fueling the future - canadian space commerce association - rocketfund
DESCRIPTION
An overview of the options available to the Canadian Space Commerce Association on setting up an incubator program and a fund to fuel the growth and startup of space and aerospace companies in Canada.TRANSCRIPT
Fueling The Future
Presenter - Scotty Thom, Gobi Capital
Canadian Space Contractors AssociationSeptember 2013 Meeting
www.gobicapital.ca
We are a finance studio. We are a relentless ally to entrepreneurs when it comes to financial matters – raising debt, securing shareholders or finding sales.
We do our best work helping you change the world.
Current projects include infrastructure project in Jamaica, resort and hotel construction financing, onshore and offshore banking (Ontario, South America and Sub-Sahara Africa), biodiesel / medical device / cloud computing companies in public and private space.
Gobi Capital
www.gobicapital.ca
Scotty Thom
Never worked for ‘the man’.
My goal is to help ten million entrepreneurs in my lifetime.
Side projects include 10 Startups, Toronto Open Coffee Club, Barrie Open Coffee Club, Fresh Water project and CoFounder’s Lab (Toronto)
www.gobicapital.ca
Invention Versus Application
INVENTION
Idea
Drawings / Autocad
Prototype
Patent / Trade Secret
APPLICATION
Seeing the opportunity
Go to market
Strategy and tactics
Build a business
www.gobicapital.ca
Start-Up Options
A. Find a Co-Founder
B. Incubator / Accelerator
C. Go it alone (my preference)
www.gobicapital.ca
GO TO MARKETIDEA PROTOTYPE PATENT /
TRADE SECRET
MARKET RESEARCH
Go To Market Process
INCUBATION
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CSCA Incubator and Venture Fund
Incubator – office and lab space
Experts and staff to support entrepreneurs
Cash – seed and growth funding
www.gobicapital.ca
Venture Fund
Two aspects of setting up a Venture Fund:1) Investors2) Investees
Potential investors would dictate structure, potential returns and the type of investments that could be made into companies.
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Investment Options (Structure)
Prospectus or Offering Memorandum (legal document)
Return on investment for investors could be:• Fixed rate• Share of the Venture Fund’s profit• Hybrid of above two options • Float the fund on an exchange• Fund is acquired
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The Process - Start
Community Support Survey
Steering Committee
Community Profile Questionnaire
Action Plan (financial modeling, operations, etc)
Financial Structure (investment & investee criteria)
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The Process - Middle
Management and Directors
Offering Memorandum / Prospectus
Lab and Office Location
Expert Support
Support Staff
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The Process - Ongoing
Intake of entrepreneurs
Ongoing support of entrepreneurs
Continuous investment into companies
Graduate incubator participants
Work with investee companies on exit strategies
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First Steps
Gather community support – get the word out
Completion of Community Support Survey
Form Steering Committee
Action Plan
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EQUITY DEBT
3F’s Credit card / Mortgage
Angels and Angel Groups SEM – Line of Credit
Bridge Financing Lease
Convertible Debt Small Business Loan
Venture Capital Corporate Financing
IPO / RTO / CPC Float Debt
What if you’re looking for $$ now?
www.gobicapital.ca
Thank you for your time. Any questions?
You can find this presentation online at GobiCapital.ca
You can connect with Scotty Thom via:• Email - [email protected]• Twitter - scotthom • LinkedIn - www.ca.linkedin.com/in/scotthom• Phone - +1.647.478.8682