Last week Toronto fintech company Payfare
filed an amendment to its preliminary prospectus for IPO on the TSX. Payfare offers mobile banking, instant payment and loyalty-reward solutions for the gig economy workforce, with adoption by Uber, Lyft and DoorDash to name a few. The company is looking to raise $69M
through the IPO, putting its pre-IPO valuation in unicorn — or narwhal — territory.
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.
Think you have the next high-potential technology venture and want to take it to the next level? This 4-month virtual accelerator program is designed to support entrepreneurs as they launch and scale their ventures through bootcamps, workshops, one-on-one mentorship, and over $30K in cash awards plus perks. Formerly known as LaunchYU Accelerator, the program on helps pre-revenue technology startups execute their go-to-market strategies and acquire customers. The program will feature ample opportunities for hands-on experience, accountability sessions, customized mentorship, and dedicated growth hours with key partners in the entrepreneurial ecosystem.
Google for Startups Accelerator Canada is a three-month accelerator program for Seed to Series A Canadian technology startups. The accelerator is designed to bring the best of Google’s programs, products, people and technology to startups that leverage machine learning and AI in their company today or plan to in the future. In addition to mentorship and technical project support, the accelerator also includes deep dives and workshops focused on product design, customer acquisition and leadership development for startup founders and leaders.
The PITCH IT! GBC Competition is designed to provide seed funding to support aspiring entrepreneurs in developing and pitching their business/social innovation ideas. Open to George Brown students, participants have an opportunity to win a portion of the $10,000 prize fund. Two streams of the PITCH IT! GBC competition will occur simultaneously: one for-profit business and one for social innovation enterprises. For-profit businesses can apply for both streams if their product offering covers social innovation. Applications can be submitted by solo-entrepreneurs or multi-founder teams.
As millions of Canadians struggle to pay for today, save for tomorrow, and plan for the unexpected, they need help to better their financial lives. IFH Lab is a six-month program for early-stage startups designing real solutions to the most pressing financial health challenges Canadians face, particularly those most financially vulnerable. Selected startups receive access to mentorship with personalized guidance from founders, financial services executives, investors, and experts in financial health. Startup teams will also join a cohort of like-minded entrepreneurs, exchange best practices, and get access to a broader network of investors and partners.
The events of this past year have created incredible challenges for all entrepreneurs, with studies showing that women in particular have been hardest hit by the global pandemic. This year, it’s more important than ever to elevate the women entrepreneurs and founders in our communities who continue to invest it all, demonstrating remarkable resilience and innovation in the face of all obstacles. It’s time to recognize their work in front of a national audience, and a nomination is the first step. If you know a Canadian founder that deserves some recognition, nominate her.
Have a great week, and stay well!