Client Update: IFTech on CBC Dragons’ Den

Father and son duo Michael Stanfield and Brodie Stanfield are leading the next generation of immersive gaming. IFTech’s first product, ARAIG is a high-tech, multi-sensory wearable gaming suit. Whether it is for gaming, training, virtual reality, augmented awareness or another market entirely, ARAIG delivers the most cutting-edge technology to its users.

Michael & Brodie appeared on the February 25th episode of CBC’s Dragons’ Den to pitch their ARAIG suit to the panel of dragons’.

We are very excited to share that the IFTech team walked away with a $500,000 for 25% deal with Dragon Manjit Minhas!

Check out the episode below:

Prepare For The Den: Pitch Workshop – Feb 24

Getting Your Pitch Ready for the Den

DragonsDenWorkshopBanner

Dragons’ Den auditions are returning to Oshawa on March 1st. Learn from our expert who has helped many startup companies and entrepreneurs successfully appear on Dragons’ Den, Digital Den and other major pitch competitions.

This workshop will be useful for anyone looking for information on how to deliver a better investment pitch. The difference between a great pitch and a poor pitch can change your companies’ future!

We are holding two workshops on February 24th! 12:00pm – 1:30pm and 6:00pm – 7:30pm at Core 21 (21 Simcoe St S, Oshawa)

REGISTER HERE

What You Will Learn:

  • The 8 key components of an investment pitch
  • The difference between pitching to investors and TV producers
  • The importance of content and delivery
  • What questions will the dragons ask
  • How to deal with presentation anxiety
  • How to make it a pitch the dragons will remember

About the Presenter:
Robert J. Weese is an author, speaker, business coach, entrepreneur and advisor at Spark Centre. A former broadcaster turned sales professional Bob has worked with Spark Centre clients to helped them hone their investment pitches. Spark Clients have received funding from major Canadian Pitch Competitions, Angel Investors, launched successful KickStarter campaigns, and appeared on the TV shows Dragons’ Den and Digital Den.

Learn more about the hosts:

Spark Centre

BACD

FastStart Durham College

UOIT Brilliant Entrepreneurship

Client Update: NPS releases iOS and Android app!

Download National ProStaff app TODAY!

Spark Centre client, National ProStaff has officially launched their new app!

Available on both iOS and Android, the National ProStaff industry leading app allows users to connect with thousands of anglers. Users can browse over half a million fishing products in the gear section and use the location pages to discover over 50,000 new places to fish.

Nationaprostaff.com just surpassed over 100,000 users and is currently working with over 1,000 brands.

The NPS team also launched a new referral rewards program within the app, where members can refer friends to earn points that can be used to get free fishing gear!

Download the free app HERE today and help support a Durham Region startup.

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Client Update: Zambah partners with Mau5trap

Spark Centre client, Zambah is pleased to announce a new partnership with deadmau5 founded record label, mau5trap. The two companies are collaborating on a series of playlists that will bring attention to new and emerging music.

mau5trap will be utilizing Zambah’s streamlined submission process that allows undiscovered or independent artists from anywhere in the world to directly submit music to influential people and brands through their ‘Tastemakers’ feature. For the next few months, mau5trap will use this feature to accept song submissions for multiple playlists they will create on the platform. All songs submitted will be considered for these playlists and artists must visit mau5trap.zambah.com to apply.

“We’re really excited to be working with mau5trap on this initiative to bring more awareness to new and emerging artists that need more shine on their work. We can’t wait to share their finished playlist with music fans all over the world.” – Ken Asafo, co-founder of Zambah

Industry influencers including araabMUZIK, Arius, UZ, Lucky Date, Breathe Carolina​ and many more have participated in this new initiative to feature emerging music on more playlists. Artists looking to submit tracks to mau5trap must have a “Pro” subscription to be eligible to submit. For more information about Zambah’s “Pro” subscription priced at $7/month, please visit: zambah.com/pro

About Zambah: Zambah is a social music discovery and streaming platform. The platform focuses on the discovery and curation of emerging audio content by delivering great tools that help artists gain new listeners and fans. Zambah also offers artists the opportunity to spread their music to a desired audience by allowing them to submit music to influential public figures and brands, aka ‘Tastemakers’. www.zambah.com

Client Feature: WAI Products Ltd

The Spark Centre wishes to recognize the Haliburton County Development Corporation (HCDC) in providing support through the Eastern Ontario Development Program and for advisory services provided to WAI Products Ltd.

by Brandi Hewson, Founder & CEO, WAI Products Ltd.

Over the past 2 years WAI Products Ltd has been very fortunate to work with Spark Centre and a few incredible advisors who’ve helped shape our business into a more stable, structured, profitable and opportunistic company.

Spark in partnership with BDO, specifically helped WAI re-structure our back-end systems and processes enabling WAI to evaluate the gaps and make necessary changes. From inventory control measures, product profitability factors, accounting practices, cash flow forecasting and P&L analysis – the list goes on! The insight and expertise gained from Dennis Croft and Brion Hendry have enabled WAI to make insurmountable gains and stability on all fronts and have set us on the continued path to scale efficiently and profitably to the next level.

Dennis brought a wealth of knowledge, expertise, commitment and foresight. Dennis had a personal yet very structured professional approach; learning about what makes WAI who we are, our challenges, our strengths, our opportunities and taking from that deciding and implementing the best practices to ensure we continue to climb and make our mark resulting in exactly what we set out to be. Dennis’s strength on the financial side of our business taught me and WAI how to be financially more proactive and aware, implementing a monthly and weekly cash flow analysis allowing us to be more proactive and forward thinking enabling me with the help of BDO to make the best financial decisions possible.

In my young 6 years of business I’ve learned to listen, evaluate and even challenge the advice offered to ensure I’m making the most informed, strategic decisions to better my company. Much of the ability to do so has come from the guidance received from Spark Centre and the incredible support offered. I consider myself and WAI Products beyond fortunate to have the opportunity to utilize the vast array of services and the mindful continued support received from Spark. Each day offers a new challenge and a new opportunity, having the ability to analyze each, make a decision, implement and move; these are key factors learned and supported that will always contribute to our success long after the service ends.

As the owner and president of WAI, I am so grateful for the continued support and so grateful for the opportunity to be challenged and build a contributing company with intelligent advice and partnership of Spark Centre.

“Whenever you see a successful business, someone once made a courageous decision.” – Peter Drucker

Spark Innovation Centre Announces New President & CEO

Durham Region, ON (November 29, 2016) – Spark Innovation Centre is pleased to announce the appointment of Sherry Colbourne as the organization’s new President and Chief Executive Officer (CEO), effective January 3, 2017.

Sherry is a Canadian entrepreneur who has recently returned to Ontario from a four-year entrepreneurial sabbatical in the Middle East. During her time there she co-founded Startup Oman, which has become the hub of Oman’s entrepreneurial ecosystem, focused specifically on high-impact entrepreneurs.

Prior to founding Startup Oman, Sherry was co-founder and CEO of Ladybug Teknologies, a social technology company that developed innovative breath-screening solutions. Sherry’s energy and love of technology was seeded early in her 25-year career in the Canadian high tech sector where she worked for some of Canada’s leading technology innovators including Leigh Instruments, Com Dev, Diemaco, DspFactory and Certicom.

“We are very pleased to be welcoming Sherry to the Spark Centre team,” said Kathy Weiss, Chair of Spark Innovation Centre Board of Directors. “We know her experience and passion for entrepreneurship and innovation as well as managing community networks and relationships at all levels will be of tremendous value to Spark Centre.”

“I am delighted to be joining Spark Centre and to become part of the continued progress it is making throughout Durham Region in fostering entrepreneurial innovation,” said Sherry Colbourne.

About Spark Innovation Centre: Spark Commercialization and Innovation Centre is one of eighteen not-for-profit Regional Innovation Centres (RICs) that form part of the Ontario Network of Entrepreneurs (ONE). The centre works to improve competitiveness and visibility of Durham Region and Northumberland County as a world-class innovation cluster. For more information on Spark Centre, please visit www.sparkcentre.org

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Media Contact:
Amanda Reynolds
Communications Specialist, Spark Innovation Centre
areynolds@sparkcentre.org
905-432-3999 x 122

Raising Funding Panel – January 12

We are very excited to welcome a panel of representatives from four different organizations to highlight some of the funding available to entrepreneurs in Ontario!

This workshop is a great opportunity for you to learn about the various funding available and how to apply. It is also a networking opportunity for you to connect with the representatives from these organizations.

January 12th, 4:00pm – 6:30pm
Spark Centre – 21 Simcoe St S, Oshawa
REGISTER HERE

Dash MD & Hexyoo Scientific Announced as Winners of Ignite 2016!

Spark Innovation Centre is pleased to announce Dash MD as the Young Entrepreneur winner and Hexyoo Scientific as the General Entrepreneur winner of the 2016 Ignite Competition. Both companies have taken the top prize of $25,000 each.

Dash MD are the creators of a mobile app that helps patients track, manage, and find the care they need once they’ve left the hospital. Their goal is to provide patients with the tools and resources they need to successfully traverse their road to recovery.

Hexyoo Scientific are the creators of a proprietary gel based pressure ulcer pad for use in a hospital setting. The gel pad, placed over a mattress has embedded sensors to help healthcare providers with the treatment and prevention of pressure ulcers.

“We’re so grateful for this opportunity that has been given to us by Durham Region generally and by Spark Centre specifically,” said Zack Fisch, CEO of Dash MD. “These funds and the support that comes with them will be put towards helping patients across Ontario, and beyond.”

“The team is honoured and excited to receive this award”, said Bob Macmillan, President of Hexyoo Scientific Inc. “Hexyoo’s vision and venture has been validated by the recognition of the Ignite 2016 process and the support received by Sparks Centre staff. We are committed to this venture, the product, and look forward to the next chapter in our journey.”         

Along with the $25,000 prize, these two companies will be given free office space in Spark Centre’s head office The Loft, located in Oshawa, and will also join Spark Centre’s Thrive Accelerator Program which offers significant advisory and business support services to achieve a faster market entry.

Business Finance & Business Banking Workshop

Join us at our upcoming Business Finance & Business Banking Workshop
November 16th
3:30pm – 6:00pm
Spark Centre (1st Floor)
21 Simcoe Street South, Oshawa

This workshop will go over how to set up the internal financial reporting structure of your business and stay on top of your corporate filing requirements. From the initial opening of the company bank account, set up of internal controls to filing your corporate tax returns, this will be an open forum to answer questions you have as to how to best structure the backbone of your business.