Amount:

Not Applicable

Type of Program:

Incubator


Description:

The Forge is a business incubator funded by McMaster University, serving novel and scalable startups in the Hamilton, Greater Toronto and Niagara Regions. Launched in 2015, The Forge works hands-on with entrepreneurs to develop their business ideas from ideation and validation to growth. The Forge is sector agnostic and offers cohort-based programming.

Comments on Funding:

No funding involved.


When It Ends:

Ongoing

Deadline:

March 27, 2022

Eligibility:

Applicants must:

  • be early-stage startups;
  • be past the business idea stage and must have started gaining traction by launching their startup to the market or have developed a prototype. 

Full-time founders based in Hamilton are preferred but all applicants are welcome. Alumni of this program include software, hardware, IoT, medical devices, healthcare IT, life sciences, advanced manufacturing, and consumer products companies. 

Applications Steps:

1

Applicants must submit their application.

2

The Forge will contact them to schedule a phone interview.

3

If selected, applicants will be invited for a follow-up interview to discuss their startup via Zoom. Applicants will have the opportunity to deliver a 5-minute pitch with 10 slides or less.

Based on the results of the interview process, The Forge will select 5 companies to join the new cohort.

Documentation Needed:

Applicants must submit their application including a pitch deck as a PDF.  

Other Things to Note:

  1. 1
    So far 233 companies have been through The Forge Business Incubator program; together they have raised over $36M and are selling products in 50 countries.
  2. 2
    Clients receive expert mentorship, non-dilutive seed funding, investor introductions, office space*, entrepreneurial workshops, access to a well-equipped makerspace and numerous services to ensure success. We do not take equity in the startups we support. During the COVID-19 pandemic our programming has been running virtually.
  3. 3
    They accept three Business Incubator cohorts numerous times per year. 

Testimonials:

“EMN wouldn’t be around without the support of The Forge. This is a model that helps entrepreneurs learn quickly, build confidence, and network with other entrepreneurs who are also in the trenches.”

Eric Zimmerman

CEO of Enhanced Medical Nutrition Inc.

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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