Canadian accelarators failing at producing the next big startup

Interesting story in the Financial Post:

Everyone wants to create the next Facebook, Instagram, or whatever the next big thing is, and a glut of startup incubators and accelerators of every shape and size have cropped up to meet that demand. But some are beginning to wonder if the resulting startups — or even the programs churning them out — are of any use.

Accelarators failing at producing the next big startup | FP Startups | Entrepreneur | Financial Post.


The future of Vernon careers is in technology

Kevin Poole, Vernon’s Director of Economic Development, had a great feature article in the pull-out section of the Vernon Morning Star. Here’s an excerpt:

While it’s long been thought that Vernon’s economy will only prosper if large manufacturers set up shop here, economic development manager Kevin Poole is counting on grassroot, technological start-ups

Kevin goes on to say that “technology is a better fit for [Vernon] in the long run”. Here’s a link to another Morning Star story on tech careers in the area.

Events News

Startup Weekend Okanagan 2013: a review

Dennis Powers has a great rundown of everything that took place this past weekend:

This was the 2nd year for Startup Weekend Okanagan and it continues to grow and get better. Follow along as I witnessed talented entrepreneurs, business professionals, marketers, designers and developers team-up and work together to build businesses in a weekend!

Big thanks to Kazia for organizing everything for “Team Vernon”: she got sponsors to pay for tickets, and secured those hotel rooms so no one would have to drive back and forth.

Click here for full story: Startup Weekend Okanagan: Business Ideas + Teamwork = Opportunity | Digital Okanagan.

Photo credit: dchymko (see the full photo set here)


B.C.s Booming Interior Tech Sector

But clearly something is going on in the Interior, as large technology company buyers are finding budding technology companies grown in places I thought were remote, like Kelowna and Trail. The question is: Have blossoming technology companies in the region put the Interior on the map? Since the Club Penguin sale, the Interior has churned out even more success stories, like Firebird Technologies Inc., a semiconductor company in Trail that sold to 5N Plus Inc. in 2009, and the appropriately named Vineyard Networks Inc. of Kelowna, which sold to California-based Procera Networks Inc. in January for $28 million.

via B.C.s Booming Interior Tech Sector | BCBusiness.


TED Conference Moving To Vancouver, Whistler In 2014

This is huge news for the BC and Canadian tech scenes:

The influential TED Conference is coming to Vancouver starting in 2014, conference organizers and the City of Vancouver announced on Monday morning.

via TED Conference Moving To Vancouver, Whistler In 2014.


Ryan Holmes wins Canadian Entrepreneur of the year


WINNER: Ryan Holmes (HootSuite)

Runners up: Jevon MacDonald (GoInstant), Tobias Lutke (Shopify)

via Announcing the Winners of the 2012 Canadian Startup Awards! –

Events News

Team Vernon To Blow It Up At Startup Weekend Okanagan

vernon sky

Photo: “Building Storms Over Vernon BC ” taken by erwlas

As far as I know, I was the only Vernonite at Startup Weekend Okanagan last year.  And that was not right.

Yes, we are the smaller, yet much better looking, sister to the north of the main hub, Kelowna.  But we are stashing some amazing techie and entrepreneurial talent up here!  There was no reason why there weren’t a few other people from Vernon working away in the scrum that was Startup Weekend Okanagan 2012.

So I made it my mission to get the Startup Weekend word out, and to make it as easy as possible to get Vernon talent to Startup Weekend Okanagan 2013.  Hence, the creation of TEAM VERNON.

Startup Weekend Okanagan

For those who aren’t familiar with the event,  Startup Weekend is a global movement of active entrepreneurs who are learning the basics of creating and launching successful startups. All Startup Weekend events follow the same basic model: anyone is welcome to pitch their startup idea and receive feedback from their peers. Teams organically form around the top ideas (as determined by popular vote) and then it’s a 54 hour frenzy of business model creation, coding, designing, and market validation. The weekend culminates with presentations in front of local entrepreneurial leaders with another opportunity for critical feedback.

Whether entrepreneurs found companies, find a cofounder, meet someone new, or learn a skill far outside their usual 9-to-5, everyone is guaranteed to leave the event better prepared to navigate the chaotic but fun world of startups. And leave very, very inspired.

Startup Weekend Okanagan – Team Vernon

Sponsored by The City Of Vernon and Bold Media/The UPS Store Vernon, we have 6 fully sponsored spots for Vernon attendees.

That’s event tickets, a place to crash and wash up (there are 2 Kelowna hotel rooms available for our team members), and all the event provided food you can handle available at no cost to the 6 members of the Startup Weekend Okanagan Vernon Team.

If you’re a North Okanagan developer/programmer/designer/marketer/
entrepreneur/someone-who-is-curious-about-startup-culture, we would love to have you join us at Startup Weekend Okanagan!

If you’re still not sure, check out the video from last year’s event. You do not want to miss this!



Into hardware hacks? Check out the bicycle barometer

hacks & experiments – @richardjpope.


Canadian startup visa program to launch April 1

“Our new startup visa will help make Canada the destination of choice for the world’s best and brightest to launch their companies,” Mr. Kenney said. “Recruiting dynamic entrepreneurs from around the world will help Canada remain competitive in the global economy.”

via Startup visa program to launch April 1 with participation of CVCA and NACO | FP Startups | Entrepreneur | Financial Post.


The revitalization of the Canadian venture capital sector

So what does all of this mean for Canadian entrepreneurs? It means more local capital to better support the most innovative and promising opportunities across the country. It means giving emerging tech category leaders the resources to grow well beyond $100 million in revenue while remaining in our own backyard. It means having the ability to attract the right foreign co-investors for continued global expansion. It means that the proposed $400-million federal initiative will reinvigorate and further support venture capital in Canada. It means that anyone involved in the entrepreneurial ecosystem in the country should have a smile on their face today!

via Chris Arsenault, iNovia Capital,  The revitalization of the Canadian venture capital sector.