Lab to Market grants: New initiative to support entrepreneurial training
January 12, 2024
On behalf of the Government of Canada, the Natural Sciences and Engineering Research Council of Canada (NSERC), in collaboration with the Canadian Institutes of Health Research (CIHR) and the Social Sciences and Humanities Research Council (SSHRC), is pleased to launch Lab to Market grants, a new tri-agency initiative designed to foster the development of entrepreneurship skills and commercialization capacity within networks across the academic community.
The Lab to Market grants initiative stems from the Government of Canada’s commitment in the 2022 Federal Budget to launch a new national program to help students and researchers take their work to market. This initiative is designed to equip researchers and highly qualified personnel with essential tools, resources and knowledge to transform their academic research into innovations ready for market.
Lab to Market grants support Canadian post-secondary institutions and their affiliated institutions in creating and sustaining networks across Canada dedicated to the development and delivery of entrepreneurial skills training. These networks will offer a comprehensive mix of training, mentorship, hands-on experience and collaboration with organizations that can contribute to the development and implementation of entrepreneurial skills training programs.
The Lab to Market initiative provides stable, long-term funding for all disciplines within the natural sciences, engineering, the social sciences, the humanities, and health. Lab to Market grant funding will support networks where participants will be encouraged to foster and build an entrepreneurial ecosystem that elevates innovation and contributes to the economic and societal impact of Canadian research. These grants will provide support ranging from $1 million to $10 million per year for a period of up to five years, with a possibility of renewal.
Applicants must submit a mandatory Letter of Intent (LOI) by February 12, 2024, for peer review, and if successful, will be invited to submit a full proposal by September 9, 2024. LOIs and full proposals must be submitted through the Convergence Portal.
Please read the Lab to Market grants description for more details.
Webinars will be offered to present information on Lab to Market grants and answer questions.
Date and time: January 25, 2024, from 2 p.m. to 3 p.m. (ET)
Meeting ID: 249 157 454 131
Date and time: January 25, 2024, from 10 a.m. to 11 a.m. (ET)
Meeting ID: 239 565 329 229
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