When it comes to building a scalable business, access to capital is one of the do-or-die factors that can determine how quickly a startup accelerates. You can't invest in growth with money you don't have, and while there's definitely something to be said for bootstrapping a startup in its early pre-validation phases, you'll quickly run into fulfillment issues and growth caps if you start gaining serious traction.
Quite simply, bootstrapping is like a rocket-powered pogo stick. It works for short sprints, and it's perfectly fine for moderate-sized hops over a reasonable distance. But if you try and take off too high or too far, you could suffer the same fate as Wile E. Coyote.
There's a better way to build your startup. It's called raising capital. (Imagine if that crazy coyote had investor funding and could source his roadrunner-hunting tools from a more reputable company than ACME. That's what raising capital does for you.)
So if you're ready to finally catch that roadrunner without having all of your systems and tools blow up in your face, come check out our Startup Founder Hot Seat panel and learn the ins and outs of raising capital from actual startup founders and investors.
At this event, you'll hear from the real-life stories of how startup founders got the cash infusions they needed, how investors vetted their picks, and what you can do to get the capital you need for your startup. We'll also hear about entrepreneurs who chose not to raise capital and how they built successful businesses with their own money.
As always, you'll have an opportunity to ask questions and engage in a meaningful conversation about the merits and perils of both bootstrapping and investor funding. (Because sometimes, the self-funded way is the best.)
When you register for the online Hot Seat you will be sent a URL 24-hours before the start time to join the live zoom call.
To increase the number of technology companies that start and grow in the Okanagan
We do this in two ways:
1. Helping to develop and support a vibrant entrepreneurial, creative and innovative technology community.
Our community ranges from students and aspiring entrepreneurs to startups and early stage companies; as well as established technology companies and the wide range of service providers who are critical to our industry
Our objective is to encourage people to start and grow technology companies!
2. Offering programs that support entrepreneurs and technology companies looking to start, accelerate and grow.
These programs combine elements such as needs assessments, hands on coaching, mentorship, and access to world class expertise - including connections provincially, nationally and internationally.
Our objective is to help entrepreneurs and companies accelerate their growth and maximize their opportunity