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Techstars Startup Digest Toronto - Mergers and acquisitions

Good morning, Toronto startups and entrepreneurs! It's been an interesting week as far as Canadian te
Issue #7  •  July 6  •  View online  •  Suggest a link
Techstars Startup Digest Toronto
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! It’s been an interesting week as far as Canadian tech acquisitions go. On Monday, Google announced its acquisition of North — an AR glasses company set up down the road in Waterloo — for an estimated $180 million. This confirmed any rumours and prompted speculation of a next generation Glass sometime next year. Also on Monday, Lululemon became a tech company with its $500 million purchase of Mirror, a New York startup making streaming fitness class displays — perfect for the COVID-19 era.
Last week I wrote about Trump’s H1-B visa moratorium and how it could benefit Toronto. The day this newsletter dropped, Fortune published a commentary by MaRS CEO Yung Wu. In it, Yung acknowledges the big mistake the States has made in rejecting foreign talent, and the ways in which Canada has made it a priority to seek out and welcome that talent. Many of you have your own stories of relocating to Canada for its benefits and job opportunities, so this article may ring true.
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.
Looking to start a business? Want to learn about start-ups and hear from start-up experts? Need guidance to develop your ideas? Let us help you get started!The Newcomer Entrepreneurship Hub focuses on the entrepreneurial spirit of newcomers and assists in breaking down barriers by helping them to successfully establish a business and/or obtain employment.

Have a great week, and stay well!
Ian.
Monday
Let’s face facts: most corporate diversity policies contain empty platitudes. Real change demands that companies acknowledge past injustices, address immediate concerns, and develop comprehensive strategies for a more equitable future. What is your role in enacting practical differences that proactively demonstrate a commitment to anti-racist principles?

Tuesday
Learn more about the challenges and opportunities with scaling innovation in a quickly changing world. With normal practices out the window, companies are focusing their attention on survivability and liquidity. And yet, difficult times always present new openings for clear-thinking entrepreneurs. Each week, we’ll discuss how you can take advantage. 

Wednesday
Don’t miss this timely discussion about refugee entrepreneurship at a time of economic and social uncertainty. Our panel will investigate both the landscape of refugee entrepreneurship right now in Toronto and Canada, as well as the potential opportunities that COVID-19 may present for refugee entrepreneurs in the future.

Join us as we welcome Parkdale Centre’s VC network for a panel on early stage fundraising for entrepreneurs and startups. This panel will discuss some of the investment strategies entrepreneurs can use to leverage their fundraising efforts, from an equity lens. We will also take a look at the current investment landscape for early stage entrepreneurs, and what that looks like in Toronto and Canada.

While we navigate through these uncertain times and practice social distancing for the time being we have decided to connect our community of Entrepreneurs through our #TECONF Conference Virtual Series.
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Thursday
Discover the untold stories about successful fundraising rounds, with firsthand accounts from the people in the room. In each episode, you’ll hear from each side — the founder and the investor — about the process of closing a deal. You’ll also learn more about the ongoing relationships that drive businesses forward. Each week, TechTO’s Alex Norman interviews buzzworthy founders and investors.

We’ll dig into best practices for engaging, retaining, and promoting Black tech talent. Many companies want to hire Black tech talent, but need to build internal capacity in order to do so. This event will provide guidance to companies, Black tech professionals, employee resource groups (ERG’s), and executive sponsors on best practices for engagement. We know it’s not good enough to just hire diverse talent, companies must also create the environment for talent to thrive.
Techstars Startup Digest Techstars Startup Digest Toronto is curated by:
Ian Stevens Ian Stevens - https://ianstevens.ca/
ian.stevens@startupdigestmail.com
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