entrepreneurship@UBC Seed Accelerator Fund to invest up to $100K tomorrow night

Posted by Techvibes NewsDesk

Tomorrow five new ventures from the UBC community will pitch to a panel of experts and seasoned investors in the hopes of securing an investment of between $25k and $100k through the entrepreneurship@UBC Seed Accelerator Fund.

The Seed Accelerator is a cornerstone of the entrepreneurship@UBC program, created by UBC to invest in the next generation of entrepreneurs. The program seeks out very early stage business opportunities founded by UBC students, staff, faculty or recent alumni (who have graduated within the past three years) and is a partnership between BCIC, UBC alumni and the University. The Seed Accelerator fund is capitalized with donations from alumni and matching contributions from BCIC.

In September, 39 companies submitted business plans as part of the competition to kick off the initial round of investments. The judging panel, chaired by Haig Farris and comprised of seasoned Venture Capitalists and entrepreneurs, reviewed the submissions and has narrowed down the list to 5 finalists.

Tomorrow night (October 20th) the five finalists will present a summary of their plans to the panel of judges and the audience, and the judges will select one or more companies to which they will make an investment offer. The judges include Haig Farris, Laurie Wallace, Moe Kermani, Steve Hnatiuk, Eric Winsborrow, Don Enns, and Victor Jones.

If you're interested in sitting in on the presentations, the entrepreneurship@UBC runs from 5:30-7:30pm at UBC (Room 222, West Mall Swing Space, 7175 West Mall).

Company:
BCIC
Website:
http://www.bcic.ca
Location:
Vancouver, British Columbia, Canada

BCIC encourages the development and application of advanced or innovative technologies to meet the needs of industry in BC. We accelerate technology commercialization by supporting startups and developing entrepreneurs. With our partners, BCIC delivers programs and initiatives that promote company growth, resulting in jobs, increased revenue and economic development in BC. BCIC is a Crown Agency of the Province of... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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