
Entrepreneurship@UBC Hatch
- Open continuously
Overview
Combination of support, space, community and access to investment opportunities to help UBC entrepreneurs succeed.
At a glance
Funding available
- Increase performance through digital transformation
- Increase social or community impact
- Develop strategic partnerships
- No Condition
- Open continuously
Eligible candidates
- Professional, scientific and technical services
- British Columbia
- For-profit business
- All revenue ranges
- All organization sizes
- Startups
Next steps
Activities funded
The HATCH Venture Builder program is designed to support entrepreneurial ventures striving for significant commercial milestones. Eligible projects focus on advancing ventures through strategic resources and networking opportunities.
- Projects aimed at securing capital, such as closing a Seed or Series A investment.
- Initiatives focused on completing major commercial partnerships.
- Efforts to achieve repeatable sales or establish solid product-market fit.
- Activities working towards an asset or company acquisition transaction.
- Efforts to technically de-risk innovations through access to makerspace facilities.
Eligibility
Who is eligible?
This grant is designed for interdisciplinary innovators at UBC who are building ventures with significant social, environmental, and economic impact. It supports teams at an advanced stage of development with a focus on commercialization and scaling.
- Interdisciplinary UBC venture teams with at least two committed members.
- Teams must have a full-time commitment from at least one member and a plan for the second member to transition to full-time.
- Ventures must be incorporated, with legal counsel and initial advisory boards in place.
- Products must be at Technology Readiness Level (TRL) 6, with proof-of-concept in a simulated environment.
- Clear path to patent protection if applicable.
- A well-defined product-market fit validated with customer archetypes.
- Sustainable business model and financial planning established.
- Vision for scalable strategy or exit included in the team's growth plan.
- Adherence to the venture program's code of conduct required.
Eligible expenses
The HATCH Venture Builder grant supports projects led by interdisciplinary innovators seeking to drive social, environmental, and economic impact through venture creation. Eligible projects focus on reaching transformative commercial goals and leveraging cutting-edge resources and mentorship provided by entrepreneurship@UBC and ICICS.
- Projects aiming to close a Seed or Series A investment round.
- Initiatives working towards completing major commercial partnerships.
- Ventures striving for repeatable sales or significant market traction.
- Efforts leading to asset or company acquisition transactions.
- Projects utilizing ICICS's makerspace for technical de-risking and innovation development.
- Initiatives building first teams and gaining initial customer relationships or investor support.
Frequently Asked Questions about the Entrepreneurship@UBC Hatch Program
What is the Entrepreneurship@UBC Hatch?
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Where is the Entrepreneurship@UBC Hatch available?
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