Lab2Market Validate
At a glance
- Max. $15,000
- Open Date : June 20, 2023
- Closing date : October 06, 2023
- All industries
- Lab2Market
Overview
Eligibility criteria
Lab2Market Validate is open to researchers (Masters, Ph.D., and Postdocs) in Canada. The National Lab2Market Health Cohort specifically targets projects in Pharmaceutical, Medical Device, Med-Tech, Human and Animal Health, and Health IT.
- Researchers must be Masters, Ph.D., or Postdocs in Canada.
- The Lab2Market Health Cohort focuses on projects in specific health-related fields.
Eligible expenses
Eligible expenses for this grant may include project-related costs such as equipment, materials, travel expenses, and other direct costs. Researchers may also be able to use the funding for market research, prototype development, and business validation activities.
- Equipment
- Materials
- Travel expenses
- Market research
- Prototype development
- Business validation activities
Eligible projects & activities
Projects and activities eligible for the Lab2Market Validate grant include:
- Testing and evaluating research ideas in the entrepreneurial landscape
- 16-week program with funding, workshops, and mentorship
- Exploring business potential, meeting customers, and developing entrepreneurial skills
Eligible geographic areas
There are specific geographic areas mentioned for this grant.
- Alberta
- Canada
Evaluation & selection criteria
Lab2Market Validate has specific evaluation and selection criteria for applicants:
- Eligibility based on being a researcher (Masters, Ph.D., or Postdoc) in Canada
- National Lab2Market Health Cohort open to projects in health-related fields
- Demonstrated interest in entrepreneurship and business potential of research
- Participation in the 16-week program
How to apply
- Step 1: Review the eligibility criteria for Lab2Market Validate.
- Step 2: Choose the appropriate program cohort and location.
- Step 3: Prepare all required application materials (e.g., personal information, project details).
- Step 4: Submit your application before the specified deadline.
Additional information
There is no additional information provided for this grant.
Lab2Market Validate Grant Summary:
Lab2Market Validate is a program that offers researchers in Canada the opportunity to validate their research ideas in the entrepreneurial landscape, providing mentorship, funding, and workshops to unlock the business potential of their projects.
Lab2Market Validate Grant Detailed Explanation:
Lab2Market Validate, formerly known as Lab2Market, is a 16-week program designed to help researchers validate their ideas in the entrepreneurial world. The program consists of three main phases: pre-program, core-program, and post-program, each focusing on different aspects of developing entrepreneurial skills and exploring market potential.
Participants are guided through market research methodologies, networking opportunities, and customer interactions. The program is open to Master's, Ph.D., and Postdoc researchers in Canada, with specific cohorts available for health-related projects. With funding support, industry mentorship, and a structured curriculum, Lab2Market Validate aims to bridge the gap between research and entrepreneurship, fostering innovation and business acumen among researchers.
For those interested, there are upcoming cohorts in Alberta and across Canada, with application deadlines and information sessions available for prospective participants. The program has received positive feedback from past participants like Hao Guo, highlighting the valuable experience and knowledge gained through the program.
