LIONS ANNOUNCED FOR 2016 LION’S LAIR COMPETITION!

· by Huzaifa Saeed

The Hamilton Chamber of Commerce and Innovation Factory are excited to announce the five Lions for the 2016 LiON’S LAIR Pitch Competition. For the first time, the panel features three women – including two well-known Hamilton entrepreneurs. Four Lions from the 2015 contest are returning: Mario Paron (KPMG), Michael Macaluso (CARSTAR), Cheri Chevalier (Microsoft) and Tonia Jahshan(Steeped Tea). Julie Ellis (co-founder Mabel’s Labels) is new to the Lair this year.

“With the recent naming of Tonia Jahshan as Canadian Business’ Top Female Entrepreneur, and Julie Ellis coming from Mabel’s Labels who were just acquired for $12M, we have Hamilton’s female entrepreneurs incredibly well represented. Women entrepreneurs are a fast-growing segment in Canada’s economy and we’re thrilled to be representing that with this year’s panel,” says David Carter, Executive Director at Innovation Factory.

Dr. Nick Bontis, award-winning business professor at McMaster University, will also return as the event emcee. “It says a lot about this event and what if offers the entrepreneur ecosystem that we have so many of Hamilton’s key business figures coming back to participate, year after year, “ adds Carter.

Applications for the competition closed April 29. The 35 companies who applied are waiting to hear whether or not they made it through two tough rounds of business plan judging to be part of the top 15 start-ups who will go through summer training. The first 15 finalists will be announced during the first week of June. In August, five more companies will be eliminated and 10 finalists will win the opportunity to pitch to the Lions for the chance to take home over $100,000 in cash and in-kind prizing.

Winners will be revealed at the September 29 gala event at Carmen’s Banquet Centre. Tickets go on sale in mid-July – watch lionslair.cafor details!

About Lions Lair: LiONʼS LAIR is an annual competition presented by Innovation Factory and the Hamilton Chamber of Commerce, which brings together the entrepreneurship and innovation community in Hamilton. The competition gives 10 companies the opportunity to pitch their ideas to a panel of our city’s top business experts – the “Lions” – for a chance to win over $100,000 in cash and in-kind resources!

For more information please contact: Marie Nash | Communications and Events Manager | Email | t: 905-522-1151 x245