Good morning, Toronto startups and entrepreneurs! Naturally, this week’s top news is Wealthsimple raising $114M in venture capital
, possibly moving the Toronto-based online investment management service into unicorn territory. Congratulations! Which will be the next Toronto startup to sport a horn? (Or tusk, if we’re talking narwhals
Finally, if you’re in need of inspiration or ideas for growing your business — or are thinking of starting one — Canadian Business magazine has a few articles on Canadian companies, startups, and entrepreneurs who are thriving. It’s part of the magazine’s Growth List 2020
. Few of these are tech companies, but their approaches could still apply:
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.
The Black Innovation Fellowship Bootcamp is a six-week program designed to support very early-stage Black tech founders around the world. The bootcamp aims to help founders validate their business ideas and market opportunity, as well as build their first prototype and MVP — with many of the benefits of DMZ’s core programming. You’ll also get exposure to domains critical to building a venture: sales, marketing, operations, technology, finance, leadership and more. Upon completion, startups get a chance to fast track their application to our core Black Innovation Fellowship Program.
The Scaleup Bootcamp Program is a market validation program supporting startups to evaluate their real possibilities to enter the North American market, validate business model and other assumptions. This is the first stage in the LatAm Startups program.
Entrepreneur First is the world’s leading talent investor. We invest time and money in the world’s most talented and ambitious individuals, helping them find a co-founder, develop an idea, and start a company. Twice a year we select up to 100 people to join our program. The first part of the program focuses on finding the right co-founder, and developing your idea. We call this Form. The second is called Launch and helps you grow your company — with investment from us — culminating in a demo day in front of the world’s best investors.
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.
Have a great week, and stay well!