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Early Stage Commercialization Fund (ESCF) | Invest Nova Scotia

October 7, 2024

Value

Up to $50,000 in funding is available per project.

Description

ESCF helps move Nova Scotia university, college and university-affiliated hospital research to market. It assists the academic community in the pursuit of entrepreneurial opportunities.

The purpose of ESCF is to provide support for projects demonstrating readiness to advance a technology that has achieved, or is close to achieving, a prototype/proof-of-concept stage and is approaching market readiness with a possibility of attracting industry partners and/or investment. The prospect of generating a new revenue stream must also be apparent.

Invest Nova Scotia seeks to find and build technologies with the potential for venture capital investment. Although we welcome ESCF applicants who might consider licensing their technology, preference is given to projects with the potential for a spin-out company.

Eligible Applicants

Nova Scotia university and college faculty members, as well as staff, clinicians and researchers in university-affiliated institutions, are eligible to apply.

Applications from graduate students and post-docs will be considered, provided a faculty member is a co-applicant. The lead applicant (or principal investigator) must be the faculty member who holds the research account.

Eligible Expenses

Funds can be used to assess market potential, develop go-to-market strategies, perform strategic planning, create/update business plans, assist with intellectual property protection strategies, finish proof-of-concept development, build prototypes and leverage other funds.

Deadline Date

The deadline is Monday, October 7, 2024, at 11:59 pm AT.

Contact

Contact Name: Nathalia Florez Torres

Phone Number: 902.424.8670

E-mail Address: escf@investnovascotia.ca

Website: https://investnovascotia.ca/start-up/acceleration-initiatives/early-stage-commercialization-fund

Industry:

Software/Technology, University Partnerships

Location:

Nova Scotia

Tags:

Cleantech, Postdoctoral, R&D, Student

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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