Value
$125,000 or $250,000 investments.Description
The Market Readiness Co-Investment Fund invests directly in academic affiliated start-up companies to further their early-stage commercialization and support their growth into a scalable business.Agnostic across sectors including (but not limited to) IT, robotics, AI, health technologies, cleantech and advanced manufacturing with a minimum addressable market size of $100M.
Eligible Applicants
- Companies that have raised less than $1 million in third-party capital (excludes friends and family) are eligible for their first MR investment.
- Incorporated for no more than five years (Ontario or Canadian for-profit incorporation) and have principal operations in Ontario
- Currently or previously affiliated with a university, college or research hospital campus linked accelerator or incubator, in Ontario
- Companies with their team/IP origin at a university (“university spin-out”), college or research hospital are also eligible, even if not campus affiliated.
- Agnostic across sectors including (but not limited to) IT, robotics, AI, health technologies, cleantech and advanced manufacturing with a minimum addressable market size of $100M.
- Current company headcount must be >50% located in Ontario (not projected).
Eligible Expenses
For more detailed information, please click the link indicated below.
Deadline Date
May 28, 2020Contact
Contact Name: Ontario Centres of Excellence
Phone Number: (416) 861-1092 or 1 (866) 759-6014 (toll-free)
