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Published: 31 Oct 2024 315 views
Applications are open for YEDI Incubator Grant Program, Start on March 2025. We envision a world transformed by generations of innovative leaders set on creating a sustainable and thriving economy that improves the lives of all people.
At YEDI, we believe in removing barriers to create a diverse and vibrant culture that enables our participants to realize their full potential regardless of economic or social background
Selected entrepreneurs participate in sessions facilitated by YEDI professors and instructors, providing a solid foundation in business theory and economics. Theory examined includes: entrepreneurship, marketing and sales strategy, business development and growth, finance, and communication skills. Successful entrepreneurs quickly need to learn where they lack expertise and require a network of support. Entrepreneurs participate in sessions that will prepare them for real-life application of theory to achieve inspiration, ideation, and implementation.
Topics include: visioning, environmental scanning, finance and fundraising.
All sessions take place once per week.
FRAMEWORK OF THE INCUBATOR PROGRAM
Entrepreneurs need as many opportunities as possible to showcase their companies. Upon successful completion of the accelerator program, YEDI participants will present their ventures to the Institute’s funder audience.
The Venture Fair provides a concrete opportunity for participants to showcase their business plan, models, and milestones to an investor audience, as well as create industry partnerships that will take their venture to the next step in development and success.
Entrepreneurs often benefit by sharing best practices, challenges, and accomplishments with one another. The YEDI Director coordinates regular entrepreneur cluster meetings to facilitate constructive feedback, group exercises, and peer-support. Participants are also expected to complete bi-weekly milestone deliverables that are assigned to guide the business development process. Each milestone and achieved goal will form a component of the final proof-of-concept, with which the entrepreneur will graduate the program.
Entrepreneurs will be matched with subject matter experts across diverse industries. The YEDI Program Coordinator will ensure that volunteer mentors from pertinent sectors are available for valuable insight, problem-solving, and networking opportunities.
We Are YEDI We envision a world transformed by generations of innovative leaders set on creating a sustainable and thriving economy that improves the lives of all people. At YEDI, we believe in removing barriers to create a diverse and vibrant culture that enables our participants to realize their full potential regardless of economic or social background. We provide Canadians with tuition-free tools, training, education, resources and mentorship that nurtures the seeds of transformation, and we make our programs available around the world. York Entrepreneurship Development Institute is ... continue reading
| Application Deadline | Not Specified |
| Country to study | Canada |
| School to study | York Entrepreneurship Development Institute (YEDI) |
| Type | Entrepreneurs |
| Course to study | View courses |
| Sponsor | York Entrepreneurship Development Institute (YEDI) |
| Gender | Men and Women |
Accepted students undergo a free, intensive 16-week program, including formal academic lectures by YEDI instructors, workshop-based training in entrepreneurship, and mentorship by key industry leaders. At the end of the incubator, entrepreneurs will have a professionally developed business plan, an executive summary, and a proper business model that is ready to pitch and potentially bring to the market. Upon successful program completion, participants receive a formal certification from YEDI.
Upon program completion, graduates are eligible to apply for seed funding and/or VC funding through YEDI’s Venture Capital fund.
Funding is intended for early-stage opportunities in the start-up validation stage, when the scientific, technical and commercial merit, as well as the feasibility of the applicant’s product or service has been determined.
Applicant is the founder; co-founder(s) will be considered
Any adult age or background
A unique and innovative idea that is in raw, seed, early, or growth stage
Applicant(s) is a Canadian citizen or permanent resident
.
Applications are first pre-screened by experts. Secondly, they are reviewed by the Selection Committee, which is composed of a special panel of judges from varied backgrounds and sets of expertise, based on a set rubric that aligns with YEDI values. Selected candidates are then shortlisted and interviewed by the program advisors. Those who succeed this phase then proceed to be inducted to the program.
YEDI accepts 15 entrepreneurs per cohort. An Expert Committee comprised of industry experts and partners will be responsible for evaluating applications based on set criteria.
Program Start Date: March 2025
Frequency: Weekly Sessions
Industries: YEDI is sector agnostic and will consider start-ups from any industry.
Location: All sessions are conducted at the YEDI campus and/or online
If the portal is not accepting your application after two attempts, send an alert to [email protected].
For more details visit: YEDI website.
