Comments on: A Business Chef Specialized in Startup Cuisine

By: The Hyper Team @ Venture Hype

The Hyper Team @ Venture Hype — Mon, 26 Oct 2009 14:14:35 +0000

Great to hear that you too have an excellent experience with InNOVAcorp. Sounds like they have a friendly and approachable team on staff. We'd love to meet them one day.

By: The Hyper Team @ Venture Hype

The Hyper Team @ Venture Hype — Mon, 26 Oct 2009 07:14:35 +0000

Great to hear that you too have an excellent experience with InNOVAcorp. Sounds like they have a friendly and approachable team on staff. We'd love to meet them one day.

By: Sandra Cochrane of NBIA: Commercialization Strategies for Tech Startups | Venture Hype

Fri, 23 Oct 2009 04:02:34 +0000

[...] you might want to subscribe to the RSS feed for updates on this topic. Font Size: + | – In our recent interviews with InNOVAcorp’s CEO Dan MacDonald, we briefly touched upon go-to-market strategies and business incubation programs. To continue with [...]

By: rolandswiftmorswiftmachines

rolandswiftmorswiftmachines — Tue, 20 Oct 2009 16:30:21 +0000

Roland Swift is my name and MorSwift Machines is my company we build packaging machine. i must say that with out the help of inova corp there is no way our company would be where it is to daywith the mentoring and all the other things that they did for us is a list to long to mention and as far as Dan macdonald go goes ive never met a more stright up guy in my life he calls a spade a spade and you might not like what he says all the time but in the long run your much better off taking his advice because he knows his stuff he been there done that and speakes from experance i must give the hole staff there a big pat on the back because there doing a bang up job and here at MorSwift we rely on there knowlege and we give a big thank you cheers guys
best regards Roland Swift

By: InNOVAcorp: This Is How a Notable Incubator Is Run | Venture Hype

InNOVAcorp: This Is How a Notable Incubator Is Run | Venture Hype — Thu, 15 Oct 2009 18:01:36 +0000

[...] A Business Chef Specialized in Startup Cuisine, we briefly introduced InNOVAcorp, a business incubator whose incubation model has been recognized [...]

By: Anthony_Hall

Anthony_Hall — Thu, 15 Oct 2009 15:49:14 +0000

Obviously there are many sides to the InNOVACorp story. Glad it worked out for you – for others it hasn't! Good luck – and long may it last.

By: The Hyper Team @ Venture Hype

The Hyper Team @ Venture Hype — Thu, 15 Oct 2009 15:40:38 +0000

Thanks for your comment Darren! We'd also like to add that Dan is an excellent interviewee anyone could ask for. He's extremely friendly and he was quick to respond to our follow-up questions. He made things very easy for us and it was such a pleasure to interview him!

By: darrengallop

darrengallop — Thu, 15 Oct 2009 14:52:54 +0000

I have been dealing with InNOVAcorp for nearly 2 years so far and from my experience, I have only good things to say. They have been extremely helpful from the business planning stage, financing and equity attraction and go to market. There is no question that my company would not be where it is today without the help of InNOVAcorp. I spoke to several other companies in my community that have worked with InNOVAcorp over the years and from what I can gather they have had similarly positive experiences.

By: Anthony_Hall

Anthony_Hall — Wed, 14 Oct 2009 21:42:22 +0000

Well as a puff piece that's all nice – the reality is very different to many of the small companies that have got involved with InNOVACorp (and their too regular federal partner BDC).

The problem is they too often try to act like bankers and equity investors at the same time. The positions are incompatible. The inherent risk aversion of the 'bankers hat' gets in the way of the necessary innovation, flexibility and quick responses necessary with high risk ventures. At the first sign of trouble they start acting risk averse – but when times are good they act like they invented the business and get in the way of new money because they don't want their equity 'kicker' diluted. This even if they are holding debt, and their only equity stake is the 'kicker'.

Sycophantic tub thumping around an award no-one has ever heard of from an organisation no-one has ever heard of smacks of incubator navel gazing – and in this case the incubator is full of mouldy petrie dishes.