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 

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


A Big THANK YOU to Toronto!

June 19, 2014 at 9:55 am

The last two days in Toronto were a complete whirlwind!

Gabriel and I arrived at 4PM on Tuesday, had just enough time to check into our hotel and grab some dinner before heading to Project:OWL for the Behind The Scenes at FounderFuel event. Just as we got inside, it began to POUR and there were Tornado warnings issued in the city. However, despite the crazy storm outside, Toronto startup enthusiasts enthusiastically came out to meet us.

Everyone got to hang out, have a few beers and meet some of our Alumni before we jumped into a panel discussion on what it’s really like to go through FounderFuel and be part of the “Family”. We met with some crazy talented people that we hope to see in the Fall cohort! 


We spent all Wednesday morning hosting office hours at a local cafe and then got the opportunity to stop by the MaRS Discovery District and the Ryerson DMZ.

Overall it was a really successful trip and it’s clear that there are a lot of talented people and companies coming out of Toronto. We promise we’ll be back soon! 

FounderFuel in Toronto

June 16, 2014 at 1:43 pm

Tomorrow night Project:OWL, one of the amazing Project:Spaces co-working offices will be hosting FounderFuel for a panel discussion entitled “Behind the Scenes at FounderFuel”.  

ps-owl          FF_logo

The panel will explore what it’s really like for a company to go through the program, any tips the alumni might have for those applying, and what life is like post-FounderFuel. So come grab a beer, mingle with our alumni and find out what the program is all about. Register here and use the code FFMOB to get a free ticket!

The panel guests are:

ali Ali Zahid (Spring 2014) - Vanhawks

Nikolai Nikolai Bratkovski (Spring 2012) - OpenCare

Yoseph Yoseph West (Fall 2011) - Vuru & Wave

We’ll be sticking around the city all day Wednesday and would love to meet with some rock star companies. We’ve opened up a few hours of office hours on the morning of the 18th. If you’re in the Toronto area and want to find out more about FounderFuel, register for a time slot. 

PITCH IT (Takes 2 in Montreal)

June 13, 2014 at 12:37 pm

Have you been working on your startup for a while now and think you’re onto something? Are you determined to take your startup to the next level? Looking to raise a seed round? We’ll you’re in luck!

Last year we took our PITCH IT tour across Canada and it was a huge success so we thought, why not bring it back to Montreal this year! Here’s your chance to mingle with the team, and maybe even get to pitch us before applications close! 

Ian Jeffrey former FounderFuel General Manager and pitch master and John Stokes from Real Ventures have just what you need. You don’t want to miss the combination of the accelerator known for the best pitches in Canada and the most active early-stage venture fund giving advice on how to pitch for a seed round. We’ll be holding a pitching workshop to help you take your pitch to the next level. Join us to meet part of our team, learn about how to pitch for a seed round and then get a chance to PITCH IT to us!

Not so fast though, you won’t get off that easy! Be prepared for some tough love, tangible feedback and action items to take your startup to the next level–and of course, some tips to perfect your pitch. Oh, and don’t worry about us sugar coating or holding back. You’ll get raw feedback just like this:

But after our session you’ll be able to pitch like this:

Register here to join us. 

Not in Montreal? We’ll be at Project:OWL in Toronto on June 17th. Register to come take part in the “Behind The Scenes At FounderFuel” event. 

Think your team has what it takes?