The UTEST Program

  • Supports start-up companies based on technologies founded upon cutting edge research from the University of Toronto
  • 12 month program
  • Dedicated work space at the University of Toronto located in the heart of Toronto’s Discovery District
  • Intensive entrepreneurial education program provided by MaRS
  • Access to a large network of mentors, coaching and support
  • Access to top professional services experts, investors and tech entrepreneurs
  • UTEST has supported 100+ companies raise $300M+ of follow-on investment

Funding

  • UTEST will invest up to $150,000 in selected companies
    • The UTEST investment is in the form of a SAFE.
  • Access to follow-on investment of up to $500,000 through TIAP
  • Access to provincial and federal funding resources

Eligibility

Applications are open to companies with one or more founders affiliated with the University of Toronto, who are:

  • Current University of Toronto students
  • Current University of Toronto faculty members
  • Recent University of Toronto graduates (within two years)
  • The 2020 cohort will accept applications from UofT-affiliated hospitals. Please ensure an invention disclosure form has been submitted to your host institution’s technology transfer office and they are aware of your UTEST application

Investment Criteria

Over the course of the program, and on a competitive basis, the UTEST investment is eligible based on the following criteria:

  • Disruptive and protectable Intellectual Property
  • Research, technology and/or innovations created at the University of Toronto and disclosed to the Innovations and Partnerships Office as per the University of Toronto Inventions Policy