Lab2Market Launch
Lab2Market Launch is a transformative 4-month program designed to equip entrepreneurial students and research teams with the skills and mindset needed to turn innovative ideas into scalable technology-based ventures. Tailored for ambitious individuals ready to form, build, and grow their businesses, the program combines local innovation hub support with the credibility and resources of the national Lab2Market network.
📅 Opportunity Details
- Date Published: August 20, 2025
- Application Deadline: September 26, 2025
- Category: Training, Entrepreneurs
- Eligible Locations: Canada
🌟 Benefits of Lab2Market Launch
-
Expert Guidance:
Receive tailored just-in-time instruction, mentorship, and coaching from seasoned entrepreneurs, industry experts, and a simulated board of directors. -
Financial Support:
Access $10,000 in stipends at no cost to participants. -
Practical Skills and Validation:
Refine your business model through workshops while gaining actionable insights to accelerate your venture. -
Showcase and Networking Opportunities:
Pitch your venture to key ecosystem stakeholders and leave with a validated business case ready for funding opportunities. -
Supportive Ecosystem:
Collaborate with a Canada-wide network of experienced entrepreneurs, industry leaders, and researchers dedicated to helping you build and grow your venture.
✅ Eligibility Requirements
Team Composition
Each team must include:
- A current graduate student (Masters or PhD), postdoctoral fellow (within 5 years of graduation), or a recent graduate within two years of completing their academic program in Canada.
Note: College students are eligible. - A faculty supervisor.
Market Validation
Teams should have conducted substantial primary market research, including at least 50 customer discovery interviews, and be able to demonstrate the market opportunity for their technology with supporting evidence.
Funding & Time Commitment
The program is partially funded through the Mitacs Business Strategy Internship (BSI) program. Participants must:
- Meet Mitacs eligibility requirements.
- Commit full-time (30+ hours per week) to qualify for the stipend.
📋 Application Process
Note for Applicants
Applicants are expected to have conducted thorough primary market research (i.e., stakeholder interviews) to determine if there is a significant market need for their theorized offering. You should be able to explain how your technology would solve your identified customer problem or improve upon existing products or services.
Application Stages
- Stage 1: Lab2Market Application
- Stage 2: Team Interview
- Stage 3: Mitacs BSI Application
Funding for Lab2Market is provided in part by Mitacs' BSI program. Please ensure that you are eligible for Mitacs funding prior to applying. If unsure, contact Mitacs BD.
📅 Application Deadline
September 26, 2025
🌐 Application Portal
- View details of Lab2Market Launch.
- Apply for Lab2Market Launch.
This program is an excellent opportunity for entrepreneurial researchers and innovators to gain the skills, resources, and network needed to turn their ideas into successful ventures. Don't miss out!
- Expert Guidance: Benefit from tailored just-in-time instruction, mentorship, and coaching from seasoned entrepreneurs, industry experts, and a simulated board of directors.
- Financial Support: Access $10,000 in stipends at no cost to participants.
- Practical Skills and Validation: Refine your business model through workshops, all while gaining actionable insights to accelerate your venture.
- Showcase and Networking Opportunities: Pitch your venture to key ecosystem stakeholders and leave with a validated business case ready for funding opportunities.
- Supportive Ecosystem: Collaborate with a Canada-wide network of experienced entrepreneurs, industry leaders, and researchers dedicated to helping you build and grow your venture.
