Impact Challenge

Invest and create a positive impact while doing so.

Invest for returns and impact

The Impact Challenge aims to remove the barrier between entrepreneurs and investors. Investors will undergo a 10 week program that dives deep into the process of investing in early stage purpose driven companies, led by globally recognized leaders in impact and investing.

The program spans all aspects of investing so you become empowered to invest in businesses that align to both your values and your target return. Renowned speakers & Spring will help you navigate pitfalls, mitigate risk, develop your impact investment thesis, and make your first impact investment.

At the end of the two months, the group will use your learnings through the intense training program to negotiate and close a combined $100,000 investment in the company the group selects.

The Impact Challenge will leave you with a network of local and global impact investors, key players in the Vancouver startup ecosystem, and emerging companies in impact.

What You'll Learn

Defining Your Impact Investing Thesis

  • What impact means to you and what is impact investing.
  • How to find great impact companies and screen pitches.

Deal Mechanics

  • The due diligence process.
  • Investor portfolio
  • Taxation strategies
  • Negotiations and paperwork.

How to Select Investment Opportunities

  • What to look for when evaluating startups.
  • Assessing the market opportunity and impact.
  • Evaluating the team.

Understanding Returns

  • Funding venture scale businesses.
  • Alternative returns for companies that may not exit.

Program Details

Location: All sessions in Vancouver hosted by partners in the ecosystem

Timing: evenings (often Wednesdays) over a meal

Date: March 20th-May 22nd

Expect approximate 1-2 hours per week time commitment on top of that depending on the week and topic.

Schedule

*Topics may switch order depending on speaker availability.

Please note, it is OK to miss up to 2 of the sessions, but we do encourage you to be there as much as possible.

TopicTimingDetails
Program Orientation for New InvestorsTBD – Mid March – 2 hours
Kick-off Pitch EventWednesday, March 20th, 6-9pm• Welcome & Mingle
• 20 Pre-screened startups will pitch to the 20 investor cohort
• 5 Finalists will be selected to move forward for the remainder of the Impact Challenge
Session 1Wednesday, March 27th OR Thursday, March 28th, 5-8pm• Building Good Business, Stories from successful entrepreneurs
• Speaker – Edvard Engesæth, Founder of Nurx*
Session 2Wednesday, April 3rd 5-8pm• Sales & Growth
Session 3Wednesday, April 10th, 5-8pm• What is Impact and how to measure it?
• Speaker – Zoe Schlag, Managing Partner of TechStars Impact*
Session 4Wednesday, April 17th, 5-8pm• Due Diligence; valuation, cap tables, legalities, mitigating risk
Session 5Wednesday, April 24th, 5-8pm• Funding Venture Scale & Alternative Returns
Session 6Wednesday, May 1st, 5-8pm• M&A, Exits, Non-exits
• Speaker TBC – Edvard Engesæth, Founder of Nurx
Session 7Wednesday, May 8th, 5-8pm• Due Diligence Deep Dive; Evaluation of the 5 companies
Session 8Wednesday, May 15th, 5-8pm• Negotiation & Close
FinaleWednesday, May 22nd, 6-9pm• Final Pitches & Winner is selected to win $100,000 investment

Speakers

Keith Ippel - CEO & Founder of Spring

Keith Ippel, Co-founder & CEO @ Spring

Mari Mathews

Mari Mathews, Funding Facilitator @ Spring

Geoff Dittrich, Managing Partner @ Ink LLP

Mike Winterfield - Spring EiR

Mike Winterfield, CEO, Founder & Fund Manager @ Active Impact Investments

Zoe Schlag

Zoe Schlag, Managing Director @ Techstars Impact

Edvard Engesæth

Edvard Engesæth, Co-founder @ Nurx

Are you an entrepreneur seeking early stage investment?

Apply to pitch your startup at the Impact Challenge here.

Special Thanks To Our Partners