The type of membership offered to companies is based on an in-depth review of the company"s application. The business and technology reviews focus on the potential for successful commercialization, capability and appropriateness of the company"s management, the status of its financing, financial needs, intellectual property status, market focus and commercialization plan. In addition, companies are evaluated based on the completeness of their business plan and on their capacity to benefit from the incubator services (location).Companies meeting all Emergence membership criteria are granted Full Member status while companies that do not meet one or more criteria are granted associate member status.
Company Status and access to services:
Emergence mentors and staff assist pre-incubation companies in addressing key strategic and feasibility issues. Pre-incubation members may be offered access to certain specialist services partially sponsored by Emergence. In addition, pre-incubation companies may benefit from access to Emergence"s networks.
Associate members receive support from the Emergence team to develop their business plan, business model and to address strategic issues. Critical development pathway gaps may be filled through specialist services. Team mentorship and access to Emergence"s networks are also available to Associate Members.
Companies admitted to the incubation program as Full Members are assigned a mentor and can chose to receive team mentorship. In addition, full members have priority access to specialist services and to Emergence"s networking support.
Program length limit:
Emergence is a multi-year incubation program by design and a time limit to the participation in the program is not predetermined. A company will be allowed to participate in the incubation program for as long as it continues to progress and grow. After exit from the program client companies may chose to continue to participate in certain components of the Emergence program such as networking and partnering activities.