May 3, 2012: Show me the money...raising capital for your startup

Show me the money...raising capital for your start-up
Thursday, May 3, 2012
5:15pm - 7:15pm
Membertou Trade & Convention Centre (map)

Capital is the lifeblood of an early-stage company.  A better capitalized company is more able to meet its development objectives, manage its cash flow, and attract people with expertise and market experience to implement its business plan and increase speed to market.  Being undercapitalized has particularly significant repercussions for start-ups - they must perpetually try to raise funds; they are unable to focus on building the business; and they fail to attract and retain top talent.  Our panel will discuss various means of attracting capital to a start-up and share their lessons learned.  Our panel includes:

  • Patricia MacNeil, Coastal Business Opportunities Ltd.
  • Joe Cashin, Enterprise Cape Breton Corporation
  • Ross Finlay, First Angel Network Association
  • Peter Kupovics, RBC Royal Bank
  • Bob Pelley, Innovacorp (moderator)

Join us at the May TecSocial at Membertou Trade & Convention Centre, 50 Maillard Street, Membertou, NS.

TecSocial is a monthly meeting for those with an interest in technology and entrepreneurship. It's free and all are welcome to attend. Appetizers (limited quantities) and door prizes are provided by this month's sponsor, RBC Royal Bank.

Panelist brief biographies:

Patricia MacNeil is the Executive Director of Coastal Business Opportunities Incorporated, a Community Business Development Corporation (CBDC). She serves as the vice-president of the Nova Scotia Association of CBDCs, is an active member of the provincial professional development committee and is a past director of the Pan Canadian Community Futures Network.  Patricia has been an instructor in the CBU Shannon School of Business for twenty-five years and is past-president of its Alumni Association.  She currently serves in a variety of active capacities with various community organizations and boards.

Joe Cashin is the Director General, Commercial Development at Enterprise Cape Breton Corporation (ECBC).  As the principal federal organization for economic development on Cape Breton Island, ECBC focuses on the major issues affecting the economy of the area. In partnership with all levels of government, the private sector and other community stakeholders, ECBC will promote and assist the financing and development of communities and industry with a view to creating sustainable wealth on Cape Breton Island.

Ross Finlay is a co-founder and Director of the First Angel Network Association – Atlantic Canada’s association for private investors.  He is also Vice-Chair of the National Angel Capital Organization, Chairs the Education and Standards Committee and is a Director of the Angel Capital Association in the United States. Ross has been an angel investor since 2000; as well, he has assisted a number of companies raise private equity.  He is a recognized facilitator, business planner, and strategic change advisor who has an extensive background in public, private and not-for-profit sectors.  

Peter Kupovics is a Senior Commercial Account Manager, Commercial Financial Services at RBC Royal Bank. Peter has over 25 years of experience in finance in Canada, Japan and Australia working for both large multinational corporations and small enterprises. In his career with RBC Peter has worked with a diversity of clients across a variety of sectors, including manufacturing, not-for-profit, retail, real estate and the fishing industry. He works closely with numerous clients on Cape Breton Island, helping them to meet all of their financial objectives.