VeloCity Start-up Day – Dec 1, 2009

velocity

We’ve written about the awesomesauce that is VeloCity in the past, and about the Project Exhibition. They have renamed the event Start-up Day. Huge improvement. I’m hoping that the quality of the projects and demos continues to grow. Velocity offers students at Waterloo an opportunity to really see entrepreneurship as a potential career path. Like the cooperative education program, VeloCity is leading here. This is a great opportunity to see the progress of the current crop.

Velocity Start-up Day is a great opportunity to:

  • Connect with VeloCity students displaying current business projects
  • Interact with other UW entrepreneurial students representing their projects at our exhibition
  • Inform students about your company/services
  • Talk to students who may be interested in working for your organization

Startups should be heading for the day to find talent. Funders should be heading to see if there are any opportunities. I’ll be heading there to continue to support my alma mater and this program. 

Details

What: VeloCity Start-up Day
When:Tuesday, December 1, 2009 11:00 AM to 4:00 PM
Where:Student Life Centre
200 University Ave West
Waterloo, ON   Canada

Rogers Ventures

rogers-logo So what’s the story with Rogers Ventures?

Mic Berman announced StartupCampWaterloo(Serious Edition) happening on October 20, 2009 in Waterloo, ON. Jesse Rodgers provided a little more detail about the event on the BarCampWaterloo Google Group:

“Rogers Ventures has started an early stage/seed round investment group. They are looking to make several investments before the end of this year and they have  a strong commitment to fund and support entrepreneurs or post doc researchers who have great ideas and/or innovative technology.

If are looking for funding and would like to pitch the Rogers’ team (Mike Lee, Nyla Ahmad or Jason Zan) and a few other local funders such as Tech Capital.”

We’ve worked with Mike Lee to host DemoCamp Toronto 21 & 22 (an Evening with Yossi Vardi). Rogers Ventures has already demonstrated their ability and willingness to engage with the community. Rogers Ventures continues to reach out and engage with entrepreneurs across the country.

Press Release

Rogers Ventures publically launches on October 15, 2009. Here are the details provided by the consultants and public relations individuals helping Rogers Ventures engage the development community. 

What is Rogers Ventures?

Rogers Ventures is a new source of early stage seed level investment for technology start-ups. We find great talent with powerful ideas and we invest in their business success. We invest our money, leverage, experience and other strategic contributions to get our portfolio companies on the path of accelerated development and market growth.  Another part of the Rogers Ventures’ mandate is supporting the innovation ecosystem by providing direct funding to community programs that help create innovation momentum in this country. 

Is Rogers Ventures a venture capital firm?

We operate a venture-style funding mechanism (we approve investments on a case-by-case basis) but that’s where the similarities end. Our long-term objective is to develop a portfolio of high potential companies that capture the value created through wireline and wireless broadband networks. 

Why was Rogers Ventures created?

We’re living at a time when technology innovation, new online services and shifts in consumer behaviour are being adopted faster than any other time in history. We want to be part of this innovation and the opportunity presenting themselves but realize that we cannot achieve success, as effectively, on our own. Rogers Ventures is our way of looking beyond the walls of Rogers for outside talent and ideas to fund. We believe that this will broaden our innovation horizons and keep us closer to the forefront of next-generation technology. 

How will Rogers Ventures support the high-tech community?

While we see a significant amount of energy and activity within the Canadian innovation landscape, we feel that there are opportunities for support for the Canadian ecosystem to accelerate momentum. We have been working to identify community-level programs or initiatives that require support – either money, a space large enough to hold events, someone to pay for pizza, participation in mentorship, contribution as a speaker, whatever – and we try to make that support happen. We know that our effort is not the total solution. We are contributing our part to build the necessary momentum and are committed to engage.

Who runs Rogers Ventures?

Melinda Rogers, senior vice-president, strategy and development with Rogers Communications, is the executive in charge of Rogers Ventures. On a day-to-day basis, the portfolio is run by Mike Lee, vice-president with Rogers Ventures, and Nyla Ahmad, vice-president, Rogers Ventures Operations.

What are Rogers Ventures portfolio companies?

There are currently three companies within the Rogers Ventures portfolio: Zoocasa,  a vertical search product focused on real estate; Thoora, a next generation news discovery service; and GridCentric, a solution for grid computing. We don’t discuss publically investment levels.

Is Rogers Ventures a part of Rogers Communications?

Rogers Ventures falls within Rogers’ corporate strategy and development group and it is legally part of Rogers Communications Inc. However, it operates as a separate entity on a day-to-day basis.

Additional Team Details

So who are Mike Lee, Nyla Ahmad and Jason Zan and others. We can start to piece together the players from web searches, management profiles of their portfolio companies, and social media tools.

“Mike Lee, Chief Strategy Officer, Rogers Communications Inc.

Michael (Mike) Lee is Chief Strategy Officer for Rogers Communications Inc. Mike is responsible for strategy development, new venture development, and strategic partner management for the Rogers Communications’ group of companies which include Rogers Cable, Rogers Wireless and Rogers Media. Previously, he held the role of Vice President, Strategy and Development for Rogers Cable.” Cable Congress 2009

“Nyla Ahmad, Senior Director, Strategic Partners for Rogers Communications Inc.

Nyla Ahmad is responsible for overseeing and managing key cross-company relationships. This includes managing the Rogers Yahoo! strategic alliance across the entire Rogers group of companies. Previously within Rogers, Ms. Ahmad held roles within Rogers Cable and the Internet division of Rogers Media. As Senior Director of Electronic Channels for Rogers Cable Communications Inc. she was responsible for the product development, online services strategy and customer experience for Rogers Yahoo! Hi-Speed Internet. As Vice President of Excite Canada, she oversaw the development of consumer online content and services across broadband, narrowband and wireless platforms.” 3rd Annual C-COR Global IP Summit – Executive Interviews

“Jason Zan, Co-founder and adviser

Jason was a Sr. Director of Business Development at Rogers Communications Inc. (NYSE:RG), the largest wireless carrier in Canada. Prior to that Jason was Director of Venture Investments at Rogers where he was responsible for managing the company’s private equity investment portfolio. Jason has a HBA from Ivey Business School, University of Western Ontario, Canada.” Tokia > About Management

The team at Rogers also includes for former PlanetEye CEO Butch Langlois, who announced in Jun3 2009 that he was joining Rogers Ventures. Butch has a strong histo
ry with Rogers serving as VP, Finance and Corporate Development in the old Rogers New Media group.

The team has a very strong Rogers flavour. It will be interesting to see if they are able to break free from the corporate culture that tends to lead to “The Innovator’s Dilemma” to identify opportunities. Their current investments in Zoocasa, Thoora and GridCentric show a desire to commercialize research efforts, both Thoora and GridCentric are commercialized out of the University of Toronto projects and teams. Rogers Ventures seems to be making an effort to move beyond their traditional boundaries. 

SmartHippo continues plot for world domination

logo_smarthippo SmartHippo has named the former LendingTeam GM, Lori Collins, CEO. And they are expanding their European footprint through an exclusive license and partnership with Finacialred in Spain. This is definite traction and a step further down the growth path for George and the team in Montreal. A world-class CEO, a expansion into the European marketplace that allows a local entity to do the sales and marketing allowing the team to continue to work on the software platform. Super cool. 

“As General Manager of the LendingTree Exchange, Collins was responsible for sales, relationship management, and product management for the LendingTree lender network. She was part of the executive team which increased revenues from $7 million to $476 million over seven years.”

So what is SmartHippo?

“SmartHippo.com uses the power of community to help consumers find the best mortgage rates and save money. SmartHippo allows any individual to post information and feedback on the rate they received, and to compare rates with other members of the community with similar profiles. Members of SmartHippo can see real rates reported by real consumers, and sort through banks based on feedback posted by other members of the community. “

SmartHippo is an open, transparent marketplace where consumers help each other find the best financial products. Basically all of the those hidden gotchas, the little things that are often hidden in the fine print, that you only discover after a difficult situation. It’s about providing a platform that consumers can ask questions, share reviews, compare rates and experiences to make make informed financial decisions. SmartHippo is the underlying software platform that allows these conversations to take place.

Huge day for SmartHippo. And there is an opportunity for local startups (well local to Montreal) to hear from a Valley veteran running a hot Canadian startup. Lori Collins will be delivering the closing keynote at StartupCamp Montreal on October 15. If you are in the Montreal area, the event takes place at the Society for Arts and Technology, 1195 Saint-Laurent boulevard, Montreal [map] from 6pm to 11pm. Make sure you take the opportunity to participate and meet George, Lori and the team.