Information

SOVAR facilitates the transfer of innovations from the lab to market, by offering personalized expertise and support to inventors. The accelerator specializes in helping researchers and scientists bring their groundbreaking innovations to the commercial market. By providing tailored guidance and support, SOVAR ensures that inventors can navigate the complex process of commercialization effectively. Entrepreneurs benefit from SOVAR's extensive network, strategic advice, and hands-on assistance throughout the various stages of development, from concept to market entry.

How to Apply

To apply for SOVAR's accelerator program, interested inventors and entrepreneurs should visit their official website and explore the 'Apply' or 'Programs' section. The application process typically involves submitting a detailed proposal of the innovation, including its scientific basis, potential market impact, and development plan. Applicants may also need to provide information about their team, funding requirements, and any preliminary research or proof of concept. SOVAR's team will review the applications and select candidates based on the innovation's potential, alignment with their focus areas, and the readiness of the project for commercialization.

Total number of startups invested: 2

Average Funding: Specific information about the average funding round is not provided. However, as a seed-stage accelerator, SOVAR typically supports early-stage innovations with necessary initial funding to help them develop and scale.

Industry: SOVAR primarily focuses on innovations emerging from scientific research and development, particularly those with potential market applications across various industries.

Market: Canada