2020 RBC Prize Winners

Announcing the 2020 RBC Prize for Innovation & Entrepreneurship winners

Ten cutting-edge University of Toronto student startup teams competed in the RBC Prize for Innovation & Entrepreneurship – our largest pitch competition of the year as part of U of T Entrepreneurship Week. The annual RBC Prize offers $50,000+ in prizes to recognize, reward, and accelerate U of T’s most innovative startups.

The #UofTStartup teams showcased their business idea via a five-minute pitch to a panel of judges: Allan F. Miranda (JLABS), Snita Balsara (MaRS Discovery District), Sam Haffar (Real Ventures), and Millie Liu (First Star Ventures). Thanks to our judges for being there to celebrate entrepreneurial excellence at U of T. 

We’re excited to announce the winners!

1st Prize Early Stage Competition – $10,000

Inteligex is a healthcare company that provides precision cellular and molecular therapies to reduce the tremendous costs incurred by insurers in providing hospital and community care for spinal cord injury and other diseases of the central nervous system. Learn more.

2nd Prize Early Stage Competition – $5,000

Life Sciences Key Technologies aim to bring “pop-up” laboratory capacity to the point of need, globally. Learn more.

Dongjun Wang Family True Blue Prize (People’s Choice) Early Stage Competition – $4,000

Life Sciences Key Technologies was also awarded the Dongjun Wang Family True Blue Prize (People’s Choice).

1st Prize Later Stage Competition – $25,000

Aeroflux is developing magnetic aircraft brakes that enable frictionless and virtually wear-free braking on business, commuter, and commercial aircraft. By eliminating wear, Aeroflux brakes never need to be replaced and can save airlines millions of dollars in maintenance costs per plane. Learn more.

2nd Prize Later Stage Competition – $10,000

Reeddi innovatively provides clean, reliable, and affordable electricity to households and businesses operating in the energy-poor regions of the world.  Learn more.

Dongjun Wang Family True Blue Prize (People’s Choice) Later Stage Competition – $4,000

Aeroflux Braking Systems was also awarded the Dongjun Wang Family True Blue Prize (People’s Choice).

Learn more about the RBC Prize for Innovation & Entrepreneurship.