Incubation

Surround yourself with experienced mentors to meet your business challenges.

 

The incubation program is based on the Venture Mentoring Services methodology developed by MIT, which establishes a rigorous framework for group mentoring that is conflict-free, impartial and confidential.

Incubation, which lasts a minimum of one year, is aimed at companies that have developed a minimum viable product, with demonstrated traction, and wish to develop their commercialization and growth.

Over the course of 12 months, you’ll be accompanied by a group of high-caliber mentors with complementary expertise, with whom you’ll meet monthly to help you make strategic decisions and grow your business, as well as having access to a range of personalized services designed to propel your commercial success.

Program objectives

  • Accelerate your company’s growth by strengthening your sales, financing and operational management strategies, etc.
  • Consolidate your market traction and business development strategy

Program details

  • 12-month program – renewable
  • Quarterly definition of coaching objectives and follow-up with Zú’s team of advisors
  • Networking with a team of high-caliber mentors based on MIT-VMS principles, with whom you will have monthly 90-minute meetings.
  • Access to a network of experts for individual consultations (technical, legal, financial, tax, etc.)
  • Collaborative workshops and presentations by Zú’s business partners
  • Access to financing sources exclusive to Zú-supported companies* (Momentum PI, PSO V2E, BDC Lab Excelles and others) *subject to qualification and eligibility criteria
  • Networking with a National Bank advisor from the Creative Industries Group
  • Access to business development opportunities through Zú’s open innovation initiatives to introduce technologies developed by incubated startups to large corporations.
  • International support and invitations to participate in trade missions
  • Pitch clinics
  • Access to work and meeting spaces in downtown Montreal
  • Privileged access to Zú events and exclusive offers to the community.
  • Co-coaching with incubator partners if required

The annual administration fee for this program is $3,750. Additional fees may apply for companies outside Quebec.

These services represent an annual value of over $55,000 per startup.


About Venture Mentoring Service (VMS MIT)

The incubation program is based on the Venture Mentoring Services methodology developed by MIT, which establishes a rigorous framework for group mentoring that is conflict-free, impartial and confidential.

  • A proven methodology at MIT, one of the world’s most prestigious institutions for entrepreneurship and technological innovation.
  • Group mentoring to receive several perspectives simultaneously, enabling you to quickly make a strategic decision or implement an action plan on a business challenge.
  • A network of mentors selected on the basis of their track record and reference by their peers, with solid entrepreneurial, business or senior executive experience.

Visit the Programs page to find out how to apply.