Budgeting Your Startup: A Panel

How to take your plan from an idea to a profitable business model? For our fifth @Tech_in_motion we're hosting a startup budgeting panel. Come out to gain some insight into the thought process of venture capitalists, business accelerators, and successful entrepreneurs. The second half of the discussion will be driven by audience questions. As always, food and beer is on us!

6:30-7:00PM - Food, drinks, and networking
7:00-7:45PM - Moderated panel discussion
7:45-8:30PM - Audience driven questions


A. Traviss Corry of INcubes Business Accelerator

Since the birth of internet commerce, Traviss has helped hundreds of ICT business' structure their companies, develop technology, & raise venture capital; from startup to acquisition, from seed to IPO, as well as having directed digital media campaigns as high level as a candidate for Prime Minister of Canada. With deep experience in Web, App, Software Development, and Investor Relations, backed by a Swiss Business Degree, Traviss’ tech ability combines with competitive business instincts.

Traviss is a co-founder and the Managing Director of INcubes, one of Canada's leading early-phase internet business accelerators. At INcubes he mentors startup teams towards product launch and the raising of investment capital. Traviss advises ventures on their business development and technical development plans, as well as the due diligence and other process needed to raise venture capital and other seed financing.

Chris Carder of Kinetic Café

Chris Carder is no stranger to building great companies having Co-Founded ThinData in 1995 and growing that business to become the largest email marketing company in Canada. After TC Media (Transcontinental) acquired ThinData in 2008, Chris continued on to double the company's revenues in only 2 years and grew his team to 110 digital marketing and technology professionals: serving clients such as Aeroplan, Air Canada, Shoppers Drug Mart, Bell and BMO.

Immediately after leaving TC Media in 2010, Chris teamed up with David Dougherty and Gary Fung to create Kinetic Cafe & Kinetic Startups - where they and their team of 25 amazing innovators, designers and technologists help enterprises and startups conceptualize, design and develop breakthrough new digital & mobile products and services.

Mark Ruddock of Wonga Canada

Mark Ruddock is a serial entrepreneur with two successful exits and over 10 years of experience at the helm of VC backed technology startups. Mark was recruited by Wonga in November 2011 as CEO of Wonga Canada. In 2007, after a stint as entrepreneur in residence at Ventures West, he was hired as CEO of Viigo, where he raised $6MM from RBC and Ventures West and went on to build one of Canada's fastest growing mobile startups. When Viigo was acquired by RIM in March 2010, the company had hundreds of partners, won numerous awards, and been downloaded over 3MM times.

Prior to that Mark was Founder and CEO of INEA, a software company focused on the Financial Services Industry. At INEA he helped build a fast growing organization that was a key strategic partner to many of the world's leading financial institutions. After the acquisition in June 2005, by Cartesis, joined the Paris-based management team as Chief Product Officer, and led the successful integration of the two companies.

Vicki Saunders of SheEO and What's Next

Vicki is founder of SheEO, a program for women entrepreneurs that supports the next generation of women-led social ventures to lead from their strengths on their own terms. SheEO is planning on launching in 6 cities in 2014. Vicki is also co-founder of WhatsNext, a global network of leading entrepreneurial talent focused on solving major challenges for business, education, NGOs and governmental institutions.

Most recently Vicki’s passion to create a strong ecosystem for social entrepreneurs in Canada has her advising MaRS (Canada’s leading innovation centre), the Office of Social Enterprise with the Ontario Government and Ryerson University with the aim to drive wealth creation and positive social change in Canada and beyond.

Moderated By:

Mark Reale

As the Community and Culture Partner at BNOTIONS, and the Co-Founder and Director of The YMC, Mark’s focus is to bring the most efficient and innovative technologies to his clients and to share these tools and techniques to the community at large.
Beyond BNOTIONS and the YMC, Mark has also spent time as a Professor of Electronic and Print Publishing at Seneca College, and Co-Founded LeanCoffeeTO, a weekly Meetup for Entrepreneurs to discuss lean methodologies and efficient business practices.

Interested in reaching over 15,000 engaged techies? Contact Rebecca or Justin for sponsorship information.

Join or login to comment.

  • Vitalis A.

    Very positive!!! Am glad I went..

    1 · November 23, 2013

  • Nizam

    what is the link to the live feed for today's meetup

    1 · November 21, 2013

    • A former member
      A former member

      If you do, the speakers may not be as forthcoming. You may be better off not taping them.

      1 · November 22, 2013

    • Nizam

      Hey Rebecca, I am working on a new start-up, with our product you will be able to do this live video meeting. At the same time I agree on Suzy's point of view. But for people who can't make it to the city from Milton, Cambridge or any other city where compute time is really too much. Most of the meeting times are in the evening and it is traffic time.

      November 22, 2013

  • Elan M.

    One of the best meetups I've been to. Tons of great info. And stories speakers shared were truly genuine and valuable experiences.

    November 22, 2013

  • Adnan H.

    First TiMT meetup, now hooked! Panelists, please start blogging. Organizers, do more of that. Techies, (post) conversations were good fun. Look forward to seeing everyone again.

    1 · November 22, 2013

  • Andrejus C.

    Thanks Tech in Motion for a great event and great choice of speakers! Once again they emphasized the importance of finances and budgeting for startups, which all grows up from the streamlining of your basic day to day bookkeeping. On this note, could I ask startup founders to take 2 minutes and fill out this survey to get more understanding of how they keep the books now? Survey link: https://www.surveymonkey.com/s/HB8Y3RC

    Your responses would be greatly appreciated!

    November 22, 2013

  • Serge B.


    November 22, 2013

  • A former member
    A former member

    Great stories. Looking forward to the next event.

    November 22, 2013

  • Chris M.

    Fantastic panel - really appreciate the time they put in for this event! TY

    November 22, 2013

  • Thien

    The panel was very informative and insightful. Thank you for taking the time to share your experiences with us.

    November 22, 2013

  • Feng L.

    Was greate, my name tag stayed on the whole time this time.

    1 · November 21, 2013

    • Rebecca B.

      Hahaha. Small victories!

      1 · November 22, 2013

  • Vitalis A.

    Is anybody here that will be kind enough to spare 5 mins to give some WordPress ecommerce advice...,?

    November 21, 2013

    • Jean-Philippe

      If you email me I could most likely point you in the right direction.

      November 21, 2013

    • Vitalis A.

      Number I sent was wrong, typo. My number is[masked]

      November 21, 2013

  • Henri H.

    MADE IT!

    November 21, 2013

  • Jack C.

    Front-end web developer

    November 21, 2013

  • Tanbeer B.

    Tech Networking is savvy!

    November 19, 2013

  • Nizam

    I will be happy to share my silicon valley start-ups experience.

    November 18, 2013

  • Alex B.

    Amazon Web Services partner based in Toronto.

    November 18, 2013

  • Pdx

    Twiddling thumbs in the waitlist...

    November 18, 2013

  • Betty

    tech junkie...starting a business.

    November 18, 2013

  • Aman M.

    Unfortunately gonna miss this one... got a last minute booth at CIX. If anyone else is attending, swing on by and say 'hey'!

    1 · November 18, 2013

  • Aran Hamilton "AranH on t.

    would love to but I'm at CIX. Next time!

    November 17, 2013

  • Chris M.

    When an idea gets me excited... I've been known to get others really excited!!!

    November 10, 2013

  • Dane R.

    looking forward to some great content!

    October 29, 2013

  • Jack C.

    Front-end web developer

    October 28, 2013

  • Vitalis A.

    Am in...

    October 27, 2013

  • Luis Z.

    Freshly minted web developer from the Bitmaker Labs.

    October 25, 2013

  • Jeremy

    Event changed to my birthday, I was in for the 13th but not the 21st. Have fun everyone, hopefully I can get out next time!

    October 24, 2013

  • Michel F.

    Count me in

    October 14, 2013

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We just grab a coffee and speak French. Some people have been coming every week for months... it creates a kind of warmth to the group.

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