Thursday, June 11
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A Business that Leaves a Smaller Environmental Frogprint, er, Footprint

Monday, June 8th, 2009
by uladmin

FrogBox, an eco-friendly moving company in Vancouver[FrogBox delivers its re-usable moving containers in a biodiesel truck]

This guest post comes from writer Jennifer Cockrall-King.

Dumpster diving and trawling liquor stores for (relatively) clean boxes are just two of the unsavoury realities of moving. And that’s not to mention the massive stack of used boxes that you have to drag to the recycling depot afterwards. A new Vancouver company named Frogbox has a greener alternative: stackable, rentable, ergonomic 70-litre (2.4 cubic-foot) boxes. The company will even drop off the boxes at your old place and pick them up — in its biodiesel truck — at your new place a week later. Genius.

The company, founded by 36-year-old Doug Burgoyne, is just over a year old, and so far only operates in greater Vancouver and Seattle. But this is a business idea with legs: Frogbox estimates that Vancouver residents use 450,000 boxes every month for moving just within the city; Seattle uses more than 1 million. The idea is to make money and cut back waste. Frogbox is also making its namesake’s habitat a little more comfortable by donating 1% of its gross revenues – related to the 1/1/1/ philanthropy trend [Ed’s note: see more in Unlimited’s July issue] – to frog habitat restoration programs in the Pacific Northwest.

FrogBox is currently franchising in other cities in Canada. Now if only they could figure out a way to make the rest of moving less painful.

Starting a Business in a Recession

Monday, May 18th, 2009
by uladmin

There’s been some debate about whether it’s better to start a company in a recession. Over on BusinessWeek’s Economics Unbound blog, Michael Mandel points out the difference between the people who start a business during in a downturn because they don’t have a full-time job anymore and people who are actually successful, comparing Gary Beach’s round-up of stats on Fortune 500 companies. To be honest, the stat that struck me most was this: The  U.S. has been in recession for 39% of its years. This could, some might argue, be applied to Canada.

Have you started a company in a recession? Do you work for a new company? Give us a perspective from the front-lines and post a comment.

Funding Your Start-up

Wednesday, May 13th, 2009
by Craille Maguire Gillies

I’ve met and heard about so many start-ups and entrepreneurs since I moved west last fall, and these are not people toiling in their basement on, say, homemade computers comprised of tinfoil, electrical wiring and melted yogurt containers. These are people lining up hundreds of thousands, if not millions, of dollars in funding.

There are lots of provincial and national groups that pitch in resources for start-ups. Here are the two that Innovequity, the company we are profiling over six episodes, turned to:

Precarn is a not-for-profit independent company that supports Canadian companies with pre-commercialization development.

AVAC, a Government of Alberta funding initiative with support from the federal government, invests in research initiatives and early stage commercial businesses.