The monthly TecSocial casual networking event for anyone interested in technology will be held this Thursday at the Peking Restaurant on Charlotte Street in Sydney from 5-8pm. The event will, for the first time, take the form of a “Start-up Clinic” where representatives from a pre-selected local company present their business plan to and receive feedback from a panel of experts and the audience over an informal dinner. The panel acts as a Board of Directors for an evening and provides feedback and potential solutions to challenges faced by early stage entrepreneurs based on their own professional experiences and expertise. This gives the company the opportunity to fine tune their presentation before pitching to potential funders.
This month’s presenter will be Joe Menchefski of Billdidit Inc., who are developing a product line of music industry accessories, including the innovative and patented Coady Clutch, the world’s first passive hi-hat drop clutch that allows drummers to engage and disengage their hi-hat cymbals during live performances. The prototype versions of the clutch manufactured to determine if there is a market for the Coady Clutch have received rave reviews from some of the world’s foremost drummers who incorporate two bass drums into their drumkit.
BillDidit Inc. recently placed second in the Cape Breton Zone in Nova Scotia Business Inc’s most recent I-3 Technology Start-up Competition and received $40,000 in a combination of cash and in-kind business building services from professional services firms. Finalists were evaluated based on business plan credibility, management experience, high barrier to competitive entry, large addressable market, and the probability of obtaining a fully funded business plan.
The Start-up Clinic promises to be a lively and interactive evening where everyone in attendance can come and learn from the experts on the panel, the start-ups and the audience. The business challenges discussed are those encountered by most any aspiring entrepreneur—including financial, marketing, application of technology, operations, management, growth, diversification, and more.
Seating is limited, and pre-registration is required. A registration fee of $10 is payable in cash at the door to help offset the meal cost. To reserve your space visit www.tecsocial.ca