Comments on Funding:
Funding is up to $150,000 in selected companies. The UTEST investment is in the form of a SAFE.It also provides access to follow-on investment of up to $500,000 through TIAP.
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 the UTEST application.
Applicants must submit a completed application online.
Other Things to Note:
The program starts in June and ends in December of each year. From June to mid-September, there is a time commitment of 6 hours per week for entrepreneurship training. The UTEST team is available throughout the program for informal meetings.