The Embedded Executive Funding helps place a C-level or other senior-level executive with an Ontario-based technology venture to support achieving their next growth milestone.
Ventures can receive up to $50,000 toward the cost of the Embedded Executive’s salary. Each recipient will also be required to contribute $15,000 cash (or 30% of amount requested) over the program’s six-month period.
This program is best suited for novel Ontario-based tech ventures in a later discovery stage or approaching validation and efficiency stage of development.
Embedded Executive is funded through the Business Acceleration Program (BAP) to support entrepreneurs of the ONE network. BAP is funded by the Government of Ontario, and delivered and managed by MaRS.
- Applications open: May 9, 2016
- Deadline for application submission: June 10, 2016
- Review and selection period: June to September 2016
- Projects can be expected to begin: October 3, 2016
For information on application requirements, venture eligibility, and any additional program inquiries, please visit the following link.