to compete for up to $15,000 in funding (combination of grant/loan) plus in-kind donations. Those that meet the criteria are invited to submit a business plan and two years of financials in one of three categories – Start Up (little or no sales), Scale Up (part-time or freelancers) and Grow Up (full time businesses).
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BOLD: A Step Forward
Bold: A Step Forward aims to bring together students, faculty, policy-makers and industry experts for a design jam to articulate and annotate actionable solutions on how colleges and universities can stay ahead of the curve to prepare students for the future of work. Our Wave and Sheridan College will host the design jam* as part of the three event series #TheFutureOf.
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The Canadian Export Challenge
This Fall, Startup Canada, in partnership with UPS, Export Development Canada, and the Trade Commissioner Service are showcasing and supporting the global ambitions of 2,500 borderless businesses across Canada! Apply for the Canadian Export Challenge and compete for a chance to win $10,000 in cash and $100,000 in support to scale!
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Female Founder Competition
Microsoft's Venture Fund are helping high-potential female founders developing enterprise technology solutions gain access to capital. If you are a female founder, you can compete for a chance to win a $2,000,000 USD investment!
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Innovative Solutions Canada Challenge Opportunity
With over $100 million dedicated to supporting the scale up and growth of Canada’s innovators and entrepreneurs, Innovative Solutions Canada has released new challenges! Interested in accessing millions of dollars worth of funding? Apply now!
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Women Founders Fund
Startup Canada has partnered with Evolocity Financial Group to invest in women-led companies in STEM (science, technology, engineering, math) through the Startup Canada Women Founders Fund, providing micro-grants to women entrepreneurs and women-led companies in Canada to help them start and grow their businesses while accelerating gender parity and further unleash the economic potential of women.
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The Creative Destruction Lab (CDL)
CDL is a seed-stage program for massively scalable, science-based companies. The program employs an objectives-based mentoring process with the goal of maximizing equity-value creation. CDL-Toronto is accepting applications for businesses in Artificial Intelligence (AI), Prime, Blockchain-AI, Health, Quantum, and Space.
Application deadline: August 12, 2018 AT 11:59pm.
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York Entrepreneurship Development Institute (YEDI)
YEDI is now accepting applications for their YEDI Incubator program, which, upon successful completion, will allow students to present their businesses and non-profits at the exclusive Venture Fair and pitch for the opportunity to receive up to $500,000 in funding from YEDI’s own venture capital fund, up to $30,000 of equity-free seed funding, as well as potential financing from other venture capital firms, angel investors and direct funding by banks.
Application deadline: August 30, 2018 11:59pm.
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Amit Bhaga On How Small Businesses Can Prepare For The Digital Transformation Of Work
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Amit Bhaga, a client technologist at Dell, shares his knowledge on how small businesses can grow and better prepare themselves for the Digital Transformation of Work.
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Innovation Canada Resources Portal
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Looking for financial support? Business advice? Tax information? Look no further. The Government of Canada has put all of its entrepreneurial resources on one platform. Find out how the Government of Canada can help you with your business needs!
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