Applications Open For McMaster Seed Fund

An early, pre-seed investment fund designed to foster research-based, innovative startup companies by addressing the transition gap between research breakthroughs and their development into products and services.
Eligibility Requirements
- Applicant teams must consist of at least one founder, key officer, or personnel that is a member of the McMaster community (faculty, staff, students, or alumni)
- Company must be further developing an innovation, technology or knowledge arising from McMaster research (IP)
- Incorporated for-profit entity or plan to incorporate prior to investment.
Funding is capped at a max of $250,000 per application. Successful companies are awarded tranche investments, where funds are released based on achieving pre-negotiated deliverables. It is expected and strongly preferred that the final tranche of funds is released when additional funding is secured. This additional funding may include any combination of grants such as Mitacs, NSERC Alliance or I2I, SOPHIE, IRAP/CIC, or additional investment.
The application and selection process is competitive, with assessments conducted by an external investment committee. The MSF Investment Committee comprises individuals with expertise and experience in venture creation and management, venture capital investment, and/or serving as senior executives (C-level).
For more information, including application, guidelines, and more information – visit https://research.mcmaster.ca/industry-investors/support-our-startups/mcmaster-seed-fund/
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