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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 on Monday, May 29 and close on Thursday, June 29. For more information, visit www.marsdd.com/funding/embedded-executive/.