The 2016 Fundica Roadshow is ready to hit Montreal to offer prospective entrepreneurs some enviable prizes.
The Roadshow is back in its third consecutive year, and offers winners in ten Canadian cities three months office space in San Francisco, flights to and from Silicon Valley to pitch investors, a Cloud hosting package from CANARIE & SoftLayer and one year free Quickbooks online from Intuit, along with other prizes.
Montreal’s date comes next Tuesday, March 29th. Thus far, Fundica has already completed tour dates in Ottawa, Toronto and Halifax. Still to come are four dates in the west coast, Waterloo, a second date for Toronto and Montreal each, as well as a Grand Finale in San Francisco.
The Fundica Roadshow is an educational event designed to educate, inspire, and fund entrepreneurs across Canada.
“We select up to 20 technology based companies to pitch to a panel of investors throughout the day and we also provide educational RoadTalks or fireside chats to our attendees,” said Fundica CEO Mike Lee.
Fundica will look to build on the success of an impressive 2015 Roadshow in which about one-third of entrepreneurs found funding, while 37 per cent found funding candidates. These numbers came courtesy of surveys done by Fundica. The Fundica team travelled 20,019 km in 25 days, across 11 cities. 144 pitchers, 1147 participants and 124 funders took part over the 12-city event.
Central to this year’s Roadshow will be the RoadTalk workshops by various inspirational speakers. A short peruse through Fundica Roadshow’s website shows that this year’s roster of speakers is stacked with well-known techies. Founder Institute Montreal’s Sergio Escobar, InCubes founder Ben Zlotnick, Extreme Venture Partners’ Sunil Sharma, eSAX founder Jerrod Goldsmith and more.
To pitch, entrepreneurs must have a technological component to their business, be incorporated in Canada and in the seed or growth stage with an expected revenue growth of over 50 per cent.