Getting Funding and Financing
June 22 @ 9:30 am - 11:00 am| Free
Looking for funding for your business? Then this is the event for you.
This is your chance to meet local funding organizations and find out what types of funding and programs they offer small business owners. This session will explain the different options available including financing from banks, investors and mentor-connected loans.
- Spark Angel Network
- Futurpreneur Canada
- Pathwise Credit Union
- BDC – Business Development Bank of Canada
- BACD programs and importance of business plans and planning
Spark Angels – Kristen Maramuto
What is the real live version of Dragon’s Den? Well the closest would arguably be the world of Angel investing, where there is a similar pitch format – sharing your business story and raising capital from investors looking to invest in exchange for equity in the company. This session will help shed light on explaining what this capital is involved, and if it’s the right fit for you and your business.
About the presenter:
Born and raised in the Durham, Kristen Marumoto is the General Manager of the Spark Angel Network the realistic version of Dragon’s Den where entrepreneurs seek early-stage capital to help scale their businesses. She has previously worked at a wearable tech start-up in Toronto called PUSH where she was first exposed to start-up culture and entrepreneurship. She found her passion for encouraging and assisting entrepreneurs develop and flourish but wanted to continue this mission locally here in the Durham Region. She stumbled across her regional innovation centre, the Spark Centre, and began working with clients particularly in the earlier stage of development to identify their key challenges and pointing out recommendations to move forward as well as useful resources they should consider. She shortly transitioned to joining the Spark Angel Network to better understand how start-ups experience raising funds specifically within the Angel investor community.
Futurpreneur Canada has been fueling the entrepreneurial passions of Canada’s young enterprise for two decades. Futurpreneur’s programs offer financing, mentoring, and resources for aspiring entrepreneurs aged 18-39.
Pathwise Credit Union
Pathwise Credit Union is a financial service co-operative and has partnered with Business Advisory Centre Durham to offer businesses a free banking account for 6 months among other financial services.
About The Presenters:
David Vink, Commercial Services LeaderI often shared in past that I am an entrepreneur trapped in a bankers’ body but after 10+ years working for the big banks I still need to find a clever tagline to capture that essence. I am passionate about working with businesses of all shapes and sizes and my aim is to both learn from our members but more importantly add value for them and my team. I have experience operating my own businesses in past as well as living and working overseas.
BDC – Business Development Bank of Canada
BDC, the Business Development Bank of Canada and the financial institution devoted to Canadian entrepreneurs. They help create and develop strong Canadian businesses through financing, advisory services and capital, with a focus on small and medium-sized enterprises.
BDC is the financial institution devoted to Canadian entrepreneurs. They help create and develop strong Canadian businesses through financing, advisory services and capital, with a focus on small and medium-sized enterprises.
About The Presenter: Kris Poopalasingam
Kris is a senior account manager with the Business Development Bank of Canada and has been there for more than 3.5 years. Kris has an extensive background in the finance industry. Prior to BDC, Kris was at CIBC for 3.5 years as a small business advisor as well as TD Bank for over 10 years.
Business Advisory Centre Durham Inc.
BACD is 1 of 54 Small Business Centres in Ontario who provide FREE (conditions apply) business support for individuals wanting to start a business, or grow their existing business. Most of BACD’S services are free to you because they are funded by the governments of Ontario and the Region of Durham to encourage economic development and success in Durham Region.
BACD’s ultimate goal is to guide you in gaining the skills, knowledge, tools and resources to run a successful business.
BACD will also explain the types of programs they offer including Starter Company and Digital Main Street).