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Techstars Startup Digest Toronto - Time is running out on these three opportunities!

Issue #30 — 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! Time is running out to get help with your pre-stage or early-stage startup! Three opportunities are expiring over the next week, so get your application in ASAP. Friday the 18th is the last day for the Black Career Conference Pitch Competition in 2021, as well as the Safe x Connected Cities Startup Accelerator. Next Sunday, applications close for Techstars Toronto Accelerator 2021 Cohort. Take advantage of these opportunities before they’re gone!
With the pandemic behind a decline in Canadian venture capital investment for 2020, there are still some bright spots in the investment landscape. For one, Canadian corporate ventures’ investments grew from $263M in the first three quarters of 2019 to $405M for the same period in 2020. While total disbursements are down to levels not seen since late 2018, the number of fundraising rounds has remained relatively stable.
Last week saw Toronto telemedicine company MindBeacon file its preliminary prospectus for IPO. With many people staying at home during the pandemic, there’s been a rush to invest in online health care. This past September, three Toronto telemedicine startups — Maple, OnCall Health, and Lifespeak — collectively received $125M in funding. MindBeacon is said to be aiming for a $50M raise, up from an early 2020 goal of $30M, spurred by the recent strong performance of other Canadian tech IPOs, namely Nuvei and Dye & Durham.
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.
Not only is the Black Career Conference (BCC) Canada’s premier virtual student-run black-focused career conference, it’s also your chance to pitch your idea and win $20,000 in seed funding. Applicants must have a business headquartered in Canada in which 25% of the founding team identifies as Black. On January 15th — the first day of the conference — selected submissions will pitch their innovative idea to a panel of judges.
Safe x Connected Cities Accelerator powered by Highline Beta in partnership with Aviva Canada is back for the second round of the Road Safety challenge. This 6 month program is focused on helping early stage startups pilot their road safety solutions with Aviva Canada. Startups focused on road safety are encouraged to apply to qualify for pilot opportunities, mentorship and follow-on funding. The program is looking for seed stage startups in the IOT, mobility, smart city and other relevant areas that bring real, innovative solutions to road safety. We are proud to support this program committed to building safer roads for everyone. 
With another Demo Day done, it’s time to start forming the 2021 cohort for Techstars Toronto Accelerator. Apply today. If selected, over the course of three months your team will gain access to funding and dozens of mentors — individuals with deep industry, investment, or entrepreneurship experience. These experts are matched to your needs, and are committed to contribute to your long-term success. Once you complete the program, you’re not on your own. You’ll still have access to Techstars resources, with its worldwide network of entrepreneurs, mentors, investors, and alumni.
Trying to find your footing during these uncertain times? YEDI is here to help! The YEDI Incubator program presents an intensive 16-session program and guided process including lecture-based learning, seminar training, deliverable milestones, peer workshops and mentorship by subject matter experts. Offering a hybrid entrepreneurial environment comprising of innovators from a diversity of sectors. At the end of the term, entrepreneurs have the unique benefit of graduating with a formal Executive Education Centre at the Schulich School of Business certificate and pitch their ventures to investors at the YEDI Venture Fair.
Have a great week, and stay well!
Ian Stevens ◦

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