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Wave has hatched a platform connecting artists with their fans and using a crowdfunding approach to shows to make it easier for bands to tour where they have a following. Toronto is the litmus test.
Consumers are becoming more and more engaged. They want to buy local, from ethical companies with social and environmental aims. They want that transparency, and they want to help to improve our society. This change is also apparent in the banking system, where social enterprises are expanding in Canada and elsewhere; this industry has also seen the emergence of several non-traditional banking models across the planet. A good example is Triodos, a bank in the Netherlands that did not lose a penny through the economic crisis of 2008, as a result of investing solely in the impact economy – that which has a direct impact on the community — rather than the financial economy.
ventureLAB client Eve Medical is crowdfunding for Eve Kit, a convenient, accurate way to screen for HPV and STIs from home. So far the company has raised over $11,000!
Kyle George, the CEO and co-founder of Henlen, an Oshawa-based startup that’s developed a smartwatch with interchangeable bodies, says it all started with a broken smartwatch.