Our first-ever Canada-wide Impact Investor Challenge is launching in April, and we’ve just selected the Top 20 companies entering this competition for $100,000 in impact investment!
The response from the community was overwhelming! We received over 150 company applications from across the country, and are excited that our vision to improve access to impact capital through training impact investors is well received. This program would not be possible without amazing impact entrepreneurs pursuing innovative solutions to today’s challenges.
In a snapshot, the selected Top 20 comprise companies from seven regions:
- British Columbia
- New Brunswick
- Nova Scotia
Nine of the ventures are founded by women, eight are BIPOC-led, and one is Indigenous-led. As concerns, industries, the variety spans over seven areas including cleantech, education, medtech, e-commerce, food innovation, agtech, and circular economy.
What’s next? At Pitch Night on April 20, these companies will pitch to the program’s investor cohort and the narrowing down will begin. Once a Top 5 are selected, the venture cohort—the companies that will complete the core program alongside the investors—will be announced. At the National Impact Investor Challenge Finale on June 17, the newly trained impact investors will award $100,000 to one winning company.
Are you ready to meet the Top 20 ventures of our 2021 National Impact Investor Challenge?
Audette is a software marketplace that connects large property groups with the funding necessary to get to carbon neutral. Our platform enables users to build a project-by-project roadmap for their entire portfolio and receive funding offers from incentive providers, government grants, and impact financiers. Our mission is to turn every commercial building upgrade into a carbon reduction project, the climate crisis demands nothing less.
HQ: Victoria, British Columbia
DISCOVELO’s software connects to any stationary bike to help users leverage the power of exercise to manage stress and anxiety, and they begin in classrooms where the need is most urgent. Gamified content connected to classroom stationary bikes and driven by biofeedback guides students to regulate their emotional energy, moving students and teachers towards socio-emotional and academic success. They are poised to change the way mental health support is provided in education. DISCOVELO been called Peloton for kids, but they’re more than that—they’re Peloton with Purpose.
HQ: Whitehorse, Yukon
Earthli is a 100% Canadian-owned producer of sustainably grown and zero-waste packaged plant-based superfood products to promote a healthy lifestyle with a planet-friendly approach. The world is discovering the many benefits of plant-based nutrition, and Earthli vegan proteins provide easier, tastier, and more sustainable options for earthlings everywhere!
The Farmers’ Truck
Fusion Fit Foods
Gotcare is transforming how home care is delivered nationally. Leveraging a network of 14,000+ care workers, patients receive a personalized home care experience that provides more efficiency, empathy, and control. Gotcare’s core tech experience includes patient matching, digital care wallets, and dedicated ongoing care. Case studies of Gotcare services have already been published in peer-reviewed scientific journals. Since launching in September 2018, the company has already generated over $2.3M in revenue.
Gyanberry is a website for international students to find, compare, and contact universities around the world. Their mission is to make international education more accessible and transparent by connecting all international students and universities on a single platform. Gyanberry is helping host countries attract quality international students who will positively contribute to the local economies, create employment ,and enable cross-cultural exchange.
LABORA has won numerous recognitions including the 2019 Idea Prize at the Coast Capital Savings Venture Prize competition, the 2019 Vancouver Winner at the Startup World Championships in Montreal, and was a top 100 finalist in the TELUS Pitch contest. In 2020, they received the SFU Alumni Founder Award from the Coast Capital Venture Prize and Future of Good recognized LABORA as one of Canada’s Top 100 Recovery Projects. The company has also made the Ready to Rocket program’s Emerging Rocket Agri-Food List in 2020 and 2021.
Moment works with leading auto manufacturers to prevent toxic battery disposal in landfills and the mining of lithium for the creation of new batteries. They have been featured on CTV & CityNews and have won numerous awards such as the Top Social and Sustainable Venture in the NEXT Canada 2020 Program and the Judges’ Choice and Clean Energy Award in the Alaska Airlines Environmental Impact Challenge. Moment is a MaRS and Foresight CleanTech Accelerator portfolio company.
Off the Grid
HQ: Kamloops, British Columbia
HQ: Montreal, Quebec
Mental health is a critical component of our overall health. Yet, a lack of accessible care and fragmented data causes daily harm and impedes millions of people from living happier, healthier lives. Speakbox enables any independent mental health clinic to become a collaborative practice capable of effortlessly sharing health information with their clients while optimizing their administration to save time, money and increase clinical capacity. The company envisions a future of healthcare where regardless of your age, employer, insurer, or condition, your health data is always on hand and transmissible to anyone on your care team.
HQ: Vancouver, BC
Interested in additional information about the Impact Investor Challenge?