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Day 30: Crunch Time Sets In – Demo Day is 49 Days Away!

October 14, 2014 at 11:07 am

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It is hard to believe the time has flown by so quickly, but we are already halfway through the Fall 2014 program and the pressure to deliver is building up! With Demo Day just 49 days away, now is officially crunch time for the teams. The teams are in full stress mode and the pressure is on as they have just a short amount of time to push out their MVP, achieve high levels of traction, and attempt to get some valuable press coverage before the big day. With a lot to accomplish in a short time, now is the time they’ll be applying everything that they’ve gained from the FounderFuel program  in a big push towards Demo Day.

We’re all feeling the pressure and getting really excited about Demo Day. Have you got your ticket yet? If not, do so here. You don’t want to miss your chance to watch the pitches from our strongest cohort yet and to mingle with the entire Montreal startup community!

Day 9: Mentor Day

September 12, 2014 at 2:00 pm

Yesterday was Mentor Day. Our full-day event where we bring in Mentors from across North America to give our teams feedback on their companies and progress. It’s a crucial day that exposes our teams to our vast Mentor network and helps them form relationships with people who will play a key role in the growth of their company. 

It was a very successful day and our companies took away several key learnings that they can apply as they grow.

Check out some of the pictures from the 5 à 7 at the end of the day. 

Day 4: FREE Toolkit for Startups

September 5, 2014 at 2:10 pm

Here’s an old post but a useful one! All startups need free tools to help them scale.

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As a startup, it’s often difficult to pay for services that help you prosper and grow as a company. With limited funds, a company can’t afford to hire a full-time employee to run their back-office or to act as their project manager. Because of this, there has been a growth in companies that offer special deals or completely free services to startups. 

Fast Company put together a pretty solid list entitled the “(Nearly) Complete Online Toolkit for Startups“.

Toolkit

They break the toolkit down into multiple categories including: General, Project Management, Marketing and Social Media Tools and list out a total of 18 tools that are almost all free to use. 

Any great (free) tool that they forgot to include in their list? We’ll create our very own #FFMob list! 

Day 3: Learning to Pitch – Part 1

September 4, 2014 at 3:02 pm

Today, on Day 3 of the program, the teams sat through 2 sessions on how craft and deliver the perfect pitch. This is the beginning of a 3 month journey that will put the teams through rigorous exercises that will result in them delivering the quality of pitch that FounderFuel is known for. 

The sessions the teams took part in today were put on by John Stokes from Real Ventures and Ian Jeffrey from Passwordbox. These talks are very similar to those given during FounderFuel’s cross-country PITCH IT tour. 

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 Here are some of the key take-aways from John’s talk:

“It’s not about winning, it’s about showing that you have a chance of winning”
“Create a sense of faith in you…or in your progress” 

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Here are some of the key take-aways from Ian’s talk:

“Pitch. Listen. Learn. Repeat”
“Write a script. Don’t freestyle”
“Show. Don’t Tell. Use pictures, graphs, visuals & video”

Next stop on their pitching journey…Austin Hill’s Pitch Workshop next week. 

Day 1: Fall 2014 Teams Touch Down at Notman House

September 2, 2014 at 10:39 am

Today marks the beginning of our Fall 2014 cohort, and we could not be more thrilled to have a full house again! Out of 350 applicants, only the top 8 are joining us in Notman House this fall. In typical FounderFuel fashion, all of the new companies will be pitching at our Show and Tell event to their fellow cohort participants, as well as the Real Ventures partners.

As the new companies get settled in on their first action-packed day, the pressure is on for this cohort to live up to the FounderFuel legacy! Follow all the action here on our blog, Facebook page, and Twitter feed.

Fall 2014 Induction is under way!

Fall 2014 Induction is under way!

Join us at the FounderFuel Season Opener

August 25, 2014 at 12:01 pm

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The FounderFuel Fall 2014 Cohort kicks off at the beginning of September and we want to give our teams a proper welcome to the Montreal Startup Community (which is now more than 3000 members strong!!).

Come out for a drink or two (or three?), mingle with your peers and meet our new companies.

When: Thursday, September 11th @ 9PM-3AM
Where: Apt. 200 (3643 Boul. Saint-Lauren)

The doors are closed to the general public until 11PM so make sure you arrive before then and have your ticket in hand.

Register here for your ticket.

Can’t wait to celebrate with you!

Wondering what FounderFuel is like? Here’s what our Alum have to say

May 28, 2014 at 4:24 pm

Considering applying to the FounderFuel Fall 2014 Cohort but not sure if it’s right for you?

We want you to be as informed as possible so we thought, why not get some quotes directly from our Alumni. After all, who knows more about the program than those who have been through it. 

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So here they are, straight from the mouths of those who know FounderFuel best.

“Pre-program we weren’t focused, we were working part-time gigs to pay the bills and FounderFuel gave us the opportunity to focus 110% on our dream. It was exactly what we needed to make our company work.”

“The network you get instant access to is one that would take most people years, even decades to build. It’s indispensable.”

“I’m not going to lie, it’s not a walk in the park. I barely smiled, or slept. But where am I now compared to where I was before. We never could have done that on our own.”

“Imagine your business in 2 years, then imagine that process accelerated so that it happens in 90 days.  That’s what you’re pitching to get into Founderfuel.  Anything less, and you will fail.”

“FounderFuel will motivate you to push harder and work harder than you ever had before. If you’re ready to adapt and learn like crazy, get your ass in there.”

“Leave the ego at the door or it’s gonna be a tough 3 months of beat-downs. Open minds and adaptability mixed with some grit and you’ll come out a great company.”

“FounderFuel provided us the insights and guidance to transition ourselves from just an app to a serious competitor in the EdTech space”

“Beyond making you aware of your own bullshit, FounderFuel connects you to an unbelievable network of everyone who can help you succeed. It really is all about their network”

“FounderFuel is a great opportunity to learn from smart people and test your teams strength. Eyes open though – no one will build your business for you. It’s about tools, opportunities and relationships.

Are you ready to give it your best shot? Apply here before June 27th.

Day 68: TGIF!

May 9, 2014 at 4:47 pm

For most people 4:30 on a Friday afternoon means that in 30 minutes they’re free from the constrains of their office for 2 days. They can spend the weekend at the cottage, or have a picnic in the park, hit the slopes for a day of skiing or relax in bed with breakfast and the newspaper. 

The FounderFuel teams normally work at least 1 weekend day, making sure to take a day off here or there to regain their sanity. But not this weekend. There are 4 days left until Demo Day and it’s officially CRUNCH time. The teams will be working through the weekend, probably getting very little sleep so that come Tuesday their pitches will be perfect, their products will have significant traction and their bugs are fixed. 

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So to the teams we’ll say PTTM (Pedal To The Metal) and to everyone else, have a relaxing weekend!

Day 65: Pitching, pitching, pitching

May 6, 2014 at 4:47 pm

Today is Day 2 of a 6 day pitching workshop for the companies.

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Over the next few days the teams will spend one-on-one time with the Ian Jeffrey and John Stokes to practice their pitches over and over until they’re spot on! We have just 8 days until Demo Day so it’s crucial that their pitches get boot-camped to perfection very quickly. 

As usual, plenty of tough love was dished out. It sounds harsh but it’s just what’s needed for the teams to get to where they need to be.

Here are some of the best ones:

“That’s it?….This leaves me with the impression that you’ve done nothing.” 

“You don’t know whether what you’ve done will be good or bad yet, do you?”

“Where’s the community you claim to be building? I can’t find it anywhere. There’s no community here, there’s just one guy who posts a lot.”

“You’re trying to paint a picture of progress and instil a sense of trust, but I don’t think you’ve shown any progress. Since day 1.”

“I need to know what winning looks like for you, I need to know that you can win, because right now I’m not sure you can.”

Day 64: Vanhawks Valour Reaches 200% of their Target

May 5, 2014 at 5:14 pm

Vanhawks launched the Kickstarter campaign for their Vanhawks Valour bike last Thursday at 1pm EST. In less than 36 hours they managed to hit 100% of their goal and this afternoon they surpassed 200% of their goal! We’re excited the Kickstarter exploded, especially this quick! 

Because the campaign has been moving so quickly they’ve opened up some stretch goals if higher targets are met. 

250K – New rim colours
400K – Disc brakes
750K – Carbon belt drive

We’re so proud to have this company as part of our Spring 2014 cohort and can’t wait until Demo Day when they can show the world what’s coming next!  

Have you pledged to the Vanhawks Valour campaign yet? If not, head over to their Kickstarter page ASAP! 

 

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