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Ontario Brain Institute (OBI) NERVE Program Applications are open until April 21!

  • The program awards up to 5 Canada-based early-stage entrepreneurs.
  • Preference is given to applicants who have completed a post-graduate fellowship within the past 5 years.
  • The program awards $100,000 in non-dilutive funding, access to training opportunities and workshops, and mentorship to support entrepreneurs in building and growing their neurotech company.
  • The $100,000 cash award should be used for project-related costs and may be partially used as a stipend. The allocation of funds is subject to approval by OBI and should align with the project plan.
  • Successful applicants will develop milestones for the commercialization of the neurotechnology and will sign a milestone-based agreement with OBI.
  • The funding to the entrepreneur during the one-year program will be released in 3 tranches and the release of funds is contingent on achieving milestones outlined in the milestone-based agreement between the entrepreneur and OBI.
  • Each awardee will be assigned an industry-based mentor(s) and liaise with OBI through a dedicated point of contact.
  • It is mandatory for all awardees to attend training and support programs hosted by OBI while enrolled in the program.
  • Awardees will also be invited to selective programs and events run by OBI’s partners.
All Welcome
✓ Life Sciences
Area of Business Supported
✓ Research & Development
✓ Product Development

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