Actions and Detail Panel
MaRS Fall Intensive - October 5, 2016 to November 25, 2016
Wed, Oct 5, 2016, 8:30 AM
Sales Have Ended
Sales Have Ended
Get tools, peer feedback and mentoring from experienced entrepreneurs to help as you roll up your sleeves and develop strategic components for your business.
Our intensive program runs weekly on Wednesdays in October and Fridays in November from 9:00 a.m.- 1:00 p.m., from October 5 until November 25, 2016. Doors open at 8:30 a.m. for networking and coffee, and the workshop starts promptly at 9:00 a.m.
It is a great opportunity for highly motivated entrepreneurs to take their startup to the next level!
EARLY BIRD DEADLINE: September 21, 2016
Please note: There are only 30 spaces in this program. The final application deadline is September 30, 2016. Should you apply before September 21 at 5:00 p.m. you will hear about your application status by September 28. If you apply after September 30, you will hear from the Entrepreneurship Education Team no later than October 3, 2016.
How to Apply
Step 1: Click 'Order Now' and fill out the application by the deadline of September 30, 2016. A fee of $250 will be required from each participant. Early bird pricing of $199 until September 21, 2016.
Step 2: Should you apply before September 21 at 5:00 p.m. you will hear about your application status by September 28, 2016. Should you wish to apply after September 21 you will hear from the Entrepreneurship Education Team no later than October 3, 2016. Those who were not selected will have their deposits fully refunded.
Selection Criteria and Eligibility
To be eligible for the Fall Intensive program your venture must:
1. Be an early-stage innovative company that fits in one of three sectors:
- Information & Communications Technology
2. Be looking to deploy an innovative technology. To see how we define “innovative,” here are some examples of ventures we work with.
3. Not be a service provider (e.g. consultants, CROs, SR&ED agents)
Our selction criteria is determined by:
- Stage of venture
- Commitment of entrepreneurs
- Fit with MaRS mission
- Innovativeness of startup
Starting Lean: Value Proposition
Session 1 – Preparing to leave the building (October 5, 2016 // 9:00am-1:00pm in CR3)
Establish a process to clarify and test key assumptions you have about your business and lower your ventures overall risk.
Deliverable: Overview of the Lean Startup approach and a tested interview guide based on the venture’s most important foundational assumptions.
Session 2 – Determining your value proposition (October 12, 2016 // 9:00am-1:00pm in CR3)
Use data obtained from customer interviews to synthesize customer feedback into a value proposition.
Deliverable: A framework and template for determining your value proposition.
Starting Lean: Business Model
Session 1 – Designing your business model (October 19, 2016 // 9:00am-1:00pm in CR2)
Use your value proposition to test your business model for sustainability and growth.
Deliverable: A business model designed around the participant’s value proposition.
Session 2 – Validating your business model (October 26, 2016 // 9:00am-1:00pm in CR3)
Analyze external factors and test your business model for sustainability and growth.
Deliverable: A framework for validating your business model that analyzes external forces and key business model metrics.
Session 1 – Preparing your business forecast (November 4, 2016 // 9:00am-1:00pm in CR3)
In this session, we help entrepreneurs understand the basics of financial statements, management reporting and how to build a detailed cash flow forecast to be used in making day-to-day business decisions around growth.
Deliverable: Expense budget template for your business.
Session 2 – Understanding revenue forecasting, funding and business valuation (November 11, 2016 // 9:00am-1:00pm in CR3)
In the second session, we will use your cash flow forecast and add revenue estimates by taking you through inputs such as pricing, sales funnel and revenue types resulting in a complete cash flow forecasting model you can use in your business. Entrepreneurs will also learn the basic concepts surrounding different types of business valuations and the inputs and factors that impact valuation from an investor perspective.
Deliverable: Revenue cash-flow template for your business.
Session 3 - Business Valuation and Tutorial Session (November 18, 2016 // 9:00am-1:00pm in CR3)
First half: Outline basic concepts surrounding different types of business valuations, and the inputs and factors that impact valuation from an investor perspective.
Second half: Working session/finance lab.
Deliverable: Basic complete 12-month cash flow forecast for your business.
Session 1 - Leadership (November 25, 2016 // 9:00am- 1:00pm in CR3)
This workshop will help you become more conscious of how you employ your natural leadership style. It will enable you to become more mindful and deliberate in your personal interactions with your team and help you deal with a variety of entrepreneurial challenges more effectively.
Deliverable: A framework to create interview questions for prospective partners as you build your leadership team.
For each session, networking begins at 8:30 am and instruction begins at 9:00 am.
Cost of Workshops
While the program is valued at $3,720, the fee for Entrepreneur’s Toolkit Workshops - Intensive Program is $250. It is open to all entrepreneurs with a specific project or business.
As this intensive program is customized for entrepreneurs, we do not encourage consultants, teachers, advisors or coaches to attend.
All participants will need to sign a non-disclosure agreement (NDA). For more information, please contact firstname.lastname@example.org.
If you would like more information on our workshop programs or how to become a client of a regional innovation centre, please contact email@example.com.
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