This program is currently between intakes. Annual. Applications open in April and close in early June. Confirm on the official site ↗
Updated August 2026 · Verified against University of Toronto (with Toronto Innovation Acceleration Partners and the Connaught Fund) guidelines
Equity
Program Private Between Intakes

University of Toronto Early-Stage Technology (UTEST)

University of Toronto (with Toronto Innovation Acceleration Partners and the Connaught Fund)
Maximum Funding
Up to $150,000
Annual cycle: applications open in April and close in early June; 2026 applic...
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Difficulty
Hard
Payment
Equity
Trend
Stable
First-Timers
Co-Funding
Varies
University of Toronto Early-Stage Technology (UTEST) provides Up to $150,000 per selected company via SAFE; potential follow-on investment up to $500,000 through TIAP; for the 2026/27 cohort up to $10,000 per team in milestone-based funding (up to 30 companies). UTEST is an accelerator for startups with University of Toronto-affiliated founders, offering up to $150,000 through a SAFE, potential follow-on investment up to $500,000 through TIAP, and up to $10,000 per team in milestone-based funding for the 2026/27 cohort. Annual cycle: applications open in April and close in early June; 2026 applications are closed until 2027.
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Program Description

UTEST is an accelerator for startups with University of Toronto-affiliated founders, offering up to $150,000 through a SAFE, potential follow-on investment up to $500,000 through TIAP, and up to $10,000 per team in milestone-based funding for the 2026/27 cohort.

Eligibility Requirements

  • Company has one or more founders affiliated with the University of Toronto as current students, current faculty members, or graduates within the past two years
  • Company must be research-based, created around University of Toronto research or technology
  • Research must be disclosed to the University of Toronto Innovations and Partnerships Office
  • UofT-affiliated hospital applicants must have submitted an invention disclosure form to their host institution's technology transfer office and made them aware of the UTEST application
  • Company must be willing to take investment in the form of a SAFE and to participate in the UTEST accelerator at the St. George campus
Provinces
Industries
Business Stage
Startup

Quick Assessment

Difficulty
Hard
Competition
High
First-Timer
Not rated

Funding Details

Amount
Up to $150,000 per selected company via SAFE; potential follow-on investment up to $500,000 through TIAP; for the 2026/27 cohort up to $10,000 per team in milestone-based funding (up to 30 companies)
Type
Program
Level
Private
Deadline
Annual cycle: applications open in April and close in early June; 2026 applications are closed until 2027

Program Scorecard

Competition, effort, and approval at a glance

Competition
High
Deadline
Between Intakes
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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Insider Tip

Hospital-affiliated founders must complete an invention disclosure before applying; recent graduates remain eligible for up to two years after graduation.

Rejection Pitfalls 5

  • No founder holds a qualifying University of Toronto affiliation, or the graduate is more than two years out
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Application Playbook

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Application Steps

1 Confirm the founder affiliation At least one founder must be a current U of T student, a current faculty member, or a graduate within the past two years. UofT-affiliated hospital teams are also accepted.

Required Documents 3

Online UTEST application submitted during the annual window
Disclosure of the underlying research to the University of Toronto Innovations and Partnerships Office

Eligible Expenses 1

Intake Periods

Deadline Notes

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Clawback Risk

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How UTEST Compares

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