Venture Builder
“Toronto Innovation Acceleration Partners (TIAP)”
The funder does not disclose this information
Maximum Eligible Amount
In-kind
Fund Type
The TIAP Venture Builder (VB) program is the vehicle for company creation in situations outside UTEST and LAB150. VB will do the groundwork to package health science technologies from the TIAP members to launch as new ventures. The overall objective of the VB program is to prepare the opportunity for a seed investment from TIAP’s Portfolio Management program.
Services included in VB: development of a technology development plan; development of a business plan; business development and market validation of opportunity; identification of third-party investors/strategic partners to support seed financing; covering of intellectual property costs; qualified EIR’s and identification of leadership talent; engagement of third-party consultants (regulatory, clinical, management as required); incorporation and licensing technology into a new venture.
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