Silicon Valley Bank – The Fallout and the Silver Lining

The failure of Silicon Valley Bank (SVB) flooded our attention this past week. The Twitter Run on the 18th largest bank in the US was followed by a weekend frenzy for regulators announcing they were willing to backstop all deposits over and above the initial FDIC threshold of $250K. To underscore the importance of this… Continue reading Silicon Valley Bank – The Fallout and the Silver Lining

Making Financial Modeling More Accessible for Start-Ups

For many start-ups developing a financial model is a daunting task.  Why are they necessary? How do I build one? What should it include? Geoff Simonett, Investor, Advisor, Entrepreneur-in-Residence and formerly one of the founders of GreenSky Capital, and currently the President of Pinelands Capital, joins us to tackle this challenging topic for many startups:… Continue reading Making Financial Modeling More Accessible for Start-Ups

Uncovering the Equity Crowdfunding Opportunities

In 2022, the state of global venture capital funding reached $74.5 B in Q3 of 2022, minus 34% quarter over quarter loss and the largest quarterly percentage drop in a decade according to CB Insights. This marked a 9.5% quarterly drop and 7 quarter low – with just under 8000 deals being done in Q3 2022. For… Continue reading Uncovering the Equity Crowdfunding Opportunities

Wefunder & Equivesto: Demystifying Equity Crowdfunding

By Hessie Jones Altitude Accelerator, Innovations Manager The time for startups to rethink venture capital alternatives has been gaining momentum. 2023 and the looming, or some would argue the current, recession creates opportunities outside the current investing norm. Enter Equity Crowdfunding (ECF). This is an emerging capital raise option that not only increases opportunities for… Continue reading Wefunder & Equivesto: Demystifying Equity Crowdfunding

What VC’s don’t tell you: Things you have always wanted to ask.

Venture capital funding is critical for tech startups. Venture capitalists (VCs) hear hundreds of pitches on an ongoing basis so they need to be selective. Why do VCs reject a company? What are the criteria for which they evaluate startups? Here are some takeaways: VCs provide feedback to startup companies, and those who integrate them… Continue reading What VC’s don’t tell you: Things you have always wanted to ask.

What to Expect From VC Funding in 2021

While this past year has brought with it a lot of uncertainty for small businesses, it also brought with it more venture capital funding. In fact, global funding last quarter hit an all-time high, marking the first single quarter to reach above $100 billion, according to Crunchbase News. VC funding is expected to increase in… Continue reading What to Expect From VC Funding in 2021

Altitude Accelerator client Mirexus closes investment with GreenSky Accelerator Fund

GreenSky Accelerator Fund makes investment in Mirexus Biotechnologies Inc. GreenSky Principal Greg Stewart named Chairman of Mirexus Board Toronto, ON – October 8, 2015 The GreenSky Accelerator Fund I, LP (“the Fund”) is excited to announce that it has closed an investment with Mirexus Biotechnologies Inc. The Fund participated in the $4.5M syndicate alongside Barbados-based… Continue reading Altitude Accelerator client Mirexus closes investment with GreenSky Accelerator Fund

Ontario Bioscience Innovation Organization (OBIO) Capital Access Advisory Program (Pre-CAAP)

The Pre-CAAP program supports companies that are interested in participation in the Capital Access Advisory Program (CAAPTM) offered by the Ontario Bioscience Innovation Organization (OBIO®).  CAAP operates downstream from existing entrepreneurship programs and targets the critical issue of access to capital at the “Series A” and later stages of venture financing.  Led by OBIO and… Continue reading Ontario Bioscience Innovation Organization (OBIO) Capital Access Advisory Program (Pre-CAAP)

Technology and Business Challenge Traditional Education

By: Emma Collins As the average price of college enrollment continues to rise, many technology entrepreneurs have set their sights on revitalizing and democratizing education. “Less than one percent of US college students attend Ivy League schools, says Sebastian Thrum, Stanford University professor and founder of technology start-up Udacity. “These students don’t necessarily reflect the… Continue reading Technology and Business Challenge Traditional Education

Increasing the Value of your Venture

By: Andrew Maxwell   As a follow up to the Altitude Accelerator’s Growing Your Business Series this month on Business Valuation, here are a few tips to determine the value of your business before it achieves revenues. It is often necessary to attract equity capital at this stage – which raises the question – how much equity… Continue reading Increasing the Value of your Venture