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Basecamp 2020: Hear from the grand prize winners

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Basecamp 2020: Hear from the grand prize winners

It’s been yet another successful summer for aspiring student entrepreneurs in Basecamp, DMZ’s eight-week intensive student incubation program helping rising innovators create tech solutions to tackle some of the world’s most pressing issues. 

It’s also been a summer like never before for Basecamp. This year, due to COVID-19, DMZ transformed the program into a completely virtual format. While Basecamp programming looked a little different than in previous years, the digital structure paved the way for new partnership opportunities with international organizations, allowing the DMZ to host over 40 rising student entrepreneurs from around the globe!

Keep reading to learn more about what made this cohort special, and hear from the winners about their Basecamp experience and what the future holds for their companies.

A 2020 snapshot

Basecamp 2020 received a record-breaking number of applications from high school and university students. Following a competitive application process, 41 student applicants across 26 company teams received acceptance to the program. This year’s cohort represented both high school and university students from several countries around the world – from Canada and the U.S., to Egypt, Syria, and even Japan!

Keeping in line with today’s emerging tech trends, Basecamp companies found themselves exploring a number of diverse and non-traditional industries: medtech, edtech, fintech, cleantech, and more. Teams all shared a common goal: to develop a technology solution that would drive positive impact and address some sort of social, economic or environmental issue that our society is faced with.   

Over eight weeks, teams spent over 160 hours in workshops and with industry mentors to soak in as many new learnings as possible and turn their business idea into a viable startup company. Programming covered everything from problem validation and prototyping, go-to-market strategies, to pitching and storytelling. 

Basecamp finalists

After a jam-packed summer, teams were given the opportunity to present a company pitch to a panel of judges for the chance to take home one of three grand prizes: $5,000 in business grant money and an accounting package from Logan Katz worth up to $13,000. Six finalists were chosen based on having a driven and coachable founding team, a robust business model, a unique market solution, and an effective business presentation, among other determining factors.

The six finalists included: A Friendlier Company, Snowball, ConchShell, Madaki, Project Lightbulb and Anaxa..

Basecamp 2020 grand prize winners

Following the final pitch presentation, the top three companies were selected by a new panel of judges as the Basecamp 2020 winners: ConchShell, A Friendlier Company and Project Lightbulb. Congrats to the winners!

Hear from the winning teams about their Basecamp experience and what the future holds for their companies.

ConchShell
Founders: Jin Schofield and Sarvnaz Alemohammad

ConchShell is a real-time American Sign Language translator that helps the deaf and speech-impaired navigate life independently using a wearable bracelet. The bracelet tracks the user’s actions through sign language and voices a translation out loud for others to hear. 

“ConchShell has developed dramatically since the beginning of the DMZ Basecamp program.  We completed dozens of interviews for customer validation with ASL users, reached out to professionals in the industry, and developed software through DMZ’s various helpful workshops, as well as through connecting with the many amazing and knowledgeable people in DMZ’s Basecamp network. We learned to be bold in our decisions, develop thorough business models and pitches, and make the most of our potential!

In the next year, we intend to complete our first prototype and run, make two iterations of our pilot program, and open limited sales functionality.  We are thankful for the DMZ for all of the guidance and direction we’ve received in the last two months. We could not have done it without the DMZ!” 

– Jin and Sarvnaz, Founders, ConchShell 

A Friendlier Company
Founders: Kayli Dale and Jacqueline Hutchings

A Friendlier Company is creating a smart, centralized reuse system to eliminate single-use food packaging waste. The company gives food service providers reusable takeout containers, and once used, A Friendlier Company handles all reverse logistics, washing, and redistribution for reuse. The containers are lightweight, stackable, and are competitively priced to disposable plastic containers. This zero-waste system generates up to 60% less greenhouse gas emissions than single-use alternatives.

“We’re excited to begin pilots with our reusable takeout system in the Guelph area with prepared meal companies and local restaurants. We have been accepted into Innovation Guelph’s Seeding Our Food Future program which focuses on creating circular economies, like our reuse system. Throughout the fall we will continue expanding and piloting with various food service providers to perfect our reuse system and gain consumer feedback. We are so excited to get started and reduce single-use plastic waste!

Basecamp prepared us to confidently pursue our business full time. The program introduced us to incredible speakers that were experts in fields like marketing, prototyping, personal branding, sales, legal, financing, and pitching. Our biggest takeaway was learning how to tell our story and brand through pitching. We learned that effectively communicating our idea is just as important as the idea itself and is key to our success as a company. The community of young entrepreneurs we worked with was incredibly supportive and inspiring. Thank you DMZ Basecamp!”

– Jacqueline Hutchings and Kayli Dale, Founders, A Friendlier Company

Project Lightbulb
Founder: Colette Benko

Project Lightbulb is a virtual science education that guides students through curriculum outcomes using hands-on experiments that only require paper and materials you will find in the environment. Project Lightbulb believes every child should have access to engaging education that fosters their curiosity and problem-solving skills.

“The next steps for Project Lightbulb will be to continue building our program by developing more experiments so that we are ready to begin piloting in the late fall.

​​​I was very fortunate to meet so many like-minded youth that are working on incredible projects during my time at Basecamp. I am very inspired by my peers and I look forward to working with some in the future. Furthermore, I have learned many important skills and things to take into consideration when building a successful business. Prior to the program, I didn’t realize the importance of having a strong network. Basecamp allowed me to start building that network, learn new skills and continue to grow it as I move forward with Project Lightbulb.”

– Colette Benko, Founder, Project Lightbulb

 

Thank you!


Thank you to our 26 amazing teams who have accomplished so much over a short period of time and who made Basecamp 2020 a huge success. Congratulations on your achievements! We can’t wait to see what the future holds for you.

CanHack: Why young innovators should consider a future in cybersecurity

COVID-19 and the talent shortage in cybersecurity skills

If changes in technology, growing risks of data overload, and increased usage of Cloud platforms have not already overwhelmed organizations’ IT and cybersecurity teams, they certainly will now. 

COVID-19 has forced a large portion of Canadian employers, from government departments to private sector companies, to make a sudden switch to a remote working model (and for some, a permanent switch). The transition to operating in a remote format has brought about new implications for how organizations will maintain cyber safety since employees are now working in absence of companies’ usual security measures (firewalls, safe IT systems, etc.)

Furthermore, it has highlighted the greater need for more cybersecurity skills in the workforce. Talent shortages have long existed in the cybersecurity landscape, and we can only expect these skills gaps to widen even further as the new reality of remote working sets in. 

CanHack 2019
Our solution: CanHack

At the DMZ, it’s our job to not only help startup founders accelerate their business growth but to also empower Canada’s next generation of innovators who aspire to make a real difference. We develop and execute initiatives like CanHack, our student cybersecurity competition organized in partnership with RBC, to promote cyber literacy and to also address digital skills gaps in the labour market.

DMZ is launching CanHack for a third year. Thanks to continued support from RBC, the program will continue to redefine how secondary education engages with cybersecurity skills and will introduce a brand new cohort of high school students to the challenge. As both partners leverage their strengths to break new ground together, the overarching goal will be to encourage more students to think about pursuing a future career in cybersecurity and computer science. This year, instead of the fall of 2020, the program will begin in Spring 2021 to give teachers more time to onboard their students. (continue reading for more details regarding the new 2021 program date).


How CanHack works

CanHack leverages PicoCTF technology, an online open-source computer security platform established by the Carnegie Mellon University Cylab Security & Privacy Institute. This game-based learning experience creates an interactive and engaging experience where students are tasked with addressing cybersecurity challenges faced by Canadian financial institutions.

The competition and program format allow young innovators to be immersed in a fun and stimulating environment where they gain critical computer security skills, work with experts in the cyber field and compete for cash prizes. Best of all? The program is completely virtual and no prior experience in cybersecurity is required to participate. 


CanHack’s accomplishments to date

Since launching in 2018, CanHack has already:

  • Helped over 4000 high school student participants gain valuable knowledge and experience in cybersecurity
  • Worked with 91 schools in 2019, and 76 schools in 2018
  • Distributed $6500 in competition cash prizes to students and $9500 to schools to help integrate more technology into student lives

CanHack 2019 winners of cybersecurity skills competition
What’s to come? CanHack 2021

As partners, DMZ and RBC have forged a number of firsts in the Toronto tech community over the course of this relationship. CanHack 2021 will be a natural next step for this partnership in empowering a stronger, more vibrant cybersecurity landscape within Canada.

“Cybersecurity has become a major and critical element for all organizations with the acceleration of cybercrime, and the evolving threat landscape.  Expansion of digital services driven by the challenges of COVID-19 and need for the mass enablement of a secure remote workforce, cyber skills have become a key resource to nurture and invest in,” said Matthew Tim, VP Cyber Technology Office at RBC. “By partnering with DMZ and sponsoring initiatives like CanHack, RBC is investing in the future of cybersecurity by encouraging greater participation and interest from the young adults in high schools across Canada. We would like to promote greater involvement and interest in cyber as a career to narrow the skills gap.”

In an effort to increase program accessibility Canada-wide (and plan around COVID-19), we’re taking CanHack virtual this year with all workshops and sessions available online for students and teachers to engage with. In coordination with proper health and safety guidelines, we anticipate running in-person and virtual info sessions and workshops in Fall 2020. The CanHack Challenge Launch Event for PicoCTF will then take place in March 2021.

Besides offering programming to students coast to coast, CanHack 2021 will also be special in that DMZ will run female-only workshops on a number of cybersecurity topics to support females in STEAM and work with organizations like Hackergal to inspire and recruit more female participants to the challenge.


Hear from CanHack participants

A student’s perspective

“CanHack 2019 was very enjoyable for me. I got to learn more about cybersecurity and the different specializations within it, and technology in general. The competition gave me a good chance to compete with my friends and it was actually fun to play the game, see the campus of Ryerson as well as the downtown area. During the cyber expo day, I learned a lot about other people’s experiences and why each company was partnered with the event. I learned that as companies move into a more digital world, they need a good cybersecurity foundation, especially since there is more and more criminal activity around the cybersecurity field. I also listened to a 16-year-old entrepreneur and how she is using technology to change the world. Overall, CanHack was a great program to play in and I hope they can continue to do what they do in the future!”

– High school student from Middlefield Collegiate Institute

An educator’s perspective

“For the last two years, Clarkson Secondary School has taken advantage of the amazing opportunity provided by the Ryerson DMZ and RBC to learn about computer securities. This program has become a mandatory component of the computer science courses for students in grades 10 and 11. Prior to taking part in this event, students in my classes would have had very minimal exposure to cybersecurity or even a linux shell; now students get a full two weeks where they are exposed to this content. There is no way that I would have been able to create anything close to the PicoCTF competition on my own, and it is only through the partnership with the Ryerson DMZ and RBC that Clarkson Secondary School students get this experience.

CanHack allows students to develop a set of skills that goes behind technical know-how: teamwork, collaboration and leadership skills. Additionally, students have become significantly more aware of the impact that cybersecurity has on their daily lives. While the obvious benefit is to students who will study computer science and computer engineering once they leave high school, even students who will major in social sciences are now looking at laws and ethics around computer technology and cybersecurity. I want to personally thank the Ryerson DMZ, RBC, and their sponsors for allowing the students at Clarkson Secondary School to take part in this event over the last two years. Students now come into my classes asking when the competition will start every September.”

– Matthew Arduini, Curriculum Head – Mathematics, Computer Science, and Business, Clarkson Secondary School

CanHack 2019 helping youth get cybersecurity skills
With RBC’s diverse support and DMZ’s relevant programming, combined with the growing demand to bolster digital literacy in cybersecurity among Canadian youth, CanHack 2021 will be positioned to be a top challenge in Canada.

For high school educators across Canada who are interested in bringing more cybersecurity education and opportunities for students into their schools, you can learn more about the format of the program by reaching out to us at dmz@torontomu.ca.

For high school students looking to gain knowledge and experience in the areas of cybersecurity and computer science, stay tuned for more information on CanHack 2021!

Organizations that prioritize 2SLGBTQIA+ initiatives throughout Pride Month, and beyond

It’s June – Pride Month – and although this year’s celebrations are inevitably looking a little different due to a worldwide pandemic, that doesn’t change the fact that 2SLGBTQIA+ communities around the globe are coming together virtually to celebrate the freedom they have to be themselves. Both Pride Toronto and Ryerson, among several organizations, have moved annual activities to a digital format.

At the same time, Pride this year also comes at a time where cities around the world are protesting the death of George Floyd, police brutality and systemic racism, reinforcing the connection of both movements and the importance of intersectionality. It serves as a reminder of Pride’s roots of protesting inequalities, and also as a time to acknowledge the historical roles that Black activists played in the fight for gay rights. 

DMZ pride flag

Equity over everything

At the DMZ, our number one value is equity over everything. While diversity in Canada’s tech ecosystem is improving, it has a long way to go. We reinforce our commitment to equity and inclusion by levelling the playing field for diverse founders coming into our programs. Not everyone begins at the same starting line, which is why we provide tailored support to ensure every founder who walks through our doors succeeds – regardless of their sexual orientation, ethnicity, race, gender or ability. 

“At the DMZ, our focus is on the people behind the products and helping them successfully build their business. We recognize the experiences and challenges that 2SLGBTQIA+ entrepreneurs have are unique, meaning those individuals may require different approaches or types of support” explains Vanessa Shiu, DMZ’s Manager of Administration, Diversity & Inclusion. “When we develop our programs and services, our team consistently asks the question, ‘how do we make sure we are being inclusive’ and ‘how can we break down barriers for diverse founders’. Above all, we make sure we listen to our founders’ experiences and their feedback to inform us how we can help with their unique challenges.”

From day one of our programming, we also support our startups in making diversity a priority across all areas of their own business – from recruiting talent to building product offerings. We’re proud to see the value that diversity carries amongst the startups that come through our programs.

Off2Class, a DMZ alumni startup that combines interactive ESL lesson content with the power of a student management system, is a great example:

“Diversity for us is a business imperative. We service clients in 100+ countries. If our workforce wasn’t diverse, we simply wouldn’t be able to scale to the extent we have.” Kris Jagasia, Founder of Off2Class explains. “Our team is made up of newcomers, LGBTQ+ individuals, females, Muslims, Hindus and white males! We also show our dedication to diversity and inclusion by representing diverse individuals on our blog.”

We reached out to our greater community to ask organizations about their ongoing initiatives supporting the 2SLGBTQIA+ community – and not just during Pride month, but also year-round.

The Fasken Pride Network

Fasken, a DMZ Professional-in-Residence (PiR) and full-service law firm with offices in Canada, the U.K., South Africa and China, is committed to diversity in the workplace year-round. Diversity is a key element in the success of the Firm, helping to foster inclusiveness and encouraging innovation. Overseeing this effort is the Firm’s Diversity Committee. In recognition of its importance, the Committee is co-chaired by the Firm Managing Partner.

The Fasken Pride Network was established to encourage internal, client, and prospective client development of 2SLGBTQIA+ inclusion and community development. Fasken openly encourages Firm members, clients, friends and any interested community members to attend and participate. Every June the Firm hosts an award-winning educational and networking event to bring the community together – it’s the highlight of the month, one that everyone looks forward to.

“Diversity and inclusion are our strength, and we welcome talented professionals from all backgrounds, races, origins, beliefs, and orientations to be part of our community,” says Marc Rodrigue, Partner and member of the Pride Network.  “Though we recognize Pride especially in June, with the support of our clients and staff, we support our shared Pride all year.”

Goodmans



In 2015, DMZ PiR
Goodmans was the first major law firm in Canadian history to enter a float in Toronto’s annual Pride Parade, an event witnessed by millions across the country and around the world. As a firm, they’ve never looked back.

Goodmans is committed to showing their True Colours, always.

“Whether it’s showing sector leadership as a founding member of the Law Firm Diversity and Inclusion Network (LFDIN), to upping the ante with the firm’s annual Pride celebrations, throughout the year, Goodmans collective love and support for the LGBTQIA+ community and culture of inclusivity is at the core of everything they do.” – Goodmans

While 2020 plans have now evolved to a virtual experience, Goodmans will be celebrating throughout June with special Pride events that can be accessed by all members of their community, including their families. These Pride events include children’s activities; a Drag Queen story-time and a Pride related science lesson, themed virtual cooking master classes, meet-ups framed within a virtual day in the life of Pride, and unique video initiatives. 

Venture Out

DMZ has partnered with Venture Out (VO) on events and initiatives to celebrate Pride and bring awareness to the tech startup ecosystem. VO is Canada’s largest tech non-profit organization connecting members of the LGBTQ+ community with the expanding technology sector, including entrepreneurs, start-ups, role models, career opportunities, and professionals. 

“VO’s commitment to the LBGTQ+ community means presenting content beyond the sanitized Diversity & Inclusion narrative that often permeates these spaces and exploring more impactful, unignorable topics, such as the intersection of race and class, climate change and surveillance capitalism.” 

The organization’s annual tech conference, which has been a success over the last three years and has grown to attract over 650+ attendees, 45+ sponsors and 10+ community partners, was postponed due to COVID-19. 

VO is participating in several Pride month activities, including:

  • June 22: TechProud – Small Business & Digital Skills Week in collaboration with Google, LinkedIn, and Microsoft | Register here
  • June 26: Pride 2020 – Designing for all: Why Accessibility Matters in collaboration with General Assembly 
  • TBD:  Senior LGBTQ+ Leadership in collaboration with Venture Out’s parent organization, StartProud, and RBC 

Learn more and find out how you can participate here.

Earlier this year, VO also hosted “Let’s Talk Employee Resource Groups” and an LGBTQ+ Career Fest for students and professionals.

Through the eyes of an entrepreneur

Andrew Wells is the CEO of Pinch Financial, a DMZ alumni, tech founder and member of the 2SLGBTQIA+ community – he explains he’s been fortunate to have felt supported by employees, investors and commercial partners throughout his entrepreneurial journey. “There is a strong kinship amongst LGBTQ founders in Toronto as we appreciate the privileges we have are the result of the hard work that was put in by those that came before us. There’s a sense of shared responsibility that comes with this and we do what we can to support one another as a result.” Andrew explains. 

Andrew also explained initiatives that have truly made a positive impact in the community. “When I worked at RBC, we had an incredibly impactful LGBTQ+ Employee Resource Group (ERG). In addition to creating a sense of community and togetherness, the ERG was also responsible for creating awareness throughout the organization of matters that were important to our community.  What made the ERG efficacious was its access to senior leadership. Change within any organization requires top-down leadership, so having the ear of RBC’s c-suites made all the difference.”

Can the DMZ help amplify the diversity and inclusion work your organization is doing? If you’re a partner or DMZ alumni, reach out to us at dmz@torontomu.ca.

Cinchy helps healthcare and financial service industries accelerate response to COVID-19

DMZ alumnus, Cinchy, is using Data Fabric technology to help Canadian banking and healthcare sectors unlock IT efficiencies and address the immediate impacts of COVID-19

Congratulations to the company on their recent announcement of securing $10M in Series A funding to support growing demand for Data Fabric Technology!

Cinchy’s Data Fabric technology is being used to unlock efficiencies so that banks and healthcare providers can deploy real-time solutions with existing or even reduced IT budgets. How can the tech community and public sector work together to accelerate the delivery of new customer and employee solutions without compromising on data privacy? Keep reading to find out.

More applications mean more data silos

Today, there’s an app for everything – meaning there’s also a data silo for everything. Do you ever feel like your business is drowning in complexity? The proliferation of new applications poses huge problems for organizations of all kinds, across all sectors. As explained by Cinchy CEO, Dan DeMers, data integration can easily consume 50% or more of the delivery budget for new solutions. In an IT model where we are constantly doing this, data integration grows more and more complex over time, and this simply isn’t sustainable for organizations. It’s a waste of time and money.

How data should work

So, how does Cinchy’s technology solve this issue for organizations? Cinchy believes there is an inevitable future about how data should work, and it involves shifting to Data Fabric technology.

Cinchy is an enterprise-grade Data Collaboration platform that merges data management, data protection, and data governance capabilities under one umbrella. It is Data Fabric technology that delivers the data management layer, and it is used to connect data from apps, as well as new data created directly in the fabric, to form a sort of internet of data tables. One of the key benefits of this architecture is that it removes the need to make data copies (a.k.a. integrations) when launching new solutions. Instead, data is “linked”, and this process actually gets faster and more efficient as the fabric powers more solutions. Think of the Data Fabric as generating a network effect for IT delivery where more projects translate into faster and cheaper delivery, not rising costs and complexity.

Why has Data Fabric been gaining so much traction recently? The reason is that organizational leaders are being asked to deliver solutions faster than ever before without being given additional budget or headcount. Therefore, they have been searching to find technologies that increase both speed and efficiency while not putting data privacy and protection at risk. As you might guess, the list of software categories capable of delivering all of these outcomes is short; Data Fabric technology has quickly risen to the top of the list.

Connect, protect, collaborate

Society is moving to a future where data owners, whether individuals or businesses, will demand more control over how their data is used. With conventional approaches, data is effectively managed by making a lot of copies, and, once copied, full control is simply no longer possible. All this changes with Cinchy’s Data Fabric design, where data owners (whether employees, customers, or supply chain partners) are able to grant access permission to fellow fabric users to see, change, approve or delete their data. With no copies of data to chase and protect, these controls become universal in nature and can be set all the way down to a single cell of data.

For large, highly-regulated organizations, the fabric acts as the secure, real-time engine for the delivery of unlimited new solutions with embedded data protection. Again, this not only enables secure, cross-team collaborations but actually accelerates and improves the organization’s IT delivery process. That’s the way it should be.

COVID-19: making a difference across industries in the months to come

During this time, organizations need to meet the sudden demand from employees and customers for new solutions to their needs. In the new COVID-19 world, it’s important that organizations not only address these demands quickly but find ways to do so that are hyper-efficient. For Cinchy’s enterprise and public sector customers, their platform supports this incredible challenge and even provides a competitive advantage when business returns to a focus on growth.

Helping Canada’s financial sector do more with less

All areas of financial services heavily rely on data as a key asset in the delivery of their digital transformation strategies: from paperless banking and accelerated loan approvals to remote staff management and increased service personalization.

There is now more data, and more types of data, than ever – making it more difficult to manage. This is where Data Fabric technology will play a key role in helping the financial sector respond quickly to new demands from customers and employees alike. Banks will need to harness data in the most effective way possible to accelerate the delivery of new solutions for remote workers, secure office spaces, and the and fully-digitized customer experiences. Canadian banks can leverage Cinchy and reap the benefits of its Data Fabric design to achieve data centricity and accurate data extraction for successful decision-making. Data Fabric will be the answer to helping the economy bounce back.

Powering secure, real-time healthcare solutions

The ongoing healthcare crisis raises important questions about the use of personally identifying information (PII). For example, should citizen GPS and Bluetooth location data be used to help augment contact tracers in their incredibly important work to track viral transmission and reduce spread? How can the technology community and public sector work together to respond to the current situation and help society be more proactive when addressing future outbreaks?

COVID-19 has highlighted the need for public health agencies to move beyond legacy data management systems based on Data Sharing/Data Integration and explore new approaches such as Data Fabric technology that improve data protection and IT solutions delivery. These new approaches will support the rapid delivery of large scale solutions ranging from augmented contact tracing to intelligent PPE inventory management, front-line worker support, and secure vaccine research collaborations.

Click image to see expanded infographic.

Cinchy’s Healthcare Data Command Centre solution uses Data Collaboration and Data Fabric technologies to help healthcare providers leverage data from sources like legacy healthcare systems, hospital apps and databases, mobile phone apps, laboratory research, third party PPE inventory systems and more. By drawing this data into a central, secure Command Centre where owners retain full control of how their data is used, public health agencies can quickly develop the data models required to deploy the real-time solutions that are so urgently needed in order to address the crisis.

Cinchy believes that it is imperative that public and private stakeholders join forces in order to take advantage of connected Data Fabric design – a made-in-Canada innovation that can be used to help address a global problem without compromising on data privacy or data protection.

Interested in learning how your organization can benefit from Cinchy’s platform? Reach out to the Cinchy team and book a demo here.

DMZ extending a hand to OneEleven based businesses  

Like you, we were saddened to hear yesterday’s news regarding OneEleven’s closure. 

OneEleven has always been a close partner of the DMZ. As an organization, OneEleven helped pave the way for many great startups in this country, and their closure represents a significant loss to Canada’s tech ecosystem.

The DMZ’s priority is to support made in Canada startups. Although this is a challenging time for incubator and accelerator programs, we want to reaffirm to our community that the DMZ is here to stay.

We understand this is a pivotal time for many startups and we’re committed to providing founders from OneEleven with uninterrupted support. So, here’s what we’re doing starting today:

  • Without any need to apply, founders can receive three complimentary mentorship sessions covering any area of business needed from our esteemed entrepreneurs-in-residence and DMZ staff 
  • Should you decide to apply to the DMZ, your application will be expedited
  • If accepted, we will waive fees for the next two months and provide access to all DMZ services. This includes coaching, capital, customers, community and of course, space once offices open back up

Learn more about our program from our founders here. And to learn more about what this could mean for your business, please reach out to Rob from our team. 

We thank OneEleven for all they have done to champion Toronto’s startup community. We hope the team at OneEleven looks back at the great impact they have made in bringing our city’s talent to the global stage.

Sincerely,

Abdullah

DMZWiT: Balance for Better

Today we celebrate women – their strengths, their achievements, their voices.

Women are changing every industry, every political stage and are continuously fighting to create a more gender-balanced world. That said, we make it our everyday mission to champion inclusion, equity and equality. We want to challenge current problematic business norms and help improve the issues women continue to face when it comes to funding, equal pay and professional development.

Our signature Women in Tech speaker series provides a platform for meaningful conversations about what our female entrepreneurs face in their day to day and the necessary steps we need to take as a collective.

Our most recent panel, in partnership with PayPal Canada, featured Althea Wishloff, a Venture Analyst at Panache Ventures, Jamie Rosenblatt, Principal of Golden Ventures, Snita Balsara, Investment Manager at MaRS Discovery District and Investment Manager at StandUP Ventures and moderated by Nancy Sahota, Head of Consumer Segment at PayPal Canada. The discussion was centred around how women can navigate and secure equal funding, how to truly manage work-life balance and how the tech ecosystem can improve their problem with gender parity.

Supporting women is built into our culture, and we’re proud to provide a space for all of our entrepreneurs to connect and support one another. We’re dedicated to delivering on our values – equity over everything and founders first – and look forward to continuing the conversation around equality in business and entrepreneurship.

Happy International Women’s Day to you, your mother’s, sisters, caretakers, colleagues, mentors and every woman who gives you unconditional support!

 

Streamlining patient care with Manny Abraham

Doctors depend on a wide array of systems to provide patient care.

There’s just one problem: none of the them properly talk to each other.

That’s why Manny Abraham created Orbcare Inc., a platform that merges the information doctors use and patients provide, making sense of it all to streamline patient care.

All sorts of similar pain points exist in the medical field and, Abrahams, with over twenty years of experience in the sector, joins BusinessCast host Robert Gold to dive into the exciting fusion of innovation and medicine.

Biotech and healthcare startups are some of the fastest-growing in the world of technology. Investors of every sort are hoping to take a slice of the pie, so much so that healthcare and biotech companies raised over $28 billion in 2018, according to PitchBook.

Abrahams takes us through why it’s such an exciting time for innovation in healthcare and why Canada is uniquely placed to be a major player in the sector.

Expect all that and more in this edition of the BusinessCast Podcast powered by The DMZ.

DMZ Raise Roundup

$4.6 billion. That’s how much Canadian tech companies raised in VC funding in 2018. A record for our country’s thriving sector.

With 2019 well underway, we are already seeing a trail of impressive raises. This week, DMZ startups got a boost with a number of rounds. Here’s the latest on who raised how much, and from whom.

Roofr lands a $4 million seed round

After completing the Y Combinator program, Roofr, a new type of roofing service that uses aerial imagery to provide customers with a free roofing estimate online, announced it raised $4 million led by CrossLink Capital and a line of angel investors.

Currently serving the Bay Area, the entire state of Florida and the province of Ontario, the company plans to use the funding to expand its reach to new marketplaces and has its eyes on the state of Texas. The company will also be growing its engineering, sales and marketing teams.

Photo: Kevin Redman (CTO, Roofr) & Richard Nelson (CEO, Roofr)

NXM raises $7.7 million

NXM Labs Inc., an autonomous security and data integrity company, announced the close of its $CAD7.5 million pre-series A funding led by Cedarpoint investments Inc.

With the IoT industry on track to be one of the fastest moving technology sectors in history, this financing comes at the perfect time. The company will commercialize their award-winning NXM SecureSuite software platform that enables connected devices and systems to manage their own security in order to continue to ward off hackers.

EnergyX raises for further expansion in the U.S.

EnergyX Solutions, an online energy auditing platform, has raised $500,000 from MaRS Investment Accelerator Fund following a $1.3 million raise in August 2018.

Already working with companies like Enbridge, Gas Distribution and CLEAResult, the Toronto-based startup is putting their money towards further expansion in the U.S. where there is a larger market to tap into.

Photo: EnergyX Team @ the DMZ

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