
- This event has passed.
Application Deadline: UTEST Program
May 23, 2019
The UTEST Program provides support to University of Toronto entrepreneurs to create research based companies. In partnership with MaRS Innovation and with the financial support of the Connaught Fund, it provides companies with investment capital, mentoring, business strategy and incubation space at the University of Toronto St. George Campus.
•Supporting Startup companies based on technologies founded upon cutting edge research from the University of Toronto
•12 month program
•Dedicated work space at the University of Toronto located in the heart of Toronto’s Discovery District
•Intensive entrepreneurial education program provided by MaRS
•Access to a large network of mentors, coaching and support
•Access to top professional services experts, investors and tech entrepreneurs
Funding
•UTEST will invest up to $100,000 in selected companies ◦The UTEST investment is in the form of a SAFE.
•Access to follow-on investment of up to $500,000 through MaRS Innovation
•Access to provincial and federal funding resources
Eligibility
Applications are open to companies with one or more founders affiliated with the University of Toronto, who are:
•Current University of Toronto students
•Current University of Toronto faculty members
•Recent University of Toronto graduates (within two years)
•The 2019 cohort will accept applications from UofT-affiliated hospitals. Please ensure an invention disclosure form has been submitted to your host institution’s technology transfer office
Investment Criteria
Over the course of the program, and on a competitive basis, the UTEST investment is eligible based on the following criteria:
•Disruptive and protectable Intellectual Property
•Research, technology and/or innovations created at the University of Toronto and disclosed to the Innovations and Partnerships Office as per the University of Toronto Inventions Policy
Applications are due before 11:59PM on May 23rd, 2019.
Selected companies will be interviewed on May 30th and 31st. The program will begin the week of June 10th, 2019.