Tom O’Flaherty Business Series

MISTIC, the Mid-Island Science, Technology, and Innovation Council, is hosting a four-phase Access to Capital Program developed and facilitated by Tom O’Flaherty, former president of Bedford and Richmond Software (Maximizer). Is your business stalled by lack of capital? Is money the only thing standing between you and a major breakthrough? Those who participate in this session will have a rare opportunity to hear one of British Columbia’s most successful entrepreneurs explain how to overcome financing challenges and move their company to the next level. Now is the time to learn how to access outside money. Preparation is key!

The topic of Phase 1 is Accessing Money: How to Beat the Odds. Tom will share his and others experiences of overcoming financing challenges to grow very successful companies. This session will include who and what are the main sources of financing; what does each source of capital look for in an investment; and how to match up your business’s needs with suitable financing options. This session will be from 10 am to noon on Monday, March 1, 2010, at the MISTIC office, 150 Commercial Street, Nanaimo, BC. The $30 fee includes a comprehensive resource workbook.

Phase 2 is titled Becoming Investable. This program is for entrepreneurs who have identified that they are ready to access outside money. This session will provide entrepreneurs with information that will assist in the preparation for presentation to access outside funding including venture capital. The prerequisite for attendance is Phase 1; however, if you feel you are ready to attend without the prerequisite, call the MISTIC office at 250-753-8324 to make your case. Phase 2 is from 12:30 to 3:30 pm on Monday, March 1, 2010, at the MISTIC office. The cost is $50 including a comprehensive resource workbook and access to all services offered in Phases 3 and 4.

Phase 3 is individual assistance including one-on-one coaching from MISTIC Business Mentors / Coaches, to work with the business owner to develop a properly prepared plan. You will utilize the information that you receive from the workshops to assist you with your business plan development and presentation. If you wish, a review panel made up of successful business proprietors will vet and provide feedback regarding your business plan and investor presentation. Phase 4 involves qualifying appropriate British Columbia-based sources of capital and identifying those with an interest in receiving screened and qualified proposals from businesses located within the MISTIC region.

For more information or to register, contact Chelsea at the MISTIC office, 150 Commercial Street, Nanaimo, BC V9R 5G6, Canada, tel. 250-753-8324, toll free 1-877-664-7842. The $80 you spend to attend these sessions could be your most profitable investment this year!