When Shawn Leclaire first heard about the Queen's Partnerships and Innovation's program, he wasn鈥檛 sure he could fit it in to his already jam-packed schedule. Today, having since finished the three-month long program, he says, 鈥淭he time spent up front ultimately pays off. It is a fantastic return on investment 鈥 it not only helps you grow your business but do it faster and smarter.鈥
Leclaire鈥檚 own voyage to the Accelerator was a lengthy one, a series of small steps he took to open up opportunities or solve business problems. He was working as a software engineer in a lab at Queen鈥檚 University in the 2000s when he thought he might try dabbling in real estate. He bought a few properties and when friends started asking him to manage for them as well, he created NomadHomes. 鈥淲e went from managing about 12 properties to looking after more than 100.鈥
He soon found, however, that collecting rents, creating lease agreements, advertising, issuing notices and all the other minutiae of the property manager鈥檚 life, was a 鈥減aperwork nightmare.鈥 There were tools out there meant to help small landlords do this. But while these American-developed software programs 鈥渄o good record keeping, they didn鈥檛 know our provincial legislation or our federal tax laws.鈥 Leclaire got to work on his computer.
By 2019 , his cloud platform, was in use by small landlords across the province. 鈥淲e were in a dozen cities,鈥 he says. But to be truly successful, 鈥渨e have to scale up to tens of thousands of properties across Canada.鈥 The question was how. In January 2020, someone who knew him and his product suggested the Accelerator.
He may have been unsure what exactly he was getting into, especially while, 鈥渢rying to hang on while everything went sideways鈥 for NomadHomes as a result of the COVID-19 outbreak. But he says, 鈥淚t was probably the best business training I have come across.鈥
In common with most entrepreneurs, Leclaire says, he prefers to do things on his own. It is, he jokes, 鈥渁 bit like single child syndrome.鈥
What the Accelerator taught him is 鈥渢hat there are structures out there that people have figured out. You don鈥檛 have to do everything from scratch. For instance, they provided the tools for everything from business plans, to staffing structures, to raising capital. And they really impressed upon us the importance of writing your plans down, even if it鈥檚 in point form,鈥 he says.
鈥淭he team from [who designed and ran the course] were great, unbelievably professional and insightful. They鈥檙e still checking in on us.鈥
For a classic 鈥渟ingle child-style鈥 entrepreneur working together with the other participants was a revelation. 鈥淭here was a real sense of community. We developed an appreciation of the challenges we were facing, and there was lots of cross-company advice.鈥 It helped, he says, 鈥渢o create a greater sense of a local business community.鈥
鈥淭he program was definitely remarkable and not a moment was wasted doing it.鈥
The Wings/Growth Acceleration program was made possible with support from the Government of Canada to Queen鈥檚 University through the and the Scale-Up Platform Project which is led by Invest Ottawa in eastern Ontario and by Queen鈥檚 in the Kingston region.