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How the DMZ is making it possible for founders from anywhere around the world to start and build a global business

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Monthly Archives: November 2021

How the DMZ is making it possible for founders from anywhere around the world to start and build a global business

5 continents, 40 countries, 1000 startups and growing…


While the DMZ’s roots may have originated in the heart of downtown Toronto, our presence today is felt
globally

We’ve transformed into an international powerhouse by revolutionizing the global startup ecosystem and empowering our startups to break into global markets and produce results worldwide.

So, how exactly have we created our international ecosystem of DMZ-powered hubs? 

We’re glad you asked. 

By championing global collaboration, we have created a vast network of satellite offices and international partnerships. 

Today, entrepreneurs from around the world have the ability to access DMZ programming, but with the networks that have a deep understanding of their local ecosystem, country and economy.  

When asked to raise the bar, the DMZ didn’t just think bigger — we thought global.  

DMZ programming is making it possible for any entrepreneur from anywhere around the world to start a business. We have had the privilege of supporting founders, and the trailblazers who support them from over 40 countries, including Egypt, the United States, Haiti, Brazil, Czech, Turkey, England, China and much more. 

We recently caught up with some of our founders from around the world to learn more about their local ecosystem and how the DMZ community is helping them reach global success. 

AMMAN, JORDAN

The DMZ supports programming for women entrepreneurs for Jordan’s Company Start-Up Program, which provides university and college students with hands-on experience and practical training in business and product development and management. 

Luma Al Adnani is the CEO and Co-Founder of Adam Wa Mishmish, an educational cartoon created for children to learn and love the Arabic language. A graduate of the DMZ’s ‘Launching Economic Achievement Project for Women in Jordan’ and the DMZ’s Pre-Incubator — Adam Wa Mishmish is currently a DMZ Incubator company, signalling its significant growth these past few years.

Luma Al Adnani. CEO and Co-Founder of Adam Wa Mishmish

From day one, Adam Wa Mishmish has been an international business. With arabic-speaking people all over the world, those living outside of the Middle East are Adam wa Mishmish’s target users.  

Luma explains that a majority of the startups in the Middle East strive to make it on the global stage, and being accepted into DMZ’s Incubator program was a dream come true for the company. 

“Limiting oneself to one ecosystem, city, country or region is a disservice. Our team is thrilled to be a part of the Incubator program, as it will allow us to better understand our target markets. 

The DMZ team and mentors have opened us up to entirely new ideas. With their help, we’ve been able to organize ourselves, set goals and achieve them. We know we are better equipped to handle whatever the future holds in store for us, and achieve global success.”

“Limiting oneself to one ecosystem, city, country or region is a disservice. Our team is thrilled to be a part of the Incubator program, as it will allow us to better understand our target markets.”

HO CHI MINH CITY, VIETNAM

Zone Startups Vietnam operates under DMZ Ventures and is an international startup accelerator program empowering Vietnam’s tech leaders.

Anthony Ho is based in Ho Chi Minh City, Vietnam and is the Founder and CEO of EI Industrial, Vietnam’s first B2B e-commerce platform for construction. 

After living abroad and working for multinational tech companies, Anthony realized Vietnam had what it takes to be a competitive tech ecosystem and was determined to contribute to the country’s technological revolution. 

Anthony Ho, Founder and CEO of EI Industrial

Vietnam’s startup ecosystem has only recently begun to flourish. Anthony highlights that 5 years ago, there was no mention of startups in the business world — the ecosystem was nonexistent. 

“Today, it’s a different story. The startup ecosystem has developed quickly, with various organizations looking to boost the startup community. We’re really beginning to thrive, as more and more Vietnamese startups achieve success.” 

Anthony stresses the importance of harnessing a global mindset as an entrepreneur, and credits the DMZ community for helping him expand his network and connecting him with international and regional venture capitalists to help fuel his company. 

“I joined the DMZ community in July of 2020, after a business model restructuring. I can confidently say that without this community, I would not be where I am today with my business — and for that, I’m grateful.”

 

INNISFIL, ONTARIO

In partnership with the town of Innisfil, DMZ Innisfil is a collaborative program designed to help entrepreneurs succeed personally and professionally.

The Co-Founder and CEO of Opsware, Peter Barbosa has a proven track record as a serial entrepreneur and specializes in regulatory technology and data privacy. His company, Opsware, is a no-code data privacy technology platform built for modern enterprises. 

Peter Barbosa, Co-Founder and CEO of Opsware

Peter highlights that data privacy is a global problem companies are trying to tackle. Although laws typically emerge at a state or federal level, a new wave of emerging privacy laws will apply to companies around the world.

“By 2023, 65% of the world’s population will be covered by modern data privacy laws. That’s up from 25% today.”

Peter attributes Opsware’s global presence to DMZ Innisfil’s support. “Working with Jelmer Stegink and the broader DMZ team really helped us improve our pitch, and gave us a network of like-minded entrepreneurs who are also driven to have a global reach.”

“Working with Jelmer Stegink and the broader DMZ team really helped us improve our pitch, and gave us a network of like-minded entrepreneurs who are also driven to have a global reach.”

 

MUMBAI, INDIA

Operating under DMZ Ventures, Zone Startups India is a partnership with the Bombay Stock Exchange in Mumbai focused on startups operating in a variety of industries. 

Sonam Srivastava is the Founder of Wright Research,  an investment advisory and research firm that uses quantitative research and machine learning to create stable investment options that generate consistent profit in all markets. Featured in the Association of International Wealth Management of India’s top 100 women in finance, Sonam is passionate about quantitative investment management. 

Sonam Srivastava, Founder of Wright Research

The investment space in India is being revolutionized through AI and quantitative research efforts. Located in the financial capital of India, Wright plans to leverage the recent growth in capital markets to go above and beyond for their consumers.

Sonam strives to create products with global audiences in mind at Wright, and plans to collaborate with global investors in AI. 

“I think the opportunities for quantitative research are endless, and there is a global market to tap into.”

With the support of Zone Startup India, Wright has been able to expand their business by acquiring new licences. “We’ve gained a lot from the mentorship and community at Zone Startups India – their guidance has helped make our lives easy.”

 

SOUTH KOREA

The DMZ supports the Korea Trade-Investment Promotion Agency (KOTRA), helping the next generation of South Korean entrepreneurs. Designed by the DMZ, their 12-week program supports entrepreneurs’ soft-landing in the Canadian market.

Hobin Kim is the Founder and CEO of Ationlab, a lifestyle design company committed to social impact missions and supporting sustainable projects. 

Hobin Kim, Founder and CEO of Ationlab
Hobin Kim, Founder and CEO of Ationlab

Ationlab was first introduced to the DMZ through KOTRA’s AI Open Innovation program in 2020. Hobin explains that the program provided him with an inside look at what entering the Canadian market would entail. 

“Risk management is a must for all businesses, and entering new markets through trusted institutions, like the DMZ and KOTRA, reduces potential risk drastically and allows founders to find suitable markets.”  

Hobin highlights that the DMZ provides a strong community of mentors, helping international startups break into the North American market. 

“The DMZ allowed us to tap into a community of great business professionals, such as their Entrepreneurs-in-Residence and DMZ staff! Startups seeking global success are equipped with essential business programming in areas such as business strategy, marketing, and pitching — everything a startup needs to enter the North American market.”

“The DMZ allowed us to tap into a community of great business professionals, such as their Entrepreneurs-in-Residence and DMZ staff! Startups seeking global success are equipped with essential business programming in areas such as business strategy, marketing, and pitching — everything a startup needs to enter the North American market.”

TOKYO, JAPAN

Powered by the DMZ, Landing Pad Tokyo is accelerating the capabilities of Japan’s top innovators and helping companies lead digital transformation in the manufacturing sector.

Shin Takeuchi is based in Tokyo, Japan and is the CEO of Nissin Inc, a manufacturing company that makes and sells production equipment using plasma and power supply technology. 

Shin Takeuchi, CEO of Nissin Inc
Shin Takeuchi, CEO of Nissin Inc

As new business models begin to emerge in Japan as a result of COVID-19 and information technology becomes a necessity, the sale of semiconductors and telecommunications devices have skyrocketed in the country. 

While Takeuchi explains this has been great for business, he also highlights how supply chain problems are beginning to arise.  “Our next generation of entrepreneurs will need to step up and put forth innovative solutions to keep up with the demand of device manufacturing.”  

With digital transformation accelerating at lightning speed, gone are the days where businesses can focus on a single market. 

Takeuchi emphasizes that operating with a global mindset is imperative, especially as we begin to look past the pandemic. 

“Borders are beginning to fade, and with widespread access to the internet, businesses need to think bigger. Being a part of the DMZ community has opened up several doors for us, as we’ve been able to connect with Canadian startups to share lessons learned and gain valuable market insights.”

“Borders are beginning to fade, and with widespread access to the internet, businesses need to think bigger. Being a part of the DMZ community has opened up several doors for us, as we’ve been able to connect with Canadian startups to share lessons learned and gain valuable market insights.”

 

Want to know if there’s a DMZ-powered hub in your region?
Learn more about the DMZ’s global footprint at
dmz.to/Global

Supporting moms and dads through the ups and downs of parenthood: How Alli Therapy is taking a parent-centric approach to mental health

On Wednesdays, we startup.

To celebrate our women-identifying founders, we’ve put together ‘On Wednesdays, we startup’, a blog series dedicated to putting women founders center stage to acknowledge their work, complexities and wins!

We hope to push women-founder stories forward and share lessons learned and insights for other aspiring women entrepreneurs.

This week, we sat down with the Co-Founders of Alli Therapy, Sarah Rennick and Cherry Xu, to learn more about Alli Therapy’s tailored mental health solutions for parents, and their thoughts on the massive growth in the mental health space. Plus, we had the chance to connect with one of their certified therapists, Michelle Winterburn, MSW, RSW, to unpack some of the biggest misconceptions about parenting therapy and more.

Alli Therapy is an online emotional and mental health tool to support families through the journey of parenthood, with more than 34 million parents in North America living with mental health issues their mission is to support moms and dads through all stages of parenthood.

Sarah Rennick, Co-Founder & CEO of Alli Therapy

Before founding Alli Therapy, Sarah founded Mama Mobile, an in-home wellness service company for moms and moms-to-be. Unfortunately, as a result of the pandemic and lockdown restrictions, Mama Mobile had to cease operations. Wanting to still support the community of parents Sarah had fostered, she reached out to her clientele to gain a better sense of what they felt parents alike needed help with.

“I reached out to the Mama Mobile community to gain a better understanding of what parents actually needed — to see what services or solutions would make their lives easier as they moved through parenthood, said Sarah.

This is how the idea for Alli Therapy came about. While the majority of digital mental health and therapy solutions out there provide great services that are highly needed, rarely do these solutions offer services designed specifically for parents.

“20% of mothers today have postpartum depression, and 57% of parents say parenting is a top source of anxiety,” said Cherry. “A lot of parents experience mental health problems, yet we only ever highlight the rosy side of parenthood. We want to destigmatize therapy for parents, and highlight that everyone has the same doubts when it comes to parenting.”

Cherry Xu, Co-Founder & CTO of Alli

Cherry was also working in the wellness space before founding Alli Therapy, and was introduced to Sarah while she was leading Mama Mobile. Recognizing the opportunity in service marketplaces and being a mental health advocate herself, Cherry pitched herself as a Co-Founder to Sarah, and the rest was history!
Alli Therapy provides an all-in-one solution for busy parents to connect with a therapist that best suits their needs. With the use of matching technology, users are connected with therapists that are not only a great fit for the user’s stage of parenthood, but also their personality.

“We provide all of our users with a free intro session to ensure they feel comfortable with their matched therapist, ” said Sarah. “You’d be surprised at how many people abandon therapy due to a lack of fit, and making sure our users felt good about their matched therapist was really important to us.”

“20% of mothers today have postpartum depression, and 57% of parents say parenting is a top source of anxiety,” said Cherry. “A lot of parents experience mental health problems, yet we only ever highlight the rosy side of parenthood. We want to destigmatize therapy for parents, and highlight that everyone has the same doubts when it comes to parenting.”

The mental health startup landscape is beginning to see a real shift as funding has reached a record $852 million USD globally in the first quarter of 2021, nearly twice the amount raised during the same period in 2020. Cherry attributed the industry’s momentum to the rise of mental health awareness.

“We’re seeing high profile celebrities speak up about their own experiences with mental health, and while we still have a ton of work to do, the stigma is slowly beginning to lift. People like Meghan Markle, The Duchess of Sussex, and Simone Biles, the US olympic champion, are opening up about their experiences, and this sparks conversations around mental health, while also demonstrating that we all face our own challenges, and asking for help is okay.”

Sarah added that seeing TalkSpace, one of the largest providers of online and mobile therapy in the world, IPO earlier this year really solidified the need for mental health services and the opportunity for startups to innovate.

Alli Therapy prides itself on having therapists that actually speak parent. Users can find individual or couples’ support with therapists who specialize in all types of parenthood challenges.

Michelle Winterburn, MSW, RSW, Alli Therapist

Michelle Winterburn, one of Alli Therapy’s therapists, highlighted that stigma and financial restrictions are some of the biggest barriers when it comes to parents accessing mental health services.

“Many people think seeking therapy means they are a failure. Although we have come a long way in shifting the perception of mental health and wellness, the stigma persists.

Finances are always a consideration, especially with a new family. All Alli therapists are licenced and registered, making their fees reimbursable through most extended healthcare plans or as an eligible medical expense on taxes. Therapy may be more affordable than you think.”

Michelle believes Alli Therapy’s approach when it comes to helping parents is truly unique. She highlights three main pillars that differentiate their services from other mental health providers: specificity, accessibility, and affordability.

“The journey of parenthood comes with unique challenges at each milestone. Alli Therapy supports clients from pregnancy planning to empty nesters, which can be a 16-20 year journey. All of our therapists have a special interest in helping parents and have taken additional training in helping parents navigate parenthood related challenges.

It can be hard to find specialized clinics in rural areas. We make specialized therapy accessible to anyone, regardless of location. Further, getting out of the house takes a lot of logistics and planning for parents. Alli Therapy makes it easy for them to have sessions from the comfort of their own homes.

Lastly, Alli Therapy is committed to not leaving any parent behind. We don’t want anyone to not seek therapy due to budget constraints. To accommodate clients on parental leave who may not have insurance, we offer a sliding scale option to offer our services to those who cannot afford the full price.”

Michelle also stresses that seeking parenting therapy does not equate to failure. “This is a huge misconception in the space, but we are all interconnected, and sometimes we need to seek help as much as we are giving help.

As parents we are always giving. When the pandemic hit, we had to continue to give –  but without the support of others in the ways we once had. This takes a heavy toll on many of us, and having a safe space to talk about the highs and lows of parenting with a skilled, non-judgmental, therapeutic lens can make a huge difference for so many.”

 

Want to learn more about Alli Therapy’s personalized support for parents? Check out their website to learn more.

 

Alli Therapy is looking to fuel their growth to provide more parents with the services they need. Interested in teaming up with Alli to improve mental health support for parents? Reach out to Sarah Rennick and Cherry Xu!