adMare Bioinnovations Tx Accelerator

Amount:

Type:

Accelerator

Description:

The Tx Accelerator focuses on early-stage biotherapeutic ventures with the potential for significant market impact. This is a service for equity model with up to $250K provided in integrated services per venture with 5% common equity due only if the company raises more than $3M (at a valuation of at least $4M). Integrated services include: – Scientific and regulatory guidance for pre-clinical and clinical studies;
– Coaching and expertise in business development and IP strategy;
– Access to advanced personalized training and team building;
– Access to the adMare Community digital platform, C-suite executives, industry partners, and investors;
– Direct financial support for ventures to scale-up and complete growth-related milestones;
– Access to state-of-the-art wet laboratory facilities and office space (adMare labs and vivarium in QC and BC, MaRS facility in ON).

Comments on Funding:

Deadline:

Rolling deadline

Eligibility:

Applicants must:
1. be early-stage biotherapeutic ventures with the potential for significant market impact;
2. be ventures working in the following areas will be considered high-priority:
a) Therapeutics: broad range of disease indications (e.g., immunology, oncology, neurology, metabolomics) and categories (e.g., small molecules, biologics, cell and gene therapies);
b) Artificial intelligence/machine learning platforms: supporting drug discovery or digital therapeutics;
c) Enabling platforms: novel drug screen, discovery, and delivery platforms that can result in a novel drug-related IP.
3. be ventures incorporated in Canada with ambitious growth plans, have at least 1 employee, have proprietary IP, and have raised pre-seed funding.

Application Steps:

For details about this program, contact
adMare.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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