Cultivating Startups

Gary Will

Building world-class startup ecosystems and startup communities

  1. 02/03/2018

    Ep 25: Do tech incubators make sense in small urban areas?

    The Canadian federal budget was delivered on Tuesday and we start the show with a quick look at two items that may not get a lot of attention but may have a big impact on the startup ecosystem. It wasn't said directly, but it looks like the CAIP program will not be renewed next year. It has provided millions of dollars in funding to organizations like Communitech, MaRS, Ryerson DMZ, Invest Ottawa and many others across Canada. IRAP has been a source of funding for some of Canada's top startups, but the government wants to see them supporting larger projects, which will likely mean larger companies as the recipients. We also run through the supercluster winners, announced since the last show. We then take a deeper dive into a planned incubator in Gananoque, Ontario and look at the bigger issues around how small urban and rural areas can reasonably participate in the "startup revolution." The business plan says "The incubator’s success will be predicated on its ability to position itself as a world-class technology incubator"—how plausible is this in a town of 5,200 people with no university or college and very little ICT talent, companies, customers or investors? Links: Gananoque Incubator Feasibility Study [PDF] (Item 7 attachment) RiverLaunch Business Plan [PDF] (Item 11 attachment) Executive Director - Business Incubator [PDF] Budget 2018 [PDF] N100 Evolution RC100 Accelerate Muskoka: Business Acceleration Feasibility and Business Plan Development [PDF] (pages 54-79)

    41 min
  2. 30/01/2018

    Ep 24: Ontario Network of Entrepreneurs: The Expert Review Panel Report

    An expert review panel recently completed a report on the Ontario Network of Entrepreneurs (ONE)—the main program of the Ontario government for providing funding to organizations supporting tech or innovation companies and startup ecosystem. The ONE's Regional Innovation Centres are located in 18 cities across Ontario. And the review panel has recommended big changes: they want the government to become "a strong central authority" in the management of the program and recommend a diminished role for MaRS and for many of the regional organizations at the core of the ONE—many of which would no longer be called regional innovation centres. Communitech and Invest Ottawa would be promoted to Provincial Innovation Centres, and the panel recommends a "significant increase" in the province's funding of innovation programs. On this episode, we dedicate the entire show to a look at the expert review panel report with a focus on some of the more contentious recommendations. The panel humbly suggests that its recommendations will be criticized because they are "disruptive to those vested in the status quo." Well, we have problems with the status quo ... and with some of the review panel's suggestions. On the podcast we discuss why some of the recommendations would be a step backwards for Ontario. Links: Building Global Winners: The Expert Review Panel Report on the ONE [PDF] Statement on the Ontario Network of Entrepreneurs Report (Ontario Ministry of Research, Innovation and Science) Ontario Network of Entrepreneurs Ontario Commercialization Network Review (2009) [PDF]

    51 min
  3. 26/10/2017

    Ep 22: Hot DesQ: Helping Startups Grow in Queensland, Australia with Murray Love and Paul Martyn

    Hot DesQ is a program run by the government of Queensland in Australia through its Advance Queensland initiative to bring startups from around the world to Queensland and get them engaged with the local startup community. Through the program, startups receive $50,000-$100,000 in funding plus space at a coworking site in Queensland of their choice for six months. In return, startups agree to participate in local startup activities and build connections with companies in Queensland, while passing along some of their experience in growing a startup and building startup communities. This week we talk to Murray Love, CEO of Waterloo-based Ark Paradigm—one of three Canadian startups that have been accepted into the Hot DesQ program over its first two rounds. He is currently working out of the Fishburners coworking space in Brisbane. We also talk to Paul Martyn, the Deputy Director-General of Strategy and Innovation with the Queensland Department of Science, Information Technology and Innovation. He talks about what they're looking to achieve with the program and how it runs, including the "network points" startups earn by participating in the Queensland startup community. Links: Hot DesQ Advance Queensland Ark Paradigm Murray Love on LinkedIn Paul Martyn on LinkedIn What’s Hot DesQ Really Like?: FAQs from Someone Who Knows 43North 2017 Finals Qualifying Pitch: Suncayr (YouTube) 43North 2017 Finals Qualifying Pitch: SomaDetect (YouTube) 43North Entrepreneurs take state grants and flee WNY CDMN Soft Landing HQ2, eh? Amazon draws bids from Canadian cities to be online seller's other home

    43 min

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Building world-class startup ecosystems and startup communities