Client Application Guide About Emergence
Emergence is an virtual bioincubator focused on supporting its companies to achieve commercialization success. The program is designed to assist entrepreneurs and SMEs in the development of bioactive based products and services that range from food to pharmaceuticals including diagnostics. The Emergence program offers its companies experienced mentorship, financial assistance for the development of critical projects and access to networks.
The Application Process
Step 1- Contact and first meeting
Companies interested in enrolling in the incubation program should first contact Emergence.
The application process begins with an informal meeting between the applicant and Emergence staff for the exchange of information. Through this process, Emergence staff will determine the eligibility of the company to participate in the Incubation program.
Emergence’s eligibility criteria include:
Based on the initial meeting and our eligibility review, the company may be invited to submit an application to join the Emergence program.
Step 2 – Submit online application
Applications are submitted online through our website and should include a non-proprietary description of the company’s business goals, milestones, products, services and/or technologies. This information will be utilized to determine membership status and to facilitate support to your company by informing Emergence mentors and staff.
Step 3 – Review of application
Membership is based on an in-depth evaluation of the company’s application. The focus of the business and technology reviews is on the potential for commercialization, capability of the company’s management, the status of its financing, financial needs, intellectual property status, market focus, level of business, product or process innovation, 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.
Once accepted into the program, clients will be assigned an in-house mentor, who will serve as the main point of contact between the company and the program.
Emergence mentors and staff will assist companies address their key strategic, feasibility, regulatory and product development issues. Clients will receive support from the Emergence team to develop a business plan and refine their business model. Clients may be offered access to certain specialist services, co-funded by the Emergence program, and to our market intelligence and professional advisory services. In addition, client companies may take advantage of the Emergence business and funding networks; and can also elect to receive team mentorship services.
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.