Welcome to the fourth annual “Venture Day” hosted by The Next 36. We were invited along with 300 investors, serial entrepreneurs and Canadian business leaders to meet with 23 of Canada’s hottest Startups. I had the pleasure of attending with MAKO’s President, Kevin Mako and Vice President, James Chalmers listen to these Startups compete for external funding. MAKO Invent is proud to be part of the growing entrepreneur industry in Canada and is supportive of programs like The Next 36 and The Next Founders. There was a wide range of businesses created this cohort that solved problems in sectors ranging from energy to health to retail.
Venture Day opened with The Next 36’s Founding Chair, Reza Satchu talking about the importance of entrepreneurship especially amongst youths and the benefits of the program. The Next 36 not only provides up to $65,000 from top venture capitalist and an academic instruction from the world’s top faculty but includes unparalleled support and mentorship from Canada’s top business leaders.
The keynote address was given by Anthony Lacavera who is the Chairman and CEO of Globalive Holdings and Wind Mobile. Lacavera’s keynote speech shared his story about Wind Mobile tackling the big three telecommunications companies and the growing struggles with the industry. He discussed the hardships he faced when first creating Wind Mobile and how his passion to disrupt the industry motivated him even when facing constant litigation.
With 23 of Canada’s Hottest Startups it was extremely difficult to choose but we wanted to highlight 6 Startups from Venture Day.
The Next 36:
Blynk is your digital personal stylist in your pocket. An average personal stylist costs over $100/hour; Blynk replicates this value for free, anytime and anywhere. Blynk’s vision is to provide free and accessible fashion advice to everyone through a simple, fun and addicting platform.
Sensassure is a sensor solution for incontinence management in care facilities. Sensassure improves the quality of care for seniors by alerting nursing staff when brief changes are required.
Onyx Motion is building digital coaches for athletes. Onyx Motion is building a smartwatch that will eliminate the frustration of practice by telling you good you are and how you can get better.
The Next Founders:
OTI Lumionics is developing energy efficient organic light emitting diodes (OLEDs), a new type of light source that is thin, light and flexible. They offer two improved direct drop-in replacement manufacturing technologies, HaloTorr™ and ElektroTorr™, which together can reduce the manufacturing cost of OLEDs by up to 90%. They are building a large scale OLED manufacturing plan and are looking for additional partners.
TLAC is an innovative 2D/3D Design, Digital & Print Publishing technology company. TLAC’s software-application bundles makes 3D Printers “smart” by eliminating steep learning curves.
WHOOSH! is the next generation premier & specific-purpose cleaning products company. WHOOSH! Screen Shine is the only screen and device cleaner that is guaranteed safe for all screens, 100% non-toxic and fingerprint resistant.
That’s a wrap. We can’t wait to be supporting The Next 36 and The Next Founders again next year.
Applications are open for young entrepreneurs who wish to be part of the fifth cohort for The Next 36 in 2015. This year’s early application deadline is September 30.
MAKO Design + Invent is a full-service consumer product development firm servicing both high-growth corporate manufacturers and invention startups. With a 25-person team across 3 offices (Austin, England, Toronto), MAKO has complete in-house industrial design, mechanical engineering, and electrical engineering design and prototyping services. To assist our start-up inventor clients, we also have a subsidiary branch called Mako Invent that, in addition to above, helps start-ups with patenting, strategy, marketing, and sales/distribution for all consumer product categories. For our corporate clients, MAKO Design develops world-class consumer electronics designs through our industrial, mechanical, and electrical design teams.