The Entrepreneurial Lead (graduate student/postdoctoral fellow) should be the main applicant. The Technical Lead (faculty member) must be included as a co-applicant. Only non-confidential information should be provided. The application must include how the research outcomes will contribute to the problem’s solution and assumptions on its potential customer or commercial market. The application should NOT reveal any proprietary information that is not yet publicly disclosed or covered by a patent/provisional patent. Consider any information disclosed in the application non-confidential information. Please contact the technology transfer office at your institution if you have any questions regarding intellectual property.

The application will be reviewed, and short-listed teams will be interviewed. Teams will be short-listed based on:
– the size of the problem
– novelty and quality of the research
– market potential
– commitment to the program

Each short-listed team will be contacted by their local Mitacs representative and will have at least two weeks to complete a Mitacs Business Strategy Internship program application form. Your application will not be considered if you do not complete the Mitacs application on time. The partner organization for the Mitacs application is Springboard Atlantic Inc. Once teams submit the Mitacs application, it will take eight to 10 weeks for review.

Acceptance to the program depends on the success of the Lab2Market Oceans application and the Mitacs funding application. If you are accepted, the Lab2Market Oceans Program Manager will reach out with the next steps for enrolment. Each accepted team will receive an acceptance letter that confirms the funding and the program objectives. Teams also need to follow their university’s policies concerning intellectual property and research commercialization. Teams need to contact their Technology Transfer Office once accepted into Lab2Market.