Kickstarter Launches in Canada

It's an exciting day for enterprising Canadians! Kickstarter - the largest global crowdfunding engine has officially launched its Canadian operations! What is Kickstarter? If you're not familiar with Kickstarter - its a crowdfunding platform for creative projects. These projects may include new inventions, gadgets, products, music, art and film. The concept is simple, anyone can "donate" to a project they want to see completed in return they get rewards which may include the end project, behind the scenes access to its design or anything else you can imagine! How does […]

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Filed under: Funding, Resources, Startups

Investing in innovation can bring great rewards

Inventors are unique. They often toil alone, working with minimal resources as they chase the wisp of an idea. When they achieve those eureka moments — that point when all the thinking, sketching, tinkering and building produce a viable product — they are just beginning. It takes money to take that innovative or creative new idea or product to the market and that is where investors can play a crucial and possibly lucrative role. Many would be investors shy away from this type of investment, claiming the risks are too […]

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Filed under: Funding, Inventors

Canadian Innovation: A Look at History, Today & Tomorrow

The history of Canadian invention has spanned more than a century with over one million patents filed – yet few people can name more than one or two Canadian inventors. The most common name that comes to mind is Alexander Graham Bell – the inventor of the telephone in 1867. Over 125 years later Mike Lazaridis & Doug Fregin sought to greatly improve the telephone through adding wireless email functionality – this was the start of Canada’s treasured RIM (Research in Motion) corporation. In between these two great feats of […]

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Filed under: Funding, New Product Development, Patents, Startups

Canada’s 2010 Budget & Small Business Funding

The government of Canada's 2010 Budget was released on March 4th, within it were various provisions impacting Canadian small business funding. The largest being a $100 million investment from CEAP (Canada Economic Action Plan) to help small business with their innovation and commercializing efforts. The $100 million investment will be administered through the NRC-IRAP (National Research Council of Canada Industrial Research Assistance Program ) and help Canadian small business develop innovative technologies and commercialize them on the global marketplace. At Design 1st, we have directed various clients to the NRC-IRAP […]

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Filed under: Blog, Funding, Resources

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