McMaster University has received $300,000 from the provincial government to expand entrepreneurship programming for startups.

The investment comes from Intellectual Property Ontario (IPON) as part of their postsecondary funding program, which was created to enhance commercialization efforts within Ontario’s postsecondary sector and drive economic growth.

The funding for McMaster will be used to expand the Startup Survivor program. Hosted by the Forge, the four-month innovation program and pitch competition supports McMaster student and alumni  entrepreneurs as they work to launch and grow their ventures.

The Clinic will be a key partner in program development, creating more cohesive and scalable pathways for Startup Survivor participants to develop, protect and commercialize innovative ideas. Part of the DeGroote Heersink Hub, the Clinic is McMaster’s health innovation hub focused on training the next generation of innovators.

With support from IPON and the Clinic, the Forge will double the number of yearly program participants from 10 to 20 teams — providing $230,000 in funding directly to startups — and broaden access to IP education and mentorship. IP education is directly embedded in the Startup Survivor program, ensuring participants develop foundational competencies in IP strategy, ownership, protection and commercialization.

Source: McMaster awarded $300,000 to expand Startup Survivor program – McMaster News