IDEABOOST NETWORK CONNECT
IDEABOOST is pleased to announce a new way for companies to join the IDEABOOST community — IDEABOOST Network Connect — expanding our unique support environment to qualified digital media and entertainment startups beyond the boundaries of the four-month bootcamp. Key benefits to companies that are part of IDEABOOST Network Connect include:
-Networking within the IDEABOOST community
-Training and collaboration events
-Customized company assessment and coaching
-Advisory services to validate businesses and deliver customers
-Business referrals by our mentor and faculty network
-Direct services provided by IDEABOOST program and event partners
-Access to investment and customer networks
IDEABOOST Network Connect participation is provided to qualifying companies without charge. Unlike the IDEABOOST bootcamp, Network Connect does not provide capital, nor is an equity stake required for participation. Entry into the program is based upon application and review by IDEABOOST executives. Companies are accepted on a rolling basis throughout the year. Network Connect companies may vary the intensity of their participation over time, according to their stage of development and goals set with their advisors.
IDEABOOST companies may access a range of services provided without charge by our program partners. Services include legal, brand partnerships, debt financing, coworking space, crowdfunding campaigns, and tax advisory.
Learn more about IDEABOOST Program Partners.
IDEABOOST and the CFC Media Lab partner throughout the year with industry conferences, events and tradeshows as a means to showcase IDEABOOST companies and products in front of key influencer audiences. Event access to date has included: DX3, Banff World Media Festival, Grow, International Startup Festival Montreal, The Canadian Innovation Exchange, Digital Hollywood, Stream Market and SXSW.
The goal of the IDEABOOST Accelerator is to supercharge Canada’s high-growth, high-success global digital media companies. To accomplish this, we begin with a four-month business bootcamp entirely focused upon providing business advisory and other services tailored to qualified startups in the digital media and entertainment industry.
The program provides seed capital in exchange for an equity stake in each startup. Additional in-kind services are also available to each company. Companies selected for this program are required to commit to an intensive and demanding four-month program of customized assessment, in-depth training, mentoring and other activities that are designed to build sustainable companies with validated business models, solid products, clear market strategies, and investor readiness.
The Accelerator program includes:
-Training in business fundamentals and lean startup methods
-Customized assessment and critical path
-High-level mentor devoted to each company
-Pitch deck refinement and iteration and professional pitch coaching
-Financial modeling and capital strategy
-Customer targeting, testing, engagement
-PR, marketing, branding consultation and strategic planning
-Building strategic alliances and partnerships
-Investor preparation and introductions
Companies interested in the Accelerator are encouraged to apply to participate in the IDEABOOST Network Connect program.
Growing a startup takes time and investment capital well beyond a four-month bootcamp. The IDEABOOST Portfolio is comprised of companies that have completed the bootcamp Accelerator and are poised for growth and investment from capital markets.
Companies in the IDEABOOST Portfolio enjoy continued access to the network and services over time as they launch investment campaigns, engage new customers, expand their product offerings and scale their teams.
All IDEABOOST companies that have successfully completed our Accerlator may join the Portfolio phase of IDEABOOST for at least one year. The primary metric for selection is readiness – product, team, financial structure, and market segment. Customized services available to IDEABOOST Portfolio companies include:
-Assistance in preparing and raising capital
-Development of key lighthouse customers
-Creation of strategic partnerships
-Design and operation of commercialization and use-case demonstrations
-Marketing and visibility activities
Selected IDEABOOST Portfolio companies qualify for the IDEABOOST Commercialization Lab, an initiative built by the CFC to build sales and expand their business. Each Lab addresses the particular stage and needs of a given company with programs, for example: to develop sales pipeline, create use cases with key customers, better market their brand and product, increase user base, and/or sell into the international market.
Questions? Write us at firstname.lastname@example.orgWant to know more? Visit www.IDEABOOST.ca