For Science and Technology Industry Entrepreneurs and Start Up Companies
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Blog

30 Jun “Crawl, Walk, Run”

As MTA heads into summer, we do so reflecting on 5 years of hard work.  While now recognized as one of Canada’s leading BIAs this path has not been easy and historically we have always been 4 months away from closure.  However, thanks to our BOD, the amazing crop of clients and successes we are now experiencing the incubator is becoming more of a stable organization as we follow our “crawl, walk, run” philosophy....

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22 May Experts Helping Founders

Recently we have been communicating the MTA model to more external audiences.  Not the “commercialization pathway” but instead the role of experts to help the founders.  The concept of putting people into their highest and best use and ensuring a team is in place to help drive the company forward.  As we communicate this message I have been reminded that this is a powerful tool that BAIs can provide to help clients move forward....

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30 Apr Momentum

This month we experienced some great client progress, including a client almost doubling their targets from a Kickstarter campaign, and another client beta testing a new business process for online customer acquisition with a ratio of $1 spending equalling $800 of new revenue in a scalable model.  The cover page for the Globe and Mail’s report on business featured MTA’s high growth clients and spoke about the rise of Winnipeg’s economy wherein MTA was a...

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24 Mar Gains

MTA gains great clarity with the focus that comes from stating clear metrics. At the end of the government fiscal year we compare ourselves against the targets we set. Having the ability to know “the finish line” is useful in determining the activities and supports we provide through to our clients....

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26 Feb The Leap to 5 Alpha Users

This month I was in China looking to find alpha users for a new technology. We had pre-clinical results, a good business model and compelling value propositions. However the one thing which was most powerful was a network. China is relationship based. Having a Big Brother Alliance with a respected individual who shared access to his network enable us to be successful. We now have 5 solid alphas, including two of China’s top hospitals. The...

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29 Jan Laser Focus

Incubators and accelerators are now springing up over Canada. One thesis is organizations are slapping that label on in an effort to attract public funding. If there is a message here it is the obvious one. Build an organization that adds value to start up companies. Never loose your laser focus on helping start ups. Deliver on that promise and financial support for your organization will be ensured....

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22 Dec Start-Up Central District

Today, the Manitoba Technology Accelerator (www.mbtechacclerator.com) is announcing ambitious expansion plans to relocate to 136 Market Avenue and work to create central Canada’s most powerful technology start-up district. Effective Dec 23rd, MTA and MTA’s clients will relocate and assume ~45,000 square feet of space in the Start-Up Central District. Marshall Ring, CEO of MTA communicated that “MTA clients have been on an incredible growth trajectory for the past 18 months. About every 6 months we were...

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29 Nov Key to Success

Building Start-Ups is an art. There are core elements involved and fundamental principles, but the application of those are up to the practitioner. A key approach used by MTA to only get involved with good people. We want to work with people who want to do good for others without ever expecting anything good back. This idea of dealing with mensch’s (as referenced by Guy Kawasaki in Art of the Start) has resulted in a...

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31 Oct Location, Location, Location

MTA recently attracted a client who was located in a large Canadian city but moved to Winnipeg. A key phrase in the decision was that after a small project, the client realized that they could get 300% the production, at 80% the cost and 10% the headache in Winnipeg versus their other location. Sometimes the temptation is to think that the smaller cities cannot compete against the larger ones. But that’s just laziness talking. Malcom...

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30 Sep A Village

Building a start-up culture is not a job for one person or one organization. Instead, just as it takes a village to raise a child, it requires a community to raise a start-up. What’s encouraging here is the emergence of local mensch’s dedicated to doing just that. Innovation Alley is now a recognized term in our city and it is not because of the institutions here, but rather the people who champion for start-ups. There...

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