Accelerate Program for Quebec Emerging Companies
Support for Therapeutics, Med-Tech and Digital Health innovators
At a glance
Eligible Funding
- No Condition
Timeline
- Open Date : August 20, 2021
Financing Type
Wage Subsidies And Interns
Eligible Industries
- All industries
Grant Providers
- adMare Bioinnovations
Status
Open
Overview
Get customized support and discounted rate on rental fees for lab and office spaces to help you advance to significant seed or Series A financing, if you’re an early-stage life sciences business.
Eligibility criteria
The eligibility criteria for the grant include the following factors:
1. Differentiation and competitive advantage of the technology
2. Market opportunity
3. Quality of the team
4. Scope and strength of intellectual property (IP) coverage
5. Potential return on investment
6. Impact of the adMare seed investment in building the company to a value inflection point that makes it attractive to private capital
adMare's strategic investment focus includes biopharmaceuticals, medical devices, and digital health solutions.
Who is eligible
adMare's strategic investment focus includes:
- Biopharmaceuticals
- Medical devices
- Digital health solutions
Evaluation & selection criteria
- Differentiation and competitive advantage of the technology
- Market opportunity
- Quality of the team
- Scope and strength of IP coverage
- Potential return on investment
How to apply
To apply for the grant from adMare, you can follow these steps:
1. Visit the adMare website and navigate to the grant application section.
2. Review the eligibility criteria and requirements for the grant.
3. Prepare your application materials, including a proposal outlining your project, team information, and any other requested documents.
4. Submit your application through the specified online portal or email address.
5. Keep track of any communication from adMare regarding the status of your application.
Additional information
- adMare builds companies by partnering with and investing in technology innovators and entrepreneurs, particularly academic researchers and emerging Canadian life sciences companies.
- They have helped build 29 portfolio companies that have attracted over $2.3B of risk capital, employing close to 1,000 Canadians with a combined value of $4B.
- adMare translates leading academic research into new companies by proactively identifying innovative research and early technologies that can be collaboratively translated into new therapeutic products and other health innovations.
- They focus on novel and transformative pre-clinical technologies and platforms addressing unmet medical needs to add significant value.
- The adMare investment criteria include differentiation and competitive advantage of technology, market opportunity, quality of the team, IP coverage, potential return on investment, and impact of their seed investment.
- They strategically invest in biopharmaceuticals, medical devices, and digital health solutions.
- adMare provides seed capital, scientific and business expertise, infrastructure, and network to help build or grow dream companies.
- They collaborate with existing Canadian life sciences companies in a shared risk/reward model to enable further product pipeline development and business advancement.
Apply to this program