Toronto Innovation Acceleration Partners – UTEST

Description:

University of Toronto Early Stage Technology (UTEST) Program provides support to emerging deep tech entrepreneurs through a range of services including intensive entrepreneurial education, advisory support, opportunities to raise capital and dedicated incubation space.

Comments on Funding:

Funding will take the form of SAFE (simple agreement for future equity). UTEST will invest up to $150,000 in select companies. Access to follow-on investment of up to $500,000 through TIAP is also possible.

Eligibility:

Applicants must be companies with one or more founders affiliated with the University of Toronto, who are:

  • current University of Toronto students;
  • current University of Toronto faculty members;
  • recent University of Toronto graduates (within two years).

Since 2020 UTEST has accepted applications from UofT-affiliated hospitals. Please ensure an invention disclosure form has been submitted to your host institution’s technology transfer office and they are aware of your UTEST application

Applications Steps:

Applicants must apply online.

Other Things to Note:

Applications for UTEST’s 2022 Cohort are now closed.
Applications open online at the beginning of April each year with a deadline of early June.

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