– Isabelle Péan and Alexander Munro, Office of Innovation at McGill
Are you an entrepreneur dreaming of developing your idea and bringing it to market? Are you looking to perfect your business plan but need professional advice at low cost? Are you a McGill Dobson’s Cup graduate and you want expert services to quickly grow your start-up?
We have good news for you!
In 2014, McGill University and the CEIM (the Centre d’Entreprises et d’Innovation de Montréal) decided to partner in order to provide McGill students and faculty entrepreneurs access to an array of support, expertise, and resources for incubation and growth of their start-ups: offering a saving potential of a minimum of 40% for admissible start-up costs. CEIM is an ally for all those who dream of testing out a research outcome or new idea in the marketplace – in conjunction with resources available on McGill’s campuses.
Founded in 1996, the CEIM is a world-class start-up incubator facility located in the heart of Montreal’s Quartier de l’innovation. The CEIM supports an average of 50 starts-ups every year, with a dozen of these being housed in the CEIM facility. The CEIM works to identify innovative projects with strong commercial and growth potential, and provides start-up teams with a wide array of supporting services tailored to their specific corporate development needs to ensure their long-term viability.
CEIM has developed key national partnerships for the benefit of its clients, including: the NRC-Industrial Research Assistance Program for their “Interactive Visits”, the Canadian Digital Media Network/Communitech (Waterloo) for their “Softlanding” Program, the Canada Media Fund for their Accelerator Partnership Program, MaRS (Toronto) to access their market intelligence services, Global Affairs Canada for CEIM’s accelerator program for video game developers and Wavefront (Vancouver) in the wireless and IoT sectors.
Who provides these services? A multidisciplinary team of experienced consultants with hands-on business expertise.
How are these services organized? Tailored to the needs of each project, with durations of 6 months to 3 years.
What are the benefits for McGill affiliates?
- Free two-hour preliminary consultation
- 15 hours of free consultation to certain projects qualified by NRC-IRAP
- Net savings of 40% on regular fees for external consulting and professional services by CEIM partners
- Net savings of 50% on regular fees for collaborative office space rental
- Additional possibility of 80% savings on consulting fees for projects qualifying under Québec’s MESI “Bons d’incubation”.
- Free access to Wavefront’s National Device Library to test applications across multiple platforms and networks.
- Access to MaRS Market Intelligence services at deeply discounted cost.
Since the beginning of our partnership, CEIM has supported more than a dozen McGill Start-ups spanning a range of disciplines: Acoustics, Medical diagnostics, Environmental site remediation, Green construction materials, Pharmaceuticals, MRI scanning technology, Climate forecasting, Neurology, and more.
In 2016, Prof. Andrews from the Faculty of Science and his team spun out their company, Anomera, to convert renewable forest resources into game-changing cellulose based ingredients for cosmetics. As Prof. Andrews said: “There are a lot of boutique operations out there offering services to startup entrepreneurs. The CEIM is unique not just in the breadth of its services, but the depth of its team and its consultants, and their understanding of the complexities associated with University spin-outs. The CEIM is responsive – in real-time.”
CEIM also organizes a number of free events related to entrepreneurship and Innovation. In May, CEIM and McGill will jointly present an exciting seminar on Additive Manufacturing, during which four experts from McGill will talk about the trends and opportunity in this hotly expanding area. A host of other inspiring and engaging events have been planned this year at CEIM – see their website for more details: http://www.ceim.org/en/news/events/
If you are interested in learning more, please contact the Office of Innovation at McGill: [email protected].
McGill affiliates who wish to propose a business idea for incubation at CEIM can email directly Michael Davis at [email protected].