QReserve enters the Lion's Lair to compete for over $100,000
Hamilton, Ontario (June 12, 2015) —
QReserve is thrilled to announce that they have been selected as one of 15 finalists in the 2015 LiON'S LAIR competition. Presented by The Hamilton Chamber of Commerce and Innovation Factory, LiONʼS LAIR brings together the entrepreneurial community in Hamilton and gives local companies the opportunity to pitch their ideas to a panel of our city's top business experts — the "Lions" — for a chance to win over $100,000 in cash and in-kind resources.
"Everybody at QReserve is very excited for the opportunity to be a finalist in the 2015 Lion's Lair competition. I am very proud of our team who has worked hard to reach this achievement.", say QReserve Inc.'s CEO, Brandon Aubie. "We are looking forward to the tremendous learning opportunity this affords and the time we will spend with the other incredible finalists."
QReserve was selected to compete in this year's competition after their business plan was scrutinized by a series of industry professionals. This year, 15 ventures were selected as initial finalists from the pool of applicants. All 15 companies will go through training over the summer months, but five will ultimately be eliminated during a round of preliminary pitching. The final 10 will then move on to face the "Lions", which will include a 25-minute pitch and question session.
This year's panel of Lions includes: Mario Paron (KPMG), Tonia Jahshan (Steeped Tea), George McCarter (Pearson Dunn Insurance), Cheri Chevalier (Microsoft Canada), and Michael Macaluso (CARSTAR Automotive Canada Inc). You can visit lionslair.ca/the-lions to read their full biographies and learn more about their business expertise.
Each finalist will have their pitch evaluated by the Lions, who will determine business needs, impact on the community, commercial feasibility, and ultimately will decide which companies receives investments.
Over the summer, QReserve will partake in training sessions with the other 14 finalists, that will help them prepare for their pitch to the Lions in August. The pitches will be filmed by Cable 14 and presented at the LiON'S LAIR gala inside Carmen's Banquet Hall on September 30, 2015. This event will reveal the Lions' investment decisions live on stage.
LiON'S LAIR gala tickets will be on sale at http://lionslair.ca. The site will also be updated throughout the summer, providing up-to-date information on QReserve and the other finalists and their progression.
About QReserve Inc.
QReserve Inc. was founded in 2014 at McMaster University to help increase research collaboration opportunities between researchers, students, and industry through an open-access database of research tools, services and facilities. QReserve operates out of the McMaster Innovation Park in Hamilton, Ontario and has received generous funding from the Ontario Centres of Excellence, the Ontario Brain Institute, FedDev Ontario, and the Industrial Research Assistance Program (IRAP) from the National Research Council (NRC). QReserve.com
About Hamilton Chamber of Commerce
Representing over 1,000 businesses and institutions that employ more than 75,000 people in Hamilton, Ontario, the Hamilton Chamber of Commerce is the city's 169 year-old voice of business and thought leader in commerce. In addition to helping provide solutions to the day-to-day challenges of its member businesses, the Hamilton Chamber provides leadership on city building initiatives that are designed to stimulate commerce and increase prosperity in the community. HamiltonChamber.ca
About Innovation Factory
Innovation Factory is the Regional Innovation Centre for Hamilton in the Ontario Network of Entrepreneurs, leveraging funding and support from all three levels of government and the City’s top private sector and institutional partners. Their goal is to stimulate economic activity in this City by helping Hamilton businesses embrace the principles of innovation. A member of the Ontario Network of Entrepreneurs (ONE), they are focused on strengthening Hamilton’s next generation of job generators. InnovationFactory.ca
CEO, QReserve Inc.