The HUB at UTSC (University of Toronto Scarborough) – UTSC Startup Competition
Description:
The UTSC Startup Competition is providing seed money award to residents in The Hub – promising students and recent alumni – who have taken concrete steps to create new businesses and launch a new business initiative.
Comments on Funding:
Residents in The Hub can win one of five awards of $5,000 (cash, plus up to an additional $5,000 in Amazon Web Service and/or Google credits).
Eligibility:
Applicants (The Hub residents) must:
Applications Steps:
Step 1 – During the qualifying round, applicants must:
Step 2- During the finalist round, applicants (finalists) must pitch their business (required). Finalists will present their pitches in front of all entrants to the competition, the judges, and The Hub staff.
Documentation Needed:
Applicants’ 3-minute video to The Hub for Round 1 of the competition should include:
a) name of their startup;
b) problem being addressed;
c) why this problem “belongs” to them, i.e., their passion and/or competitive advantage;
d) market analysis, i.e., what is the demand for the product or service they are proposing, includes social impact if applicable;
e) market share, what is the share of the market that they propose to acquire;
f) their proposed solution;
g) their team; and
h) their proposed timeline.
Other Things to Note:
$5,000 awards and seed funding
When It Ends:
Ongoing
Deadline:
Next deadlines to be determined