🏒 Oil rises to the top, at least when it comes to hockey

🔔 Your campaign updates feed

• CPI Capital is sharing a behind-the-scenes look into its due diligence process for the property and what’s next for property improvements.

• Uproot is opening up their farmer’s markets for the summer but at the same time, closing their FrontFundr campaign next week! Be sure to check out their page before they come down.

👀 Upcoming event

We’re hosting a virtual demo day with five currently-raising companies and upcoming launches where they pitch the business and you ask the questions.

You’ll be hearing from:

📱 Dan Novaes, Founder of Mode Mobile
🌱 Mitchell Scott, Founder of The Better Butchers
🌽 Mark Cooper, CEO of Prairie Clean Energy
⚗️ Nathan Flim, Founder of The Fort Distillery
🍁 Jackson Wyatt, CEO of CABN

Mark Wednesday, June 26th in your calendar and register for the event here.

✍ What’s on our mind?

In case you blinked and missed it, the hockey universe witnessed an incredible event— the Edmonton Oilers clawing their way into the coveted Stanley Cup finals. Picture this: the last time a Canadian team graced the finals was back in 2021, and before that, it was a distant memory from 2007. As for Canada’s last triumphant cup hoist? Well, that goes back to 1993. Yeah, we’re long overdue for another win.

The Oilers’ return to the Stanley Cup finals marks their first appearance since 2006. But many still reminisce about their four-cup streak during the glorious 1980s rounding out their reign with a fifth win in 1990.

But hockey is a large part of Canada for more than just goals and penalties — it’s about dollars and cents. During the 2022 NHL playoffs, when the Oilers clashed with their inter-provincial rivals, the Calgary Flames, in what was deemed a monumental “Battle of Alberta,” Edmonton restaurants saw a 233% surge in spending in Game 3, according to a study by Moneris.

Rogers Place is also considered one of the most prosperous arenas in the NHL and in Edmonton, considered the heart of the ICE district, the sports and entertainment hub of the city, second largest in North America, only behind Hudson Yards in New York.

$2B in investment turned a vacant space of parking lots into the ICE District including multiple levels of retail with shopping and dining, office space, a casino, residential condos, and a JW Marriott hotel, not to mention a 69-floor tower for condos and office space.

So really, what we’re trying to say, is hockey is more than just a game and the ICE District is more than just a place; it’s a chapter in both Canadian hockey and business history.

☕ Our coffee reads

• Rea is reading: about how Kevin O’Leary wants to buy TikTok through crowdfunding. Time to pitch FrontFundr in the Shark Tank.

• Trieste is reading: and planning the next vacation. No need to worry about spreadsheets and thousands of tabs open because AI is ready to do the heavy lifting.

• Jyoti is reading: and considering quitting Instagram cold turkey. Especially now that they’re thinking about introducing unskippable ads.

👋 Founder Feature

Isaac Bosquet and Olivier Sassine | DameSara

“As immigrants, we understand the need when people want to have products from their home countries. We started as a B2C business to serve this demand. During COVID, we started to receive orders from restaurants, and from B2C, we were able to grow into B2B, providing these restaurants with dry, imported goods. In a survey with the Business Chamber of Montreal, we found that 900 ethnic restaurants in Montreal were creating the demand. This is where we saw the opportunity to go beyond dry food to provide frozen food and fresh products.”

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• Have you invested FrontFundr recently? We want to hear about your experience! Consider heading to our Trustpilot site and let us know how it went.

• Missed the Boast webinar last week? No fear, we have the recording available for you here. See what industry experts say about the funding landscape and available capital options for entrepreneurs.