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Archive for the ‘Bryan Watson’ Category

In April, Rick Spence published the article. Time to nurture our ‘gazelles’“. By gazelles, Spence means our fleet-footed, nimble, high-growth companies.

What Canada really needs, though, is a debate on how to encourage entrepreneurial ambition and nurture more high-growth superstars such as RIM, Polar Mobile, ViXS, iQmetrics, WestJet, Revision Eyewear or Coastal Contacts: Companies bringing in export dollars and creating quality jobs through sustained innovation. Right now the Canadian economy is coasting on the strength of high commodity prices. How much better off we would be to export more brainpower and less of our finite natural resources.

As the organization that supports the investors in these companies, this is something that we support. Indeed Spence notes that:

…there is much Ottawa can do, from better information tools to tax changes, to help entrepreneurs tap more funds from friends or relatives, employees, business angels, venture capital firms, and government institutions.

National Angel Capital Organization (NACO) has long publicized tax and co-investment programs available and proven around the world that help offset the risk Angels face when investing in early gazelles and thereby stimulate increased investment. NACO has also made the case for direct support of Angel groups, to help offset the coordination costs that are associated with completing an investment in a group setting.

At the end of his article Spence makes a simple request of his readers: When you tgalk to your local politicians, ask how they plan to assist Canada’s growth entrepreneurs.”

This is certainly a question I will be asking.

Reposted from National Angel Capital Organization

Throughout his career, both in Canada and the UK, Bryan J. Watson has been a champion of entrepreneurship as a vector for the commercialization of advanced technologies. Upon his return to Canada in 2004, Bryan established his venture development consulting practice to help emerging-growth companies overcome the barriers to success they face in the Canadian commercialization ecosystem.  Visit Bryan’s blog and the National Angel Capital Organization.


The RIC blog is designed as a showcase for entrepreneurs and innovation. Our guest bloggers pro vide a wealth of information based on their personal experiences. Visit RIC Centre for more information on how RIC can accelerate your ideas to market.

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By Bryan Watson

A short while ago, The Economist (“Schumpeter”) reported the debut of a new index of business.  Where previous indices simply tracked the creation and destruction of new enterprises, the Global Entrepreneurship and Development Index, available for purchase here, focuses on high-growth companies, and ranks 71 countries by their results in this regard.

As the article points out, this could be a very valuable tool to identify what policies work to encourage high-growth business, and where the bottlenecks are!

Reposted from National Angel Capital Organization

Throughout his career, both in Canada and the UK, Bryan J. Watson has been a champion of entrepreneurship as a vector for the commercialization of advanced technologies. Upon his return to Canada in 2004, Bryan established his venture development consulting practice to help emerging-growth companies overcome the barriers to success they face in the Canadian commercialization ecosystem.  Visit Bryan’s blog and the National Angel Capital Organization.


The RIC blog is designed as a showcase for entrepreneurs and innovation. Our guest bloggers pro vide a wealth of information based on their personal experiences. Visit RIC Centre for more information on how RIC can accelerate your ideas to market.

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By Bryan Watson

The following article from the Globe and Mail, sheds light into how China is now envisioning itself – from the world’s supplier of cheap goods to the world’s leader in high-valued technologies.  The country is now proposing for investments of up to $1.5 trillion US over five years in the following seven industries:

1)      Alternative Energy

2)      Biotechnology

3)      New-Generation Information Technology

4)      High-end Equipment Manufacturing

5)      Advanced Materials

6)      Alternative-Fuel Cars and Energy-Saving

7)      Environmentally Friendly Technologies

Funding would likely come from corporations, local governments and banks, and the plan would be to invest up to $300 billion US each year into these seven strategic industries over the next five years.

The reason? – The desire to make the country less dependent on “low-end, dirty manufacturing” and to have “technology help bridge the gap between limited supplies of commodities and the rapidly growing demand that has propelled the country to become the world’s second-biggest economy.”

The goal? – Presently, the output from these seven strategic industries together account for approximately 2% of the countrys’ GDP.  The government would like these sectors to together generate a total of 8% of its GDP by 2015, and 15% by 2020.

Tax Incentives? – A proposal to halve the income tax rate of those entities that invest in any of the seven sectors.

Next Steps? – This plan requires the approval of Parliament in March of 2011.

Reposted from National Angel Capital Organization

Throughout his career, both in Canada and the UK, Bryan J. Watson has been a champion of entrepreneurship as a vector for the commercialization of advanced technologies. Upon his return to Canada in 2004, Bryan established his venture development consulting practice to help emerging-growth companies overcome the barriers to success they face in the Canadian commercialization ecosystem.  Visit Bryan’s blog and the National Angel Capital Organization.


The RIC blog is designed as a showcase for entrepreneurs and innovation. Our guest bloggers pro vide a wealth of information based on their personal experiences. Visit RIC Centre for more information on how RIC can accelerate your ideas to market.

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By Bryan Watson

In support of the innovation community in Canada, the Canadian Technology Accelerator via the Canadian Innovation Exchange, in partnership with DFAIT and the Consulate General in San Francisco, have launched what is called the “Plug and Play Tech Centre (PnP)” for early-stage start-ups to more developed players.

What is Pnp? – A Centre that is located in the heart of the Valley where three qualified Canadian companies will stay for three months (rent paid for) starting in June of 2011.

What will these qualified Canadian companies do? – Work alongside over 150 tech start-ups from more than 20 countries, meet with experiences mentors and advisors guiding growth and development in the Valley, gain introductions to local angel networks and VC firms, gain access to the Canadian Trade Commissioner Service.

What is defined as a qualified company? – Any Canadian-based tech company working in Digital Media and Information and Communications Technology.

How does one apply for the program? – Fill out a profile on the CIX website (www.canadianinnovationexchange.com) before March 11, 2011.  The CIX Committee will review submissions and announce their selected companies in early April.

Reposted from National Angel Capital Organization

Throughout his career, both in Canada and the UK, Bryan J. Watson has been a champion of entrepreneurship as a vector for the commercialization of advanced technologies. Upon his return to Canada in 2004, Bryan established his venture development consulting practice to help emerging-growth companies overcome the barriers to success they face in the Canadian commercialization ecosystem.  Visit Bryan’s blog and the National Angel Capital Organization.


The RIC blog is designed as a showcase for entrepreneurs and innovation. Our guest bloggers pro vide a wealth of information based on their personal experiences. Visit RIC Centre for more information on how RIC can accelerate your ideas to market.

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By Bryan Watson

Last week, at Ryerson University’s Digital Media Zone (DMZ), the Year of the Entrepreneur was announced by the Honourable Ted Menzies, Minister of State (Finance) and the Honourable Rob Moore, Minister of State (Small Business and Tourism), CYBF and CFIB. This is a year to celebrate Canada’s entrepreneurial talent and  all that entrepreneurs bring to our economy. Highlighted was the expectation that it will be Canada’s entrepreneurs who will, to a large extent, be responsible for our further economic recovery and future growth.

As leaders in small business in Canada, CYBF and CFIB recognize that the country’s future depends on the continuing contributions of entrepreneurs. Small- to medium-sized businesses account for 98 per cent of all businesses across Canada, and with more than 19 per cent of owners planning to exit their business within the next five years, the Year of the Entrepreneur is a prime opportunity for Canada’s frontrunners to create entrepreneurial initiatives that will help move Canada into more prosperous times.

CFIB president Catherine Swift says, “The success of the small- and medium-sized business sector has contributed greatly to the economic and social success of Canada. As CFIB celebrates 40 years of defending small businesses, designating 2011 as the ‘Year of the Entrepreneur’ is definitely an occasion we should all be proud of.”

“Through this designation, the Federal Government has shone a bright light directly on entrepreneurship – demonstrating that our collaborative efforts to build a more entrepreneurial Canada are paying off,” says Vivian Prokop, CEO of the Canadian Youth Business Foundation. “This year, we will build upon this momentum to show the world that Canada is propelling economic recovery and growth through entrepreneurship.”

The official announcement was made  at Ryerson University’s Digital Media Zone (DMZ), a space where creative young entrepreneurs gather to innovate, collaborate and market their services and products. The announcement was followed by a tour of the facility, including an opportunity to meet with entrepreneurs from CFIB, CYBF and the DMZ as well as a pre-budget roundtable discussion with Ministers Menzies and Moore.

It is often said that we, as Canadians, do not celebrate our entrepreneurial successes enough. This is true of the Angel community as well. As such I want to challenge our entrepreneurial and Angel communities to take this year as an opportunity to stand up, thump their chests, and declare their successes this year, be they financings, companies securing new world class customers, or exits!

Reposted from National Angel Capital Organization

Throughout his career, both in Canada and the UK, Bryan J. Watson has been a champion of entrepreneurship as a vector for the commercialization of advanced technologies. Upon his return to Canada in 2004, Bryan established his venture development consulting practice to help emerging-growth companies overcome the barriers to success they face in the Canadian commercialization ecosystem.  Visit Bryan’s blog and the National Angel Capital Organization.


The RIC blog is designed as a showcase for entrepreneurs and innovation. Our guest bloggers pro vide a wealth of information based on their personal experiences. Visit RIC Centre for more information on how RIC can accelerate your ideas to market.

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By Bryan Watson

What was originally supposed to go from September 27, 2010 until the end of last year, the US Federal Government made a provision to further exempt any gains made from Qualified Small Business Stock until the end of 2011.

Qualified Small Business Investments are defined as follows:

  • Investments of individuals or partnerships in stock of a regular C corporation that has less than $50 million in assets
  • Stock that is purchased directly from the corporation and held for at least five years
  • The amount of gain under this law is limited to the greater of 10x the investment of $10 mio
  • At least 80% of the corporation’s assets must be used to carry on a business or to conduct research or start-up activities
  • Business cannot entail service, finance, mining, extraction, restaurant, and hospitality industries
  • If an acquisition is made within the five-year holding period, the tax rules allow investors to hold the stock of the acquiring company to satisfy the five-year holding requirement

This law provides for a 0% tax rate on 100% of capital gains as oppose to the previous law of being taxed for the first 50% or 75%, and additionally removes the gain from the Alternative Minimum Tax calculation.

This has provided a quick turnaround with respect to funds provided by angels to entrepreneurs, which in turn allow them to grow their businesses and add new jobs to the economy.  See article for further details.

Reposted from National Angel Capital Organization

Throughout his career, both in Canada and the UK, Bryan J. Watson has been a champion of entrepreneurship as a vector for the commercialization of advanced technologies. Upon his return to Canada in 2004, Bryan established his venture development consulting practice to help emerging-growth companies overcome the barriers to success they face in the Canadian commercialization ecosystem.  Visit Bryan’s blog and the National Angel Capital Organization.


The RIC blog is designed as a showcase for entrepreneurs and innovation. Our guest bloggers pro vide a wealth of information based on their personal experiences. Visit RIC Centre for more information on how RIC can accelerate your ideas to market.

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By Bryan Watson

The National Angel Capital Organization (NACO) is pleased to recognize the promotion of Paul Connor, its Communications Manager, to Executive Director of National Angel Organization – Ontario (NAO-Ontario).  Paul succeeds retiring President W. Daniel Mothersill, and his appointment initiates a process of renewal and preparation to realize the full potential of Angel investing in the Province of Ontario, while maintaining the experience and expertise that facilitated the deployment of more than $33 million in early-stage capital to Ontarian companies via Angel groups over the past four years.

Paul is a manager and corporate communications specialist who has had positions of escalating responsibility at the NACO over the past three years, becoming increasingly aware of the challenges and opportunities of organized Angel investing across Canada.  Bryan Watson,  Executive Director of the NACO, continues to serve as an advisor, having helped create NAO-Ontario’s Angel Network Program (ANP) in 2007.

“The Angel Network Program is a crucial link in the chain of capital and talent serving the early-stage enterprise development community across Canada.  In 2007, Ontario had almost no Angel groups and the lowest rate of Angel investment of any Canadian province.  That has changed for the better, and with Paul’s involvement I am confident Ontarian Angel capital will continue to grow,” said Bryan Watson.

NAO-Ontario Executive Director Paul Connor thanked the NACO for their support, stating, “The increasing attention of the news media and policymakers in Canada has clearly demonstrated that Angel capital’s time has come.  I am proud to help enable the continued growth and effectiveness of Angel investment, and I will stay focused on growing Ontario’s organized Angel groups, realizing their full potential to contribute to our future prosperity.”

Reposted from National Angel Capital Organization

Throughout his career, both in Canada and the UK, Bryan J. Watson has been a champion of entrepreneurship as a vector for the commercialization of advanced technologies. Upon his return to Canada in 2004, Bryan established his venture development consulting practice to help emerging-growth companies overcome the barriers to success they face in the Canadian commercialization ecosystem.  Visit Bryan’s blog and the National Angel Capital Organization.


The RIC blog is designed as a showcase for entrepreneurs and innovation. Our guest bloggers pro vide a wealth of information based on their personal experiences. Visit RIC Centre for more information on how RIC can accelerate your ideas to market.

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to FurlAdd to Newsvine

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