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"In Canada, there are the so-called household names, the likes of Montreal's FounderFuel, Waterloo's Communitech and Extreme Startups in Toronto."
BDC Venture Capital Partners With Government-Funded Accelerators To Inject More Canada Into The U.S. Startup Scene
"BDC says that the goal is to get the Canadian startups with the most potential into a high-growth market as effectively as possible and says this is a natural extension of its work with Canadian-based accelerators and incubators, including GrowLab, Extreme Startups, Hyperdrive and Founder Fuel."
"Jacques Bernier, associé principal de Teralys, souligne qu'un événement comme le Startup Festival, qui bat son plein chaque été à Montréal, joue un peu le rôle de Start-Up Chile au Chili. La Maison Notman, le quartier général des entrepreneurs web de la métropole, ou encore le programme d'accélérateur d'entreprises Founder Fuel font aussi la même chose."
"The largest accelerator in Canada, the biggest seed investor in Europe, and one of the top seed funds in Australia are joining forces to put on one major demo day for 15 of their top startups next Wednesday in San Francisco."
"Montreal-based startup and FounderFuel alum ooomf has officially relaunched today as a marketplace to connect curated projects with invite-only mobile and web talent."
"The mentorship was fantastic. It really helped us figure out how we were going to work together. We got through all that and we've been very strong ever since."
"Both Mr. Wertz and Mr. Sharma consider Montreal’s FounderFuel, Sharma’s own Toronto-based ExtremeStartups, Hyperdrive in Waterloo and GrowLab in Vancouver – of which Mr. Wertz is also the founder – to be among the country’s highest profile accelerators and incubators, as is desired by the government’s $60-million fund."
“Up until FounderFuel this was an evenings and weekends project for me,” Mr. Brooker recalled. “We all wanted it to be more, but we didn’t have the know-how or experience needed to turn it into a full-time job.”
"l’aide la plus précieuse qu’ils nous ont apportée, c’est leur expertise. Pendant trois mois, ils nous ont fait rencontrer des personnes inspirantes issues d’entreprises comme Amazon ou Fido, qui nous ont donné des conseils d’une valeur inestimable. Ils nous ont aidé à voir les choses en grand, à envisager un développement plus ambitieux dans de nouveaux marchés », témoigne le jeune entrepreneur."
"Au début de l'année 2012, Christian et Chrétien prennent une décision: tenter d'entrer dans l'accélérateur d'entreprises FounderFuel, un véritable camp de développement pour jeunes entreprises piloté par le fonds de capital de risque montréalais Real Ventures."
"In addition to the four local companies that participated in GrowLab's three-month program, three startups from other Canadian accelerators gave three-minute pitches to a charged audience: OOHLALA from Founder Fuel, WillPwn4Food from Hyperdrive, and Paint My Cat from Launch Academy."
"FounderFuel is urging startups to finish off those last minute applications before their deadline of midnight on February 8 passes."
"“People hate filing,” said Peter Lalonde in front of a sold-out FounderFuel Demo Day crowd in November. They especially hate following corporate policy and now the company has unveiled a shiny new platform to do all the work."
"J’ai vraiment adoré cette téléréalité. Elle donne un bel aperçu de ce que vivent plusieurs entrepreneurs dans l’univers des «startups»."
"The original version of the app launched last May, and the company recently graduated from Montreal-based accelerator FounderFuel."
"ooomf was born out of Montreal accelerator FounderFuel. The team graduated as part of the first cohort of businesses and quickly secured $500,000 in seed-stage funding from Real Ventures and BDC Venture Capital. Since then they’ve assisted thousands of entrepreneurs in less than a year’s time."
"Once again, Canadian startup accelerator FounderFuel is hitting the road in search of their next great cohort of startups. Like their Fall 2012 recruiting drive, they’ll be targeting five cities, giving teams a chance to meet the managers, mentors, and alumni behind the program."
"The accelerator has created some interesting businesses with amazing potential over the last two years. Now the founders of Founderfuel are upping their stake, and their investment at the same time."
"Speaking of accelerators, Montreal’s FounderFuel said this week it is doubling the initial funding it gives its startups — and taking a bit more equity in the early-stage ventures."
"LaChance and his team’s journey through FounderFuel was well documented: along with another team, Live Rides was the main focus in a recent reality series called “Make it or Break it.""
"FounderFuel est présentement à la recherche de 20 startups qui ont envie de se dépasser. Ils pourront bénéficier d’une offre bonifiée puisqu’ils recevront 50,000 $ en échange de 9% d’équité au lieu de l’ancien modèle de 25,000 $ pour 6% d’équité."
"[...] the FounderFuel accelerator, based in Montreal, will now fund future cohorts $50k in exchange for 9% equity (previously they had offered $25k for 6%)."
"The accelerator is offering twice the amount of seed funding for the teams it accepts to its next cohort."
" La Banque de développement du Canada, l'accélérateur d'entreprises montréalais Founder Fuel et le fonds de capital-risque québécois iNovia, notamment, ont déjà confirmé qu'ils se prêteront au jeu."
"Nine startups from Montréal, Québec accelerator FounderFuel’s recent graduates are coming to Silicon Valley."
"FounderFuel, which announced some news of its own this week with plans to send nine of its portfolio companies down to Silicon Valley for three months to work out of the offices of Plug and Play and Rocketspace."
"With this affiliation, the FounderFuel teams will benefit from unprecedented opportunities to develop partnerships, accelerate their customer acquisition and raise additional funding"
FounderFuel Offers Up Silicon Valley Office Space And Cross-Pollination Opportunities For Canadian Startups
"Montreal-based FounderFuel, one of Canada’s leading startup accelerator programs, announced a new plan this week to provide access to free work space at Rocketspace orPlug Snd Play in SF and Silicon Valley for three teams for each of its cohorts for three months."
"Alumni of a Montreal technology accelerator will soon be learning the way to San Jose."
"L’accélérateur montréalais d’entreprises en démarrage FounderFuel a signé une entente avec le Consulat général du Canada à San Francisco/Silicon Valley qui permettra à neuf équipes finissantes de réaliser un stage de trois mois dans la région."
"Neuf des 28 start-ups incubées à ce jour par Founder Fuel s’exileront durant trois mois dans la Silicon Valley. Durant cette période, elles pourront occuper des bureaux au sein des espaces de travail collaboratif Plug And Play ou Rocketspace."
"FounderFuel, accélérateur d'entreprises montréalais dont la mission est de créer des succès en fournissant des bureaux et de l'argent à de jeunes entrepreneurs, annonce aujourd'hui qu'elle envoie ses meilleurs poulains au coeur de la capitale mondiale de la techno pour maximiser leurs chances de succès."
"Le saviez-vous? Jobboom a lancé en septembre dernier sa première série web intitulée Ça passe ou ça casse! sur l’entrepreneuriat techno à Montréal."
Founderfuel Demo day : 800 personnes, 8 projets, 8 millions de dollars levés? Notre retour, une semaine après.
"Une semaine après le 3ème #founderfuel demo day, nous avons voulu revenir sur cette soirée que nous avons suivi des balcons, puis dans la foule, pour mieux saisir l’esprit qui y régnait.. et afin aussi de donner la chance à tous ceux qui n’ont pas pu y assister, de se replonger dans cette soirée très attendue à Montréal. Retour au 8 Novembre 2012."
"Pour ces entrepreneurs, il s’agissait du point culminant du programme de trois mois de l’incubateur, puisque l’avenir de leur start-up dépendait de leur performance hier. Ils avaient ainsi quelques minutes pour convaincre les investisseurs présents dans la salle d’investir dans leur entreprise."
"Si vous êtes occupé et que les établissements de restauration rapide ne le sont pas assez à votre goût, FastGrab est pour vous. Cette dernière permet de commander un repas parmi une quarantaine d’établissements montréalais, de le payer, puis d’éviter la file d’attente en allant le chercher."
"Getting into FounderFuel made us realize we could do much more than what we originally wanted to do, and it made us realize that our potential market is much bigger than what we actually thought."
"“The mentorship from the FounderFuel family helped us truly understand our business,” said Toledano. “We just came and hoped that those guys would be helpful in understanding out business and as it turns out it was the best decision we made.”"
"This cohort of startups graduating the three-month program was different. Teams weren't just from across Canada, but from around the world. Focusing on the areas of Web, software as a service, and mobile, FounderFuel took its program international this time around."
"I spent most of yesterday watching FounderFuel’s class of fall 2012 prepare for graduation. FounderFuel is an accelerator in Montréal , Québec that takes small teams with an idea and turns them into a (hopefully) viable startup. It’s the biggest in Canada, and its Demo Day is possibly the biggest in the world in terms of attendance. Last night, 800 people from the technology community gathered to hear the startups’ pitches — a huge crowd for a Demo Day."
"As reported by Techvibes earlier today, Montreal-based accelerator FounderFuel is ready to reveal it’s latest cohort of eight startups. They’ll do it tonight in downtown Montreal at their popular Demo Day, which is attracting a sold out crowd of 800+ people."
"We’ve all heard of the Internet of things, the 500 billion items that analysts say will be connected to the cloud by the year 2020. And we’ve been told that giving everything intelligence and location will transform our relationship to the physical world."
"The FounderFuel DemoDay Fall 2012 (November 8, 2012 in Montreal) was a great show – frankly, the pitches had me enthralled. The level of preparation was outstanding. And the PowerPoints were in another league compared to anything I’ve seen before at a startup demo day in their TED-like imagery."
“Weʼre very excited to launch these companies. They have made spectacular progress, some having gained impressive traction with millions of visitors a month."
"The vibe was now electric as I’m sure everyone felt the same shiver that I had creeping up my spine."
"The teams started at the accelerator 3 months ago. They provided the initiative and sweat, and FounderFuel accelerated their progress by providing the resources needed to scale their business fast and get prepared to raise seed capital."
"A wide-ranging group of members from Montreal’s start-up community flocked to Monumental National for the third Founder Fuel Demo Day on Nov. 8."
"There was a lot going on in the startup community this week with several big events from a TechCrunch meetup in Toronto to the FounderFuel demo day in Montreal."
"Montreal-based startup accelerator FounderFuel is ready to graduate their third full cohort of web-based companies on Thursday night to a packed house."
"Every waking moment of the last three months. All the hopes and dreams of the last few years of your life. And all the thousands of hours you and your team have put into your business idea, your site, your app, your revenue plan. All the hopes and expectations of friends and family, whose lives you’ve essentially dropped out of for the past 90 days."
"You’ve heard the bit about the best way to make money during the gold rush, right? It’s not joining the mob of prospectors, but selling them pickaxes and shovels.
"FounderFuel, the Montreal-based startup accelerator program focused on web, mobile and SaaS, today graduated 8 teams at historic Monument National in front of a sold-out crowd of 800 people, including investors from San Francisco, New York, Boston and across Canada."
"If you’re Richard Btaiche of Fastgrab, you compete by creating your own space. Fastgrab is a “quick service” food ordering app, and the company is just graduating today from FounderFuel in Montréal, Québec."
"Quebec is known as la belle province in Canada, and investors as well as founders are hoping to see both beautiful pitches and beautiful startups today."
Openera launches “Passbox” for files: find any files in email, Box, Google Drive, Evernote and more in 2 clicks
"I’ve always been an intrapreneur, but it’s a big difference starting your own company,” he said. “I’ve always been a believer in accepting the resources that are offered, and it’s been one of the best experiences. I know enterprise, and I know how to sell. But we also have to raise money, and develop on a shoestring, which is new to me.”
"It is also part of the latest class for startup accelerator FounderFuel, and will be presenting at demo day next week."
"In Canada, the number of entrepreneurs founding startups has never been greater. Dozens of incubation centres and accelerator hubs have sprung up across Canada — from heavyweights like GrowLab in Vancouver and Montreal’s Founder Fuel to smaller university-backed players like Ryerson University’s DMZ."
"(Montréal) Transformer une maison historique et un vieil hôpital en quartier général consacré à l'entrepreneuriat technologique. Après trois ans de mobilisation, c'est le projet qui s'apprête finalement à décoller à Montréal. Portrait d'un projet qui veut mettre la métropole québécoise dans le sillage de la Silicon Valley."
"L’aventure, des plus exigeantes, se termine par un gala, le Demo Day,au cours duquel chaque équipe présente son entreprise devant une salle de plus de 500 investisseurs à la recherche d’une bonne affaire."
"Le programme montréalais d’accélération pour entreprises en démarrage Founder Fuel ouvre virtuellement ses portes cet automne, par le biais de Ça passe ou ça casse. La série web suit le parcours des jeunes compagnies qui ont bénéficié de son aide au printemps 2012. À voir si l’entrepreneuriat vous intéresse."
"“Ça passe ou ça casse” se veut la première série web en 12 épisodes sur l’entrepreneuriat accéléré en TI au Québec. Réalisée par FounderFuel en collaboration avec Jobboom, elle met en vedette 11 équipes pendant leurs séjour de 12 semaines dans le programme de FounderFuel."
"Jobboom s’est associé à l’accélérateur d’entreprises FounderFuel pour lancer une web-série dédiée à l’entrepreneuriat. Intitulée « Ça passe ou ça casse », celle-ci met en vedette 11 équipes d’entrepreneurs pendant leur séjour de 12 semaines dans le programme de FounderFuel."
"L’incubateur montréalais FounderFuel a dévoilé aujourd’hui les quatre premiers épisodes d’une émission de téléréalité mettant en vedette les entrepreneurs technos de sa deuxième cohorte."
"Venture Cap TV took a sneak peek at FounderFuel’s 3rd cohort. Can you figure out what their startups do? Take a guess and see if you’re right at Demo Day November 8th, 2012! Good luck, Teams!"
"Jobboom, en collaboration avec l’accélérateur d’entreprises FounderFuel, lance sa première série web intitulée Ça passe ou ça casse!"
"Founder Fuel a ainsi convié une dizaine de jeunes entreprises canadiennes qui ont travaillé pendant 12 semaines sur leur projet, en espérant rejoindre les rangs des Foursquare et autres Instagram."
"“There’s finally going to be a ‘real’ place for us rather than having all of us scattered all over the place,” said FounderFuel general manager Ian Jeffries. “It’ll be a place where everyone’s like-minded and thinking about [or currently] building a business, and right now that doesn’t really exist.”"
"ooomf fait partie des entreprises qui sont passées par l'école Founder Fuel, cet accélérateur montréalais qui cherche à lancer le prochain Facebook en fournissant argent, locaux et conseils à de jeunes entrepreneurs."
"the company wants to meet with customers like Jeffrey to get their feedback on Eventbrite and plot out ways to tailor the service in their local area based on that input."
"High in the attic of Notman House, where Montreal business incubator FounderFuel calls home, lies a startup that wants to take over as your social music hub."
"On October 29 TechStars co-founder Brad Feldwill be visiting Montreal's Notman House for the release of his fourth book, Startup Communities: Building an Entrepreneurial Ecosystem in Your City."
"Jobboom s’associe à l’accélérateur d’entreprises FounderFuel en créant une série web sur les tribulations des créateurs de startups : Ça passe ou ça casse!"
"The Montreal-based startup, which graduated from FounderFuel‘sspring 2012 accelerator program, is launching its app discovery platform today meant to help users and developers connect by making users active participants in the app development process."
"The Montreal-based startup is a recent graduate of the Spring 2012 FounderFuel Accelerator Program, and just secured $500,000 in seed funding to further develop their platform."
"Today Montreal-based ooomf announced it has raised $500,000 in seed funding led by Real Ventures, with participation from BDC Venture Capitaland several angel investors. The startup, a graduate of Montreal’s Founder Fuel startup accelerator, is also debuting its social app discovery platform in public beta today."
"App makers have a new way to promote their apps with Ooomf, a discovery service that lets users see upcoming apps and allows them to participate in the creation process. Montreal-based Ooomf announced it has raised $500,000 in seed funding."
"Montreal startup ooomf announced this morning that they have raised $500K in seed funding and are launching their public beta."
"Nous avons choisi la Maison Notman à cause de tous les événements technos qu'on y tient et parce qu'on voulait entrer dans l'incubateur Founder Fuel, qui y est établi"
"Durant toute la durée du programme, les entrepreneurs sont en contact avec les mentors qui les aident, entre autres, à structurer leur entreprise afin qu’ils réussissent à obtenir du financement."
"We just graduated from Founder Fuel in Montreal, and we are moving full speed ahead with new development and partnerships."
"Toronto’s Wave Accounting is continuing its push to make complicated topics simple and accessible through the acquisition of Montreal stock analysis startup Vuru.co [...] which was part of Montreal accelerator FounderFuel’s first cohort of companies last fall"
"Today Toronto-based Wave Accounting, the free small business web-based accounting solution, announced that it has acquired personal stock analysis tool Vuru, a company founded in Montreal that recently made the move to Toronto."
"It was really interesting because all of a sudden I could see all of these images that people were sharing...and all of this content in one centralized place, and we've never had the chance to do that before!"
"Today Playerize ('the shining star of FounderFuel's inuagural accelerator cohort') announced they have entered into an agreement to acquire SuperRewards, the Vancouver-born pioneer of virtual currency for social and mobile games."
"We were able to meet people that it would have taken us ages to meet on our own. The network you gain out of an accelerator program is extremely valuable. You are also put to the test in a short 3 month period to push yourself to the limit."
"As soon as we got in the program, FounderFuel helped Prestopolis in three ways. First, accelerate our business. Second, expand our network through FounderFuel's mentors. Third, access growth capital. Also, during the 12 weeks, we grew as individuals, and we got closer as a team."
"Salesforce’s Desk.com has partnered with notable incubators Y Combinator, TechStars, 500 Startups, FounderFuel, and more to give a ton of startups six months of free software designed to help with customer service and support."
"We have learned to take a lot of advice, digest it, and apply it in a way that makes our business stronger, while testing everything in very rapid iterations."
"In this episode, Karim Kanji asks Michael about his recent experience with Founder Fuel in Montreal."
"We are excited to share that FounderFuel will be bringing their roadshow to the VeloCity Garage this Friday, June 22."
"Accelerators promise to deliver everything a startup needs, under one roof. Too bad there aren't enough of them to go around. If you want in, you'd better be fighting trim."
"Le Demo Day sert à piquer la curiosité des investisseurs et à établir un premier contact avec eux. Le reste se jouera au cours des prochains mois"
"Join us in Montreal, Quebec City, Ottawa, Toronto or Waterloo for drinks and a chance to connect with teams and mentors from the first two cohorts and learn everything about the program."
"So what are you waiting for? If you're ready to change your business and embark on one of the most wild and exciting rides of your life, apply. It's one of the best decisions you can make if your'e in the web/mobile game."
"Montreal-based startup accelerator FounderFuel is hitting the road this month to recruit for their Fall 2012 session."
"Les entrepreneurs intéressés à faire partie de la cohorte automne 2012 de l’accélérateur d’entreprises FounderFuel peuvent soumettre leur candidature en ligne dès maintenant et ce, jusqu’au 22 juin."
""Teams need to really be able to take the feedback,” says Jeffrey. “If they come in here thinking that their business will come out the same, they’re the kind of people that we don’t want.”"
"It joins similar initiatives across the country including Extreme Startups in Toronto, FounderFuel in Montreal, GrowLab in Vancouver and Hyperdrive in Waterloo, Ont."
"The real value was in how much we learned. We know 100 per cent more about how to run a successful business, how to build a product and market it.”
"June 22nd - FounderFuel- Montreal - Apply now."
"At FounderFuel's Spring 2012 Cohort Demo Day, 11 startups showed their stuff in a Montreal theatre in hopes that their dreams sparked the interest investors, and the Rackspace Startup Program was there."
"If you've already used Rodgers's metrics above to check on the effectiveness of theFounderFuel program in Montreal and you like what you see, you better hurry up and apply for its next cohort."
"Like in the first cohort, what stands our from FounderFuel cohorts is their solid and great delivery. Points are nailed, there are no vague statements, and everything is communicated to make the audience understand it’s a big idea getting traction."
"FounderFuel, the Montreal based web accelerator, is currently recruiting dedicated and passionate teams to join their intensive 12 week program."
"The day kicked off with the spring cohort from FounderFuel, an accelerator program that takes in about 10 young companies twice a year (There were 11 in this cohort.) and puts them through an intense three-month program of mentorship, tough love, presentations and long days of work all intended to make them investor-ready on demo day. That day dawned yesterday."
"Think you have what it takes? What are you waiting for? Apply (http://founderfuel.com/en/apply) before June 22nd."
"Being able to talk with and learn from extremely accomplished mentors is such an invaluable trait of FounderFuel. Their mentor network is amazing."
"If you’re in Silicon Valley build something people want, if you’re in Boston or New York, do more faster. We’re not in those places. We’re in Montreal, and Montreal is the home of creativity. So do something magical.”
"FounderFuel is a grueling, intensive 12 week program that will help your startup, gain traction, secure partnerships, and get to revenue faster."
"Perhaps the most interesting thing I heard about the whole process is how much the original business ideas changed and evolved through the 12 week period."
"Mike Gozzo pensait bien pouvoir reprendre son souffle après trois mois à vivre au rythme infernal de Founder Fuel, un camp de développement pour entrepreneurs qui a pris fin la semaine dernière."
"The air was buzzing at Montreal’s Monument National last week as deep pockets met creative minds at this year’s FounderFuel demo day"
"The Toronto web platform was one of the most promising startups in FounderFuel's 2012 spring cohort."
"Epilogger is one of the most promising firms at the 2012 spring cohort of FounderFuel."
"Techvibes attended FounderFuel Spring 2012 Demo Day this week. The room was full with 800 visitors. For some observers, the quality of the startups making their 20 minute pitches in front of investors has improved significantly this year. "
"Les 11 entreprises de cette deuxième cohorte de FounderFuel viennent de terminer un marathon de 12 semaines de mentorat intensif qui leur a permis de perfectionner leur produit. Leurs créateurs ont travaillé d’arrache-pied – certains ont dû tout reprendre à zéro – pour prouver qu’ils étaient prêts à déployer leur produit à grande échelle et à recevoir du capital de risque."
"Le programme d’accélération pour entreprises en démarrage Founder Fuel a tenu hier au Monument-National de Montréal sa seconde cérémonie de graduation, avec la présentation des 11 compagnies qui ont profité de son financement – et surtout de son expertise – au cours des trois derniers mois."
"Teralys Capital is proud to announce a $50 million investment in Rho Canada Venture Fund II ("Rho Canada II") concurrent with its initial closing of $100 million."
"Wednesday’s FounderFuel Demo Day showcased the companies, as founders made their pitches to a packed Monument National filled with other entrepreneurs and potential investors."
"Today Montreal's FounderFuel will graduate 11 startup teams at historic Monument National in front of a sold out crowd including investors from San Francisco, New York, Boston, Toronto, Vancouver and Montreal."
"Demo Day is a fantastic opportunity for all budding entrepreneurs to get a taste of the startup life and see what twelve weeks of hard work, red bull and pizza can do."
Au cours des trois derniers mois, l'organisme a aidé 11 jeunes entreprises technologiques triées sur le volet à développer leurs produits et leur plan d'affaires. Le test ultime se tiendra demain, alors que les équipes présenteront le fruit de leur travail à une assemblée d'investisseurs provenant des quatre coins de l'Amérique du Nord.
"I think now is a great time to build a company in Montreal because there’s more early stage capital, we have great universities which are creating amazing talent and recent graduates are getting interested in startups, not to mention the contribution of events like the International Startup Festival and projects like Notman House. Honestly, I think things are looking pretty good right now for startups."
«Celui qui, au jour un du programme, croit avoir décelé les premiers de classe parmi nos équipes ne comprend rien à l'entrepreneuriat ni à ce programme»
"Que la BDC ajoute sa participation à un moment crucial du développement de ces nouvelles entreprises est évidemment une bonne nouvelle."
"Through FounderFuel, BDC could invest $150,000 in each graduate of the accelerator’s 12-week program through a convertible note. Up to 40 graduates will be eligible."
"BDC Capital de risque remettra jusqu'à 6 millions de dollars en billets convertibles à une quarantaine d'entreprises en démarrage qui participeront au programme de mentorat FounderFuel.”
"The potential to obtain substantial financing right off the bat is giving them an additional incentive to make as much progress with their businesses as they can"
"The Business Development Bank of Canada'sventure capital arm will issue up to six million dollars in convertible notes over two years to graduates of FounderFuel"
"It’s time for American entrepreneurs to start giving their northern neighbors some credit. Canada is serious about building out quality entrepreneurial ecosystems "
"The Business Development Bank of Canada's venture capital arm will issue up to six million dollars in convertible notes over two years to graduates of FounderFuel, the Montreal-based startup accelerator program. "
"This investment is part of BDC Venture Capital's larger commitment towards accelerators across the country, a key element of its strategy to support tech enterprises in their early, most fragile, stage."
"Canadian tech entrepreneurs should be confident they can compete with the best in the world, but they need a strong, supportive "ecosystem" to get the edge. Our convertible notes program, which is one of the means we use to bolster the Canadian venture ecosystem, is bridging a financing gap that few institutional and private investors can assume"
"This investment is part of BDC Venture Capital's larger commitment towards accelerators across the country, a key element of its strategy to support tech enterprises in their early, most fragile, stage."
"La division capital-risque de la BDC débloque en effet 6 millions de dollars sur deux ans pour soutenir les poulains actuels et futurs de Founder Fuel."
"Avec la seconde levée de 6 M$ CAN auprès le branche VC de Bank of Canada, ce sont pas moins de 40 équipes qui pourront recevoir une aide moyenne de 150 000 $ CAN pendant les deux ans qui viennent."
“Entrepreneurship and venture capital investments are on the rebound in Canada"
"The Business Development Bank of Canada’s venture capital arm will issue up to $6 million in convertible notes over two years to graduates of FounderFuel, a Montreal-based startup accelerator program."
"The venture capital arm of the Business Development Bank of Canada announced today it is pledging $6 million in convertible notes to the graduates of Canadian incubator FounderFuel. "
"With the new support from BDC, the number of funded startups for the second cohort as well the total amount should raise significantly."
"now, instead of scrambling to secure investment right away, those teams deemed worthy by a joint committee from BDC and FounderFuel will have instant access to their first significant round of funding."
"Canada’s startup accelerator ecosystem received another shot in the arm today when Business Development Bank of Canada’s venture capital arm announced it could provide as much as $6-million in 40 graduates of the FounderFuel program."
"This vote of confidence from the BDC and additional support is proof of to the impact of the FounderFuel program"
"BDC Venture Capital announced today that it will issue up to $6 million in convertible notes over two years to graduates of Montreal's FounderFuel."
"at Demo Day, a joint committee will determine if the team is “venture ready,” and thus ready to receive the $150,000 note from BDC Venture Capital."
"L’accélérateur montréalais FounderFuel recevra un coup de pouce de la Banque de développement du Canada qui pourrait s’élever à six millions de dollars."
"The current crop of teams at Montreal’s FounderFuel just got a pleasant surprise with news that they stand to win $150,000 in funding from the Business Development Bank of Canada (BDC)."
“Not to be outdone by its southern neighbor, Canada has been hard at work on its own fleet of tech startup accelerators."
“Les accélérateurs d'entreprises font partie d'une approche nouvelle qui permet à de jeunes entreprises web de partout au Canada de travailler à temps plein sur un projet à l'aide de mentors.”
“durant les 12 semaines l’idée va toujours se déplacer un peu, ca va changer, ca va créer des nouvelles opportunités. Il n’y a pas une entreprise qui va rentrer dans le programme qui va sortir exactement avec le produit qu’il pensait”
“Après avoir lancé avec succès une première cohorte d’entrepreneurs, l’accélérateur d’entreprises Founder Fuel remet ça. Le programme vient d’accueillir 11 nouvelles entreprises du web et des applications mobiles qu’il tentera de propulser vers le succès.”
“Montréal a déjà produit de grandes entreprises technos. Elle aspire aujourd’hui à devenir une capitale numérique. Pour cela, il lui faut bâtir une masse critique d’entrepreneurs, mais aussi une communauté autour de ceux-ci. Des investisseurs, des anges financiers, des événements… L’accélérateur d’entreprises FounderFuel contribue à cet écosystème.”
“tres tres tres intense comme atmosphere”
“C’est vraiment a travers les mentors qu’il vont developper leurs enterprises”
“there are tons of opportunities for the teams to connect with this network and get crazy feedback, and it's really a large network of people”
“[Demo Day] drummed up much more interest from investors.”
“Playerize graduated from the program with seed funding and closed its series A round about one month later.”
“FounderFuel has all the right ingredients, and it’s managed by a group of professionals who know what they’re doing, and who are totally involved into making the startups a success — it’s priceless”
“Next time it could be you!”
“The FounderFuel program is the best effort I have seen in Montréal to get a startup accelerator.”
“En 12 semaines, les équipes ont réalisé de spectaculaires progress”
“The best part of FounderFuel was the mentorship that they and the mentor network provided along with the focus that this provides.”
“It’s clear evidence of the positive impact of the FounderFuel program and its network of experienced mentors”
“The FounderFuel process ultimately accelerated the failure of the original concept and allowed us to build upon it, creating something really powerful and well beyond what we would have been able to achieve in 3 months with blinders on.”
“There is no doubt that we would not have progressed as fast as we have without FounderFuel.”
“Getting into FounderFuel is about showing that you and your team can execute. Maximizing the benefit from FounderFuel is about figuring out what you should execute on. “
“FounderFuel has good partners that offered great deals that really helped us grow fast.”
“we enjoyed FounderFuel’s acceleration method around an experienced and accessible team. The association with eight other startups has also been very beneficial. I should add that these are all high-quality teams that can confidently look forward to a prosperous future.”
“Playerize was the only startup to close a round during FounderFuel, but others have commitments from investors already and should be closing rounds in the near future.”
“More than 600 people attended the first FounderFuel Demo Day”
“The teams have made spectacular progress in this high octane environment”
“it’s the most hard-working and most dedicated team in FounderFuel, with most members working late at nights, and perhaps one of the only team you’d find working on weekends”
“Playerize, with an all-star team from Vancouver, jumps on the social gaming opportunity, and is providing an ambitious set of tools to game publishers, to acquire new players, and also increase engagement.”
“For most consumer products, this idea should be a hit”
“a breakthrough in the finance world”
“it’s undeniably a great success, in terms of quality of the startups, and maturity of the businesses”
“Kudos [...] for pulling off a great event and what looks like an excellent inaugural cohort.”
“All the teams have come such a long way in just a really short amount of time, it’s unbelievable the work they’ve accomplished.”
“thanks to a new partnership with a trio of Canada’s top technology accelerators, the next generation of Canadian entrepreneurs will have access to Jet Cooper’s design expertise.”
“If you’re looking for great investment opportunities this a must-attend event.”
“Montreal accelerator FounderFuel is hosting Demo Day for their first cohort of 9 startup teams on November 8th and you're invited whether you're an investor, a mentor, a journalist, or just part of the startup community.”
“Montreal is not only one of the most vibrant cities in North America, but is now one of the hottest startup cultures in Canada.”
“FounderFuel is one of Canada's new breed of startup accelerators”
“Currently, it takes less and less resources to develop and launch a product […] What matters though is access to markets, getting connected to network, or having first customers, and programs like FounderFuel can exactly do that: get your first foot into the door. “
“There is a lot of choice in the marketplace for entrepreneurs, and the best way to see the differences are to connect with the people behind the scenes like Ian and the FounderFuel team.”
“Yes, it’s a pretty hasty process trying to go from idea to business in just three months, but […] we’re certain it will with the FounderFuel program.”
“FounderFuel […] est à la recherché […] d’entrepreneurs technos en démarrage.”
«Il y a un renouveau dans l'entrepreneuriat au Québec. On voit des gens ayant de fortes connaissances en technologie se lancer en affaires, mais ils n'ont pas le même bagage dans la gestion de l'entreprise. C'est là qu'on intervient.»
“The tech/entrepreneur community does, in fact have a lot of women. Fewer than the men, but they are there."
“[…]I think it's a great time to be a female entrepreneur in Canada.We've got two brand spanking new startup accelerators […] both very eager to have female representation in their inaugural group of portfolio companies.”
“At FounderFuel we believe startup success is more about the people than the idea. We take a lot of care in choosing the smartest and most resourceful, dedicated and passionate people we can find.”
“The team behind Montreal Start Up and the recently-launched seed fund Real Ventures together today announced a commitment of more than $2 million dollars to the newly-created Montreal based accelerator program called FounderFuel.”
“L’aspect le plus attrayant de FounderFuel est sans aucun doute son programme de mentorat“
“Ian came back to Montreal June 5 of last year and was excited to see the level of local startup activity.”
“programs like FounderFuel [are] a crucial element of Canada’s potential for future economic growth.”
“Although Silicon Valley gets the bulk of the tech world's attention, […] arguably one of the most vibrant in North America is in Montreal, Quebec. So it's good news for the entrepreneurial community that there's a new accelerator program in town: FounderFuel.”
“FounderFuel is seeking disruptive teams of highly creative and committed entrepreneurs.”
“Today, another early-stage accelerator program hits Quebec’s largest city, joining Year One Labs and others in an effort to support and grow Canadian entrepreneurship.”
“FounderFuel has put together a roster of 50+ mentors, with people from all over. This is an essential part of the program”