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Techstars Startup Digest Toronto - Find your path to profitability during COVID-19

Issue #9 — View online — Suggest a link
Techstars Startup Digest Toronto

Locally curated talks, workshops, and other events for those interested in creating a startup, growing one, or who want to connect with startups in the Greater Toronto Area.

Good morning, Toronto startups and entrepreneurs! If your business is still reeling from the COVID-19 shutdown, you might find solace in SnapTravel’s rise to profitability during the pandemic. Despite a huge hit to the travel sector, the Toronto startup’s founders Hussein Fazal and Henry Shi were able to turn the company around and reach profitability within just 60 days. Last week, they shared the 10 steps they took and the lessons they learned, including using the opportunity to renegotiate costs with vendors.
Canada is home to another accelerator. Intuit Canada and Toronto’s Highline Beta have come together to form the Intuit Prosperity Accelerator. The program welcomes global tech startups to help solve financial prosperity challenges that Canadian consumers, self-employed, and small businesses will be facing in the wake of COVID-19. Look to our community opportunities below for more information.
Last week I posted that Toronto’s Roots Community Services needs Black tech entrepreneurs or managers for Black Leaders of Tomorrow, their youth entrepreneurship mentoring program. If you haven’t applied already and meet the criteria, please consider applying ASAP.
Community Opportunities
Here are some upcoming deadlines for applying to accelerators, grants and funding, or other competitions. Don’t miss out! If you know of others, please submit any application deadlines and I’ll post them if they’re relevant.
As a national video series, Startup & Slay Digital aims to raise the profile and visibility of women business owners of colour or racialized women, persons with disabilities, Indigenous women, those who identify as members of the LGBTQ+ community, or those who come from an immigrant or refugee background. This year’s program is online. Startup & Slay is now taking applications for 2020. Selected 2020 honourees will share their stories through virtual meetups and engage with an even larger audience.
Calling all leaders and innovators! The York Entrepreneurship Development Institute (YEDI) is now accepting applications for its Fall 2020 Incubator Program. Receive extensive education, ongoing mentorship and the chance to showcase your venture to industry representatives. YEDI’s Incubator Program is the perfect way to transform your venture from an idea to a reality.
Intuit Canada and Toronto’s Highline Beta have joined forces for the Intuit Prosperity Accelerator. They’re primarily looking for companies making an immediate impact on small businesses and consumers’ most pressing challenges post-COVID-19. Seed stage tech startups with a product in market are preferred, but businesses of all stages — including pre-seed and ideation — are welcome.
Have a great week, and stay well!

Techstars Startup Digest Techstars Startup Digest Toronto is curated by:
Ian Stevens Ian Stevens -
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