Recommended Reading | So you just raised your seed round, now what?

Recommended Reading | So you just raised your seed round, now what?

We get a lot of questions about access to capital from Founders of early-stage tech startups. It often is one of the first questions we hear when we meet with someone interested in pursuing their idea for a product. There is a lot of work to be done before seeking angel investment or a seed round for your company - like problem/solution fit, minimum viable product development, and even preparing to sell to customers (and we’re happy to support your efforts through the Preflight program.)

In this article Boris Wertz, founding partner of Version One Ventures shares some of the patterns he has observed while sitting on the boards of the companies in their portfolio of investments, from pre-seed to Series B, and beyond. Version One Ventures has ten years of experience and comprehensive portfolio of tech investments including Jobber, Nexopia, TechVibes, IndieGoGo, and Indochino.

What I like about Boris’ advice is it’s incredibly practical, and what I’ve watched happen in our local community when startups successfully secure funding and then use it to prepare themselves for rapid growth. As I go through Boris’ checklist of what to focus on (and not focus on), three, in particular, stand out.

Facebook Live | How to get the most out of mentorship

Facebook Live | How to get the most out of mentorship

In this Facebook Live, Adam Danyleyko, our Community Program Manager, sat down with Dave Bellous to chat all about mentorship. Dave is a longtime member of the startup community, is currently working with the team at ZEPT (a Launch Party alumni company,) and is a sought-after mentor for CEOs and Founders. 

Facebook Live: How to use the Lean Canvas after you leave Business Model 101

Facebook Live: How to use the Lean Canvas after you leave Business Model 101

In this week’s Facebook Live, Stephanie chats about how you can use the Lean Canvas after our Business Model 101 workshop ends. Even though it's just a piece of paper, the Lean Canvas can help hold you accountable to finding success quickly by supporting your efforts to make decisions based on data. 

How early is too early to explore a new market? It's earlier than you think!

How early is too early to explore a new market? It's earlier than you think!

We're proud members of the Canadian Digital Media Network (CDMN). In addition to connecting with our peers across accelerators and incubators across the country, CDMN provides valuable programming for tech companies to propel their growth and connect them with founders around the world.

The Get There program is a unique opportunity that offers early-stage, high-growth high-potential Canadian tech startups a chance to demystify an international market. The program is designed to amplify the founder’s network and provide tips and tricks to make future visits easier and more cost effective. Each company receives pre-trip coaching before spending one week in market and financial support to offset some of the costs of the trip.

We sat down to chat with Laurie Maier, Manager Network Programs - CDMN, to talk about how early is too early to explore a new market (hint: it’s probably earlier than you think) and how to get the most out of a Get There trip.

Facebook Live - How to make the most of your company swag

Facebook Live - How to make the most of your company swag

Next week, Steph is teaching a Startup 101 all about using promotional materials to create an army of brand ambassadors for your company. In this Facebook Live, she provides some quick tips on what you should consider before placing an order.

The land of tech startups is littered with lousy company t-shirts! Don't fall into this trap with your limited marketing dollars. Curious about Steph’s first piece of advice?

Facebook Live - Three tips to shake up your leadership style before the end of the year

Facebook Live - Three tips to shake up your leadership style before the end of the year

In this week’s Facebook Live, Tiffany Linke-Boyko shares three tips on how you can shake up your leadership style before the end of the year. Her best piece of advice is to treat the last 60 days of 2018 the same way you would the first 60 days of 2019. There is no need to wait until the new year to take on a challenge, learn a skill, or find something to optimize to make your work more efficient.

Mayor Iveson and Greg Burlet chat about building a startup in Edmonton

Mayor Iveson and Greg Burlet chat about building a startup in Edmonton

Launch Party 9 was a great night! Throughout the night, 800 community builders, business leaders, community champions, and supporters connected with our ten companies showing off their new tech products. It’s our favourite night of the year because so many Edmontonians come out to celebrate these companies, try their products, and act as their champions.

Late in the program, Mayor Don Iveson and Greg Burlet, Founder of Frettable, snuck outside for a chat all about the process of building a tech company in Edmonton. From Chief Feline Officers to the role of startup communities, the challenges of finding early-stage capital to setting up employee benefits - Greg and Don cover a lot of ground!

City of Edmonton announces challenges for Startup in Residence Program

Earlier this year, Mayor Iveson in his State of the City address announced Edmonton would participate in the Startup in Residence (STIR) program to find innovative solutions to municipal challenges by leveraging the agile approach and bright minds of startups. Through this unique program, startups from around the world can apply to be selected by more than 30 government partners to build technology solutions to their most pressing local challenges.

Today, the City of Edmonton announced it’s three challenges!

  • A vandalism detection and prevention system for City-maintained structures in public spaces

  • A chatbot that would reduce 311 call volumes for routine information-base calls

  • A mobile app that would deliver information to users about the optimal blend of

    transportation options, including transit, vehicle for hire, car share, and/or cycling

Startups, including companies with an existing product, have until November 7th to apply to the STIR program.

One of the best parts of the City of Edmonton partnering with the STIR program is that participating startups benefit from the streamlined process and best practices established by STIR after working with dozens of municipalities in some of the most competitive tech cities in the world. The City of Edmonton is a world leader in Open Data and is an incredible supporter of our local startup community. They recognize the role of hackathons and friendly competition to spark new ideas, but that largescale solutions to complex problems need dedicated time and resources to create reliable solutions.

We would love to see an Edmonton-based startup team succeed in solving one of our local challenges! International programs like STIR offer our local community to step up to the challenges in our own backyard but also shine a light on other municipalities where our local talent can make a big impact - especially in the fields of data analytics, AR/VR, Natural Language Processing, AI/ML. There are currently 81 challenges posted on the STIR site and all of them are open to Edmonton teams to solve!

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STIR does not guarantee a government contract to selected companies, but the entire process is set up for both parties to succeed - the municipality and the startup.

Read the full release from The City of Edmonton below and stay tuned for details on an upcoming Facebook Live to answer all of your questions before the application deadline!


Municipal challenges set for international startups

October 9, 2018

The City of Edmonton is looking to STIR things up a bit.

As part of the Startup in Residence (STIR) program, the City has released three unique challenges that startups from Edmonton and around the world can apply to solve through technology.

“We want to harness the creativity of the global startup community to help us tackle some of the challenges we face as a municipality,” says Norman Mendoza, Manager with Open City and Technology. “The Startup in Residence program also offers our innovative Edmonton-based startups the chance to partner with governments from around the world, which could spark new innovations across a number of different sectors in our city.”

The City of Edmonton challenges include:

  • A vandalism detection and prevention system for City-maintained structures in public spaces

  • A chatbot that would reduce 311 call volumes for routine information-base calls

  • A mobile app that would deliver information to users about the optimal blend of

    transportation options, including transit, vehicle for hire, car share, and/or cycling

The City of Edmonton is one of 31 government partners in North America in the Startup in Residence program. Since 2014, nearly 50 startups from around the world have provided technology solutions to cities, including San Francisco, Miami and Houston. Previous projects in the program included foster care application streamlining, smart sensors on trash cans, and volunteer engagement tools. Startups can go to StartupinResidence.org to apply for one or more of the 90+ challenges posted by the Startup in Residence network of government partners.

Our picks for Edmonton Startup Week!

Our picks for Edmonton Startup Week!

I hope you had a wonderful holiday break enjoying time with friends and family! 

With Edmonton Startup Week fast approaching, I want to share our team's top picks for each day of the celebration. Of course, there is so much more to choose from with more than 60 events and more being added every day. Make sure to build your custom schedule as some sessions are filling quickly!