Author: thecodefactory

Thank You Algonquin!

Yesterday we made the exciting announcement that SNS16 will be taking place at Algonquin College. We want to take a moment to extend a HUGE thank you to them for their support – this is the first time that Students and Startups will be hosted outside TheCodeFactory! Having Algonquin host SNS16 is especially exciting for the three of us here at TheCodeFactory. We are all members of the alumni – albeit in a variety of disciplines. I myself am a graduate of the Small and Medium Enterprise Management program (known today as the Business – Management and Entrepreneurship program). I have seen firsthand how...

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Location, Location, Location

We’ve spent the last two weeks looking at different venue options, estimating attendance numbers and running calculations in our top secret Students and Startups lab. Without further ado we would like to announce… *Drum Roll Please* Students and Startups 16 will be taking place at Algonquin College! That’s right; SNS16 will be located in T Building, Room 102 on March 27th. With the location decided, the date decided and startups already beginning to sign up, the next big SNS16 focus will be one of the most important yet…the students! Expect student registration to be up and running this week! – Gareth...

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To Infinity and Beyond2.0

Waiting for the bus can be an interesting experience. Sometimes they’re early, sometimes they’re late and sometimes they seemingly don’t show up at all. With that being said, relying on the listed bus times to catch a quick ride can be more than frustrating some days. Luckily there’s a better way to take the bus in Ottawa. Beyond2.0 uses real time, GPS data to mark when your ride will be arriving on their OC Bus Tracker. It’s as easy as typing in your bus stop number and selecting the bus that you’re waiting for. Not only will it give you a time...

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Investing in the Future

All of us preparing for Students and Startups 16 would like to extend a warm thank you to Invest Ottawa for helping sponsor the event! Invest Ottawa is making it possible for 5 startups to attend SNS16 by covering their entrance fees. Support like this increases the accessibility of the event, and more importantly, allows the startups to focus on what’s important – finding students to hire! Help like this will go a long way toward making Students and Startups 16 the best...

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Lead to Win Bootcamp

Lead to Win is hosting its next Bootcamp fromFebruary 18th to 20th! TheCodeFactory has been fortunate enough to have a few LTW sponsored companies grow here, so we’ve had first-hand experience with what a great program it is. LTW is an excellent way to accelerate business growth and generate jobs in the Ottawa area. As for a brief summary as to what the program does: – Learn what it means to set up a business – How to attract first customers and generate revenue – Pitch to industry experts and receive valuable feedback – Build valuable business connections – Best of all...

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The Four Myths of Business Innovation: Part 6 – Conclusion

Recommendation #1 – Improve access to working capital for SMEs. The most NET NEW jobs in the Canadian economy are created by new, self-funded, knowledge based businesses. There is a significant lack of working capital available for early stage, relatively high risk, small businesses that are not ready for traditional financing or Angel and VC funding. The highest demand and lowest supply of working capital occurs early in the life cycle of a new, knowledge based business and between traditional financial institutions and Angel funding. Improving access to working capital for early stage, bootstrapped small businesses is essential to...

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The Four Myths of Business Innovation: Part 5, Myth #4

The second premise of “Paradox Lost” is the basis for Myth #4: In order to get a better handle on Business Enterprise Research and Development (BERD) spending, you really need to understand what is going on in the global economy at the macro-economic level. One of the key macro-economic drivers of change in the world today is what I refer to as “Business Model Migration” (actually more of a stampede now than migration). Prior to the Great Recession of 2008 the dominant business model was the large, hierarchical, multi-national companies acting as an anchor to a cluster of supply...

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SNS Now Has Its Own Website!

We are excited to announce that Students and Startups (SNS) is expanding and now has its very own website, which we are officially unveiling today! With plans for SNS16 to be bigger and better than ever, we needed to make SNS’ web presence bigger and better too. Now participants from both the past and the future can check out photos from previous editions and video testimonials from a few of our 29 successful hires. We’re also adding videos from our new series “SNS: Where are they now?”, which premiered last fall with Tri Ho of Koneka. The site also has its very own blog, so...

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