UTEST Startup Incubator Accepting Applications

Posted by Techvibes NewsDesk

UTEST, a technology startup incubator at the University of Toronto, is one of Canada's eight largest accelerators. But it's also among the quietest.

The UTEST program is part of the school's growing ecosystem of incubators and commercialization support services; in partnership with MaRS Innovation, it provides nascent software companies with startup funding, mentoring, business strategy and office space in the MaRS Discovery District facility.

The program, whose graduates include Crowdmark and Whirlscape, is accepting graduates for its third cohort until April 17. Its seeking disruptive startups in software, primarily in the business-to-business space.

UTEST's program is atypically long at 12-months but includes a $30,000 investment in exchange for a 5% equity stake plus access to a potential follow-on investment of up to $500,000 from MaRS Innovation, as well as the standard promise of mentorship.

Company:
Crowdmark
Website:
https://crowdmark.com
Location:
Toronto, Ontario, Canada

Crowdmark provides a cloud-based workflow that makes grading faster, more consistent, and easily shared in communications among students and instructors. Evaluating student work currently involves paging through piles of paper or using ineffective multiple-choice exams. Crowdmark streamlines document assessment and makes it easy for instructors to rapidly mark the work of their own students, or to assemble and... more

Company:
Whirlscape
Website:
http://www.minuum.com
Location:
Toronto, Ontario, Canada

Minuum was inspired by a University of Toronto research project to invent a better sight-free text entry technique for touchscreen mobile phones. This encouraged one of the researchers, Will Walmsley, to investigate various device tilting techniques relying on user motion. more

Company:
UTEST
Website:
http://www.utest.to
Location:
Toronto, Ontario, Canada

The UTEST Program is part of the University of Toronto's growing ecosystem of incubators and commercialization support services. In partnership with MaRS Innovation, it provides nascent software companies with start-up funding, mentoring, business strategy and office space in the MaRS Discovery District facility. more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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