Preparing for your Financing Journey

The critical challenge facing entrepreneurs in readying their ventures for external investment, whether from family and friends, angels or venture funds, is knowing how to prepare for the journey. For a variety of reasons, the current success rates for closing an equity financing are dropping, demanding a higher level of preparedness by entrepreneurs to be successful.

CapitalRoad faces a similar challenge with the preparedness of entrepreneurs. Presently, the quality of the presenting companies has come from the recommendations of participating investors in the selection process. As the investors participating in the Banff Venture Forum and Canadian Financing Forum events have called for higher quality companies, those presenting have been more experienced, more polished and have closed some prior financing.

However, there is a growing need across the country to ready companies earlier for the financing journey.

In the past couple of years, CapitalRoad has reached out to our regional partners and sponsors to integrate local pitch events and competitions, bootcamps and mentoring into the journey along the Road to the Banff Venture Forum. 

CapitalRoad believes that a national program of online bootcamp resources can benefit companies and our local partners better prepare for the financing journey.