Type of Program:
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.
- 1CPO 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;
- 2New CTO Track: support for software and data/analytics considerations for deep tech product;
- 3Team Track: MIT facilitated sessions on Disciplined Entrepreneurship, to ensure entire founding team has consistent understanding of venture building fundamentals;
- 4HUB 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:
Next deadlines to be determined
Applicants must be Atlantic Canada startups which:
Applicants must email the completed application to firstname.lastname@example.org;
Applicants must present to the Operations Committee, if selected among the top candidates for full-time residency.
No specific documentation has been identified.
Other Things to Note:
Emera ideaHUB and Innovacorp work together to fund and accelerate BUILD client companies.
Leave a Reply