Closed
Last Update: March 4, 2026
Funding available
$ 15,000
Timeline
- Open Date : July 17, 2024
- Closing date : September 3, 2024
Location
Canada
Overview
Lab2Market Validate offers researchers a 4-month program to assess the commercial potential of their ideas, with $10,000 in funding. It supports market validation, entrepreneurship training, workshops, mentorship, and customer discovery.
/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
- Validating the commercial potential of a research idea.
- Assessing product-market fit through market research.
- Meeting customers and testing assumptions.
- Building entrepreneurial skills through workshops and mentorship.
Documents Needed
- Application form
- Supporting documentation, if provided
- Video submission
Eligibility
Who is eligible?
- Master’s students
- PhD students
- Postdoctoral researchers
- Researchers at Canadian universities and colleges
Eligible geographic areas
- Canada
- Quebec
- Ontario
Processing and Agreement
- Applications are reviewed by the Lab2Market team and external members.
- Selection is based on the program’s stated evaluation criteria.
- Applicants are expected to submit a video as part of the application.
- Once submitted, applications cannot be changed.
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?
Lab2Market Validate offers researchers a 4-month program to assess the commercial potential of their ideas, with $10,000 in funding. It supports market validation, entrepreneurship training, workshops, mentorship, and customer discovery.
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:
Graduate researchers, PhD or postdoc
Based in Canada
Research-based project
What expenses are eligible under Lab2Market Validate?
Validating the commercial potential of a research idea.
Assessing product-market fit through market research.
Meeting customers and testing assumptions.
Building entrepreneurial skills through workshops and mentorship.
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