Entrepreneurs

4 Ways to Scale Your Company (Right Now) with Hockeystick

Whether you’re jump-starting a business idea, launching your first startup or looking to scale your company, having the financial resources and the right investors are critical components to hitting milestones and reaching maximum growth potential.

According to a recent survey from Ernst & Young, out of more than 1,000 entrepreneurs surveyed, over two-thirds said they found it challenging to find the capital they need to grow.

Since the launch of Hockeystick Database last year, it has been used for research and collaboration to help companies scale. Hockeystick Database was built to fulfill our company’s vision of a completely open and free database that is accessible to all. 

Learn why we launched Hockeystick Database from our Founder. 

The database provides entrepreneurs with the research platform to search, track and analyze the companies they are interested in. It offers multiple features, including exporting search result lists to Excel or CSV formats for individual analysis and generating custom lists of organizations to your preference.

We've put together a step-by-step to demonstrate four ways Hockeystick Database can help your company reach the next stage of growth. Learn how to: 

  1. Find the right funder 
  2. Apply to an accelerator that works for you
  3. Search for government programs
  4. Stay one step ahead of your competition

 

Our Guide to Using the Hockeystick Database

Before beginning your search, determine which type of funding is right for your business.

What type of program or investor will provide your company with the right tools and resources needed for growth?

On our homepage, Hockeystick Database displays information widgets broken down by provinces, investor type, as well as resources that are available to your business. A full list of the funds and organizations can be viewed once a widget is clicked on, along with further filter options that you can choose from.

 

canada-map-dark-blue-companies-and-investors-by-provincedark-blue-widgets-by-sector 

Finding the Right Funder

As an entrepreneur, attracting attention from the right investors and program managers can be the most difficult aspect of starting a new company.

Let’s say you are an entrepreneur looking for venture capital funding in Québec during your scaleup stage of growth. Here’s how you can use Hockeystick Database to find the right funder:

1. Click on VC firms on the homepage dashboard

2. To filter your search to view only VCs in Québec:

    1. Click on ‘+’ at the top left of the page to add a search filter
    2. Click on: Name → Basic Info → Location → Set Filter
    3. Type ‘Québec’ in the search bar, or find the city, province/state or country through the drop-down menu

 

 

3. To filter your search to view VCs who also prefer businesses that are in the scaleup stage of growth:

    1. Add a search filter
    2. Click on: Name → Basic Info → Preferred Investment Stage → Set Filter
    3. Choose ‘Scaleup’ in the drop-down option of the search bar

This will lead you to a full list of your target venture capitals. Click on each name to view their company profile. You can even look through the involved parties section to see what type of companies the VC is mostly investing in.

 

Applying to an Accelerator That Works for You

Accelerators play an important role in improving a startup’s outcomes, but not all accelerators are created equal, that’s why finding the accelerator that is right for you is key.

Say you are an entrepreneur looking for accelerators in Toronto to further grow your biotechnology startup. Here’s how:

1. Click on Accelerators on the homepage dashboard. This will lead you to a result page of all accelerators within our database

 

database-of-accelerators-incubators-public-data

 

2. To filter your search to view only accelerators in Toronto:

    1. Add a search filter
    2. Click on: Name → Basic Info → Location → Set Filter
    3. Type ‘Toronto’ in the search bar, or find the city, province/state or country through the drop-down menu

 

database-accelerators-incubators-in-toronto-public-data

 

3. To filter your search to view accelerators who prefer businesses that are in the startup stage of growth:

    1. Add a search filter
    2. Click on: Name → Basic Info → Preferred Investment Stage → Set Filter
    3. Choose ‘Startup’ in the drop-down option of the search bar

 database-accelerators-incubators-in-toronto-startups-public-data

 

You now have a full list of target accelerators. You can click on each company name to view their profile page. The company profile contains basic information like year founded, a brief summary and social media handles.

If you go to the program info page, you can see the different programs that the accelerator offers. Read the program description to see which one interests you and would fit your company. To apply for a program, simply click on the application link provided.

 

database-accelerate-okanagan-technology-association-public-data

 

A Simpler Way to Search Through Government Programs

Government funding is another source of financial leverage that can help entrepreneurs grow their companies. However, the process of applying for government funding can be both complicated and intimidating.

A study found that 43% of entrepreneurs say finding the right investor remains the biggest challenge facing their startup, and more than half haven’t accessed government grants.

With over 569 government programs on our database, there’s a variety of programs to fit your business’s needs.

Let’s say you own a fintech company.

To find a list of government programs that may interest you, click on Government on the homepage dashboard. To view available federal governments, simply create a filter for locations in Canada.

If there are too many options you can narrow down your search to view only provincial government programs by changing the location filter again.

 

database-government-ontario-public-data

 

Know Your Competition

Knowing your competitors and what they have to offer allows you to stay one step ahead and helps you clearly define your value propositions.

With Hockeystick Database, you can view all of the basic information your competitors have on their profile, including a description of what they do as well as their social media handles and involved companies.

 

database-basic-info-Blanc-Labshockeystick-database-scale

 

To begin researching your competitors, go on to the “Advanced Search” tab under the search bar on the homepage.

Create new filters depending on what aspects of your company you want to compare with others. If you own a Toronto-based startup analytical company, set filters based on the vertical, location, and company stage.

 

Getting Your Company on Hockeystick Database

Getting your company profile onto the Hockeystick website offers numerous benefits, including greater exposure and visibility. Your data will help us continue to improve our ecosystem, generating meaningful insights and better returns to further your company’s growth.

To begin the process of adding your profile, reach out to us at support@hockeystick.co.

 

database-abc-group-public-data

 

After your company has been approved by our highly-skilled data team, you can build your company’s profile and continue to update your page. Every entity on the Hockeystick Database owns their data and has the exclusive right to modify it.

 

“Our vision is to provide the most complete, accurate and up-to-date view of the entire private market,” Raymond Luk, Founder and CEO, Hockeystick.


In this constantly evolving world of tech, we are dedicated to continuing to deliver powerful data analytics, insights and tools for entrepreneurs at every stage of growth.

 HS_Database_CTA-start-scaling-now

Subscribe

to get more from Hockeystick.

Keep exploring Entrepreneurs

4 Ways to Scale Your Company (Right Now) with Hockeystick

Are you an entrepreneur looking for funding and support so your company can hit its next big milestone? This step-by-step guide to using Hockeystick Database will show you exactly how you can find the right funders, grants and accelerators to scale your company.
Read More

A New Startup Ecosystem Map for the Toronto-Waterloo Corridor [Infographic]

The Toronto-Waterloo startup ecosystem is the second largest technology cluster in North America, but the support available to companies can be difficult to navigate. That's why Hockeystick created an infographic that entrepreneurs can use to better understand what services are available to them.
Read More

Women in Tech: How Determination, Her Inner Voice, and Michelle Obama Helped This Entrepreneur Succeed

Techpreneur Catherine Mahugu is changing the way goods are exchanged between producers in the developing world and global consumers. We sat down with Mahugu for International Women's Day to discuss the barriers women in tech still face and the importance of gender equality and fairness.
Read More