Maurice
Posted: February 4, 2022

Amount:

$ 15,000.00

Type of Program:

Grants


Description:

The McGill X-1 Accelerator is an intensive 10-week summer program designed to accelerate early traction McGill startups towards investment readiness and launch.

Comments on Funding:

Funding is up to $15,000.


When It Ends:

Intake opens in April 2022

Deadline:

May 9, 2022

Eligibility:

Applicants must:

  • must be startups founded by McGill students, faculty members, staff members or alumni,
  • must demonstrate early traction with a Minimum Viable Product (MVP) and early customers and/or revenue,
  • must build their business upon a technology, science, or idea that will give them a significant or radically disruptive advantage compared to their peers,
  • must have a great team with at least one technical co-founder,
  • must have the potential for exponential growth to eventually serve global markets;
  • need not have raised a significant amount of funding yet but will be using the summer months to accelerate the growth of their company towards a round of significant funding in the fall.

A commitment towards working on their startup throughout the summer and full team participation on all workshops and mentoring sessions is mandatory.

Application Steps:

1

Applicants must submit their applications during the intake period.

Other Things to Note:

Upon completion of the program, the most successful startups will move on to participate in the Dobson International Funding Program, supported by our worldwide network of accomplished and engaged McGill alumni entrepreneurs and investors.

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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