Archive for the ‘Uncategorized’ Category

Emily Carr University of Art + Design’s Living Labs launches the Discovery Foundation Mentorship Program featuring Entrepreneur-in-Residence Ian Ball

Thursday, September 20th, 2018

As part of the Discovery Foundation Mentorship Program,  Living Labs is launching the first-ever Discovery Foundation Entrepreneur in Residence at Emily Carr. This innovative new program will provide dedicated support for ECU students as they create, refine and launch the next generation of technology-driven businesses, products, projects, platforms or initiatives. For more information, click here.

A Discovery Foundation Growth Essential Program: Growth Driver: Successful routes to market strategy – PART 1 October 23rd, 2018

Monday, September 17th, 2018

The next workshop in the Discovery Foundation Growth Essential Program:  Growth Driver: Successful routes to market strategy – PART 1 in partnership with ACETECH is being presented by Bruce Stuart on October 23rd, 2018.

The process of finding and developing routes to market for products, services or technologies (the offering) is expensive and time consuming.  In fact most emerging and mature tech companies spend more per year on finding, developing and managing routes to market then they spend annually on R&D. To learn more and to register for the workshop, click here.

The next Discovery Foundation’s Speed Mentoring Program in Collaboration with WCT is September 18th!

Tuesday, September 11th, 2018

Speed Mentoring – Taking the Lead

Register Now

Most people would agree that everyone can benefit from having a mentor and that mentoring can have a great impact on your career. But, what makes a great mentor and how do you go about finding one?

Join the Discovery Foundation’s Speed Mentoring Program in Collaboration with WCT, a free event series which seeks to break down barriers by providing informal mentoring opportunities open to all women, trans, and non-binary folk working in communications and technology.

A Speed Mentoring event consists of a series of short, round-table discussions facilitated by one volunteer mentor and up to four mentees, creating opportunities to:

  • Form new connections with both mentors and mentees from a diverse set of backgrounds
  • Explore how having a mentor could support you and your career
  • Gather a range of new perspectives on a challenge you are currently facing
  • Share your wisdom and experience by being a mentor yourself.

You’ll also have a chance to win a wine tasting at Township 7 for you and 9 friends!

When: Tuesday, September 18

Time: 5pm – 8pm

Where: Hootsuite, 5 East 8th Avenue, Vancouver, V5T 1R6

Cost: Free

Light snacks and refreshments included.

The theme for this event is Taking the Lead. Participants are encouraged to share a challenge they are currently facing and for which they are seeking guidance and support. Register now to be a mentee!

The Discovery Foundation Capital Mentorship Program kicks off with the Insider’s Guide to Raising a Round!

Wednesday, July 25th, 2018

The Discovery Foundation Capital Mentorship Program facilitated by the Vancouver Economic Commission is designed to help entrepreneurs become more strategic in raising the capital critical to accelerating their ventures. This program is for CEOs and founders of growth-oriented tech companies who have already launched their productor service. Generally, they should be generating revenue, ready to seek external sources of funding and looking to raise a minimum of $1M in capital in the next six months.

On August 21st, the first MasterMind Capital Cohort begins with a three-hour deep dive and workshop into the capital raising process and the preparations required. Then over the following three weeks, Spring – along with select partners – will facilitate two-hour sessions with inter-session support to work through investor profiles and funnels, pitch preparation, due diligence preparation, and negotiation skills. No more than 16 companies will be selected.

Fastrack Your Fundraise in 2018: Introductory Session

If you are interested in applying for the Capital Mentorship program, we encourage you to attend Insider’s Guide to Raising a Round: Tips From the Other Side, a panel session led by Sana Kapadia on how to align with strategic investors, raise capital, and grow your business. This session happens August 7, before applications open for the Capital Mentorship Program. Register here.

MasterMind Capital Streams

Due to popular demand, we have partnered with Spring to bring Vancouver and BC three MasterMind Capital programs this fall and winter, each with a different focus:

MasterMind Capital: VR/AR

Program Dates: August 21 – September 14

With over 200 entities in the industry, Vancouver’s visual and spatial computing expertise — the result of a 40-year legacy in film & TV, 35-years of leadership in animation and VFX, and over 20 years of games design — is drawing smart companies, talent and capital. The VR/AR industry is rapidly expanding. This cohort will be tailored for founders and companies in the extended, virtual, augmented, and mixed realities space across BC.

Applications Open on August 7

 

MasterMind Capital: Health & Life Sciences

Program Dates: September 24 – October 19

Vancouver and BC is home to a robust health and life sciences sector. Well-resourced research universities and leaders in the field provide a strong incubation infrastructure for biotech, medtech and other life sciences startups requiring the deep support necessary to start up. This Mastermind cohort will serve companies working on commercialized projects and technologies looking to meaningfully enhance human health and wellness.

Applications Open on September 3

 

MasterMind Capital: Women in Tech

Program Dates: October 29 – November 23

Gender parity in decision-making leadership roles isn’t about politics — it is smart business. Vancouver performs comparatively well in terms of diversity in our tech sector: we have a higher-than-average percentage of immigrant-founded startups and companies. However, we still have much work to do. This cohort aims to create an inclusive environment to support female founders and entrepreneurs on their journey to raising capital.

Applications Open on October 8

 

All Applications will be reviewed by Spring and the VEC.

 

What’s Next? About our Investment Showcases

Following MasterMind Capital, the top-performing startups will be strongly positioned for the opportunity to be featured at one of multiple investment showcases. Our Investment Showcases highlight Vancouver’s emerging momentum and high-potential companies to an audience of Canadian and US investors. Each startup participating in an Investment Showcase will be rigorously vetted by an independent Selection Committee comprised of key Vancouver investors and investment firms whose portfolios feature sectors and interests relevant to each showcase theme.

In a departure from the usual showcase format, successful startups field questions from groups of investors in deep dive sessions. This deal flow format encourages investor engagement and facilitates discussion. Learn more about showcases from previous years and read more about one of the resulting success stories.

  • VR/AR Investment Showcase (September 20) – [Applications Not Yet Open]
  • Health & Life Sciences Investment Showcase (TBC)
  • Women in Tech Investment Showcase (TBC)

Discovery Foundation and New Ventures BC launch the Discovery Foundation Start-Up Connector Program:

Friday, June 29th, 2018

Get connected to what your start-up needs

With the support of the Discovery Foundation, New Ventures BC is launching a Start-up Connector Program. This is a pilot program and will be free to accepted ventures.

  • Do you need introductions to the right investors?
  • Are looking to land your first big customer?
  • Need a second look at your financing strategy and pitch?
  • Have you built a solid venture but need to find relevant advisers?

Who is eligible to apply?

This program will first be offered to ventures that have placed in the top 25 of the 2018 BCIC-New Ventures Competition. Any additional available spaces will be offered to ventures with the following qualifications:

 A venture with the intent to build an economically viable, for-profit business in B.C.
 An early stage technology venture commercializing intellectual property
 Ventures that have a product and some early customer traction
 Investor-ready ventures, looking to raise financing

How long is the program? How much involvement does it require?

This program will involve an estimated 6 meetings over 3 months between September 1 to November 30 2018. However, as this is a pilot program, this estimate may change based on each venture’s needs.

Workload will depend on the objectives set by the venture and Entrepreneur-in-Residence (EiR)

How does the program work?

Accepted ventures will work one-on-one with NVBC’s EiR.

Meeting 1: NVBC’S EIR meets with the CEO for a personalized assessment session. The CEO tells the EiR their critical strategic needs. Based on the assessment meeting, they determine criteria on what/who the CEO needs to execute faster. This may include pitch critique, grant writing tips, fundraising timelines, staffing/expertise requirements, and more.
Meeting 2: EiR reviews available programs that could address the CEO’s needs and makes recommendations on what to apply for and how to write a winning application. The EiR starts to look at making warm introductions to subject-matter experts and/or potential investors the CEO is seeking.

Meetings 3, 4, 5, 6:  The CEO and EiR have 2-4 follow-up meetings to debrief on outcomes and additional needs.

For more information and to register, click here. 

Introducing Discovery Foundation’s Speed Mentoring Program in Collaboration with WCT, a free event series which starts June 19th!

Friday, June 8th, 2018

Most people would agree that everyone can benefit from having a mentor and that mentoring can have a great impact on your career. But, what makes a great mentor and how do you go about finding one?

Introducing Discovery Foundation’s Speed Mentoring Program in Collaboration with WCT, a free event series which seeks to break down barriers by providing informal mentoring opportunities open to all women, trans, and non-binary folk working in communications and technology.

A Speed Mentoring event consists of a series of short, round-table discussions facilitated by one volunteer mentor and up to four mentees, creating opportunities to:

  • Form new connections with both mentors and mentees from a diverse set of backgrounds

  • Explore how having a mentor could support you and your career

  • Gather a range of new perspectives on a challenge you are currently facing

  • Share your wisdom and experience by being a mentor yourself.

You’ll also have a chance to win a wine tasting at Township 7 for you and 9 friends!

To register, click here. 

A DISCOVERY FOUNDATION GROWTH ESSENTIAL PROGRAM May 31st – Transformation Math – the Cash Flow Dynamics of Cloud, SaaS and XSP delivered by ACETECH

Friday, May 11th, 2018

Expenses Lead Revenues; Investments Lead Returns
Forecasting and then financing the growth of a born in the cloud business is a difficult thing to do. The transformation from a legacy, transaction centric business model to a cloud/SaaS or XSP centric recurring revenue business model is also very tough. In this session, Bruce R Stuart, partner in Vancouver-based Channelcorp will help you and your team examine the cash flow dynamics of cloud, SaaS and XSP transformations.

The session will be presented in six conversations:

Every picture tells a story: the shape of cash
The players: the big 6 drivers
The questions: an interactive case study
The answer
The impact on valuation
Churn and customer retention: the silent killers
About Channelcorp
A 30 year veteran of the global tech industry Bruce Stuart and Partner Margaret Stuart have worked with many organizations including Adobe, Autodesk, HPE, HP, VMware, IBM, Cisco, SAP, Xerox and others as they and their partners have made the transformation to a recurring revenue future.

This session should be attended by CEOs, CFOs, key Route to Market executives and Board Members or advisors to tech companies that are considering or are in the process of transformation to a recurring revenue model.

Click here to register!

Discovery Foundation and Women’s Enterprise Centre launch the Discovery Foundation’s EM3 (Entrepreneurial Mindset Mastery & Mentoring) Program

Monday, April 16th, 2018

Discovery Foundation and Women’s Enterprise Centre are excited to announce the launch of a new mentoring program for BC women entrepreneurs in tech, called Discovery Foundation’s EM3 (Entrepreneurial Mindset Mastery & Mentoring) Program.

If you’re a woman business owner who operates in the tech sector, uses technology as a significant part of your business, or creates innovative products, services or processes, we want to help you grow your venture!

The EM3 program is based on WEC’s peer mentoring format, which is proven to create success. It brings women together for six mentoring sessions, led by an experienced female tech entrepreneur.

The program will help you:

  • Access a peer network of like-minded female founders
  • Get insights from an experienced woman mentor
  • Develop the mindset of a forward-thinking entrepreneur
  • Give your business a solid foundation for growth

Learn more about the program here.

THE DISCOVERY FOUNDATION ANNOUNCES ITS 2018 RESEARCH AWARD RECIPIENTS

Tuesday, February 27th, 2018

Vancouver, British Columbia, February 27, 2018: The Discovery Foundation, committed to the development and sustainability of the science and technology sector in BC, today announced the recipients of its inaugural Research Awards Program. $60,000 in total will be awarded to 3 agents. 

“For the first time, this year we are offering research awards valued at $20,000″ says Dr. David Harper, Discovery Foundation CEO. “Funding is available in two areas of research: greentech/cleantech and how to best promote diversity and inclusiveness in the BC tech sector. I am delighted to announce partnerships with Ocean Wise®, the Vancouver Economic Commission, and Women in Tech World. Collectively, we are confident these research programs will lead to a cleaner, greener, and more inclusive province.”

Ocean Wise® 

“Plastics are deeply embedded in our way of life but the pace and scale at which they are entering our oceans is alarming” says Dr. Peter Ross, vice president of research at Ocean Wise and executive director of the Coastal Ocean Research Institute. “We are pleased to partner with Discovery Foundation to initiate a Discovery Ocean Prize which will support research aimed at reducing plastic pollution in the ocean through innovative material design, novel recycling concepts, and new approaches to manufacturing and transport of goods. Look for a broader announcement in the coming months.”

Ocean Wise® is a not-for-profit organization whose vision is a world in which oceans are healthy and flourishing. Explore with us at www.ocean.org.

Vancouver Economic Commission

The Vancouver Economic Commission plans to explore the question “What is the market transformation potential of the B.C. Energy Step Code and the Vancouver Zero Emissions Building Bylaw?”  to better understand the pending impact on BC’s Green Tech Ecosystem.

The Vancouver Economic Commission (VEC) works to position Vancouver as a global leader for innovative, creative and sustainable business. www.vancouvereconomic.com

Women in Tech World

Driving WinTech: A Study of Women in Tech in British Columbia (BC) is to conduct community-based research on the experiences of women in the BC technology sector, in order to provide regional recommendations and actionable steps to address gaps in gender inclusivity and diversity province wide. The intent of the BC community-based research study is to better understand the challenges, barriers, and successes experienced by women in the technology sector in BC, at both a local and provincial level.

Women in Tech World is a grassroots organization dedicated to creating opportunities, connections + actionable steps to elevate women in tech. www.womenintechworld.com

************************************************************************************************************************************

Since 2010, the Discovery Foundation has provided approximately $3-million to foster science and technology in BC.  Beginning this year, the foundation is also funding research in the greentech/cleantech sector and supporting an investigation of how to best promote diversity and inclusiveness in the BC tech sector. Also new this year are post-secondary scholarships, awarded by our partners at BCIT and SFU, that reward students who show great promise, have financial need, and are from an under-represented group in BC tech. The Discovery Foundation Diversity Scholarships will help these students complete their technology, business, and entrepreneurship programs so they can contribute to employment and economic development in BC.

About the Discovery Foundation

A registered charity, the Discovery Foundation has been an enabler of the science and technology sector in BC since its formation in 1979. Its principal activity is the delivery of the Technology Education Program via agents that provide education and guidance to entrepreneurs in BC. The foundation also provides funds for research and scholarship.

The Discovery Foundation currently receives all funding through the independent and self-sustaining organization, Discovery Parks Investments Ltd.

The Discovery Foundation announces the winners of the 2018 Technology Education Programs competition

Monday, February 19th, 2018

Vancouver, British Columbia, February 19, 2018: The Discovery Foundation, committed to the development and sustainability of the science and technology sector in BC, today announced the winners of their annual competition for Technology Education Programs. $300,000 in total will be awarded to 12 agents in three funding categories.

“I was overwhelmed by the quality and quantity of the applications this year, which have more than doubled since 2017”, says Dr. David Harper, Discovery Foundation CEO. “This year we challenged agents to propose programing that prioritized diversity and inclusiveness, and the response was impressive. I am confident that the agents we were able to fund will play a significant role in growing the tech sector and forwarding BC’s competitive advantage. I am proud to announce that all of our programming now prioritizes under-represented groups in tech, in particular women and First Nations. Of the 12 programs funded, five are exclusively for women and two are for First Nations entrepreneurs.”

The three award categories and winners are listed below. Please see our website, http://www.discoveryfoundation.ca for more details on the programs.

Major Programs ($50,000) have a significant impact of the BC tech sector by providing mentorship to new and growing companies.

ACETECH: Discovery Foundation Leadership Development Program

SFU’s Coast Capital Savings Venture Connection: Discovery Foundation Tech4Impact Program

Women’s Enterprise Centre: Discovery Foundation’s EM3 (Entrepreneurial Mindset Mastery & Mentoring) Program

Continuing Programs ($20,000) provides funding to existing smaller scale initiatives.

Emily Carr Living Labs: Discovery Foundation’s Mentorship Program

Indigenext: Discovery Foundation’s Before Vancouver Program

Junior Achievement BC: Discovery Foundation’s JA Success Skills Program

PurposeFive: Discovery Foundation’s Women Leaders in Tech BLAST  (Business Leadership, Acceleration Strategies, Technology) Program

Vancouver Economic Commission: Discovery Foundation Capital Mentorship Program

Wavefront: Discovery Foundation’s Vertical RevUP Program

New Programs ($10,000) are specifically directed towards improving diversity in the B.C. technology sector.

New Ventures BC: Discovery Foundation Startup Connector Program

Women in Communications and Technology, BC: Discovery Foundation’s Speed Mentoring Program

Women Tech Founders: Discovery Foundation’s Women Tech Founders

 

Since 2010, the Discovery Foundation has provided approximately $3-million to foster science and technology in BC.  Beginning this year, the foundation is also funding research in the greentech/cleantech sector and supporting an investigation of how to best promote diversity and inclusiveness in the BC tech sector. Also new this year are post-secondary scholarships, awarded by our partners at BCIT and SFU, that reward students who show great promise, have financial need, and are from an under-represented group in BC tech. The Discovery Foundation Diversity Scholarships will help these students complete their technology, business, and entrepreneurship programs so they can contribute to employment and economic development in BC.

About the Discovery Foundation

A registered charity, the Discovery Foundation has been an enabler of the science and technology sector in BC since its formation in 1979. Its principal activity is the delivery of the Technology Education Program via agents that provide education and guidance to entrepreneurs in BC. The foundation also provides funds for research and scholarship.

The Discovery Foundation currently receives all funding through the independent and self-sustaining organization, Discovery Parks Investments Ltd.