ESCF is closed for fall 2017 submissions. The deadline for the winter round is February 8, 2018. Check out the overview of the opportunity and read more below.
If you’re a researcher engaged in information technology, life sciences, clean technology, ocean technology, or other technology development with market potential, this opportunity is for you. Submit your proposal using our template by February 8, 2018.
Up to $50,000 in funding is available per project.
Funds can be used to assess market potential, develop go-to-market strategies, perform strategic planning, create/update business plans, assist with intellectual property protection strategies, finish proof-of-concept development, build prototypes and leverage of other funds.
NEW: Funds are available to target ocean technology projects. Ocean technology ESCF projects can include ocean energy; marine transportation; marine tourism; and seafood and aquaculture technologies.
ESCF helps move Nova Scotia university, college and university-affiliated hospital research to market. ESCF assists and supports the academic community in the pursuit of entrepreneurial opportunities. The purpose of ESCF is to provide support for projects demonstrating readiness to advance a technology that has achieved, or is close to achieving, a prototype/proof-of-concept stage and is approaching market readiness with a possibility of attracting industry partners and/or investment. The prospect of generating a new revenue stream must also be apparent.
Administration and management of ESCF follow Innovacorp’s approach to technology commercialization through early stage investment, incubation and other acceleration initiatives.
• Promote and accelerate technology transfer activities in Nova Scotia post-secondary institutions
• Provide the opportunity to assess the commercial potential of intellectual property
• Narrow the gap that exists at the beginning of the commercialization process, and enable projects to move closer to industry collaboration and/or technology spin-off
Nova Scotia university and college faculty members, as well as staff and clinicians within university-affiliated hospitals, are eligible to apply. Applications from graduate students and post-docs will be considered, provided a faculty member is a co-applicant.
How to Apply
Innovacorp's Early Stage Commercialization Fund is closed for fall round submissions. The deadline for winter round proposals is Thursday, February 8, 2018, at 5:00 pm (Atlantic). Please use our Microsoft Word PROPOSAL FORM, answering the questions in the boxes provided and attaching all other components required for the submission as outlined in the overview, and then SUBMIT IT TO US VIA EMAIL.