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Posted in: Funding

Insights StartupSource
Closing the Growth Capital Gap By Graham Topa Aug 10, 2017 One of the biggest issues small and medium-sized enterprises face is the lack of funding to help facilitate growth. In response to this, Canada’s leading financial institutions announced this past spring that they are creating a Canadian Business Growth Fund to help Canadian companies get t...

Posted in: Articles | Featured Interview | Tips from Founders

Insights StartupSource
Featured Interview - John Zupancic, CEO and Founder of Wriber Jul 28, 2017 We interviewed John Zupancic, CEO and founder of Wriber, to learn from his experience launching and running a startup in Ontario. Wriber is a technology company that helps brands and agencies create optimized content for their audiences. Its artificial intelligence helps users research and s...
Get Thee to the Accelerator: 2017 Edition By Daniel Everall and Matthew Helfand Jul 25, 2017 In recent years, Canada’s innovation landscape has grown to rival that of our southern neighbour. There are many reasons for this, including Canada’s highly skilled and highly educated workforce, relatively low corporate tax rate and strong academic institutions, and a market of ventu...

Posted in: Incubators/Accelerators | Funding

Insights StartupSource
Local Startup Program Attracts Global Talent By Lynn Tay Jul 10, 2017 Startup Source has covered the potential impact of Trump’s presidency on Canada’s startup space. A Toronto-based investment fund and accelerator, Extreme Venture Partners (EVP), is Canada’s latest to vie for global talent. In an active response to Trump’s travel and immigr...

Posted in: Government Incentives

Insights StartupSource
Canadian Government Launches Innovation Superclusters Initiative Application Process Jun 06, 2017 StartupSource has previously covered the federal government’s Innovation Superclusters Initiative, which promised to inject $950 million into developing innovation “superclusters.” The government defines “superclusters” as geographical regions containing strong industrial clusters, or clusters th...

Posted in: Articles

Insights StartupSource
Big Changes are Coming for Ontario Workplaces! By Meghan A. Cowan and Michael F. Horvat Jun 01, 2017 On May 30, 2017, the Ontario government announced its intention to introduce new workplace legislation, The Fair Workplaces, Better Jobs Act, 2017, which would significantly amend Ontario’s existing Employment Standards Act, 2000 and the Labour Relations Act, 1995.   The proposed legis...

Posted in: Government Incentives

Insights StartupSource
Ontario Launches Program Aimed at Increasing Competitiveness of Home-Grown Talent May 25, 2017 Previously, StartupSource has covered the Government of Canada’s Global Skills Strategy, aimed at streamlining and accelerating access to global talent. Now the Ontario provincial government is following the federal government’s lead by helping accelerate the development of high-growth Canadian c...

Posted in: StartupSource Categories | Practical Tips

Insights StartupSource
Dealing with the Difficult Employee By Lorenzo Lisi May 18, 2017 All organizations have to deal with the “difficult” employee. With enough knowledge of the law to be dangerous, this employee seems to know all the right buttons to push and takes up a considerable amount of time and resources to manage. This article provides some important tips to remember on ho...

Posted in: News | StartupSource Categories

Insights StartupSource
A “Trump Dividend” for Canadian Tech? May 11, 2017 We’ve written in this space about the potential implications of a Trump presidency for Canada’s startup ecosystem. With Trump’s first 100 days in the rear-view mirror, a recent New York Times article reviews some of those implications and forecasts a “Trump Dividend” for Canadian artificial intel...

Posted in: StartupSource Categories | Funding | Angel Investors

Insights StartupSource
Canada’s First AngelList Seed Round Closes Apr 27, 2017 We have previously covered the Ontario Securities Commission’s support of AngelList, a well-known investment platform. The OSC granted exemptive relief to AngelList, allowing its syndicated investment model to be used for investments into Canadian startups. Since then, the Canadian Securities Adm...

Posted in: Articles | Anti-Spam

Insights StartupSource
Another Reminder to Comply with CASL: The CRTC Imposes $15,000 Penalty for Non-Compliance Apr 20, 2017 Canada’s Anti-Spam Legislation (“CASL”) creates a comprehensive regime designed to prohibit, among other things, unsolicited or misleading commercial electronic messages (including emails). As previously reported on The Spotlight, on July 1, 2017, CASL will introduce a new ...

Posted in: News

Insights StartupSource
Google Invests in Canadian Artificial Intelligence Talent Apr 05, 2017 Last week, Google announced the opening of a new artificial intelligence lab in Toronto. Concurrently, it announced an investment into the Vector Institute, a public-private institute affiliated with the University of Toronto whose goal is to develop and commercialize both AI talent and new conce...

Posted in: News

Insights StartupSource
2017 Federal Budget Supports Innovation Economy Mar 28, 2017 On March 22nd, the Canadian government unveiled its national budget for 2017. Billed as the "innovation budget," the budget is part of the federal government's Innovation and Skills Plan, a strategy for supporting startups and growth companies across the nation's manufacturing, agri-food, cleante...

Posted in: Startup Event

Insights StartupSource
Complimentary Webinar - Women in Business: Creating a Network of Allies Mar 20, 2017 Approximately 16% of small and medium enterprises in Canada are majority-owned by female entrepreneurs, and approximately 20% are equal partnerships between male and female owners. In our first Women in Business webinar, our panel will discuss some of the unique challenges faced by women in the b...

Posted in: News

Insights StartupSource
Global Skills Strategy Launches in June Mar 14, 2017 StartupSource has covered the Government of Canada's Global Skills Strategy in this space. The Global Skills Strategy is an initiative designed to help high-growth Canadian companies attract specialized global talent by providing a faster and more predictable streamlined service.The Government ha...

Posted in: News

Insights StartupSource
New Canadian Business Growth Fund Mar 10, 2017 Startups and growth companies have a new ally in the push for long-term success: the recently-announced Canadian Business Growth Fund. The fund's mandate is to make investments in small and medium-sized Canadian companies "seeking long-term, patient minority capital."Initial participants include ...

Posted in: Articles

Insights StartupSource
Voting Trusts: Think Ahead Mar 02, 2017 In the early stages of a startup, founders often issue equity to friends, family members and other investors to acquire initial working capital and to engage key employees at a low-cost basis.When issuing equity in the early stages of a startup, it is important for founders to consider issues tha...

Posted in: News

Insights StartupSource
Harsh Words for Canadian Tax Treatment of Stock Options Feb 10, 2017 The Globe and Mail recently published a provocative article on the tax treatment of stock options in Canada. In this opinion piece, Anthony Mouchantaf, the co-founder and president of Toronto startup Rthm Technologies Inc., argues that Canada's tax regime for stock options is outdated and works a...

Posted in: Articles

Insights StartupSource
So Many Options: An Overview of Equity Compensation and Incentives Feb 10, 2017 This article examines common forms of equity compensation, specifically option plans, restricted share unit ("RSU") plans and deferred share unit ("DSU") plans. These plans use a company's equity to compensate and incentivize employees. Each type of plan involves the issuance of new shares or the...

Posted in: News

Insights StartupSource
Incubating Canada's Next Fashion Leaders Feb 07, 2017 From being an active participant in Startup Fashion Week, we have gotten to know many of Ontario's fashion innovators. We are consistently blown away by the breadth of their talent and creativity.The Joe Fresh Centre for Fashion Innovation at Ryerson University's Fashion Zone is now accepting app...

Posted in: Startup Event

Insights StartupSource
Recap of Top 10 Intellectual Property Mistakes Feb 01, 2017 On January 26, Aird & Berlis LLP's Startups Team hosted a panel of intellectual property experts who examined the top ten most common intellectual property mistakes made by startups. The panel consisted of Tim Lowman and Ken Clark from Aird & Berlis LLP and Kitt Sinden from Aird & McB...

Posted in: News

Insights StartupSource
An Open Letter from Canadian Tech Jan 31, 2017 In response to recent world events, over 2,000 members of the Canadian tech community - and counting - have published an open letter voicing support for more inclusive immigration policies. Its signatories "stand directly opposed to any and all laws that undermine or attack inclusion, and call on...

Posted in: News

Insights StartupSource
York Entrepreneurship Development Institute Taking Applications Jan 24, 2017 The York Entrepreneurship Development Institute ("YEDI"), an incubator and accelerator associated with York University, is now taking applications from early-stage startups for its four-month program. YEDI offers a number of program streams for various types of startups, including an "Internation...

Posted in: News

Insights StartupSource
Cybersecurity - Ontario's Next Big Startup Cluster? Jan 19, 2017 A recent report from Deloitte, commissioned by the Ontario Centres of Excellence (OCE) and the Toronto Financial Services Alliance (TFSA), suggests that Southern Ontario is perfectly positioned to become a global hub for cybersecurity startups.The current market for cybersecurity products is esti...
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