RIC Centre: Everest Capital Strategy - Oct 22, 2019 (Oct-2019)

Everest: Capital Strategy

Starting to look at raising money? Have your business plan / financial model and identified the need, amount, and timing of your cash requirements?

This Capital Strategy session will help you understand the various types of capital your business may require and identify sources of obtaining this capital. We examine the impact of bringing more owners into the business ("dilution"), key elements of creating more enterprise value and will explore the process and key terms of venture capital financing, convertible debt, and SAFE investments. By the end of the session, you will have a broad understanding of the various stages of the capital lifecycle and assess what type of funding you will look for. You will have the opportunity to test scenarios that may impact your ownership dilution, identify the key milestones for your business, and walk through a sample VC term sheet with the goal of understanding the key aspects that may be important to your business.

Duration: Oct 22, 2019, 9-3pm. A light lunch will be provided.

Who should attend?

• The Everest program consists of advanced working sessions where entrepreneurs have the chance to test their assumptions and hypotheses while working through problems within their startups.
• These startups not only have a prototype/ beta or minimum viable product (MVP), but also have a team, some customer validation, and some traction.
• Please note that to benefit from the peer-to-peer nature of these sessions, all attendees are expected to engage and remain for the full session.
• Note that these sessions are eligible only for clients of Regional Innovation Centres.

*Please bring your laptop with you.

Deposit:

In order to take advantage of Everest, we require participants to give a deposit of $100. This deposit is fully refundable ONLY for Regional Innovation Centre Clients, AND upon completion of the post-session survey following each session within 5 days of the last session. Given the intimate nature of Everest, and because the success of each session relies on the attendance of ventures, we use the deposit to ensure that ventures will attend when they sign up. If you are no longer able to attend the session, we require two business days notice. Please email workshops@marsdd.com. We regret that failure to do so may result in the loss of your deposit.

Tickets

One ticket per venture. You may bring up to one other team member from your venture to the session.