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Canadian entrepreneurs invited to apply with their “half-baked” cannabis business plans to receive capital, business development and mentorship

Canadian entrepreneurs invited to apply with their “half-baked” cannabis business plans to receive capital, business development and mentorship

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CBi2 is calling for Canadian start-up companies developing products and services for the legal cannabis industry to apply for acceptance into its 16-week accelerator program, MacaVerde. Having launched in January 2018, the program has already received a number of promising applications, and additional applications from passionate entrepreneurs are encouraged. Prospective applicants are invited to apply for this program by March 31, 2018.

Applicants are encouraged to submit their “half-baked” ideas relating to the cannabis industry (medical and/or recreational). MacaVerde will provide capital, a 16-week business development and mentorship program, and critical knowledge of the industry to selected applicants in return for an equity interest in the applicant’s business. CBi2’s advisors and mentors will work closely with each selected company to enhance their business models, perfect their unique selling propositions and boost their marketing and fundraising activities.

“Canadian cannabis companies are already well-positioned to become global leaders and we want to help cultivate the business potential of Canada’s entrepreneurs within this industry,” says Sonny Mottahed, Chairman, President and Chief Executive Officer of CBi2. “We are dedicated to partnering with leading-edge entrepreneurs and encourage anyone with an innovative idea to apply.”

All selected participants will be part of an exclusive “Demo-Day” where they will showcase their accomplishments of the 16-week program to accredited investors to drive additional investments. Making this program even more exciting, CBi2 is developing a cannabis investment focused television program showcasing this unique Demo-Day experience to drive global interest in Canada’s cannabis market. The show is being created under the direction of renowned television producer Chad Oakes, and is currently being marketed to leading broadcasters and global content streaming services.

Interested applicants are invited to apply for MacaVerde by March 31, 2018. The application process and program details will be found at www.cbi2.com/MacaVerde. The inaugural 16-week boot camp will begin on April 20, 2018.

For more information, visit www.cbi2.com.

About CBi2 Capital Corp./Target Capital Inc.

Target Capital Inc., to be renamed CBi2 Capital Corp. is a Calgary, Alberta based company engaged in making strategic investments in private companies, including small startup operations and land development corporations. The Corporation’s common shares are listed on the TSX Venture Exchange and the Canadian Securities Exchange under the trading symbol “TCI”. Target is executing on a cannabis-focused investment strategy, where it intends to develop and manage a diversified portfolio of predominantly early stage cannabis investment opportunities. Target will explore and invest in a number of strategic investment opportunities in the medical and recreational cannabis industry and in businesses offering ancillary supportive products and services. Upon receipt of shareholder approval, Target will change its name to “CBi2 Capital Corp.”.

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The Top 5 Fitness Exhibitors at YYCfit

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The Health & Fitness Expo was in town this weekend, and we had an opportunity to check out some of 2018’s newest and coolest exhibits that local fitness pros had to offer.

OB Organic’s

An online based High Performance Food Menu, OB Organic’s is “a specialty food manufacturer dedicated to providing high quality solutions for athletes on the go, who wish to combine their performance needs with enjoyable eating.

With nationwide shipping, customers are able to select from a variety of different flavours of Paleo Protein Chocolate Cups and Protein Paleo Donuts.

According to their website,

“[Their] products are made with carefully sourced ingredients, and are free from the usual sugars and artificial substances that come with most snack foods.  The end result is a delicious, low glycemic snack, packed with healthy fats and high quality protein.”

Balletiques

A combination of ballet and fitness, owner Sarah Stewart has taken her illustrious dancing background to bring to Calgary a new and fun way to burn those calories.

With no previous dance experience required, anyone can follow along to a step by step breakdown of fundamentals and get in a good workout at the same time.

Set to the latest up-beat pop music, this unique ballet-inspired fitness class will help build, define and tone long, lean muscles.”

The new Spring session schedule is now available for sign up, and your first class to attend is free!

Strike Combat Archery

What is Combat Archery you ask? Well according to the website you “[t]ake all of the adrenaline-pumping excitement of paintball, mix it with the charm of being Legolas or Catnis and remove the overwhelming pain.

Great for team-building, corporate or private events, Combat Archery is the perfect way to unleash all that pent up steam against your coworkers, in a completely nonlethal way.

Fully mobile, Combat Archery can either come to you, or set up a space for you to bring your friends, where you can enjoy a day of taking each other out without any consequences. Go to their website to book an event for you and your party.

Bolder

Calgary’s first bouldering specific climbing centre, Bolder is the perfect place for climbers of any skill level to check out. Open 7 days a week, the centre offers 5300sqft of bouldering terrain, a separate training area, a multipurpose mezzanine, and a cafe.

Bolder also offers different workshops and programs which you can check out on their website, and as an added bonus, any climbers that go in before 1 pm on weekdays only have to pay $10!

The Beach YYC

It’s hard to be a fan of beach volleyball when you are a resident of Calgary. Opening summer of 2018, The Beach YYC will be Calgary’s only indoor beach volleyball facility.

According to their pamphlet the centre will be based in the community of Ramsay and will offer the following:

  • Year-round beach volleyball leagues and tournaments
  • Ultimate frisbee leagues and drop-in times
  • Yoga
  • Rental space (meetings, team building, social events)

For more information about the recreation facility and their upcoming opening day, check out their official website.

unsplash-logoGeert Pieters

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Can You Become a Successful Student-preneur?

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Most of us have either seen or heard of popular TV series, Dragon’s Den, where hopeful entrepreneur’s stand before a panel of venture capitalists to pitch their ideas, in the hopes that they may secure financial investing for their startups.

While not all of us can be guaranteed a spot on the show, on a much smaller scale, venture capitalists, angel investors and others around the world look for opportunities to help entrepreneurs grow and develop their businesses.

More universities and colleges have incorporated entrepreneurial education into their curriculum to promote the undertaking of starting your own company. Mount Royal University’s (MRU) Institute for Innovation and Entrepreneurship recently had their annual JMH $70,000 LaunchPad Pitch Competition.

Founded to support those MRU students who are ambitious enough to pursue their own ventures, the initiative is funded largely by donations from JMH&CO. According to the website, over the past five years alone, there has been a total of $250,000 donated to support the program.

For this year’s competition, JMH&CO. put forth $40,000 along with $10,000 each from LaBarge Weinstein, Trout + Taylor and the Busy Foundation. Six students had the opportunity to win up to $70,000 for their endeavour should they impress the judging panel, which consisted people of note, including Alice Reimer, serial entrepreneur, Andrew Browne, co-founder and CEO of TikTiks, and Patrick Lor, serial entrepreneur and venture capitalist.

After hours preparing, each student went up and put forth their best pitch and showcase to sway the crowd. For a further look into the speakers and their companies, click on their profile links below:

Vigo

Lobo Development Ltd.

StudentSaver

Connor’s Carwash

S’WEARIT

The sixth, and final company, CommunityKit, did not provide us with any additional information, and therefore were unable to be featured.

MRU put on a great showcase of their students and what the Institute has to offer for future entrepreneurs. Yes, the odds are generally stacked against most startups, but with universities like MRU trying to create an environment for growth, there may be a light at the end of the tunnel.

Congrats to all the winners and we wish all the success to those brave enough to pursue their ambitions.

unsplash-logoJordan Encarnacao

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