2023 Impactful Actions Awards Finalists Announced

FOR IMMEDIATE RELEASE

PROFOUND IMPACT ANNOUNCES 2023 IMPACTFUL ACTIONS AWARDS FINALISTS

The Impactful Actions Awards recognize leaders making a profound impact in communities globally 

WATERLOO, ON | AUGUST 16, 2023 — Profound Impact is proud to announce the finalists for this year’s Impactful Actions Awards.

Presented annually, the Impactful Actions Awards recognize leaders who are making a profound impact on communities globally by inspiring collaborative solutions to difficult problems. The award launched in 2021 and has now grown to include two categories (Young Leader and Lifetime Achievement) to attract and honour a diverse range of nominees. 

“We were inspired by this year’s impressive nominees and are excited to recognize two recipients of the Impactful Actions Awards,” says Sherry Shannon-Vanstone, Founder and CEO of Profound Impact. “It’s never an easy decision to narrow down our finalists and winners, but our judges feel confident in our choices this year.”

The finalists in the Young Leaders category are as follows (in alphabetical order):

  • Leigh Zachary Bursey, an activist, journalist, former three-term politician, singer-songwriter, recording artist and author.
  • Hui Huang Hoe, the founder of elerGreen, a cleantech startup recovering polymers, metals and chemicals and medical waste.
  • Tabatha Laverty, the VP of Marketing and External Relations at the Accelerator Centre, and a non-profit leader with a passion for equity and inclusion.

These are the Lifetime Achievement finalists (in alphabetical order):

  • Mike Farwell, host of The Mike Farwell Show on CityNews 570 and leader of the Farwell4Hire campaign, which has raised over $1.25 million in funds to support Canadians living with cystic fibrosis. 
  • Lynn Smith, a proud member of the Peavine Métis Settlement who is leading her northern community through a significant change to take control over monitoring the impact of climate change on their land and waterways.
  • Stephanie Thompson, the founder of STEM by Steph and a passionate engineer and community leader who is always pursuing new and innovative ways to promote science, technology and learning in the Niagara area.

“These finalists showcase what it means to make a profound impact in the world, and we are honoured to share their stories of impact,” Shannon-Vanstone says. “Thank you to everyone who took the time to nominate someone for the Impactful Actions Awards this year.”

The inaugural Impactful Actions Award was presented to Dr. Feridun Hamdullahpur, former President & Vice-Chancellor (2010-2021) and Professor of Mechanical and Mechatronics Engineering at the University of Waterloo, in 2021. In 2022, Profound Impact presented the Impactful Actions Award to Kehkashan Basu, M.S.M., who is the Founder and President of the Green Hope Foundation. 

The 2023 Impactful Actions Awards winners will be announced during the Profound Impact Day virtual event on September 14, 2023. 

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ABOUT PROFOUND IMPACT CORPORATION 

Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered tool – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 8.8 Million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming.  More than just a search engine, Research Impact offers automatic, targeted and timely matching.  Profound Impact’s customers include top North American research institutions, universities and industry partners.  CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record.  She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions.

Website: www.profoundimpact.com 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

For media inquiries, please contact:

Durrell Communications

media@profoundimpact.com 

Shape the System Podcast

Profound Impact’s founder and CEO, Sherry Shannon-Vanstone, participated in a conversation with host Vincent Turner in the July 9th Shape the System podcast. Shape the System features conversations with inspiring people who are rethinking society’s solutions to global problems.

The focus of the podcast was how Profound Impact, through Research Impact, works to connect resources and capital in the form of research partnerships and funding to great people who are doing great things. While Profound Impact’s genesis was to articulate and visualize the impact of individuals within an organization, Sherry noted that the company listened to customers to understand their challenges and pivoted to develop the Research Impact product to meet those needs.

The $300 billion in global research funding available annually for 8.8 million researchers and hundreds of thousands of industry partners around the world can be seen as either a problem, if that funding is difficult to access, or an opportunity for conducting fundamental and breakthrough research. Research Impact’s use of AI and machine learning ensures that funding is used efficiently by the right people by connecting researchers to the funding programs most appropriate to their work. The automation of the matching process done by Research Impact means that researchers can focus on their ground-breaking work and research administrators can do their jobs more efficiently and accurately.

Shape the System aims to inspire more people to follow their purpose, deepen their resolve and have a bigger impact. The conversation with Sherry illustrated how her experience as a mathematician, cryptographer, technology sales executive and serial entrepreneur led to the founding of Profound Impact to meet that same goal by providing tools that allow researchers to make the greatest impact by solving issues of global importance.

Profound Impact Exceeds First Tranche of Financing Round Led by Female Investors

FOR IMMEDIATE RELEASE

PROFOUND IMPACT™ CORPORATION EXCEEDS FIRST TRANCHE OF FINANCING ROUND LED BY FEMALE INVESTORS

The company on target to close the second tranche of the $3 million round in August 

WATERLOO, ON | June 15, 2023 — A group of female investors, including many who are first-time investors, is leading the way for Profound Impact™ Corporation’s latest funding round. 

The first round of financing closed on May 5, 2023 and included more than $2.2 million in seed funding for the company. The participation of first-time female investors sends a clear message of confidence in Profound Impact’s vision and the team’s leadership. The company will be closing the remainder of the $3 million when the second tranche closes on Aug. 4, 2023. 

“As the leader of a female-founded company, I am thrilled and grateful to welcome these investors into our network,” says Sherry Shannon-Vanstone, Founder and CEO of Profound Impact. “Women need opportunities to invest and grow their portfolios, and I’m proud that so many made the decision to make their first-time investment in Profound Impact.”

Profound Impact is poised to continue its growth in the Canadian market, and this latest funding will allow the company to expand into the United States and internationally.  

“Congratulations to Sherry and Profound Impact on this closing. As an angel investor in women-led ventures, I’m excited to see more women invest at the seed level. Women founders in North America face many systemic barriers in pre-seed, seed and venture finance. I firmly believe that raising awareness of the opportunities for women to invest in women-led ventures is key to helping us remove those barriers,” says Lara Zink, President & CEO, Women in Capital Markets.

“We are excited to see female investors committed to growing their portfolios and unlocking financial opportunities in the innovation sector,” says Ken Grewal, Founder and CEO, Forthlane Partners. “It is vitally important that financial education and opportunities are available to women and all investors interested in growing their portfolios.”    

“It is gratifying to finally see so many women stepping up to steer their financial futures. Investments by women for women in Canada’s female-founded companies not only bridges identified funding gaps, but also builds a future for female entrepreneurs,” says Anne-Marie Canning, cultural entrepreneur and investor in Profound Impact. 

“Many women want to invest in the tech sector, but face difficulties in taking the first steps into the investment space. Connecting female investors to female entrepreneurs helps empower women across the tech industry to find success,” says Claudette McGowan, Co-founder of The Firehood. “I was pleased to support Profound Impact in this funding round and will follow along closely as their company continues to grow.” 

Profound Impact, which operates out of the Toronto-Waterloo technology corridor, offers Research Impact, an AI-powered tool that helps academic and industry researchers find the perfect funding match. More than just a search engine, Research Impact offers automatic, targeted and timely grant matching.

This phase of investment represents an important step along Profound Impact’s growth trajectory. The company has made significant strides over the past few months, including hiring Kasia Malz as Chief Financial Officer and forming an Inaugural Board of Directors. 

“As a serial entrepreneur, I admire Sherry’s strong vision of ‘connecting great people to great things,’” says Deborah Rosati, Chair of Profound Impact’s Board of Directors. “I invested in the company and believe that my experience in technology start-ups/scale-ups, commitment to good governance, financial expertise, and venture capital experience will bring value to the company as it scales.”

This female-led investment sends a strong message to the investment community that women will step up to support and invest in women-founded and led companies.

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ABOUT PROFOUND IMPACT CORPORATION 

Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered tool – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 8.8 Million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming.  More than just a search engine, Research Impact offers automatic, targeted and timely matching.  Profound Impact’s customers include top North American research institutions, universities and industry partners.  CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record.  She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions.  

Website: www.profoundimpact.com 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

For media inquiries, please contact:

Durrell Communications

media@profoundimpact.com 

PROFOUND IMPACT™ CORPORATION ANNOUNCES INAUGURAL BOARD OF DIRECTORS

FOR IMMEDIATE RELEASE

Deborah Rosati and Sharon Castelino join Profound Impact’s first board of directors.

WATERLOO, ON | JUNE 6, 2023 —Profound Impact™ Corporation is a leader in AI-powered solutions including Research Impact, an optimization platform that matches research grants with academic and industry researchers. Today, Profound Impact is pleased to announce the launch of its inaugural board of directors. Composed of distinguished business leaders with a wealth of skills and diverse backgrounds, this experienced board of directors will help guide Profound Impact toward its next phase of growth and success.

The members of Profound Impact’s board of directors include:

Board Chair – Deborah Rosati, FCPA, FCA, ICD.D, GCB.D, CCB.D: An award-winning corporate director and entrepreneur defined in three interconnected ways throughout her 35-year career – as a corporate governance champion, catalyst for change and community builder. In June 2023, Deborah was bestowed an honorary Doctorate of Laws by Brock University, her alma mater, recognizing her significant contributions and social impact.

Board Director – Sharon Castelino, MBA, LLM, ICD.D: An award-winning financial services executive and corporate director with three decades of experience in multiple sectors and across global jurisdictions, including institutional banks, capital markets and technology.  Sharon earned her MBA from the Ivey Business School, receiving the prestigious Ivey Scholar, and her Master of Laws (Business), from Osgoode Hall Law School.

Corporate Secretary – Kasia Malz, CPA, CA, MAcc.:  In addition to her role as CFO, Kasia will serve as corporate secretary for the board of directors.

Founder, President & CEO – Sherry Shannon-Vanstone, BS, MS Mathematics, LLD

“We are pleased to bring industry veterans who will add tremendous value with their expertise in technology, business and corporate governance to drive our growth strategy,” says Sherry Shannon-Vanstone, Founder and CEO of Profound Impact. “Also, congratulations to Deborah on her honorary doctorate from Brock University! I had the privilege of receiving my honorary doctorate from the University of Western Ontario in 2019 and know what a special honour it truly is.”

With this new board, Profound Impact is poised for explosive growth and sustainable success as a leading AI-powered platform in the $300 billion research funding market. “We are excited to make an impact by ‘connecting great people to do great things,’” says Deborah Rosati, Board Chair.

ABOUT PROFOUND IMPACT CORPORATION 

Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered tool – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 8.8 Million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming.  More than just a search engine, Research Impact offers automatic, targeted and timely matching.  Profound Impact’s customers include top North American research institutions, universities and industry partners.  CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record.  She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions.  

Website: www.profoundimpact.com 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

For media inquiries, please contact:

Durrell Communications

media@profoundimpact.com

Kasia Malz Appointed as CFO

FOR IMMEDIATE RELEASE

PROFOUND IMPACT™ CORPORATION APPOINTS KASIA MALZ 

AS CHIEF FINANCIAL OFFICER

Malz brings 15 years of broad financial leadership experience in start-up and high-growth companies.

WATERLOO, ON | MAY 24, 2023 — Profound Impact™ Corporation is pleased to announce the appointment of Kasia Malz to the company as Chief Financial Officer.

Malz joined Profound Impact in April 2023 and brings more than 15 years of experience working in diverse financial leadership roles in start-up and high-growth environments. She holds her Chartered Professional Accountant (CPA, CA) designation and is a licensed Certified Public Accountant in the state of Illinois. Malz is no stranger to Waterloo Region and the surrounding area as she received both her Masters of Accounting and Honours Bachelor of Mathematics from the University of Waterloo. 

“Adding Kasia as our CFO signals a time of growth, expansion and investment here at Profound Impact,” says Sherry Shannon-Vanstone, Founder and CEO at Profound Impact. “We know Kasia will be an invaluable member of our team as we grow. We’re looking forward to her guidance as we continue this upward trajectory.”

Profound Impact, which operates out of the Toronto-Waterloo technology corridor, offers Research Impact, an AI-powered tool that helps academic and industry researchers find the perfect funding match. More than just a search engine, Research Impact offers automatic, targeted and timely grant matching.

Prior to joining Profound Impact, Malz spent four years as CFO of Titanium Transportation Group Inc. and two years as CFO of Next Hydrogen Solutions, both of which she took public, supported with multiple capital raises and grew through M&A. She currently sits on the board of the Canadian Centre for Electron Microscopy at McMaster University and Nets for Net Zero and is an Executive in Residence with Foresight Canada.

“I’m honoured to be part of Profound Impact and incredibly passionate about our solution, which brings together industry and academia with government and other funding organizations,” Malz says. “Our work at Profound Impact will continue to innovate in matching research funding, and I’m looking forward to our team’s journey.”

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ABOUT PROFOUND IMPACT CORPORATION 

Profound Impact’s AI-powered tool, Research Impact, helps academic and industry researchers find the perfect funding match. With over $300B in funding, 100,000s industry partners and 8.8M researchers globally, finding a match between academia, industry and grants is often overwhelming and time-consuming. More than just a search engine, Research Impact offers automatic, targeted and timely matching. Our customers include top Canadian research institutions. Profound Impact’s CEO and Founder Sherry Shannon-Vanstone is a serial tech entrepreneur with an unparalleled track record in building high-performing teams and led start-ups to successful exits both in Silicon Valley and Canada with two IPOs and two acquisitions. The company is located in the Toronto-Waterloo technology corridor. Our Canadian and US team members are passionate about connecting great people to do great things while maximizing their worldwide impact.

Website: www.profoundimpact.com 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

For media inquiries, please contact:

Durrell Communications

media@profoundimpact.com 

Impactful Actions Award Nominations

FOR IMMEDIATE RELEASE

IMPACTFUL ACTIONS AWARD NOMINATIONS OPEN FOR 2023

The Impactful Actions Award recognizes leaders making a profound impact in communities globally. 

WATERLOO, ON | MAY 1, 2023 — Profound Impact is now accepting nominations for the 2023 Impactful Actions Award. 

The annual award presented by Profound Impact™ Corporation recognizes leaders who are making a profound impact on the global community by inspiring collaborative solutions to difficult problems. The award launched in 2021 and has now grown to include two categories–Young Leader and Lifetime Achievement – in hopes to attract and honour a wider range of nominees. 

“We received so many incredible nominations for the Impactful Actions Award last year and we wanted to expand the award to honour a second nominee and their work to make our world a better place. It’s truly inspiring to see the calibre of accomplishments from members of our community,” says Sherry Shannon-Vanstone, Founder and CEO of Profound Impact. “At Profound Impact, we’re passionate about collaboration and making an impact, and our nominees all showcase the absolute best of those core values.”

The inaugural Impactful Actions Award was presented to Dr. Feridun Hamdullahpur, former President & Vice-Chancellor (2010-2021) and Professor of Mechanical and Mechatronics Engineering at the University of Waterloo, in 2021. In 2022, Profound Impact presented the Impactful Actions Award to Kehkashan Basu, M.S.M., who is the Founder and President of the Green Hope Foundation. 

“Our past winners truly exemplify what it means to make a profound impact through their actions and career achievements,” says Shannon-Vanstone. “We can’t wait to meet this year’s nominees and learn more about their impressive work.”

Nominations are open now until June 30. The top three finalists will be contacted on July 20, and the 2023 Impactful Actions Award winners will be announced during the Profound Impact Day virtual event on September 14, 2023. Please take a moment to review the award criteria and nominate someone you feel is making an extraordinarily positive impact.

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ABOUT PROFOUND IMPACT CORPORATION 

Profound Impact is a female-founded Canadian company located in the Toronto-Waterloo technology corridor. Profound Impact’s data, AI and analytics driven solutions help education, research and social impact organizations automate their processes, measure program impact, tell their story and inform strategy. 

Profound Impact’s products include Research Impact, which automatically matches researchers to funding opportunities; Career Impact, which provides organizations with actionable insights by analyzing the career trajectory of program participants; and Connection Impact, which provides a platform for connecting organizations’ stakeholders to measure and visualize impact. These three products involve different stakeholders, but all work towards the important goal of connecting great people to do great things and maximizing their worldwide impact.

Website: www.profoundimpact.com 

Facebook: @aprofoundimpact

Instagram: @aprofoundimpact 

LinkedIn: Profound Impact Corporation

Twitter: @aprofoundimpact

For media inquiries, please contact:

Durrell Communications

media@profoundimpact.com 

Demo Day Signup

Welcome! We’d love to have you join us for a Research Impact Demo Day, where we demonstrate the matchmaking features of Research Impact.

Please fill out the form below to sign up and receive an invitation.

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2023 Impactful Actions Award Nominations Open May 1st

Nominations for Profound Impact’sTM Impactful Actions Awards will open May 1st! 

The Impactful Actions Awards is an annual awards program recognizing leaders worldwide who are making a profound impact on the global community by inspiring collaborative solutions to difficult problems. This program brings together two of Profound Impact’s core values: open collaboration and making a positive impact. 

New for 2023

Now in our third year, the 2023 Impactful Actions Awards will include two award categories:

  • Young Leader
  • Lifetime Achievement

The winner will be announced annually on September 14th, Profound Impact Day, which is a celebration of the world’s diverse leaders and changemakers who are leaving their mark on the global community through their initiatives, influence, and impact.

Award Criteria

To meet the judging criteria for the Impactful Actions Award, the Nominee must: 

  1. Significantly contribute to the area(s) of leadership, mentoring, gender equality and inclusiveness, academic excellence, or research;
  2. Be a living person over the age of 18 years old;
  3. Have achieved professional recognition in their field of study or expertise;
  4. Exemplify the core values of open collaboration and positive impact;
  5. Demonstrate innovative ideas or actions for solving challenging problems with the scalable potential for global impact.

Award Timeline

Key dates in this annual award cycle for 2023 include:

  • MAY 1 – Award nominations open
  • JUNE 30 – Award nominations close (nominations will be accepted until 11:59 PM ET)
  • JULY 20 – Three finalists selected and notified
  • SEPTEMBER 14 – Winner honoured on Profound Impact Day

The top 3 finalists in each category will be profiled in early September in Profound Impact’s newsletter. The award winners will be recognized on Profound Impact Day and a donation to their charities of choice will be made by Profound Impact Corporation. 

Dr. Feridun Hamdullahpur was the inaugural recipient of the Award in 2021. Dr. Hamdullahpur is the former President & Vice Chancellor and Professor of Mechanical and Mechatronics Engineering at the University of Waterloo. He was selected for the impact he has made on university education, research and scholarship in our broader society through constant reform and innovation in the higher education sector, in addition to his involvement in the United Nations’ HeForShe initiative to take action on gender inequality.

Kehkashan Basu M.S.M. was the Impactful Actions Award winner in 2022. Basu, who was just 22 years old, started working towards improving the world around her at the age of seven. Basu planted her first tree at eight and founded her own humanitarian organization, Green Hope Foundation when she was 12. The foundation focuses on empowering vulnerable populations by providing education for sustainable development. The global social enterprise has worked with more than 300,000 people across 26 countries, focusing on water, sanitation, clean energy, and food security. 

If you have questions about the Impactful Actions Award, please email rrusiniak@profoundimpact.com.

The Nominator must contact the Nominee(s) to inform them of their Nomination. Nominee(s) has the right to decline to be nominated, in which case, no nomination should be submitted. Self-nominations are accepted and nominees who were previously nominated are eligible to be nominated for this awards cycle. The nomination submission must be completed using the online nomination form which will be available May 1, 2023.

CS-CAN Two Part Webinar Series

Industry – Research Collaboration Webinars

Profound Impact is excited to announce our participation in two CS-CAN webinars for a discussion on new strategies for matching funding and researchers. The webinar series will run in two parts on March 24, 2023 and April 20, 2023. 

Webinar #1 – March 24, 2023 – View the recording here

Industry – Research Collaboration: Benefits and Challenges

Connections between industry, colleges and universities are vital as researchers seek industry partners for federally and provincially-funded research programs and industry looks to researchers for insight into long-term research directions as strategic development road maps are developed.

This webinar will discuss the benefits of collaboration to researchers, students and industry partners as well as the challenges in identifying potential partners and developing collaborative agreements.  

This webinar features:

  • Emily Gordon, Advisor, Business Development at Mitacs
  • Camelia Nunez, Manager of Operations at the Lazaridis Institute at Wilfrid Laurier University
  • Ig Kolenko, Executive Director at the Smart Manufacturing and Advanced Recycling Technologies (SMART) Centre at Conestoga College

Webinar #2 – April 20, 2023, 3:00 PM EST – View the recording here

Industry – Research Collaboration: Best Practices and Tools for Success

What makes an industry-researcher collaboration a success? 

Hear from the experts:

  • Vio Onut, Principal R&D Strategist at the Centre for Advanced Studies (CAS) at IBM Canada and Adjunct Professor at University of Ottawa;
  • Jennifer Moles, Director, R&D Collaboration and Commercialization Ontario Centre of Innovation (OCI)
  • George Shaker, Principal Scientist and Head of Research at Spark Technology Labs (STL).
  • Brian Romansky of Profound Impact demonstrates the Research Impact matching tool.

You can view both webinars with this playlist on Youtube!