University of Toronto Early Stage Technology Program (UTEST)
The UTEST Program is announcing its fifth call for companies. UTEST provides nascent UofT start-up companies with seed funding, 12 months of incubation space @ the Banting Institute, intense entrepreneurial education provided by MaRS, mentoring and business strategy support.
For 2016 we have partnered with one of Canada’s leading angel groups, MLA48, which gives us the ability to invest $110,000 per company in up to ten (10) companies. UTEST companies also have access to up to $500,000 in follow-on investment from our partner organization, MaRS Innovation.
UTEST companies have gone onto raise over $20M in follow-on investment with one acquisition.
Full program information and application can be found on the UTEST program page:
Applications are due May 27, 2016.