StartupSquare Montreal and MTL NewTech

Montreal is a happening place. There’s StartupDrinks. There’s the launch of a new seed fund, Founder Fuel. The announcement of another StartupCamp. There comes two new players: StartupSquare and MontrealNewTech.

StartupSquare

StartupSquare Montreal

StartupSquare is hosting their kick off event on April 13, 2010. The group is made up students at McGill University, Concordia University, HEC Montreal, and other local universities. The goal of the group is to help promote entrepreneurship and commercialization to create growth companies. It is roughly modeled on Aalto Entrepreneurship Society which was started by StartupSquare co-organizer Riku Seppala.

Montreal New Tech

Montreal New Tech

Montreal New Tech is headed by Felipe Coimbra aka TwtFelipe who got some coverage this week by Mark Suster around US immigration policy and the Founder Visa. MTLNewTech is a great example of the evolution of community. It has taken the best part of DemoCamp, Web Innovators Group, TECHCocktail and other events over the past formative years. And it has evolved to help enable, educate and connect local tech entrepreneurs, i.e., it’s Felipe doing the things that help him with 63 Squares and YowTrip!

It is great to see entrepreneurs take responsibility for ensuring that the events and activities they need and want are created. Make sure you check out both of these groups, they are doing great things.

StartupCampMontreal – May 6, 2010

It’s time againg for a road trip to Montreal. Phil Telio and his crew of supporters (John Stokes, Austin Hill and Sylvain Carle) are hosting another must attend startup event in Montreal. The event is shaping up to have 2 components:

  1. Participant-driven Conference – starting at 1pm
  2. Keynote & Pitches – starting at 6pm

Unconference

The participant-driven event, aka the “unconference”, is one of the best parts. The idea is that the schedule is determined by the attendees. There will be technologists, lawyers, funders, marketers, designers and others. The question is what do you want to talk about? NoSQL technologies. Mobile implications for social gaming mechanics. Legals of fund raising in Canada without Section 116. I’ve heard that Dave McClure is planning on doing “an exercise in entrepreneurial improv theatre”. I first saw Half-Baked dot com at ETech’07. It’s an incredibly fun engaging way to learn how to quickly build companies, business models and pitches without the constraints usually imposed by making it your own business.

Keynote & Pitches

The evening event is essential cocktails and pitches. Highlighting the event is Dave McClure’s keynote.

Dave McClure Dave McClure has been geeking out in Silicon Valley for over twenty years as a software developer, entrepreneur, startup advisor, angel investor, blogger, & internet marketing nerd.  Dave currently runs a seed-stage investment program for Founders Fund, and also manages the fbFund REV social incubator.  His passion is helping startups with marketing, product strategy, and startup metrics, and he has been an advisor or investor in more than 40 companies including: Mint.com (acquired by Intuit), SlideShare, Mashery, TeachStreet, KISSmetrics, Simply Hired, Twilio, Bit.ly, UserVoice, and CreditKarma, among others.

Following the keynote there will 5 pitch/presentation/demo spots. Traditionally StartupCampMontreal presentations have been very pitch focused. I think there is an opportunity for a presenter to really rock this venue. Thing about this as a chance to build demand and generate excitement about your startup. It’s a chance to get feedback about a part of your business. Whether that is your fund raising pitch, your product demo, or other. I’d start by looking at TechCrunch50, Demo, and others for inspiration. You want to win the giveway. Trust me you want to win the giveaway.

Giveaway

Geeks on a PlaneThe StartupCampMontreal organizers are giving away a ticket for Geeks on a Plane Asia. What the hell is geeks on a plane? It sounds like a bad movie that stars Samuel Jackson. Playing the role of Samuel Jackson is Dave McClure.  The goal of Geeks on a Plane is a great one. It’s to get you out of your comfort zone. To force entrpreneurs to travel to meet investors, customers, entrepreneurs in other countries, and gain insight and connections that can be used to further your business. It’s a great event in the safety of the company of other geeks like you.

  • Meet startups, geeks, & investors in cities around the world.
  • Learn about trends in internet, mobile, and other tech platforms.
  • Gain insight into local markets, demographics, business models.
  • Meet cool people, new ventures, have fun on planes, trains, buses.

I’m an entreprenur and this sounds AWESOME! How do I win? You need to apply to present at StartupCampMontreal6. One of the presenting companies will be selected to get some mentoring from Dave McClure and a ticket to travel with Geeks on a Plane.

More seed funding for Canada – Founder Fuel gets their first commitment

I first met John Stokes a few years ago when he landed on to the Canadian startup scene and started talking about his new fund Montreal Start-up. In March 2008 they raised a small initial fund which they quickly deployed in to some nice deals in Montreal including Status.net and Whatsnexx.

John and the team, which includes Austin Hill, announced today that they will be taking commitments from the Quebec Government (through Investissement Quebec) at $50 milion, Solidarity Fund QFL, which is investing $33 million, and by FIER Partners, which plans to invest $17 million.

The fund still needs to raise over $8million directly from LPs, which Investissement Quebec seems to think will be a snap and done in 4 months, but I am not so sure. I hope I am proven wrong.

In case any potential LPs are reading this right now, here is my advice: Do this one. Do it because this team is going to do more than just pass the time humming over deals — you will get hustle, an aggressive attitude and a group that understands that Canada needs more hustle and less of the same old.

John and the team are connected and tuned in to the community. Early stage entrepreneurs trust this team and they are the kind of guys who can get your money in to some great opportunities.

Congrats and good luck.