Innovation Factory and the Synapse Consortium – Synapse Life Science Competition (2022)

Description:

The Synapse Competition is Ontario’s premier life science pitch competition and is dedicated to fostering the commercialization of innovation in the life science sector. Delivered by Innovation Factory, in collaboration with the Synapse Consortium, this competition assists innovators, scientists and researchers to bring their ideas to market, increase revenues, attract investment and create jobs.

Comments on Funding:

Innovator finalists receive training, mentorship, a $5,000 grant and a chance to pitch and compete for big cash prizes.

Eligibility:

Applicants must be:

  • be early-stage companies, innovators, scientists or researchers with a life sciences product, service or idea;
  • life science companies looking to grow.
  • have a driven, coachable, and collaborative leadership founder/team;
  • be located in Southern Ontario;
  • e companies who are incorporated in Canada or will have completed incorporation by December 31, 2021;
  • not have been placed in the top 10 at a previous LiONS LAIR, or placed in the top 3 at a previous Synapse Competition;
  • be an upper-year college/university student, Masters-level, Ph.D. student, or a recent graduate, with experience in business, engineering, science, or commercialization and interested in partnering with an innovator to help commercialize their idea.

Applications Steps:

Applicants must:

Any submissions received by the Organizers, which are illegible or have not been received through legitimate channels are automatically void.

The competition has 4 phases:

3

Teams will attend training to develop and deliver a 5-minute investor pitch in March 2022.

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    Documentation Needed:

    Applicants must submit:

    • Submit a short application
    • Submit a Commercialization Plan
    • Deliver an investor pitch.

    Other Things to Note:

    Applications are closed for the 2023 Synapse Pitch Competition.

    Testimonials:

    Last year’s Synapse Competition winner has an exciting update!

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