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Does the applicant have the legal right to work in Canada during the term of the program?
Please provide an overview of your venture using language that's accessible to a broader audience, avoiding technical terms.
Discuss your innovation in non-technical terms.- Describe the novelty of your innovation.
- How does your innovation address challenges faced by the aerospace sector?
Describe the technology that drives your solution in technical terms.- Give a clear and detailed explanation of how your technology works.
Elaborate on your technology readiness.
- Describe the current state of your prototype.
- How would a typical end-user interact with your prototype today?
- What technical milestones have been recently overcome?
How is your intellectual property currently protected?
- Provide patent numbers, copyright registration, or other relevant and non-confidential information.
Describe your beachhead market. - What problem do you solve and for whom? Characterize your ideal first user/customer.- Describe the size of the market: TAM, SAM, and SOM
- Explain the route-to-market strategy
Competitor analysis.- Outline your main competitors and competitive differences.
Describe the value/impact your startup will create.
- Include economic, environmental and societal impact.
Describe the main applicant
- What from their technical expertise and entrepreneurial leadership makes them the best candidates to lead the commercialization of this innovation?-
Indicate the commitment for each co-founder (including the applicant) and describe their role on the team.
- Include a short description of contributions and commitment to future company development and growth.
- Describe both strengths and gaps in team expertise.
List and describe additional company supports.
- Include: industry collaborators/partners, board members, advisors, etc.
- Describe their key contributions and level of commitment to the company.
How has the innovation been funded so far and how much additional funding do you estimate will be required to bring the solution to market?- Include both dilutive and non-dilutive financial support you have received so far.
- Describe your plan and timeline for securing funding beyond the financial support from the program.
What are your key Professional Development and Leadership goals for the next two years?
- Describe how you will leverage the program to achieve these goals.
What are the key company milestones for the next two years?
- technical milestones
- company development milestones
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