Centre for Engineering Innovation and Entrepreneurship (Toronto Metropolitan University) – Norman Esch Engineering Innovation and Entrepreneurship Awards

ByMaurice

Description:

The Norman Esch Engineering Innovation and Entrepreneurship Awards provides financial awards to change-makers enrolled in the Faculty of Engineering and Architectural Science. The Norman Esch Awards is broken up into 3 financial awards to represent the 3 stages of an idea or startup.
The award categories are as follows:
1. Stage 1 – Interaction Award;
2. Stage 2 – Development Award;
3. Stage 3 – Market Readiness Award.

Comments on Funding:

The financial awards are as follows:

  1. Stage 1 – Interaction Award: $5,000;
  2. Stage 2 – Development Award: $8,000;
  3. Stage 3 – Market Readiness Award: $25,000.

In addition to their financial award, all Norman Esch Award winners will receive support from the Innovation Boost Zone (IBZ) – an early-stage technology incubator at Toronto Metropolitan University.
Through IBZ, Norman Esch Award winners will get free access to the support, resources and tools they need to explore the potential of their idea in the startup ecosystem.

Eligibility:

The applicant must/can:

  • be a current or recent graduate (within 6 months) from the Faculty of Engineering and Architectural Science with a clear academic standing (minimum 1.67 GPA).
  • be available for contact (via phone or in person) during the Selection Committee meeting (held during the scheduled committee meeting in Fall 2022) if requested by a Selection Committee Member.
  • apply with an idea with co-applicants/inventors from other faculties; the external community; from other schools; and/or Toronto Metropolitan University staff and faculty members, with the understanding that:
    a) The applicant is responsible for the final report and its content.
    b) The applicant, if selected, will receive the award in their name or will need to coordinate payment with their official business (business numbers, SIN, and HST information will be required).
    c) The applicant is responsible for all communication made during and after the selection process.
    d) The applicant, if selected, will have their name associated with the idea submitted in communication and press.
  • If selected, the Stage 3 applicant, must be available to participate in a ten minute presentation in front of the scheduled Esch Selection Committee meeting.

Past recipients of the Norman Esch Awards may not apply to win the same award stage (Stage 1, Stage 2, or Stage 3) twice, even if the application submitted is for a different idea.
Undergraduate students in their first semester cannot apply.

Applications Steps:

Applicants must only apply to the stage that is most applicable to the current state of their startup or project.

Documentation Needed:

Applicants must upload their unofficial Toronto Metropolitan University Transcript in order to prove that they are a TMU FEAS student.

Other Things to Note:

Applications are closed, the next intake will open in January 2023.

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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