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RADIUS accelerates ventures that help people live healthy lives & invests $25K / Slingshot venture

By | RADIUS Ventures, Slingshot Accelerator, Trampoline | No Comments

RADIUS Ventures has some BIG NEWS:

  • We invest in your ventures: RADIUS now offers a $25K investment to every venture in the Slingshot Accelerator!
  • We focus on health: We’re focusing on accelerating ventures that help people live healthy lives!

In addition to receiving a $25K investment in your venture, entrepreneurs in the Slingshot Accelerator will:

  • build business and innovation acumen,
  • grow a powerful network of mentors and peers,
  • develop strong financial, legal and marcom strategies,
  • benefit from an expanded pool of service providers, tech interns and experts.

RADIUS has refined our Ventures programs to maximize the impact we can offer. We’re building on past success and responding to the needs of early stage entrepreneurs to get you market, growth and investment ready.

RADIUS focuses on accelerating ventures that help people live healthy lives.  

Early stage entrepreneurs working on ventures that prevent chronic disease by creating or incentivizing healthy choices are encouraged to apply to a 2017-18 RADIUS Ventures cohorts before June 30.

The RADIUS Slingshot Accelerator

The RADIUS Slingshot Accelerator helps early stage impact ventures become investment ready and growth ready. Slingshot’s six month program offers…

  • Direct redeemable equity investment of $25,000
  • Cohort based learning, to build close ties with other entrepreneurs grappling with the same challenges and opportunities;
  • Individualized capacity building, with a dedicated Entrepreneur-in-Residence and a broad mentor and advisory network;
  • Pro bono legal, accounting, and marcomms support;
  • Access to a tech intern for 4 weeks; and
  • Access to Gastown office space and a range of business perks.

Learn more or apply now

The RADIUS Trampoline Business Model Validation Program

The Trampoline Program is a validation stage program for new and emerging impact ventures looking to test and refine their business model. The program is designed to support entrepreneurs and ventures to test alignment, or potential alignment, between the following three core themes:

  1. Is the problem you hope to address real, significant, and a driver of negative health outcomes?  
  2. Is the solution that you offer a viable, effective, and competitive way to address the problem?
  3. Are you the entrepreneur that can bring this solution to market (and have fun doing it)?    

Learn more or apply now

Let’s not forget about these folks

The launch of the RADIUS investment pool is made possible in part through the support of the Charles Chang Institute for Entrepreneurship.

The Slingshot Program is supported the Business Development Bank of Canada and delivered with support from Miller Titerle + Co, Manning Elliott, and Junxion Strategy.  RADIUS is proud to be an official “Social Change Partner” of Vancity Credit Union.

Have a question? Want to connect? Know a friend who should apply? Comment on this post and the RADIUS Ventures team will respond!

Spotlight on “Move your Mood” & “Leefy” | A look back at Trampoline 3

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The latest cohort of social entrepreneurs to participate in RADIUS’ Trampoline Business Model Validation Program recently delivered their final presentations. Under the leadership of sessional instructor Greg FitzGerald, the cohort of fourteen entrepreneurs (across ten ventures) met every Thursday for eight weeks to test alignment in three major areas:

  • The Problem: Is the venture focused on addressing a real, meaningful, and impactful problem?
  • The Solution: Is the proposed solution viable and effective in addressing the problem without creating new ones?
  • The Entrepreneur: Are you the entrepreneur or team to move this project forward? 

A diverse set of amazing ventures came through the program in its latest iteration. Two of these projects shared the common element of utilizing a games-based approach to improving mental health in children: Dr. Randall Gillis’ “Move your Mood” game and Nicholas Cheung’s “Leefy”.  We interviewed both to learn more about the problems they are solving and the impact of the Trampoline Program on their journeys. Read More

Is the Trampoline Business Model Validation Program right for you?

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As you may have heard, the RADIUS Trampoline Business Model Validation Program is currently accepting applications.

If you’re considering applying, but aren’t sure if Trampoline is right for you, there are a number of ways to learn more. You could…

  1. Attend our Information Session on December 9th
  2. Send an email to ventures[at]radiussfu.com
    or…
  3. Start by simply asking yourself the following questions: 
  • Are you working on a social venture?
  • Are you the founder or co-founder of your venture?
  • Is your venture recently launched or about to launch?
  • Are you ready to rigorously test and refine your business model?
  • Are you ready to grow your network and connect with other social entrepreneurs?
  • Are you trying to confirm alignment between your venture and the problem you want to solve?

If you answered “yes” to most or all of these, then the Trampoline Program might be just what you need. Visit the Trampoline page of our website for more information and, if you’re in Vancouver on December 9th, join us in person for the RADIUS Ventures Information Session.