Closed
Last Update: March 4, 2026
Funding available
$ 15,000
Timeline
- Open Date : July 17, 2024
- Closing date : September 3, 2024
Location
Canada
Overview
Get a grant of up to $15,000 in this 16-week program, with access to mentors and advisors, with opportunities for networking and partnerships as you look to develop, test and commercialize or license your science and technology-enabled innovation.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new product or service
- Conduct research and development activities
- Access new markets
Eligible Funding
- Maximum amount : 15,000 $
Timeline
- Open Date : July 17, 2024
- Closing date : September 3, 2024
Eligible candidates
Eligible Industries
- Professional, scientific and technical services
- Educational services
- Health care and social assistance
Location
- Canada
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
Lab2Market Validate offers researchers the opportunity to explore and validate their research ideas within the entrepreneurial landscape. The program is structured to help participants develop their business ideas through intensive workshops and real-world applications.
- Meet and engage with potential customers to gather insights and test market viability.
- Participate in mentorship programs with industry experts to refine business strategies.
- Build a professional network with peers and industry leaders.
- Develop entrepreneurial skills and grit through structured program phases.
- Receive funding support to enable focused development and exploration of research ideas.
Eligibility
Who is eligible?
Lab2Market Validate is open to researchers (Masters, Ph.D., and Postdocs) from all disciplines, within Canada, who wish to explore the entrepreneurial potential of their research ideas. In Alberta, participants must be affiliated with Alberta post-secondary institutions and eligible for Mitacs. For ocean-related research projects conducted at any Canadian university, eligibility for the Mitacs Business Strategy Internship program is required. Specific health-related projects are encouraged to apply to the National Lab2Market Health Cohort. Different regional programs are hosted by universities such as Dalhousie, the University of Toronto, the University of British Columbia, and Simon Fraser University.Eligible expenses
The eligible projects focus on evaluating and developing research ideas within the entrepreneurial landscape. This includes diverse research disciplines and specific industry sectors.
- Validation of research ideas from all disciplines by graduate students and postdoctoral researchers in Alberta.
- Projects in Pharmaceutical, Medical Device, Med-Tech, Human and Animal Health, and Health IT sectors for the National Lab2Market Health Cohort.
- Marine and ocean-related research by students and recent graduates across Canadian universities for the Lab2Market Oceans cohort.
Eligible geographic areas
This grant is specifically offered to researchers based in Canada, and is hosted at several prominent universities covering distinct regions across the country. The program encourages participation from a wide range of geographical areas to foster entrepreneurial exploration nationwide.
- Researchers from Atlantic Canada hosted by Dalhousie University.
- Participants from Ontario hosted by the University of Toronto.
- Candidates from Western Canada hosted by the University of British Columbia and Simon Fraser University.
- Applicants from Alberta post-secondaries for the Alberta cohort.
- Researchers conducting ocean-related research at any Canadian University for the oceans cohort.
Additional information
Here are additional relevant details for this grant:
- The program is recognized as a way to bridge the gap for researchers with no prior entrepreneurial experience.
- Participants will join a community of like-minded individuals from diverse research backgrounds.
- The program includes mentorship from industry experts as a core component.
- The experience is designed to develop entrepreneurial resilience, known as "grit."
Documents and links
Frequently Asked Questions about the Lab2Market Validate Program
Here are answers to the most common questions about the Lab2Market Validate. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Lab2Market Validate?
Get a grant of up to $15,000 in this 16-week program, with access to mentors and advisors, with opportunities for networking and partnerships as you look to develop, test and commercialize or license your science and technology-enabled innovation.
How much funding can be received?
Lab2Market Validate Funds up to $15,000 of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program was September 3, 2024.
Who is eligible for the Lab2Market Validate program?
To be eligible for the Lab2Market Validate program, you must:
Applicants must be researchers (Masters, Ph.D., and Postdocs) from any discipline in Canada.
For applicants under the National Lab2Market Health Cohort, projects must be related to Pharmaceutical, Medical Device, Med-Tech, Human and Animal Health, or Health IT.
What expenses are eligible under Lab2Market Validate?
Lab2Market Validate offers researchers the opportunity to explore and validate their research ideas within the entrepreneurial landscape. The program is structured to help participants develop their business ideas through intensive workshops and real-world applications. Meet and engage with potential customers to gather insights and test market viability.
Participate in mentorship programs with industry experts to refine business strategies.
Build a professional network with peers and industry leaders.
Develop entrepreneurial skills and grit through structured program phases.
Receive funding support to enable focused development and exploration of research ideas.
Where is the Lab2Market Validate available?
The Lab2Market Validate program is available across Canada.
Is the Lab2Market Validate a grant, loan, or tax credit?
Lab2Market Validate is a Grant and Funding