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• Must have a business idea
• Must be able to attend all in-person sessions
• Team must have at least one founder that is a current student, faculty member or researcher at the University of Ottawa
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• Be able to articulate and prove there is a gap / problem through customer and partner conversations and market research.
• Be able to build a Minimum Viable Product of the offering
• Have message market fit for the solution (customer conversations, stakeholder conversations, industry conversations, etc).
• Team must have at least one founder that is a current student, faculty member, researcher or alumni (within 5 years) of the University of Ottawa
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• Be able to articulate and prove there is a compelling gap / problem
• Demonstrate the ability to deliver on their product / service
• Having a working Minimum Viable Product / prototype
• Have early product market fit (first sale, pre-order, etc).
• Has considered their go-to-market strategy and able to provide a high-level overview
• Driven, coachable leadership team
• Have dedicated and committed team members who can move the business forward. Ready to participate in a milestone-based program
• Startup is incorporated
• It is expected that founders in this circuit can commit their full attention to their startup. Therefore, at least one founder cannot hold a full-time job outside of running their company.
• Team must have at least one founder that is a current student, faculty member, researcher or alumni (within 5 years) of the University of Ottawa
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Founder Qualities:
• Has an Idea
• Passionate
• Availability
• Commitment
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Founder Qualities:
• Professionalism
• Open-mindedness
• Self-Discipline
• Persistence
• Defined Problem to Solve
Startup Qualities:
• Defining their Customer Segments
• Validation
• Early Product Market Fit
• Able to articulate the initial business model and assumptions made, with clear plan to test those assumptions.
• Ability to take action
Indicators for Success:
• Have a Minimum Viable Product
• Pilot with Minimum Viable Product
• Conducted Market Research
• Have feedback from customers / partners / stakeholders
• Have a tech lead or path to find a tech lead.
• Understanding of competition in the market.
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Founder Qualities:
• Ambition to Succeed
• Dedication
• Passion
• Coachable
Startup Qualities:
• Sound Business Model
• Knowledge of Competitors
• Proof of Customer Discovery and Validation
• Working Prototype
Indicators for Success:
• Proof of Concept in Simulated Environment
• Team Roles & Responsibilities Established
• Pilot with Prototype
• If a patentable invention, clarity on Freedom to Operate or path to protection established.
• Problem definition validated.
• Customer segments identified.
• Demonstrate customer or investor traction.
• Have a tech lead (when applicable)