Demo Day is about 40 days away and time is moving quickly! The teams are working 7 days a week to make sure their product is perfect, they achieve high levels of traction, launch successful Kickstarters and/or get lots of valuable press coverage before the big day. Let’s just say they have very high mountains to climb but they’re getting there!
Tickets for Demo Day are going fast! General Admission is already half full. Make sure you get yours before we run out! You don’t want to miss your chance to watch the pitches from our best cohort yet and to mingle with the entire Montreal startup community.
Hey Toronto Startups!
We couldn’t be more excited to be coming back to Toronto! We had so much fun this past summer at Project:OWL and met some amazing founders and startups.
This time around we’ve partnered with One Eleven and will be hanging out there all day Tuesday, Oct 28th hosting office hours for startups interested in applying to our Spring 2015 Cohort. Even better than that, on the evening of Monday, Oct 27th we’ll be hosting a panel discussion on what it was like to take the leap to entrepreneurship. We’ve got solid line-up of seasoned entrepreneurs who will talk about how they knew it was the time to turn their vision into a business, the risks, the rewards and where their companies are now.
The panel will be hosted by FounderFuel GM Sylvain Carle and is made up of:
- Alkarim Nasser of BNotions
- Andrew Sider of Varage Sale
- Nikolai Bratkovski of OpenCare
- Joe Rideout of Relay
So come have a beer (on us!) and listen to these awesome Toronto entrepreneurs talk about how they built their businesses!
Want to come meet us during our office hours? Register here!
Montreal is rising quickly through the ranks as a top-tier startup city, and as FounderFuel applications are now open, it is the perfect time to consider the city as a tech hub that will foster the growth of your startup. A pro-entrepreneurship city, Montreal offers incredible research and development tax credits and has strong government support for the venture capital industry. With 11 universities, and over 170,000 students, Montreal has the highest percent of university students per capita in North America (even higher than Boston!), which provides a source of intelligent and affordable labor (compared to other technology hubs). In addition to that, we also pay significantly lower rent. While the average price of rent is $2,615 in Silicon Valley, an apartment in Montreal will only cost you $800 per month. A vibrant and affordable city, Montreal is just waiting for you to bring your startup here!
We’ll be holding office hours in Montreal starting October 21st and happening every week until applications close.
Register for your time slot here.
Check out this info-graphic that our friends at BusBud put together about the perks of working at a Montreal startup.
Are you considering applying for FounderFuel’s Spring 2015 cohort? Concerned about your product/market fit? On Tuesday October 14th, we will be hosting a Product/Market Fit Panel at Notman House where you’ll have the chance to hear a panel of founders talk about their unique paths to customer success.
The 4 panelists from various stage startups will include:
- Francis Davidson – Flatbook – Fall 2014 Cohort
- Mikael Cho – Crew – Spring 2012 Cohort
- Danial Jameel – OOHLALA – Fall 2011 Cohort
- Sam Haffar – Chegg
Doors will open at 5pm for a networking session, and at 6pm Sylvain Carle will host a fireside chat with FounderFuel alumni Laurent Maisonnave, co-founder of Seevibes, about his experience in the program, and living/working in the Montreal startup community. At 6:30pm the panel will begin and we’ll discuss different challenges with achieving product/market fit, successes and roadblocks, and various perspectives from companies at varying stages of growth.
With the Spring 2015 applications just having opened, FounderFuel is actively seeking early stage companies who have developed a MVP, and can spend the program achieving product-market fit. Be sure to attend the event, and apply for the Spring 2015 Cohort if you think this applies to you!
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.
FounderFuel team & David Nault & Daniel Arsenault
Malik Yacoubi, Alan MacIntosh & Marc Alloul
FounderFuel team & Matt Roberts
Emma Williams & FounderFuel teams
Zaid Al Hamami, Alan MacIntosh, Brandon Waselnuk & Rob Rose
Daniel Haran & Zaid Al Hamami
Matt Roberts, Gabriel Sundaram, John Stokes &
Alex Lynn, JS Cournoyet & Stephanie Saheb
Sylvain Carle & Emma Williams
Steven Abrams, John Stokes & Roger Chabra
David Nault, Marc Alloul & Steven Abrams
Francis Moran, Steven Milstein & Stephen Osmond
JS Cournoyer, Philippe Bouzaglou, Colin Suprenant & Sylvain Carle
FounderFuel team & Farrel Miller
Zaid Al Hamami & Brandon Waselnuk
Here’s an old post but a useful one! All startups need free tools to help them scale.
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“.
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!
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.
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”
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.
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!
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!
Ever wanted to launch a startup but not sure where should base your operations out of?
It’s becoming increasingly clear that Canada is the place to be! Fast Company ranked Canada as one of the top five countries to launch a startup.
These are based on factors such as funding, educated workforce, low cost of living, economic health and low corporate taxes.
Check out how Canada ranks.