Brampton Venture Zone (Toronto Metropolitan University – RVZ Launch & RVZ Incubator FellowshipsBVZ Launch & BVZ Incubator Fellowships

ByMaurice

Description:

BVZ Launch is a virtual 6 month, non-equity based incubator program designed for MVP-ready technology startups to launch in the market. It provides startups in the health and wellness, food sustainability and/or smart city, mobility, and logistics sectors with access to industry partners for early market validation as well as opportunities to secure potential pilots.

Comments on Funding:

Founders who are accepted into Launch will have access to $12,000 in non-dilutive funding and up to $5K in in-kind services with no strings attached – no equity or intellectual property taken in return.

Eligibility:

Applicants must:

  • be 21+ yrs of age (and not a current student);
  • have a legally incorporated business in Canada;
  • have a working, demoable MVP (minimum-viable product);
  • have some form of market validation data (market research, user interviews, market feedback, POC/LOI/Pilot, customers, or investors);
  • be able to commit atleast 5 hours/week to the program;
  • have min. 1 dedicated full time founder ;
  • have <$500K in private capital raised;
  • have general commercial liability insurance. 

Other Things to Note:

  1. Check their website for future application dates.

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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