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APPLICATIONS ARE OPEN FOR THE 2024 SYNAPSE PITCH COMPETITION

Innovator finalists receive training, mentorship, a $5,000 grant and a chance to pitch and compete for BIG in cash and prizes.

Student finalists gain first-hand entrepreneurship experience and a $500 honorarium.

SYNAPSE TIMELINE GRAPHIC.png

Synapse combines the ideas and research of life science innovators with the intellect and strategy of students. Which one are you?

microscope, innovation

WHY PARTICIPATE

  • Receive a $5,000 grant to support the growth of your business

  • Develop your commercialization plan and pitch

  • Participate in business training workshops to help you bring your idea to market

  • Work with Masters/Ph.D. students with expertise in biomedical, business and engineering

  • Establish valuable connections within the life science community

  • PLUS! Compete for a chance to win BIG cash and in-kind prizes.

WHO SHOULD APPLY

  • Early-stage companies, innovators, scientists or researchers with a life science product, service or idea

  • A driven, coachable, and collaborative leadership founder/team

  • Located in Southern Ontario

  • Companies who are incorporated in Canada or will have completed incorporation by December 31, 2023

  • Has not placed in the top 10 at a previous LiONS LAIR, or placed in the top 3 at a previous Synapse Competition

HEAR FROM A PREVIOUS INNOVATOR!

NEED TO HEAR MORE? HERE'S ANOTHER!

book, student, life sciences

WHY PARTICIPATE

  • Receive a $500 honorarium for participating

  • Gain business experience working with an innovative life science start-up company

  • Work hands-on to create a commercialization plan, poster and prepare a pitch

  • Attend business training workshops and grow your resume

  • Establish valuable connections within the life science community

WHO SHOULD APPLY

  • Upper-year college and university students

  • Master’s-level or Ph.D. students

  • Recent graduates

  • Experience in business, engineering, science, or commercialization

  • Interest in partnering with an innovator to help commercialize their idea

HEAR FROM A PREVIOUS STUDENT!

STILL NOT CONVINCED? HERE'S ANOTHER!

 

KEY DATES

September 29, 2023:  Applications open

November 12, 2023:  Applications Close

December 2023:  Finalists Notified

January 4, 2024:  Networking & Team Formation

January 11, 2024:  Commercialization Plan Training

January 18, 2024:  Regulatory Training

Jan - Feb, 2024:  Business Advisory Meetings

February 6, 2024:  Commercialization Plan Due

February 15, 2024:  Investor Pitch Training

Feb 29, 2024:  Elevator Pitch & Poster Due

March 20, 2024:  SYNAPSE PITCH COMPETITION SHOWCASE

*Dates subject to change

Questions about the competition? Email kaitlyn.spivak@innovationfactory.ca

 

Some fine print.

Participants shall:

1) Complete and submit an online application by 11:59 pm Eastern Standard Time (EST) on November 12, 2023
2) Certify that any documentation shared in the application process is their own work;
3) Certify that they abide by all guidelines of the Forum; and
4) Be limited to submitting only one application per participant.

Any submissions received by the Organizers, which are illegible or have not been received through legitimate channels are automatically void.

Participants must be residents and business owners in Ontario, Canada. Innovation Factory clients, and/or members of the Hamilton Chamber of Commerce are eligible to participate in the Competition. Any corporation or enterprise with revenues in excess of $1 million are not eligible for the Competition.  Applicants who have previously participated in both, LiONS LAIR and the Synapse Competition, or either competition more than once; and/or who placed in the top ten at a previous LiONS LAIR, and/or placed in the top three at a previous Synapse Competition shall be precluded from participating in this Competition. 

The Organizer assumes no responsibility for any problems or technical malfunction of any telephone network, telephone lines, computer online systems, servers, access providers, computer equipment, software, or the failure of any application to be received by the Organizer on account of technical problems or traffic congestion on the internet or at any website, or any combination thereof.

 

Participants selected to participate in the Forum will be notified by telephone or email. Up to three (3) attempts will be made to contact the selected participants within three days following their selection. The Organizers accept no liability for incorrect, incomplete or illegible contact information provided. If a selected participant cannot be contacted in the manner described above or fails to respond in a timely manner, its application will receive no further consideration by the evaluation panel.

Impartial third-party judges will evaluate and score all applications, from which up to 15 (fifteen) finalists will be selected.

The participants chosen are required to:

  • participate in training sessions from January to March;

  • submit a commercialization plan;

  • deliver a verbal pitch that will be recorded and made available online;

  • participate in sponsor related engagements;

  • participate in the in-person or virtual production of the Competition

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