A place-based edition of Spring Activator’s Investor Challenge—building a culture of early-stage angel investing and purpose-driven entrepreneurship in the Kootenay Region.
Presented by
Delivered by
ABOUT THE PROGRAM
The Kootenay Investment Challenge is a 10-weeek program facilitated by Spring Activator and consists of weekly interactive sessions and a pitch night that will run from September to December 2022. This challenge will have two intersecting cohort streams: one geared towards investors looking to make early-stage investments into local tech companies and one designed for local startups looking to fundraise.
Accredited and aspiring local investors will be introduced to investment-ready ventures in the region, along with early-look companies with high future investment potential. Participating investors will learn how to evaluate prospective investments in emerging startups in and around the Kootenay region, and entrepreneurs will be guided towards being investment-ready for a chance to win $50,000* of investment funding from the investor cohort.
This collaborative initiative between Spring Activator, and the Kootenay Association for Science and Technology (KAST) is funded in partnership with the British Columbia Rural Dividend Fund.
At the end of the program, the investor cohort will award up to $50,000 in investment to one Kootenay-based startup.
At the end of the program, the investor cohort will award between $50,000 – $100,000 in investment to one Kootenay-based startup.
WHO IS THE KOOTENAY INVESTMENT CHALLENGE FOR
The Challenge is a 10-week training program that consists of an investor track and an entrepreneur track. It is for individuals seeking to make angel investments in Kootenay-based startups, and also for purpose-driven entrepreneurs in the region looking to fundraise.
Investor track participants will navigate the ins and outs of early-stage investing while those in the entrepreneur track will prepare for the capital-raising process. Across the program, investors will select five companies to accompany them into the core program where both parties will collaboratively go through a due diligence process. The program will culminate in a final pitch night where one winning startup will be selected to receive investment.
Throughout the program’s 2-hour weekly sessions—delivered live and virtually—participants will hear from industry experts and have the chance to gain insights, build their networks, and acquire resources to become successful in their respective domains.
The Kootenay Investment Challenge is about more than one final investment winner and will leave all participants with a community of purpose-driven investors, key players in the Kootenay startup and innovation ecosystem, and startups looking to enrich the Kootenay region and beyond with their innovative ideas.
Program timeline details are available here. Applying for the investor track will lead you to a discovery call with our team so you can learn more prior to committing to the program.
PROGRAM COST
ASPIRING INVESTORS*
$2,500 in program fees (500 admin/legal fee, 2,000 course fee) in program fees). With support from our partner, the program fee for this program is $1,275. Program fees include a one-year membership to Spring’s Investment Collective.
$5,000 in equity investment commitment for the winning company.
Total = $6,275
ASPIRING INVESTORS*
$2,500 in program fees (500 admin/legal fee, 2,000 course fee) in program fees). With support from our partner, the program fee for this program is $1,275. Program fees include a one-year membership to Spring’s Investment Collective.
For more information on how aspiring investors can invest, please book a call with our team.
Investment for aspiring investors can start as low as $2,000*
ENTREPRENEURS
Apply and participate for FREE!
APPLY NOW TO SECURE YOUR SPOT
ENTREPRENEUR TRACK
Applications will be accepted until September 1, 2022
INVESTOR TRACK
Applicants are reviewed and accepted on a rolling basis until the cohort is filled.
ATTEND AN INFORMATION SESSION TO LEARN MORE
ENTREPRENEUR TRACK
Attend an information session
Tuesday, May 31, 2022
4:00 – 5:30 pm PST
INVESTOR TRACK
Attend an information session
Wednesday, June 1, 2022
12:00 – 1:30 pm PST
