The organizers on Wednesday announced the 18 companies that will pitch at its event in Montreal on May 1. The list includes BlueLight.
The Fundica Roadshow is an annual competition open to startups from across the country, with a cash prize being given to the winner from all the roadshows. The prize this year is a maximum of $500,000 in cash.
The organizers this year have announced pitching events only in Toronto, Montreal and Vancouver and offered to cover the travel costs of three companies not based in those cities. Atlantic Canadian companies could apply for one of these packages to attend the Montreal event, and BlueLight was the only company accepted.
Growing out of research at Dalhousie University, BlueLight began about eight years ago to solve a problem with the lights dentists use to cure resin. These lights vary greatly, and each model has to be used for just the right amount of time to cure the resin properly.
BlueLight developed the checkMARC system, which can test and identify the efficacy of a dental office’s curing lights. It has partnered with industrial giant 3M Corp. to greatly expand the startup’s sales power in the U.S.
Last year, the Fundica Roadshow brought together over 150 startups, 2000 attendees, 132 funders, and 125 partners, making it the largest pitch competition across Canada. The 2017 competition included a stop in Halifax, at which the regional winner was Halifax-based Grey Lit Matters.
This year, the pitching competitions will be head in Montreal on May 1, Vancouver on May 31 and Toronto on June 28. As many as 20 entrepreneurs will be selected to pitch in each city. The top pitchers in each city will win prizes and an invitation to the Finale in Montreal on July 12. The winner of the Finale will have a chance for investment of up to $500,000 from Panache Ventures.