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Lab2Market NSERC: Spring 2023 Cohort

Note: This opportunity is hosted online.

The Lab2Market Program is a 16-week program to help researchers validate their ideas with the purpose of finding business/commercial value. The program is based on similar programs that have found success in other parts of the world, but with a Canadian twist. The Lab2Market team is made up of founders and operators that have worked in the field of deep tech and entrepreneurship. The Stem Cell Network is pleased to collaborate with Lab2Market NSERC to support the participation of the stem cell and regenerative medicine research community in the upcoming Lab2Market NSERC Cohort.

Lab2Market brings a scientific approach to entrepreneurship to help researchers assess and reduce the commercial risk associated with their projects. Participants will form hypotheses about their potential customers, their business model, and market entry point. These hypotheses are then validated through market research. The data collected is analyzed, adjusted, and then iterated upon. In this way, participants gain clarity on both the commercial feasibility of their project and their path to market. The program is four months in duration and is broken up into three training phases.

As a participant in Lab2Market NSERC you will receive:

  • $15,000 in funding
  • Training from innovation leaders
  • The opportunity to assess product-market fit
  • Access to advisors, industry experts, and funders
  • Access to a vast entrepreneurial network and community
  • The opportunity for future funding through the NSERC I2I Phase I grant

More details, including the program schedule can be found in the informational packet here. For additional information, sign-up for an information session here.

Who Should Attend?            

Applicants must apply in teams consisting of:

Entrepreneurial Lead (EL) – A full time graduate (Masters or PhD) student, postdoctoral fellow within five years of having finished their graduate degree, or research assistant. The EL is expected to work on the project full-time (20-40 hours/week) over the duration of the program, representing the team in all training sessions and leading all activities. Please note, undergrads are also eligible if they have been involved in the generation of the project’s intellectual property.

Technical Lead (TL) – The principal investigator of the research project. The TL isexpected to participate in select training sessions and assist the EL throughout the program. The TL must be eligible to receive funds from NSERC.

The Lab2Market NSERC program is open to all researchers in Canada. To be eligible for seats supported by Stem Cell Network, researchers must be working in the field of stem cells and regenerative medicine in a Canadian lab.

 Application Procedure:

  1. Complete the application form here by the Lab2Market NSERC Spring 2023 deadline (December 2, 2022). Please note, to start the Lab2Market NSERC application process, applicants must contact their ILO or Technology Transfer Office (TTO) and obtain a written letter of support.
    1. When completing the application, ensure you click the box “Email me a copy of my responses” at the bottom of the application form.
    2. Email a copy of your application responses to Ellie Arnold, Training Coordinator, Stem Cell Network (earnold@stemcellnetwork.ca) by December 2, 2022. In your email, please also include a short description (max 250 words) of how the invention/project that is the subject of your Lab2Market application fits within the field of stem cells and regenerative medicine (for definitions, see eligibility criteria).
    3. Applications will be assessed by the Lab2Market NSERC team and successful Stem Cell Network participants will be selected in cooperation with SCN administration and/or the Stem Cell Network’s Training and Education Committee.
  2. Selected applicants will participate in team interviews from December 5 – 9, 2022. It is mandatory that both the Entrepreneurial Lead (the student) & Technical Lead (the faculty researcher/PI) attend. The interview will assess the team’s dynamic and overall program fit.
  3. Applicants selected from team interviews will work with their ILOs to complete an NSERC I2I Market Assessment Grant Application due January 6, 2023, at 8 p.m. EST.Applicants will be notified of their approval for NSERC funding and full acceptance into the L2M NSERC program by the tentative date of January 31, 2023.

Eligibility Criteria

  • The program is funded through NSERC’s I2I Market Assessment program and requires a written letter of support from the applicant’s respective Industry Liaison Office (ILO) or equivalent to be submitted as part of the application package.
  • The applicants and their projects (see NSERC project eligibility) must be NSERC funding eligible: If you are unsure of your eligibility please contact I2I program staff at 343-552-8948 or i2i@nserc-crsng.gc.ca, or Wesley Kosiba, Lab2Market Learning and Recruitment Specialist at wkosiba@ryerson.ca, prior to submitting your application.
  • Please note, as per I2I requirements, the technology/IP needs to be disclosed according to institution policy and the ILO must support you by working on the proposal. To fulfill their mandate, the ILO can request assignment of the IP (for more details please see the I2I program description). After receiving written confirmation from your ILO that they support your application, you can start the application process (see Application Process & Guide).
  • To be eligible for seats supported by Stem Cell Network, researchers must be working in the field of stem cells and regenerative medicine in a Canadian lab and the technology/IP must be within the field of stem cells and regenerative medicine. Regenerative medicine is the branch of medicine that develops methods to regrow, repair or replace damaged or diseased cells, organs or tissues. Regenerative medicine includes the generation and use of therapeutic stem cells, tissue engineering, and the production of artificial organs. Applications that are focused on cancer must be regenerative in nature and/or use stem cells for addressing the proposed problem.

Reporting and Communication Requirements:
By accepting a place in this program, the recipient agrees to provide a report describing the value of the training and networking opportunities made available through the program. This information will be used at SCN’s discretion on its website, newsletters and for the purpose of reporting to their funding agencies. By registering for this program attendees also accept to have their pictures taken during the program and used in materials as described above.

Questions:
For further information on this Lab2Market program contact Wesley Kosiba, Lab2Market Learning and Recruitment Specialist at wkosiba@ryerson.ca. For SCN application related enquiries, please contact Ellie Arnold at earnold@stemcellnetwork.ca.

APPLY HERE

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