The SVP was created in 2021 by two members of Concordia’s startup community: District 3 Innovation Hub and non-profit venture builder V1 Studio.
Open to Quebec-based PhD candidates, the SVP offers participants:
- An annual stipend of $45,000
- Access to research facilities
- Access to incubator programs and mentors
- A unique customized journey to help researchers during every stage of building their scientific startup.
The total value of the two-year program is estimated at $142,000 per participant. Startup founders in the SVP retain ownership and all intellectual-property rights connected to their business developed during the duration of the program.
Says V1 Studio’s executive director, Diana Horqque Ratto, BFA 14, MBA 21: “We believe that there is huge untapped potential within our research community, whose members have a strong desire to apply years of work to benefit society at large, and that a cultural shift is taking place to produce the next generation of scientific entrepreneurs.”