The Startup Garage is an initiative of the University of Ottawa’s office of Technology Transfer & Business Enterprise to foster and support student entrepreneurship in the Ottawa area.
The program offers youth-led ventures the opportunity to accelerate their business by working full time over the course of three months during the summer. Startup Garage provides each participant company with four essential tools: cash, space, mentorship and support. The deadline to apply is February 4th, 2016.
The program is delivered through the generous support of Capital Entrepreneurs (Ontario Centres of Excellence), Invest Ottawa, Gowlings,Logan Katz L.L.P. and adjoy.
Who is Eligible?
• Entrepreneurs between the ages of 18 and 29;
• University of Ottawa, Carleton University, Algonquin College and La Cité Collégiale undergraduate or graduate students – regardless of age;
• uOttawa recent graduates (graduation date after June 2014) – regardless of age.
The applicant must reside in Ottawa or Eastern Ontario (must be in Ottawa from June through August). Individual applicants are discouraged; teams are encouraged! Students are strongly supported in building teams before they build their business.
Startup Garage is looking for companies that need help taking their business to the next level, whether this means building a great product, launching a beta product, ramping up sales, expanding to new markets or gaining the appropriate traction to secure additional funds. Startup Garage is looking for a team that has strong domain expertise, coupled with business and technical backgrounds as well as a clear understanding of the “hustle” it takes to be an entrepreneur.
Your company’s product should be tailored to a specific need, significant enough to warrant that a customer pay for it. Speak to your potential customers!
Your company’s product should be innovative and have a clear differentiating factor with respect to other currently available solutions that answer the same need.
The number of customers willing to buy your product (i.e. your market) should also be large enough to allow your company to grow.