Raising Money(For Startups)

Philippe Telio• 1991-2002 in Startups – Raised over $60M

• 2002-2011 Supporting Startups– 175+ Clients

Before even considering…Hard. Most fail. Takes you away from your day job.

There is money, but only for those that deserve it

1. Network like proFind entrepreneurs like you, Mentors and Influencers

Startup Drinks+++

2. Get warm introductions.

Do not send blind emails

3. Know Who You’re Pitching

hearts minds wallets

4. Pitch

(Get Interest) (Give Details) (Know what you want)

5. You Don’t Know Everythingand that’s OK

What you’ll need

Intro Email (less is more)Elevator PitchPPT Deck (10-slides)1-pager

Then…. Demonstrate an understanding of your market, how you will make money (or create value), and how the investor will make money

✌

Funding Otions

-Loan (you’ll need a biz plan…good luck!)-Grant (Great for < 35. They have budget cycles)-Equity (Long, hard, and you may loose control)

It’s a long up-hill battleAsk anyone who’s done it

If you still want funding

=Significant investments

VENTURE CAPITAL INVESTMENTS IN GREATER MONTREAL

Option 1 - Love Money

Option 2 - Incubators

• Plenty more outside of Montreal (Techstars, YC, 500Startups, SeedCamp…)

1717

85

Option 3 - Angels

1818

Option 4 - Venture Capital

• Start with CLD• SDEVM (Christian Perron is great)• Jeune promoteur• Fondation du maire• Canadian youth business foundation• Canadian Media Fund• Feddev• CNRC – R&D• MDEIE – Vitrine Technologic

Government Option

Mike Lee - www.fundica.com

Ready. Set. Patience.

(Raise more than you need, you won’t want to do it all again next year.)

Philippe Telio

Twitter: @ptelioptelio@embrase.com