Calling all startups without a home!

July 23, 2014 at 4:39 pm

Are you a starving startup? Want to move your company into an office space but just don’t have the budget for it?

We might be able to help! 


Stay tuned in the coming week to find out more! 

CIX Top 20

July 15, 2014 at 1:41 pm

The Canadian Innovation Exchange is excited to announce the launch of the CIX Top 20 program, a nationwide search for Canada’s hottest innovative companies working in Information and Communication Technology and Digital Media. All technology companies across Canada are invited to enter.   

The CIX Top 20 showcase will consist of 20 of Canada’s hottest innovative companies based on excellence in innovation, growth potential, competitive advantage and strength of business model. Does your company have what it takes? Enter the CIX Top 20 program!

What are the criteria?
- Must be a Canadian company (CEO must be based in Canada with a GST number) with products of services in ICT/Digital Media
- Product must be ready for sale/user consumption. No text phases. 
- Company itself may not necessarily be ICT or digital media focused but the product or service needs to have a ICT or digital media component 

What does a CIX Top 20 Company get?
- Two complimentary passes to the 2014 CIX
- Mentorship, which includes advice on fine-tuning pitches, by investment leaders and corporate partners
- Chance to connect with potential partners and investors during networking events and facilitated meetings throughout CIX
- Own exhibition booth during CIX at the MaRS Discovery District
- Get to demonstrate the company’s innovative product or service live at an elite showcase at CIX 2014 to a crowd of over 600 investors and peers
- Gain broad media and industry recognition with the CIX Top 20 Media Package, consisting of a press release announcing your company as part of the Top 20, a dedicated online profile for your company on the CIX website, plus inclusion in a CIX Top 20 announcement to the entire CIX database, and a featured sponsor story and ad in the CIX Source
- CEOs of selected CIX Top 20 companies will receive the opportunity to engage over 600 investors and peers at the 2014 Canadian Innovation Exchange

Check out some of the past CIX Top 20 winners:
CIX copy

Find us at Startup Fest

July 8, 2014 at 2:43 pm

We’re so excited that Startup Fest is finally here! This year we’ve partnered with the festival to offer one of the big prizes. A guaranteed spot in the Fall 2014 Cohort. 

We’ll be roaming around Startup Fest all week looking for one lucky team that’ll win that spot. All you have to do is be one of the registered startups at the festival and pitch to us sometime throughout the 3 days. 

 How can you pitch us?
- We’ll be hanging out at the Accelerator Tent on Thursday and Friday
- We’ll have identifiable Real Ventures & FounderFuel members scouting out teams around the festival
- Be one of the 12 companies pitching on the main stage 

Can’t make it to the Accelerator Tent? Keep an eye out for any of the following people: 

Sylvain Carle  Sylvain Carle – General Manager, FounderFuel

Emma-Williams  Emma Williams – Program Manager, FounderFuel

John Stokes  John Stokes – Partner, Real Ventures

JS Cournoyer  JS Cournoyer – Partner, Real Ventures

Gabriel Sundaram  Gabriel Sundaram – Director of Platform, Real Ventures

Guillaume Mercier  Guillaume Mercier – Senior Associate, Real Ventures

Hope to see you there!

BDC Startup Pitch Competition

July 3, 2014 at 11:58 am


Join us next Friday, July 11th for a Startup Pitch Competition hosted by the BDC at the International Startup Fest. The featured startups showcase the best Canada has to offer and come from all corners of the country!

All the competing startups have graduated from either the FounderFuel (Montreal), Extreme Startups (Toronto) or GrowLab (Vancouver) program and have received the BDC Convertible Note

When: Friday, July 11th at 12:30
Where: International Startup Festival, Keynote Stage
Cost: Included in your Startup Fest ticket

Hope to see you there!

What Happens Now?

July 1, 2014 at 9:33 am

Thanks to everyone who applied to the Fall 2014 Cohort. We can’t wait to check out all your applications. 

A lot of you have been asking what happens after the application deadline. Unfortunately, it’s a bit of a waiting game. We get so many amazing applications that it takes us a bit of time to filter through all of them. 

 The waiting game

We promise we’ll go as quickly as we can! In the meantime here’s what’ll happen next:
- Online reviews happen this week and are completed by July 7th.
- Interviews begin the week of July 7th
- Final decisions will be announced by the week of August 4th

If you have any questions feel free to reach out to us!


What a week!

June 27, 2014 at 10:08 am


It has been an exciting week over here at FounderFuel! 

First, we announced that Sylvain Carle will be joining us as our new General Manager. 

Then, we announced that we’re scrapping our old investment deal and replacing it with %50K for 6% equity or if you have a hardware component, $100K for 9%. 

Finally, we decided to bring the extremely popular PITCH IT back one last time in Montreal. Former GM, Ian Jeffrey, and Real Ventures Partner, John Stokes, gave their talks on how to craft and deliver the perfect pitch to a sold out audience. 

Because of the crazy week and all the exciting changes announced for the program, we wanted to extend the deadline a few days to the last day of June. That’s right! You now have 3 more days to get your application in, including a full weekend! 

Think you’ve got what it takes? Apply now!

Accelerator Rally 2014

June 26, 2014 at 10:39 am

For the second year in a row FounderFuel and the International Startup Festival are putting on the Accelerator Rally. This day-long event, presented by BDC Venture Capital,  is dedicated to startup accelerators from around the world. 

We spend our time accelerating startups so why not take a day to put the pedal to the metal for Accelerator programs.

Why attend?
Nobody knows accelerators better than the people who run them. The Accelerator Rally helps accelerators, globally, take our programs to the next level by creating an environment in which we can share, learn, and iterate on our respective accelerators. Come ready to share the ins and outs of your program for the benefit of all. 

Who should attend?
The people behind accelerator programs–that means managing directors, general managers, program managers, community managers, etc. 
The Accelerator Rally 2014 speakers include:

Accelerator Rally Speakers 2014 

 Get your tickets now!

The Accelerator Rally 2014 is presented by:

BDC logo 

Sylvain Carle quitte Twitter pour devenir associé chez Real Ventures et directeur de FounderFuel à Montréal.

June 24, 2014 at 12:36 pm

Sylvain Carle, aussi connu par son surnom internet @froginthevalley, quitte son poste d’évangéliste techno chez Twitter à San Francisco pour revenir au bercail à Montréal. Il se joint à l’équipe de Real Ventures comme associé et directeur du programme FounderFuel. C’est avec grand enthousiasme que nous l’accueillons dans l’équipe!

Même après deux années en Californie, le coeur de Sylvain était encore à Montréal… Actif en tant que mentor auprès de FounderFuel depuis les premiers jours, aviseur et conseiller de plusieurs startup québécoises et membre de l’équipe initiale qui a rêvé le projet de la maison Notman et sur le conseil d’administration de la fondation OSMO, Sylvain a toujours été impliqué dans la communauté des startups de Montréal.

Son expérience personnelle comme co-fondateur et CTO (VP Technologie) au cours des 10 dernières années (Messagia, Interstructure, Praized, Needium) combinée avec son expérience et son réseau auprès des compagnies techno de la Silicon Valley, auront certainement un impact important pour l’évolution de FounderFuel.

Sylvain n’est pas le seul nouveau membre à se joindre au programme puisque nous avons récemment nommé Alex Lynn, ex-Techstars, ex-Sid Lee, comme directeur des projets spéciaux pour Real Ventures. L’expérience d’Alex auprès des entreprises en démarrage et des marques internationales sera mise à profit pour le développement de FounderFuel et des compagnies qui y participent.

Emma Williams va poursuivre son rôle de gestionnaire du programme et veiller à ce que  FounderFuel continue de fonctionner rondement. Avec cette équipe du tonnerre en place, Sylvain sera aussi appelé à contribuer au développement du portefolio d’investissement de Real Ventures avec les associés déjà en place.

Nous avons très hâte à l’arrivée de Sylvain au sein de l’équipe de Real Ventures et FounderFuel. Il se joindra à nous officiellement le mois prochain. Il sera à Montréal pour sélectionner avec nous les compagnies qui feront partie à la cohorte d’automne. Il nous aidera aussi à choisir la compagnie qui se démarquera lors de notre concours au festival international de startups de Montréal en juillet.

Il se prépare déjà à ajouter sa touche de geek au programme FounderFuel, restez à l’affût via notre blogue à et notre compte Twitter @FounderFuel pour plus de nouvelles très bientôt!

Pour en savoir un peu plus sur les raisons qui motivent le retour de Sylvain, prenez le temps d’aller lire son billet sur A Frog in the Valley (insérer lien), son blogue personnel.

FounderFuel remanie favorablement les conditions d’investissement pour les startups qui joignent le programme et annonce une nouvelle option pour les compagnies qui combinent logiciel et matériel.

June 24, 2014 at 12:36 pm

FounderFuel est toujours à la recherche de meilleures offres pour les entrepreneurs et fait évoluer son programme afin de proposer de meilleures conditions aux compagnies. Un intérêt marqué pour aider à développer l’offre matérielle (hardware) et un soutien renouvellé pour tous les co-fondateurs de startups.

Les compagnies en démarrage recevront 50,000$ de financement en échange de 6% d’équité (comparé à 9% auparavant). Les compagnies qui développent une composante matérielle peuvent choisir une option de financement de 100,000$ en échange de 9% d’équité (ou choisir l’option de base de 50,000$ pour 6%).

La tendance matérielle est lourde, si vous nous permettez le clin d’oeil. Vanhawks et Kiwi sont deux exemples de la dernière cohorte, et selon les premiers signes pour l’automne, ce mouvement de fond ne fera que s’accélérer. Les composantes matérielles qui distinguent ces compagnies demandent plus de liquidité au démarrage que celles qui ne sont basées que sur les logiciels. Nous sommes convaincus qu’il est important de reconnaître les défis spécifiques dans ce domaine au tout premiers pas de ces idées en émergence.

Toutes les compagnies acceptées au programme FounderFuel sont aussi éligibles à 150,000$ de dettes convertibles offertes par BDC Capital de risque si elles sont jugées “prêtes à recevoir du financement institutionnel” à la fin du programme. De plus, l’offre comprends aussi jusqu’à 150,000$ de produits et services offerts par d’Amazon AWS, Rackspace et Azure, ainsi qu’autant de Red Bull que vous pourrez en boire…

Il ne reste plus que six jours pour appliquer. Nous avons vraiment hâte de faire votre connaissance et de travailler d’arrache-pied avec vous, prochaine génération de startups improbables et impressionnant, au coeur de Montréal. Qu’attendez-vous pour postuler?

Sylvain Carle

Associé et Directeur de FounderFuel


Sylvain Carle returns from San Francisco to become Managing Partner at FounderFuel.

June 23, 2014 at 4:02 pm

Sylvain Carle, also known as @froginthevalley, will be leaving his Senior Developer Advocate role at Twitter in San Francisco to return to Montréal as a Partner at Real Ventures as well as the new Managing Partner of FounderFuel. We could not be more excited (he is too)!

Although Sylvain spent the past two years in California, he left his heart in Montreal. An active FounderFuel Mentor since the beginning of the program, an advisor to many Canadian startups and one of the early members of the team that dreamt up the Notman House project, Sylvain has always
 played a larger than life role within the Montreal startup community.

His personal startup experience as co-founder and CTO of Needium, combined with his valley experience and network will have a profound impact on the evolution of FounderFuel.

Sylvain isn’t the only new contributor to the evolution of the program. We recently welcomed Alex Lynn, who formerly spent time at Techstars and Sid Lee, as Real Ventures’ Director of Special Projects. We’ll be ensuring that his experience with startups and global brands will, amongst other things, benefit the development of the FounderFuel program and the companies that get selected to participate.

Emma Williams, FounderFuel’s program manager, will of course continue to make sure things run smoothly and raise the bar for our early stage startups. With a stellar team in place, Sylvain will also be able to devote some of his time to working alongside the other Real Ventures Partners in developing the Real Ventures portfolio. 

We’re tremendously excited about what Sylvain will contribute to Real Ventures and FounderFuel. He’ll be joining us officially in the next month or so and will be in Montreal to help judge our Fall 2014 Cohort contest at the International Startup Festival in July. He already has a few enhancements in store for FounderFuel, stay tuned and check out and @FounderFuel for more soon!

To find out more on what returning to Montreal means to Sylvain, check out his blog post (in French).

Think your team has what it takes?