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SpinUp

Mississauga, OntarioFoundations & Ecosystem-BuildingMember

University of Toronto's first wet lab incubator

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Scientific research at Canadian universities—especially at U of T—inspires big innovation ideas. Early-stage entrepreneurs need dedicated, high-quality wet lab space and equipment to mature their intellectual property (IP) and attract external investment. But this space is scare and often too expensive. And that’s where we come in. SpinUp bridges the translation gap, providing early-stage life science founders access to highly subsidized wet lab co-working space, equipment, and infrastructure in University of Toronto Mississauga’s (UTM) new science building. Here, startups can focus their funds on developing their IP and strengthening their business case. Founders can tap the research strengths of a world top-twenty university and the commercial savvy of a world top-five university entrepreneurship network.

Type

University-backed (ie. the University is the formal entity)

Affiliation

University of Toronto Mississauga

Regions

Ontario (ON), National (all of Canada)

Located at University of Toronto Mississauga (UTM) New Science Building. Offers shared life science equipment including cell and tissue culture capabilities and chemical storage. Provides office space with dedicated desk and bookable meeting room. Weekly office hours held Fridays 2-3:30 pm EST. Part of U of T's entrepreneurship network, ranked top-five globally. Membership terms available up to two years.

Industries

AgricultureClean technologiesFood & beverageLife sciences & advanced health

Focus Areas

life science startupswet lab commercializationuniversity technology transferearly-stage life science founders

Sourced from website

Services offered

  • Access to free or discounted licenses for products or devkits
  • Access to specialized equipment, lab facilities, and/or services
  • Discounted and/or free professional services (legal, accounting, bookkeeping, etc.)
  • Equipment (ie. devices to test on, specialized materials)
  • Free educational events or programming (ie. lunch and learns)
  • Intellectual property education and assistance (Includes: patent, trademark and copyright evaluation, intellectual property strategy, protection and licensing)
  • Mentorship and access to advisors
  • Networking opportunities and community events
  • Office space, co-working environment
  • Regulatory assistance
Foundations & Ecosystem-Buildinghigh confidence

Build the entrepreneurial foundations and an innovation platform for ventures and founders to build from

Sector-agnostic (broad industry focus). Flexible accountability (community-oriented, earlier-stage).

Learn more about the four BAI types →

Wet Lab Co-working Space

incubator

Biosafety level 2 wet lab space with dedicated 6x5ft lab bench unit and fume hood, subsidized at more than 50% below market standards for terms up to two years

Mentorship Programs

other

Mentorship programs run by one of the world's top five university-managed business incubators

Programming and Workshops

event

Networking events, practical workshops, entrepreneurship workshops, seminars, pitch competitions, and venture showcases

EDI Support

other

Workshops in equity and anti-racism to support healthy lab culture and promote ventures owned by scientists from equity-deserving groups

Transition Planning

other

Tailored transition planning to help companies scale up

Sourced from website

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