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Emera IdeaHUB: Build Program

by Maurice | February 3, 2023

Amount:

$10,000

Type of Program:

Entrepreneurship Program


Description:

BUILD is a 10-month rigorous program that helps founders take their physical product idea from design to prototype and prepare for manufacturing and scale. BUILD includes workshops and one-on-one sessions to advance hardware companies in Atlantic Canada. Sessions are focused on designing/building hardware in addition to business fundamental sessions for running a startup.
The BUILD program consists of a series of 4 modules, each focused on a different stage of product development: Prototype, Build, Scale. 

  1. 1
    CPO Track: Hands-on product development sessions to get the applicant through rapid prototyping, build, iterating and testing. New sessions on design for manufacturing and supply chain. Access to faculty and industry experts;
  2. 2
    New CTO Track: support for software and data/analytics considerations for deep tech product;
  3. 3
    Team Track: MIT facilitated sessions on Disciplined Entrepreneurship, to ensure entire founding team has consistent understanding of venture building fundamentals;
  4. 4
    HUB System: Monthly accountability meetings, access to Faculty and Industry, Entrepreneurs in Residence, and support for material budgeting and sourcing processes. Team development workshops and coaching.

Comments on Funding:

Funding is $10,000 per company to purchase materials to build operational prototype.


When It Ends:

Ongoing

Deadline:

Next deadlines to be determined

Eligibility:

Applicants must be Atlantic Canada startups which:

  • have between 1- 4 founding team members;
  • are seeking more industry and Faculty advisors to refine their product;
  • are expanding their team and positioning for funding;
  • need a prototype for proof of concept.

Application Steps:

1

Applicants must email the completed application to ideahub@dal.ca;

2

Applicants must present to the Operations Committee, if selected among the top candidates for full-time residency.

Documentation Needed: 

No specific documentation has been identified.

Other Things to Note:

Emera ideaHUB and Innovacorp work together to fund and accelerate BUILD client companies. 

Program Contact:

Build | Design, develop & build your MVP — Emera ideaHUB

Related posts:

CBDC Self Employment Assistance (SEA)
CBDC First-Time Entrepreneur Loan
CBDC General Business Loan
CBDC Innovation Loan

About Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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