This article is the last in a series that highlights how to properly go about funding and growing your startup.

If Canadian companies are being encouraged to look outside the country for investment dollars, then it’s important to understand the impact this will have on Canada’s high-tech industry.

A panel of Canadian venture capitalists gathered to speak this week to discuss the gap in understanding between entrepreneurs and investors.

A lack of local funding is forcing Canadian technology startups to seek foreign investors, a new study affirms.

When Wojciech Gryc co-founded data-mining analytics startup Canopy Labs, exiting the market wasn’t on his mind.

“The only time we started thinking about exit was when we were fundraising,” says Gryc, CEO of the Toronto-based company. “We had to convince investors we were worth their time and money.”

This article is the 3rd in a series that highlights how to properly go about funding and growing your startup.

In evaluating US VCs, it’s important to identify whether they hold any Canadian investments, as many firms have criteria about the geographic areas in which they will invest. Chances are that if an established VC has not previously invested in a Canadian company, they are not likely to do so in the near future.