Hello Toronto startups and entrepreneurs! I’ve added two new opportunities below, and they both expire in the next week so you’ll need to act quickly. The first, the Health Impact Investor Challenge
, closes on Friday, and is a program which aims to provide value to both early stage healthtech startups and investors.
The second opportunity is The University of Toronto’s Hatchery NEST
, a program available to U of T students and faculty. Successful applicants will experience the successes and failures of the entrepreneurial journey in a challenging yet supportive setting. Applications close next Monday. Read further for more information on Hatchery NEST and the Health Impact Investor Challenge.
Nominations open today for the RBC Women Entrepreneur Awards
. If you know a Canadian founder who deserves some recognition, be sure to nominate her before April 1. Scroll down for more details.
Have a great week, and stay well!
Here are some upcoming deadlines for applying to accelerators, grants and funding, or other competitions. Don’t miss out! If you know of others, please submit any application deadlines and I’ll post them if they’re relevant.
The Challenge is an 11-week training program for both early-stage impact investors seeking to make investments and purpose-driven entrepreneurs looking to fundraise. The Health Impact Investor Challenge has two intersecting cohort streams, one geared towards investors looking to make early-stage investments into healthcare solutions, and one designed for health-focused startups looking to fundraise. Investors will navigate the ins and outs of early-stage investing while startups prepare for the capital-raising process. The program will connect startup and investor participants to industry experts, presenting an opportunity for network expansion, and provide valuable insight into the investing and capital raising process. At the end of the program, the investor cohort will award a $100,000 investment to one startup.
The Hatchery NEST is U of T’s engineering-based process, with more than 94 startups launched since its creation. It’s not just a place to develop startups, but an experiential learning opportunity that instills and nurtures the entrepreneurial mindset in all U of T students and faculty. In the Hatchery’s unique environment, students experience the successes and failures of the entrepreneurial journey within a challenging yet supportive setting. Co-founders are encouraged to embrace and overcome risk as a vital element of their journey, creating not only successful entrepreneurs, but also the next generation of leaders as means of societal change.
The York Entrepreneurship Development Institute’s incubator program offers a free, intensive 16-week program, including formal academic lectures by Schulich Executive Education Centre instructors, workshop-based training in entrepreneurship, and mentorship by key industry leaders. At the end of the incubator, entrepreneurs will have a professionally developed business plan, an executive summary, and a proper business model that is ready to pitch and potentially bring to the market. Program graduates are also eligible for seed funding.
The Founder Institute is the world’s largest pre-seed startup accelerator. We help you get to traction and funding with a support network of startup experts that are invested in your success, and through a structured business-building process that has helped our alumni raise over $1 billion. The Founder Institute focuses on helping tech or tech-enabled businesses at the pre-seed stage, including both solo-founders and teams. This includes established businesses that are pre-funding and traction, MVP and prototype-stage projects, and even part-time founders with just ideas. Apply before December 12 for special early-bird pricing!
If you know a Canadian founder who deserves some recognition, nominate her for the RBC Canadian Women Entrepreneur Awards, the premier national awards program celebrating the achievements of the most successful in this inspiring group. For 30 years, the awards have shone a spotlight on Canada’s most accomplished and impactful women who have demonstrated excellence — from economic growth to social change, from local to global reach, across multiple sectors. We are honoured to continue to highlight the collective impact of this group of entrepreneurs on our country.
BHive is an initiative powered by the City of Brampton with a goal to empower the next generation of innovators, accelerate their journey, and create a positive impact for the entrepreneur, economy, and community as a whole. The program has been strategically designed to ensure startups have everything they need to scale and grow. Successful applicants will have access to an unrivaled ecosystem and expertise to support exceptional founders in building successful companies. Our integrated approach involves thoughtfully designed programs, one-to-one mentorships, and access to our entire portfolio of service.
This program, delivered by Futurpreneur, will provide young, Black entrepreneurs age 18-39 across Canada with a comprehensive offering of $5,000–$60,000 in startup loan financing, as well as up to two years of mentorship, opportunities to engage with a national network of Black entrepreneurs, leaders and community organizations at a range of entrepreneurship events, and a variety of relevant tools and resources. Participants who are keen to scale their businesses even further will also be eligible for up to $40,000 in follow-on financing funded by RBC, based on the first two years of successful business performance.