A summary of “Cost-effective Intellectual Property options for protecting your ideas and growing your business” session in Medicine Hat

A summary of “Cost-effective Intellectual Property options for protecting your ideas and growing your business” session in Medicine Hat

Every entrepreneur needs to know that their most valuable asset is their Intellectual Property (IP).

As an entrepreneur or business owner, you need to know how to protect yourself if you are concerned that a competitor may try to scoop your invention. 

What are the types of Intellectual Property that you might be developing?

Patents, Trademarks, Copyrights, Industrial Designs, Trade Secrets, or Contractual Rights.

Mentorship can be a contributor to success and achievement

What do you think you might have in common with Mark Zuckerberg or Oprah Winfrey? Maybe you are a creative entrepreneur with bulldog tenacity. You believe you can accomplish great things, so you press forward to rise above the crowd. Or perhaps you are a “pro” at what it is that you do, and you expect to be noticed because of your talent and skills.

There is no doubt that Oprah and Zuckerberg are talented. They both stepped into opportunities when they encountered them, sometimes taking significant risks along the way. Some might even say that they were simply in the right place at the right time. Were they just lucky?

There is an ancient saying attributed to the Roman philosopher Seneca that “luck is simply what happens when preparation meets opportunity.” It would be difficult to argue that both Oprah and Zuckerberg were both prepared when opportunity knocked. One thing that both have attributed to their success is having been under the guidance of a good mentor.

 From the time we are born, we learn most everything we know from someone else.

 Who taught you how to use a fork? Or ride a bike? Or say your ABC’s?

Do you remember the first time you cooked a meal on your own? When did you learn to boil water or pre-heat the oven?

If you have ever learned to drive a car with a manual transmission, I bet someone sat in the passenger’s seat right next to you and talked you through it.

There are many things that we might learn in life as a result of time in the classroom or reading a book. But many of the greatest lessons we learn in life, the most powerful transformation opportunities, come as a result of someone sitting in the seat next to us; someone who encourages us, speaks into our lives and shows us a better way.

Oprah once said, “A mentor is someone who allows you to see the hope inside yourself.”

And isn’t that something that we all long for?  Hope. Hope for a future. Hope for success. Hope to reach the full potential with our talents and abilities.

Oprah was personally mentored by the great American poet and civil rights activist, Maya Angelou. She often recounts the first great advice she ever received from her mentor.

“When you know better, you do better.”

Out of context, a simple statement like that may not seem terribly profound, or impactful. But in the context of a personal mentoring relationship, it became counsel to Oprah that changed her approach to life and set her career in motion to the success we see today.

The late Steve Jobs, co-founder of Apple served as a mentor to Facebook CEO Mark Zuckerberg. The two developed a relationship in the early days of Facebook. In 2011 when Jobs passed away, Zuckerberg posted on his own Facebook page, “Steve, thank you for being a mentor and a friend. Thanks for showing that what you build can change the world. I will miss you.”

David McMillan, Chairman of Big Brothers Big Sisters Alumni Association cites three powerful reasons why you should become a mentor:

1. You have the potential to change someone’s life.

2. It will get you to stop thinking about yourself all the time.

3. The life you end up changing could be your own.

Whether you are starting a business or currently a business owner, mentorship provided or received can lead to growth and success.

APEX, the Regional Innovation Network (RIN) collaborates to put their collective resources together to support and improve the development of innovation and technology among small and medium-sized businesses (SMEs) in our region.

Elizabeth Blair is the Regional Innovation Network Coordinator for APEX Alberta.  APEX Alberta supports the growth of innovative and technologically-oriented businesses in Southeast Alberta.  APEX Alberta is a collaborative initiative between three core service providers: Community Futures Entre-Corp, Medicine Hat College and Alberta Innovates.

Free Session Regarding Canada’s Digital Privacy Act (DPA) for Small Business

When the federal government initiates new legislation that affects small businesses it can sometimes be frustrating to get to know everything that you ought to know. APEX Alberta is here to help. On December 14 2018, Sarah Bowman, Partner at Bolton Bishop Bowman law firm in Medicine Hat, will be our special event guest to present an information session regarding the Digital Privacy Act that was passed in Canada in 2015.

The DPA is an amendment to Canada’s Personal Information Protection and Electronic Document Act (PIPEDA), which outlines important information on mandatory breach reporting, notification and record keeping requirements that, until November 2018, have never been consistently enforced by the federal government.

Data breaches have consumers worried and have had a substantial impact on the economy.  In addition to the obvious ramifications of a breach, such as lost data and revenue, one of the many new requirements of the DPA stated by the Office of the Privacy Commissioner of Canada is that all Canadian organizations should "keep and maintain a record of every breach of security safeguards involving personal information under its control."  These new mandatory reporting requirements will have an impact on businesses across Canada. Many small business owners are unclear as to what this will mean for them.

At the December 14 event, being held at Medicine Hat College, Sarah Bowman will answer questions that many business owners and entrepreneurs are asking:

What is considered personal information? How will Canadian Digital Privacy Act (DPA) requirements affect my business?  What is a security breach? Who needs to be notified? How soon should notifications of a breach happen? What is proper record keeping in the event of a breach?

Ms. Bowman will clarify the Privacy Commissioner’s authority as it relates to audits and fines for non-compliance. She will provide examples of data breach scenarios and highlight the types of violations that could result in possible fines.

If you are a small business owner, you will want to attend this event to ensure that you know the steps that you need to take regarding the DPA to prepare now. You may obtain a ticket at the following link: https://digitalprivacyact.eventbrite.ca

APEX, the Regional Innovation Network (RIN) collaborates to put their collective resources together to support and improve the development of innovation and technology among small and medium-sized businesses (SMEs) in our region.

For more information about this event, or how our programs can help your business, please call Elizabeth Blair at 403-528-2824.

Elizabeth Blair is the Regional Innovation Network Coordinator for APEX Alberta. APEX Alberta supports the growth of innovative and technologically-oriented businesses in Southeast Alberta. APEX Alberta is a collaborative initiative between three core service providers: Community Futures Entre-Corp, Medicine Hat College and Alberta Innovates.