Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Entrepreneurs, Start-ups, Small Businesses
Small Businesses Can Make Impactful Events with the Right Equipment
Jul 19, 2024
Image: Pexels/Roman Pohorecki
We live in a world of dazzling technology where one single computer, used the right way, can launch a business or start a global conversation. The online digital world is a dynamic place.
However, modern audio-visual equipment can make the offline world just as exciting, too! Thankfully, the right equipment can empower smaller organizations to throw unforgettable events that stay with attendees long after they’re over.
Please read on to learn more.
Lighting Matters
When an event is lit properly, guests feel more at ease and even excited by being present. The right type of lighting elevates their mood and makes an event feel significant.
Leaders like Toronto Audio Visual Rentals offer all the choices you could ever need, from LED lighting, colourful wall washes, podium spotlights, and an array of options to pump up any dance floor. Whether your event is a staid affair where speakers host a question-and-answer session or a fun, laid-back networking event with drinks, the lighting really sets the mood.
Sound is More Than Just Hearing
Like lighting, sound quality also matters more than you may think. There’s a difference between hearing a speech or music and hearing it. The words need to be discernible and clear to everybody in the room, while music should be properly balanced so the low and high end are just as prominent as mid-range sounds.
At the same time, the volume shouldn’t drown out conversation or dominate the room. Most people at the helm of a business or organization aren’t sound engineers, so leading rental suppliers also provide expert consulting that matches your needs in your event’s specific space.
When the purpose matches the room’s acoustics, it’ll feel like there’s a wind in your event’s sails pushing the night forward.
Livestreaming
One of the wonders of modern technology is how it instantaneously connects people who aren’t in the same room or even in the same country. Some events involve speakers who are overseas or at least too far away to attend the event itself.
If your event needs livestreaming or virtual functionality, you need equipment that ensures it’s reliable. Livestreaming technology can feel magical, but only when it works smoothly.
Set Up and Take Down
Hosting an event keeps anybody busy and consumed. You need to gladhand, welcome people, network, and be mindful of how attendees are enjoying themselves. That’s a large enough task on its own, and you shouldn’t need to concern yourself with mundane tasks like setting up and taking down the equipment.
See: Reverse Crowdfund-gineering: Five Ways to Integrate Events into your Crowdfunding Campaign
The city’s best rental companies can take this entirely off your plate by providing the service themselves. They can also run the equipment during the event itself, so you don’t need to think about who can run a lighting console or ensure the microphones, speakers, and other audio equipment work as they should.
Organizations can run a successful event without having a huge budget, but they need the right equipment and insight. Connect with a leading supplier in your city and your next event will be a hit.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Go Alberta New Equity Crowdfunding Portal Launches
Launch Release | Jul 18, 2024
Image: GO Alberta, Equity crowdfunding portal
A New Equity Crowdfunding Portal Dedicated to Servicing Albertan Small Businesses has Launched
July 17, 2024, Calgary AB - A new equity crowdfunding portal, Go Alberta, has announced it's launch, and is aimed at helping Alberta's small businesses. Throughout the province, small and medium-sized businesses (SMEs) will be able to access a community-driven finance solution. Go Alberta's goal is to empower local companies by introducing them to a variety of investors so they can raise the capital they require to expand and prosper. By democratizing investment options, this platform enables regular Albertans to contribute to and profit from the success of regional businesses.
See: Equity Crowdfunding Demystified: Insights from Wefunder and Equivesto
There are numerous of benefits to raising an equity crowdfunding campaign, such as:
- Offers an innovative and accessible way for companies to obtain capital, particularly those that are having trouble obtaining traditional finance.
- Gives Albertans the opportunity to support via investment the economic development of their local communities.
- Investors benefit when the companies they support develop and succeed, fostering a win-win situation in support of local economies.
Equity Crowdfunding Regulations
In Alberta and across Canada, equity or investment crowdfunding is governed by laws that safeguard investors and encourage SMEs to raise cash responsibly. National Instrument 45-110 (NI 45-110), which describes the Start-Up Crowdfunding Registration and Prospectus Exemptions, is the main regulatory framework.
See: CCA Launch Crowdfunding Genome and Ecosystem Report 2024
Key Provisions of NI 45-110
- Businesses can raise up to CAD 1.5 million within a 12-month period.
- An offering document outlining the company, the securities being issued, and the intended use of the proceeds must be prepared by issuers.
- Accredited investors may contribute up to CAD $25,000 per offering, while non-accredited investors may invest up to CAD $2,500 per offering, with an annual cap of CAD 10,000.
- Crowdfunding portals need to comply with operating guidelines and register with the appropriate provincial securities regulator.
Alberta Considerations
- Local companies may be able to take advantage of certain Alberta-specific local exemptions.
- To maintain accountability and transparency, companies and portals need to comply with all reporting requirements set by the Alberta Securities Commission.
Advocacy for Equity Crowdfunding
Equity crowdfunding provides a crucial option in the present funding environment, when the volume of traditional venture capital funding has decreased. Many prospective SMEs struggle to get the capital they need since traditional venture capital funding frequently favours larger, more established enterprises. Go Alberta fills in this void by:
See: Innovating Crowdfunding with Bitcoin’s Network
- Providing businesses with access to a broader pool of potential investors - a diversification of funding sources.
- Empowering businesses to raise capital independently of the volatile venture capital markets.
- Encouraging a diverse range of businesses, including those in early stages, to innovate and grow with a supportive investor community approach.
Conclusion
Equity crowdfunding is a movement to democratize investment in local communities. By connecting businesses with passionate investors, Go Alberta is paving the way for a more vibrant and resilient local business ecosystem.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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How to Use Influencer Partnerships to Boost Your Business’s Social Media Marketing
Jul 18, 2024
Image: Pixabay/MarieXMartin
The present digital landscape is dominated by social media, with brands vying for attention amid the online competition. A staggering 5.07 billion people—comprising 62.6% of the world's population—were using social media platforms as of May 22nd, 2024, thus encouraging an increasing number of businesses to focus on their social media presence to effectively connect with audiences.
As a result, collaborating with influencers has emerged as a highly effective marketing strategy whereby individuals who have gathered loyal followings can instill trust and engagement essential for your brand’s success. By selecting appropriate influencers to work with, you can boost your overall social media outreach efforts resulting in record-breaking levels of impact.
This article examines the tactical implementation of influencer collaborations to enhance your brand's social media visibility.
Boost Your Followers Before Finding the Right Influencer
Influencer partnerships are a two-way street. While you will certainly look for influencers with a substantial following to reach a wider audience, the influencers themselves will expect the same from your brand. More followers signal that your brand already has something of value, making it a win-win for influencers. They get exposure to your engaged community, and you leverage their reach to skyrocket yours.
Contrary to popular belief, growing the number of followers doesn’t have to be a hassle. For instance, if you’re using Instagram, you can find a reliable growth service that can help with organic social media growth so that your brand can pull its weight in your influencer marketing efforts.
Choosing the Ideal Influencer: Discovering Your Perfect Match
To ensure success in an influencer partnership, the most essential element is selecting the right social media platform and the right influencer. Before engaging, identify your intended audience for social media marketing success. It is essential to comprehend their demographics and interests as well as how they behave online.
Seek out influencers whose content aligns with your brand's values and image. Give preference to people who produce authentic, trustworthy material that resonates well with their audience.
Also, it's crucial to focus on metrics beyond mere follower count. Take a closer look at engagement measures, such as likes, comments, and shares. Seek out influencers who not only initiate discussions but also foster a cohesive community spirit among their followers.
Creating a Win-Win Collaboration: Building Bridges to Benefit Both Parties
After recognizing the ideal influencer, it becomes essential to establish a robust and collaborative relationship. To guarantee that your partnership flourishes, follow these steps:
- Be transparent: Make sure to disclose your objectives and aspirations clearly to the influencer. Explore the type of content you anticipate, the required level of engagement, as well as compensation.
- Encourage creative expression within boundaries: Providing a structured approach but enabling influencers to showcase their authentic selves, guarantees that the content will connect with their followers and come across as sincere.
Also, to ensure everyone is updated and can make necessary adjustments, it's important to uphold open communication channels throughout the campaign, so do your best to welcome collaborative efforts. Keep in mind that you're working together as partners. Engage the influencer right from the planning stage and tap into their perspectives to develop content that genuinely resonates with their followers. Their input can be immensely valuable.
Creating Engaging Influencer Content: A Path to Success
The thrilling phase is next—co-creating captivating content with your partner influencer. By collaborating with the appropriate influencer, you can achieve authentic advocacy which relies on ensuring that their promotion appears genuine. Your brand should blend seamlessly into the influencer’s established style, resulting in real audience engagement.
Diversify your content by experimenting with various formats such as product reviews, tutorials, testimonials, or interactive challenges. Moreover, when creating content, it's important to keep your audience in mind by providing them with something of value. This could be anything from entertainment and education to incentives. The key is to work closely with influencers so that they can seamlessly integrate your brand into their narrative for maximum impact on their followers' experience.
The Enduring Effects of Collaborations With Influencers: Going Beyond Engagement
Establishing enduring relationships with influencers grants your brand a range of benefits that go beyond those achieved from just one campaign. Your brand's visibility and recognition can be significantly enhanced by teaming up with dependable influencers, which exposes it to a specific audience.
The endorsement of your brand by an influencer installs a sense of reliability and genuineness, thereby elevating the credibility quotient in the eyes of potential customers. Furthermore, by serving as brand ambassadors, influencers establish a sense of loyalty towards the brand through consistent positive representation. This fosters devotion among their followers and solidifies your relationship with them.
Image: Pixabay/Pexels
The Final Say
In essence, influencer marketing provides an effective and flexible method to attract new audiences and attain your social media objectives. By emphasizing genuineness, transparent communication, and engaging content that strikes a chord with people's emotions, you can tap into the full power of partnering with influencers.
See: Marketing Tactics to Attract Millennials
It is important to note that this isn't just another promotional technique but rather a chance to create significant relationships with potential clients—one strategy capable of yielding long-term rewards for your brand well beyond the conclusion of any campaign.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Notarization during travel or can a mobile notary perform services aboard a moving vehicle?
Jul 18, 2024
Image: Freepik
Imagine this: you’re on a cross-country train or perhaps sailing on a boat, and you suddenly need a document notarized. Is it even possible? Can a mobile notary come to your rescue in these situations? For those always on the move, this could be a game-changer. If you're curious about how mobile notary services work, check out https://onenotary.us/mobile-notary-service/.
Can a notary keep up with your travels?
When you're constantly on the go, finding a notary can feel like trying to catch a butterfly with a net. But guess what? Mobile notaries are up for the challenge. These pros are like the superheroes of the notary world, coming to your aid whether you're on a train, bus, or boat.
Picture this: You’re on a long train ride, sipping on some lukewarm coffee, and realize you forgot to notarize an important document. Panic sets in. But don’t worry! A mobile notary can meet you at the next stop, hop on the train, and take care of business while you enjoy the scenic route. It’s not just a pipe dream. This is actually happening!
Now, you might wonder, “How does this even work?” It’s simpler than you think. Mobile notaries are equipped to handle various environments. Whether the ground beneath them is steady or rolling, they can get your documents notarized without a hitch.
Why mobile notaries are ideal for travelers
Flexibility
They come to you, no matter where you are.
Convenience
Saves you the hassle of finding a notary office.
Speed
Quick response times, even in unconventional settings.
Reliability
Professional and dependable, ensuring your documents are in safe hands.
These benefits make mobile notaries a fantastic option for anyone with a travel-heavy lifestyle. They bridge the gap between you and your notarization needs, ensuring you’re never caught off guard.
Hurdles and solutions
However, notarizing documents in motion isn't without its challenges. One key issue is the constant movement. A moving train or a rocking boat can make it tricky to sign documents neatly. Mobile notaries have seen it all, though. They bring all the necessary tools, like clipboards and stabilizers, to ensure your signature stays on the line, not off the page.
Next, there's the question of legalities. Each state has its own rules about where notarization can take place. Luckily, mobile notaries are well-versed in these regulations and know how to handle them. They’ll make sure everything is above board, so you don’t have to worry.
Lastly, let’s talk about connectivity. On a moving train or a boat, Wi-Fi can be as reliable as a paper umbrella in a storm. But fret not. Mobile notaries often carry portable Wi-Fi hotspots to ensure they can access all the necessary online tools and databases. So even if you're in the middle of nowhere, your notary’s got it covered.
Welcoming the notary revolution
The world is changing, and so is the way we get things done. Mobile notaries are leading the charge, proving that notarization can happen anywhere, anytime. Whether you're on a bustling train, a bumpy bus, or a boat rocking on the waves, they’re ready to help.
See: Whistleblowers Accuse OpenAI of Illegally Restrictive NDAs
The next time you find yourself in transit with a notarial emergency, remember that a mobile notary is just a call away. They bring their expertise and service to you, wherever you are. It's notarization that keeps up with your pace, ensuring you’re never stuck without the necessary stamps and signatures. Enjoy the future, because mobile notaries are here to make your traveling life easier and more efficient. Safe travels, and happy notarizing!
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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CCA Launch Crowdfunding Genome and Ecosystem Report 2024
Crowdfunding | Release | Jul 11, 2024
Image: CCA Crowdfunding Genome (July 2024)
Innovative tool highlights top U.S. startup ecosystems, revealing key trends and insights
Denver, Colorado, July 11, 2024 - Today, the "Crowdfunding Genome", a visualization tool and ecosystem report, was launched by Crowdfund Capital Advisors (CCA), a global authority in investment crowdfunding research, data, and analysis. This data research highlights the best cities for entrepreneurship and crowdfunding innovation while providing insights into startup ecosystems across the country.
What is the Crowdfunding Genome?
A visualization tool developed by CCA, the Crowdfunding Genome provides access to comprehensive crowdfunding data insights unveiling the inner workings of startup ecosystems. Using sophisticated analytics and exclusive investment crowdfunding data, it evaluates a number of variables that affect and rank startup performance, such as fundraising amounts, investor participation, and entrepreneurial conditions of the sector. The Genome also comes with a complimentary 'Investment Crowdfunding Ecosystem Report 2024' that explores the results.
Phoenix/Scottsdale Tops the List of Best Startup Ecosystems in the USA
According to the Crowdfunding Genome, Phoenix/Scottsdale is currently the nation's top startup ecosystem based on a number of variables contributing to the region's top ranking:
See: Fintech Fridays EP62: The Future of Investment Crowdfunding: Innovations, Data, and Opportunities
- Growth in valuation
- Repeat issuers
- Robust investment climate
- Supportive community
- Innovative spirit
CCA Crowdfunding Genome Phoenix Scottsdale July 2024
Phoenix/Scottsdale entrepreneurs have effectively used crowdsourcing to support their businesses, creating an example that other areas might follow.
- Total capital raised of $32.7 million raised from 97 issuers across 117 deals
- Total checks written of 24,563 (indication of investors)
- Crowdfunding success rate of 71.79%
Sherwood Neiss, Principal at CCA:
"We are thrilled to see Phoenix/Scottsdale recognized as the top startup ecosystem for 2024. This accolade is a testament to the region's vibrant entrepreneurial community and the effectiveness of crowdfunding in driving business growth. It is another proof point that startups need not be located in Silicon Valley to prosper."
CCA Crowdfunding Genome Silicon Valley network
California Recognized as the Best State for Startups
According to the Crowdfunding Genome, California is the ideal state for startups and is still at the forefront of investment and innovation with over $262 million raised from 654 deals across 540 issuers. A total of 248,748 checks written, average size $1,054. Because of its talent concentration, easy access to venture financing, and progressive laws, the state offers an ideal environment for the development of new businesses.
See: Current State of Crowdfunding in Europe 2023 Market Report
"For the 8th consecutive year, California is recognized as the best state for startups," added Neiss. "The state’s ecosystem provides unparalleled opportunities for entrepreneurs to scale and succeed. It is exciting to see the broad application of investment crowdfunding for California entrepreneurs."
Financing Trends
The Crowdfunding Ecosystem 2024 Report reveals several emerging trends in the crowdfunding space:
- Significant rise in investments in the biotechnology sector, reflecting the public's rising interest in advancements in the health and life sciences.
- Also an upward trend in financing for environmentally friendly and sustainable technologies, which reflects the world's growing environmental concern.
See: Innovating Crowdfunding with Bitcoin’s Network
- Technology firms, especially fintech and AI, continue to draw significant investment, a sign of the industry's resiliency and growth potential.
Outlook
The Crowdfunding Genome by the Crowdfund Capital Advisors democratizes access to industry bench-marking information, promoting a more open and effective investing environment. It provides thorough insights into the functioning and potential of startup ecosystems across the United States, enabling investors, entrepreneurs, and policymakers to make well-informed decisions.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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NFX: Start Thinking ‘Service-as-a-Software’
AI | Jul 11, 2024
Image: Freepik (AI assisted)
SMEs will be Turbocharged as we move from 'AI Tools' to 'Guided AI Agents'
We agree with NFXs recent post that using "Guided AI Agents" instead of "AI tools" can automate a large amount of work and advance automation beyond simple job execution to produce efficiencies and specific business outcomes. For the first time ever, there's a technology that can help solve the problem of 'delivering uniqueness at scale', and small-and-medium-enterprises (SMEs) need to take advantage of this momentous opportunity.
1. Automation Potential
“This very moment, we could easily automate away 60% to 70% of the global economy’s work hours with AI.”
- With today's technology, around 50% of all work activities may be automated.
- By 2025, AI will generate 97 million new jobs while replacing 85 million existing ones.
- By 2024, organizations will use hyper-automation technology to reduce operating expenses by 30%.
- SMEs should reduce costs and increase productivity by using AI to automate repetitive processes like compliance checks and customer service.
2. From “Tasks” to “Outcomes”
Guided AI Agents represent a shift in focus from completing tasks to achieving outcomes. This approach enables businesses to measure success based on tangible results rather than the effort spent on individual tasks.
See: Report: Responsible AI Insights and Tips for Investors
“You can measure success in new customers gained, articles placed, deals closed. Outcomes.”
- Marketing with AI increases conversion rates by 20% and customer satisfaction by 10%.
- According to the Small Business Council, 93% of SMBs concur that AI is increasing profitability and saving them money.
- Small businesses should provide AI services with the goal of producing quantifiable business results, making sure that fintech solutions complement the expansion goals of SMBs.
3. Delivering Uniqueness at Scale
SMBs have a variety of demands, and guided AI agents can meet those needs by offering customized solutions at scale. With the help of AI, small firms may now effectively compete with larger corporations by using AI to complete hard jobs.
“We can finally deliver uniqueness at scale.”
“Now, Guided AI Agents run in the background, requiring no additional time investment from the SMB.”
- Guided AI agents can meets specific and unique requirements of SMEs in conjunction with best practices.
- Provide AI-powered financial process management solutions that handle everything 'holistically' from payroll to invoicing, improving user experience and operational effectiveness.
See: Google’s AI Boom Drives 50% Rise in Carbon Emissions
- SMEs should incorporate AI solutions that run on their own, freeing up SMBs to concentrate on their core business operations while the AI takes care of intricate financial responsibilities in the background.
Outlook
The concept of "service-as-a-software" is driving this transformation, emphasizing the shift from traditional human-centric services to automated, scalable software solutions. Guided AI Agents embody this inverted thinking by offering tailored, automated services that can handle complex tasks and deliver specific outcomes without continuous human involvement leading to an increase in productivity.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Boost Your Business with Xero’s Beautiful Business Fund
Funding | Jul 10, 2024
Image: Xero Beautiful Business Fund (website)
Xero's Beautiful Business Fund is back for 2024!
The Xero Beautiful Business Fund initiative is designed to help small businesses flourish, offering over CA$630,000 in funding across various regions, including Canada (excluding Quebec), Australia, New Zealand, Singapore, South Africa, the UK, and the US.
- More than CA$630,000 in total funding available. Prize winners are responsible for any applicable taxes.
- Eligible countries include Canada (excluding Quebec), Australia, New Zealand, Singapore, South Africa, the UK, and the US.
- You must be a Xero small business customers in one of the specified regions with maximum 50 employees.
- Apply by the deadline August 27, 2024
- Winners will be announced at the end of October 2024
Step 1: Choose One or More Categories
For your entry, choose one or more of the following categories. To increase your chances of winning, you can enter all categories:
- 🌿Innovating for Environmental Sustainability --> Tell us how your company is advancing its sustainability initiatives.
- 🤝 Strengthening Community Connection --> Emphasize the contributions and positive impact you're bringing to the community.
See: UK Announces £7.3 Billion to Unlock Green Private Investment
- 🚀 Trailblazing with Technology --> Showcase your creative use of technology to take the lead in your sector.
- 📈 Upskilling for the Future --> Describe the steps you're taking to fill in skill shortages and preparing your team for success in the future.
Step 2: Prepare Your Entry
- Click the ‘Enter Now’ button.
- Complete the entry form. Give a brief overview of your company and the chosen category.
- Make a 90-second film that explains your business objectives and your intentions for the financing. This might be a straightforward phone video that you self-recorded.
Step 3: Submit Your Entry
See: Trudeau Announces $2.4 Billion AI Funding Package
Entries must be submitted by August 27, 2024. Winners will be announced at the end of October 2024.
Prizes and Judging
Entries will be evaluated according to how innovative, significant, and workable your ideas are. Make sure your proposal explains how the financing will help you accomplish your business goals in a straightforward and appealing way. Go here for additional information on the judging details.
- Four winners from each country will receive CA$15,000 each (these are country prizes)
- Four global winners will be selected from the country winners, each receiving an additional CA$40,000 (global prizes)
Spread the Word
This is a fantastic way for Xero to encourage small business innovation with direct funding support while also growing it's customer and fan base.
See: U.S. Expanding Access to Capital Act Boosts Startup Funding
Check out these FAQs for more information, or contact xerobbfund@xero.com.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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