Startup

University of Toronto Entrepreneurship | All things entrepreneurship at U of T: accelerator/incubator programs, event, startup news and more!

U of T is the place to build your startup

University of Toronto entrepreneurs have created more than 500 companies, securing more than $1.5 billion in investment over the past decade. Our research strengths in areas such as health sciences, AI and information technology converge to launch game-changing startups that transform lives in Canada and around the world.

No matter what type of entrepreneur you are, U of T can help bring your ideas to life. Startups will find the perfect fit within our growing ecosystem of entrepreneurship programs (incubators/accelerators), courses, clubs, meetups and speaker series.

With expertise across diverse faculties, departments and campuses, U of T’s programs can be tailored to meet the needs of all different kinds of entrepreneurs, from beginners in business to world-class researchers, social innovators and more.

U of T Entrepreneurship is located in the ONRamp co-working space in the Banting Institute.

Meet some of

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8 Options for Small Business Startup Loans

The 8 Best Startup Business Loans

What is a Startup Business Loan?

A business startup loan is financing meant to help with the financial needs of a new business. Business startup loan proceeds can go towards things like working capital; the purchase of equipment, machinery, supplies, inventory, and furniture; and the purchase or construction of real estate. New business owners can also consider business credit cards, business grants, and crowdfunding.

One of the biggest challenges a new small business must face is obtaining the capital necessary to support their initial growth. New employer small businesses are the primary source of U.S. job growth, but are much more likely than larger firms to face financial challenges like access to capital, according to a 2019 Federal Reserve report. In order to proudly turn on your physical or metaphorical “open for business” sign, you’ll likely need to have access to money in

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Small Business, Entrepreneur, Startup: Which Do You Identify With?

I hear these three terms used interchangeably, but in my mind, they all mean slightly different things. It’s semantics, of course, but here’s my take on what these three words mean. Which do you identify with the most?

Small Business, Entrepreneur, Startup: Which Do You Identify With?

Small Business

Wikipedia: A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. The legal definition of “small” varies by country and by industry, ranging from fewer than 15 employees under the Australian Fair Work Act 2009, 50 employees in the European Union, and fewer than 500 employees to qualify for many U.S. Small Business Administration programs. Small businesses can also be classified according to other methods such as sales, assets, or net profits.

Me: In my mind, small businesses are those boutiques,

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Business ideas: 100+ of the best start-up ideas

From bespoke beauty to living for less, Startups.co.uk’s annual report reveals the 13 hottest business ideas you should start next year…

Generation rent, inclusive beauty, teenaiders, boxing and more. Read our roundup of the 14 hottest start-up sectors for this year and get inspired…

If you’re looking for cheap business ideas with bags of potential, take a look at these…

We offer some inspiration for starting a business on a shoestring

Thinking of going it alone over the next year? Let Startups.co.uk point you in the right direction

What businesses can you get off the ground fast without having to spend lots to set up? John Fagan, head of RBS branch business, picks 10 of the best

Startups.co.uk looks at the top business opportunities for budding student entrepreneurs…

Starting a market stall can be an excellent way to get your brand out there

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5 Small Business Financing Options for Startup Entrepreneurs

small business financing option

Credit Cards

According to a 2012 National Federation of Independent Business (NFIB) study [click the image above for the full infographic], 79% of small business owners used credit cards to start or grow their business. That says a lot about the significance of using credit cards to capitalize a small business.

According to another study (PDF) conducted by Keybridge Research, the use of business credit cards to start or grow a small business has tremendous positive effects on the business and the economy as a whole. The study found that the expansion of credit card lending between 2003 and 2008 contributed to the creation of 1.6 million jobs and for every $1,000 of business credit card use, a $5,500 increase in revenue was experienced by the small business.

The bottom line is that about 4 out of 5 small business owners will be using credit cards.

Founders of

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Amazing Malaysian Female Entrepreneurs In The Startup Scene

The startup industry has been a male-dominated landscape; however, there are actually many outstanding women making their mark to take the risk in building a startup at such a strenuous environment. Hence the number of female owned businesses are now significantly higher than in previous years. According to a chart in Statisca, Kuala Lumpur is one of the top 10 cities with women accounting for 19% of new startups.

Here we’d like to shine a light on these 10 impressive female entrepreneurs who has inspired us by building their own businesses against all odds.

1. Cheryl Yeoh, CEO, Malaysian Global Innovation & Creativity Center (MaGIC)

Image Credit: ww.theantdaily.com

After graduating from Cornell University in New York, Cheryl and her ex-classmate started CityPockets—a free web service to keep track of daily deals from websites like Groupon, Living Social and 500 other such sites in the U.S. Later in 2012, Cheryl co-founded

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18 Entrepreneurs Who Bootstrapped Their Startup from Nothing

Think you can’t start a successful business without huge rounds of funding? Think again.

There have been plenty of hugely successful entrepreneurs through the years who bootstrapped their startups from nothing. Here are some of the most successful entrepreneurs who bootstrapped their businesses.



Entrepreneurs Who Bootstrapped Include …

Steve Jobs and Steve Wozniak

The story of Steve Jobs and Steve Wozniak starting Apple Computer in a garage is well-known. The pair had recently withdrawn from their respective colleges and began developing consumer computer devices in Jobs’ parents garage in California. After developing a couple different models, the pair knew they would need more financing. So Jobs had to find a co-signer to get a bank loan for $250,000.

Bob Evans

Bob Evans started out with a 12-stool diner and a small farm where he produced his own sausage, since he couldn’t seem to find satisfactory sausage elsewhere. Only

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DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z

Lending protocol Compound Finance just raised $25 million in a round led by Andreessen Horowitz’s a16z crypto fund, marking one of the largest venture capital investments in a decentralized finance (DeFi) startup to date.

According to DeFi Pulse, Compound has nearly $103 million worth of crypto locked up in its automated system, which can generate returns for users comparable to interest. Today’s announcement of the Series A follows Compound’s $8.2 million seed round in 2018.

Much like MakerDAO’s loans, users can take collateralized loans with ethereum-based tokens, with the locked assets automatically liquidating if an independent “oracle” determines the price has dropped too low.

Unlike MakerDAO loans, however, the Compound protocol supports multiple assets and allows people to lock up assets without borrowing. Because these assets are stored in a shared pool, even someone with liquidated collateral could claim tokens if they are able to repay the general pool.

Compound

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New York Entrepreneurs & Startup Network (NYESN) (New York, NY)

Welcome to New York Entrepreneurs & Startup Network (NYESN)!
Whether you are just starting out in the world of business or are working on business number one-hundred, the New York Entrepreneurs & Startup Network’s goal is to help you meet potential business partners, investors, and most importantly more clients.

You are here because you know this is the best time to start your own business and you are right! Established in 2013, today New York Entrepreneurs & Startup Network is the fastest growing organization serving the entrepreneur/startup community of the greater New Jersey, New York and Pennsylvania area.

New York Entrepreneurs & Startup Network members include but are not limited to: startups entrepreneurs, small business owners, angel and accredited investors, venture capital managers, crowdfunding experts, and people looking to enjoy the many benefits of being their own boss!

We invite you to learn more about New York Entrepreneurs & Startup

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Business Plan Template for a Startup Business

Do you want to increase the odds that your business startup will be a success? Then download this step-by-step business plan template and use it to lay the groundwork for your new business.

Writing a business plan gives you an opportunity to carefully think through every step of starting your company so you can better prepare and handle any challenges.

While a thorough business plan is essential in the financing process, it’s helpful even if you don’t need outside financing.

Creating a business plan can:

  • Help you discover any weaknesses in your business idea so you can address them before you open for business
  • Identify business opportunities you may not have considered and plan how to take advantage of them
  • Analyze the market and competition to strengthen your idea
  • Give you a chance to plan strategies for dealing with potential challenges so they don’t derail your startup
  • Convince potential partners,
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