SFU VentureLabs
BC, Canada
Resources for scaling up in BC
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
Expert Advice
grant_single|eligibleIndustries
- Information and cultural industries
- Professional, scientific and technical services
grant_single|grantors
- Simon Fraser University VentureLabs
grant_single|status
grant_card_status|open
grant_single_labels|preview
Become a member and get access to a network of resources as well as hands-on mentorship. This will help you tackle unique challenges in scaling up your business and commercializing your science-and-technology innovations.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$15,000
Calgary
Creating a legal strategy for a cooperative's compliance with new labor laws
$25,000
Toronto
Implementing a legal framework for social enterprise tax compliance and contractual obligations
$55,000
Montreal
Developing and implementing an IP strategy for a startup's technology innovation
$20,000
Vancouver
Developing a legal strategy for patent protection of a new biotechnology innovation
$50,000
Ottawa
Implementing a compliance strategy for health and safety regulations in a small manufacturing firm
$60,000
Quebec City
Setting up a new legal framework for a general partnership's operational compliance
grant_single_labels|admissibility
- Companies must be located in British Columbia, Yukon, Nunavut, or Northwest Territories to be eligible for the AccelerateIP program.
- Startups should have a product market fit and a focus on science and technology-based innovations.
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for the AccelerateIP grant offered by SFU VentureLabs. Companies in British Columbia, Yukon, Nunavut, and Northwest Territories that are science and technology-based startups can benefit from financial support for protecting, managing, and leveraging their intellectual property.
- Science and technology-based startups
- Companies in British Columbia, Yukon, Nunavut, and Northwest Territories
grant_eligibility_criteria|who_cannot_apply
Some types of companies may not be eligible for this grant:
- Non-technology-based companies
- Companies not located in the specified regions (BC, Yukon, Nunavut, Northwest Territories)
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include legal strategy development costs of up to $25,000 and legal implementation costs up to $60,000.
- Legal strategy development costs
- Legal implementation costs
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The program provides financial support for protecting, managing, and leveraging intellectual property of startups.
- Education and Awareness: Gain foundational IP training
- Strategy: Get 1:1 mentorship and up to $25,000 of eligible costs covered for legal strategy development
- Implementation: Access financial support to cover up to $60,000 of eligible legal implementation costs
grant_single_labels|register
- Step 1: Contact VentureLabs at accelerateip@venturelabs.ca to express interest in the grant.
- Step 2: Provide necessary information about your company and its intellectual property assets.
- Step 3: Participate in educational training sessions related to intellectual property.
- Step 4: Work with mentors to develop a legal strategy for protecting and managing intellectual property.
- Step 5: Apply for financial support to cover legal implementation costs related to intellectual property.
grant_single_labels|contact
accelerateip@venturelabs.ca
Apply to this program
AccelerateIP Grant Summary
AccelerateIP is a financial support program offered by SFU VentureLabs to help innovative startups in BC, Yukon, Nunavut, and Northwest Territories protect, manage, and leverage their intellectual property. The program includes education and awareness, strategy development with mentorship, and financial support for legal implementation, with up to $85,000 available in funding.
AccelerateIP Grant Overview
The AccelerateIP grant program, led by New Ventures BC in collaboration with Innovate BC and other accelerators, aims to assist startups in developing and safeguarding their intellectual property assets. Through three streams of programming—Education and Awareness, Strategy, and Implementation—eligible startups can receive up to $85,000 in financial support to cover legal costs associated with protecting and leveraging their intellectual property.
The Education and Awareness stream provides foundational IP training to help startups understand the importance of intellectual property rights and how to protect their ideas. This training equips entrepreneurs with the knowledge and skills necessary to navigate the complex landscape of intellectual property.
For startups looking to develop a comprehensive IP strategy, the Strategy stream offers 1:1 mentorship and guidance to help companies identify and prioritize their intellectual property needs. Through this personalized mentorship, startups can create a tailored strategy that aligns with their business objectives and growth plans.
Once a strategic plan is in place, startups can access financial support through the Implementation stream to cover up to $60,000 of eligible legal costs related to implementing their IP strategy. This financial assistance can be crucial for startups seeking to register patents, trademarks, or copyrights, or to enforce their IP rights.
Overall, the AccelerateIP grant program is designed to support startups in BC, Yukon, Nunavut, and Northwest Territories in protecting their intellectual property assets and maximizing their competitive advantage in the market. By providing financial support, mentorship, and access to resources, this program empowers startups to secure their innovations and drive sustainable growth.
