Life Sciences Innovation Fund (LSIF)
$500,000
Investment
Description:
The Life Sciences Innovation Fund (LSIF) is an early-stage co-investment fund that supports companies in Life Sciences and Healthcare Technologies sectors related to human health. The fund is aimed at addressing the unique challenges faced by life sciences entrepreneurs moving innovative and capital-intensive investments from a conceptual stage through to commercialization. Through the fund, OCI co-invests with angel and other investors to help de-risk the opportunity, assisting start-ups in becoming investor and customer ready and allowing them to attract follow-on investment.
Comments on Funding:
FUNDING
Investment up to $500K at
the pre-seed and seed
stages.
Continuous Intake
Eligibility:
Applicants must be start-ups that:
1. Incorporated for no more than five years (Ontario or Canadian for-profit incorporation) and have principal operations in Ontario.
2. Have raised less than $3 million from third-party capital.
3. Seeking to raise Pre-Seed and Seed investments (total round sizes range from $1 to $5 million).
4. Ontario-based accredited investors should be part of the investment round.
Application Steps:
Applicants must complete an interest form to
indicate your company’s interest in the Life Sciences Innovation Fund (LSIF).
Documentation Needed:
Applicants must submit an interest form
Other Things to Note:
About the author
Maurice
