Good morning, Toronto startups and entrepreneurs! With our world upended by the pandemic, it’s difficult to take time away from the daily grind to reflect on what the future may bring. Yet opportunities still exist. We’ve talked about finding a path to profitability
, attracting talent from abroad
, as well as laying the groundwork to coax companies to relocate to Toronto
. This past week, TechCrunch featured interviews with six Toronto VCs
on their existing challenges and how the city can thrive post-pandemic. Not surprisingly, finding local talent is seen as an ongoing challenge. Despite the challenges, these VCs expect Toronto’s startup ecosystem to continue to thrive.
Canadians love to line up and wait. The pandemic has brought us an entirely new opportunity to queue: COVID-19 screening. To help with this time-consuming task, Oshawa’s Ontario Regiment Museum
is turning to a virtual assistant from Toronto-based Cloud Constable
. AI technology at the front door will screen everyone coming through the facility. The process is touchless, eliminates all paperwork, keeps a computerized record, and features an avatar named Master Corporal Lana. The museum’s virtual assistant debuted this past Saturday.
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.
This fall, we’re running Leap Startup League, an innovative program in collaboration with ICUBE, to kickstart your venture. Successful applicants will be accepted into both EDGE’s Leap Program and ICUBE’s Start Up Program. Our Leap program is perfect if you’re working on a defined business or social enterprise idea and you’re looking for mentorship, training and networking with a community of like-minded people.
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.
At the Founder Institute, you won’t “learn” how to build a business. Rather, you will build your business alongside top startup experts using a proven, structured process that has helped some of the world’s fastest growing companies raise over $950M in funding. Our 14-week, program includes a series of challenging growth sprints, in addition to Weekly Feedback Sessions where you will receive constant feedback on your progress from experienced Mentors and Investors.
Have a great week, and stay well!