skip to main content
Back to all blog posts

Posted in: Startup | Startup Programs | Seed Funding | Investors | Incubators/Accelerators | Funding | Angel Investors

Apr 21, 2016

UTEST & MLA Partner to Assist Startups - Applications Open

From April 15 to May 27, 2016, the University of Toronto Early-Stage Technology ("UTEST") Program, in partnership with angel investor group Maple Leaf Angels ("MLA"), is accepting applications from companies seeking startup funding, strategic mentoring and office space. The UTEST Program assists emerging startups with seed funding, 12 months of incubation space at the Banting Institute in downtown Toronto, exposure to entrepreneurial education provided at MaRS and business strategy support from experienced mentors.

This will be UTEST's fifth call for companies and is the first time UTEST will be partnering with MLA through the MLA48 program, which assists local startups gain access to investment opportunities on accelerated timelines. MLA48 is a limited partnership comprised of accredited investors that are also MLA members. The organization considers investing up to $60,000 per company into early-stage startups that have yet to receive seed funding. Through this new partnership, UTEST is now able to invest $110,000 per company in up to 10 companies that are successful in applying to the UTEST Program. The application form and relevant timelines can be found here.

MLA and MLA48 have also partnered with Aird & Berlis LLP by co-organizing a series of events bringing entrepreneurs and angels investors together, hosted at Aird & Berlis LLP's offices in downtown Toronto.

Related Blogs

Posted in: Resources | Startup Programs | Government Incentives | Startup | Funding

Insights StartupSource
Innovation York Supports Local Innovators Through Research By Shannon L. Corregan Mar 23, 2018 Innovation York is finding new ways to support local innovators through access to research resources. This blog has written before about Innovation York’s entrepreneurship program, LaunchYU, but the Innovation York office also supports startup companies to develop and implement their passions wit...

Posted in: Startup | News

Insights StartupSource
Toronto Ranks as Fastest Growing Tech Market in North America By Shannon L. Corregan Aug 29, 2017 The development of a highly-skilled labour market is key to success in the tech field. For that reason, Canadian entrepreneurs had cause to celebrate the CBRE’s annual Scoring Tech Talent Report, which ranked Toronto as the fastest-growing tech market in North America.

Posted in: Startup | Strategy | Intellectual Property | Funding

Insights StartupSource
Cross-Border Considerations for Canadian Startups Apr 08, 2016 Startup Source's Mat Goldstein recently contributed to a Techvibes article, entitled "Cross-Border Considerations for Canadian Startups," which considers the benefits of setting up a cross-border corporate structure. The article examines a corporate structure known as the "Delaware Straddle." In ...