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Spiegel Sohmer

 Spiegel Sohmer is a firm of attorneys offering state-of-the-art expertise to a diversified business clientele seeking solutions that are innovative, concrete, and pragmatic. Our firm groups some forty five attorneys who concentrate principally within three broad specialties: business law (including Intellectual Property), tax law and litigation.  Spiegel Sohmer has extensive experience representing companies at all stages of their life cycle, from start up through to exit, and also represents a wide array of investors: 

Gold Sponsor


Richter is, above all, a financial consulting services firm offering strategic support and has been a recognized member of the business community since 1926. Richter entire team consists of more than 450 partners, experts, high-level professionals and administrative employees. Because of this collective expertise, our firm has an unrivalled reputation and has earned the respect of the business community.

National Bank helps home-grown businesses expand by offering them personalized service and banking solutions adapted to their needs. We strive to develop integrated, diversified and innovative business solutions that will meet the needs of your business at every phase of its existence. We offer a full range of financial services to individual clients, SMEs and large companies. Whatever your sector of activity, our team of experts will be able to advise you and assist you with every stage of your business growth.

Silver Sponsors

Futurpreneur Canada

Futurpreneur Canada is the only national, non-profit organization to provide financing, mentoring, and support tools for every business stage to aspiring business owners and startup founders:


Founded in 1904, Kruger Inc. is a major producer of publication papers, tissue, lumber and other wood products, corrugated cartons from recycled fibres, green and renewable energy and wines and spirits. The Company is also a leader in paper and paperboard recycling in North America. Kruger operates facilities in Quebec, Ontario, British Columbia, Newfoundland and Labrador and the United States. (



Community Partners

NACO Canada

The National Angel Capital Organization (NACO) accelerates a thriving, early-stage investing ecosystem in Canada by connecting individuals, groups, and other partners that support Angel-stage investing. NACO provides intelligence, tools and resources for its members; facilitates key connections across networks, borders and industries; and helps to inform policy affecting the Angel asset-class.

Anges Quebec

Anges Québec’s mission is to help its angel investors make profitable investments in innovative companies in a wide range of industries and in all regions of Quebec. To this end, Anges Québec identifies the best entrepreneurs and business projects and supports the Anges Québec members who finance them.


Le RJCCQ soutient un réseau de jeunes chambres de commerce et d’ailes jeunesse à travers le Québec, représentant plus de 8 000 jeunes professionnels, cadres, travailleurs autonomes et entrepreneurs âgés de 18 à 40 ans.


La Jeune Chambre de commerce de Montréal (JCCM) est un regroupement de près de 1 600 jeunes cadres, professionnels, entrepreneurs et travailleurs autonomes âgés de 18 à 40 ans, ce qui en fait un des plus grands réseaux de jeunes gens d’affaires au monde.

Hacking Health

Hacking Health is designed to improve healthcare by inviting technology creators and healthcare professionals to collaborate on realistic, human-centric solutions to front-line problems.


Noticias Montreal is a Spanish-language media based in Montreal and founded by a group of immigrant journalists. Its main goal is to provide the latest news, information and features about Montreal, Quebec, Canada. NM wants to offer a helping hand in the immigration and integration process of the numerous newcomers as well as promoting the Spanish language.

La Gare

La Gare is a collaborative workspace. A place to work, connect and learn in the heart of the Mile End.


Six Reasons Your Startup WONT Raise Capital, by @DaveParkerSEA

Posted by Jonathan Greechan on 2013-10-30

Founder Feedback gives you insight from the startup trenches.

In a post from his blog, Dave Parker, VP of Product at UP Global and mentor for the Seattle Founder Institute, lists his top 6 reasons startups fail to raise capital. He says, before taking friends and family investments, make sure you aren’t making any of these 6 mistakes.

Below, Six Reasons Your Startup WON'T Raise Capital has been republished.

Here are Six Reasons your startup will never raise capital:

6. You’re a Services Business - services businesses don’t raise outside capital because they don’t have the potential return.  The reason is that you need to increase your staff every time you add a new customer. You need a scalable product business so that as you grow sales you aren’t required to grow staff proportionately. Don’t know if your business is a product or a service? Can you make money when you sleep? You have a product.

5. You don’t have a product - you have a “concept” or an “idea”. The Founder Institute runs a program called the Founder Showcase, and to even be considered for presenting to a group of 400+ people with around 100 investors, you must have a product – not slideware, a prototype or demo. Can a person or a business go to your product and place an order (even if it’s free) and then use the product? Landing pages and demos are great for proving your concept, but don’t plan on raising capital until you actually have a product.

4. You’ve picked a crummy market - because it’s small, not well-defined or incredibly difficult, like music (see Is Your Company Standing in a Graveyard). Your market doesn’t have to be multi-billion $$, but it can’t be small. I see folks pick non-profit markets for for-profit ideas, another bad idea.

3. You don’t have a team  - it’s just you, and sure you’re the smartest person you know, but you need a team. Many investors will tell you that they are betting on the team because they know it’s highly likely that your first idea isn’t going to be right. Then it’s all about the team pivoting to a new and better idea. Take Odeo becoming Twitter as an example.

2. You don’t have any market traction - you have a product, now the question is “do your customers care?”. Do you have registered users, letters of intent, actual sales or revenue? Even if you have two customers, that’s not validation of your product (unless they are $1M each). Are you making clear progress into a model that you can scale? Traction can be defined in a lot of ways - here’s a great blog post from Fred Wilson on Traction -

1.  You need the money - just because you need the money doesn’t mean you can raise any money. In the early stage you’re going to have to boot-strap your idea. That may mean you need to write a check or learn how to code.

But, but, “all those things don’t apply to me or my idea”! I know, you’re “special” and Aunt Millie will give you money. That may be true, but before you take “friends and family” money, increase your chance of providing a return by doing the above six things.

Dave Parker blogs at http://dkparker.comYou can also follow him on Twitter at @DaveParkerSEA. If you could benefit from expert training and feedback to launch a startup in Seattle, click here to learn more and apply today. Final applications are due Sunday, November 10.

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