entrepreneurship

The Ottawa Network is hosting a Startup Bootcamp this weekend at the University of Ottawa.  The idea?  Get together with like minded people, design and prototype a business, and pitch it… between Friday evening and Sunday evening. 

The most promising proposal wins $5,000 in seed funding, when they incorporate and start the business within 45 days of the competition.

From the website:

“The event will place 75-100 people into functional business teams around ideas for businesses. The participants, composed of developers, business managers, start-up enthusiasts, marketing gurus, accountants, lawyers, graphic artists and other roles will work together during the week end. At the end of 54 hours, they will have turned a business idea into a business plan ready to start on the Monday. A review panel at the end of Sunday’s presentation’s will determine which of the opportunities is the best developed and award a prize of $5,000 as the first seed money to start the business (e.g. incorporation costs, start a website, etc.). Similar networking events have evolved very successfully in other parts of North America with this one being the first in Ottawa.”

Lots of developer and biz dev tickets have been sold, but the business teams are still going to need folks from the financial, legal and operations disciplines.  If you’ve got an interest in starting a company with like minded folks, then hustle on over to the Ottawa Network, check out the event, and buy a ticket

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Making Lemons into Lemonade

by alec on April 20, 2009

Dr Tony BailettiCarleton University Professor Tony Bailetti is out making lemons into lemonade.  In response to the current economic environment, he has dusted off a program he ran in 2002 called “Lead to Win”.  The goal is to take a crop of bright, talented folks with leadership potential and mold them into technology entrepreneurs.  Last time around, this program produced graduates who went on to found Liquid Computing, Nakina Systems, Trigence (AppZero),OnConference, BioPeak,  Congruance IT, Totient Networks, Connectme  TV, Purple Forge, Surve, Wise Eyes, THANN,Phenomena Tech, TenXC, Mobia Communications, Firesnacks, Timeline Interactive, Memoridia, and Babble.

It’s free, but there are only 30 seats available.  If this sounds like something you’d want to do, then get your application in quickly.

Call for talented technology individuals to join Lead to Win

If you are serious about starting a profitable tech-based business in the National Capital Region during the current economic situation, we invite you to apply to Lead to Win (LTW).

The first LTW training session starts May 19, 2009. If you have what it takes, we encourage you to apply immediately. To apply online, please go to www.leadtowin.ca.

LTW is the premier program for talented technology individuals who wish to establish and grow successful businesses in the National Capital Region.

Lead to Win (LTW) is free. In May and June we are investing in 30 talented individuals; each is expected to establish a technology business that can employ at least six knowledge workers over the next three years. We plan to repeat this investment six times during the economic downturn.

LTW has three phases. In the first phase, you provide contact information and answer ten questions. Participants will be selected based on their experience, commitment, and opportunity profile. In the second phase, you participate in an intense six day training program where you will learn how to lever business ecosystems, profitably serve attractive vertical markets, and the key factors that contribute to the ultimate success of a fledgling technology company. Upon completion of this second phase, you will be invited to launch your new technology businesses in the National Capital Region.  In the third phase, LTW connects you to strategic customers, revenue opportunities, and individuals, companies and organizations that can provide requisite resources, including capital. You keep all rights over your business.

The 2009 LTW program builds on the highly successful 2002 LTW program. LTW leverages the assets of the Talent First Network, alumni from the 2002 Lead To Win program, community expertise, and faculty members and graduate students of Carleton University’s Technology Innovation Management program (www.carleton.ca/tim).

Contact:

Tony Bailetti at Bailetti@sce.carleton.ca or call 613 829 8885.

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Suzie’s advice for Ontario entrepreneurs

April 10, 2009

Canada’s venture industry is a mess, especially in Ontario. Venture lawyer Suzie Dingwall Williams recommends entrepreneurs focus on the newly announced Ontario Emerging Technology Fund, and try to ensure that the investment criteria are friendly to the crop of entrepreneurs in Ontario.

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Picking the right channel to market

February 17, 2007

A couple of years ago my good friend Wendy Kennedy told me she was writing a book about commercializing inventions — a handbook for entrepreneurship,  targeted at technologists.  Titled “So What? Who Cares? Why You?”, it’s published now, and I’ve written about it a couple times.  Don’t look for it at Amazon, or in your local [...]

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Not Being A Dot Bomb 2.0

July 18, 2006

11 Suggestions for Not Being a Dot Bomb 2.0 has a lot of useful stuff for entrepreneurs and those who aspire to entrepreneurship.  Particularly important was point #2: be a complete business, not just a feature.  What’s the service or product you offer to your customers?  If you can’t define this without another party’s offering [...]

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Two "Story of a startup" blogs

July 11, 2006

Some weeks ago, Ambient Vector CEO Sutha Kamal dropped me a line to tell me about his new project: a blog titled 90 Days in the Life of a Startup, published on the Globe and Mail’s website.  Part reality TV, part news, and all Sutha, it’s a great read.  Then yesterday, Price Canada’s Ryan McKegney let [...]

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Is it a Business or…

April 26, 2006

Wendy Kennedy asks the perennial marketing question Would you pay for this?  Is it a business, or a hobby?  Or, as many VC’s ask in today’s built-to-flip world, "is it a company or a feature?"  Go read the rest of her post.

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