Raise
Applications are now closed.
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At IBZ, we see startups develop game-changing ideas, but at some point they ask “How do I take my startup to the next growth phase?”
Well, the simple answer is you need to raise money. Although money can’t guarantee success, it will help your startup take off and build credibility with stakeholders.
But fundraising preparation is no easy feat for startup founders.
That’s why we created Raise - a 9-week hybrid program designed to help startups become investor-ready. From determining your company’s best financing option to nailing your pitch, you’ll have everything you need to approach investors with confidence.
Why Raise?
- A network of VCs and Angels:
You'll have the opportunity to network with investors and angels through events, workshops, and simulated investor meetings.
- 1:1 Mentorship:
You will be matched with a dedicated Entrepreneur-in-Resident (EiR) who has raised capital.
- Talks and workshops:
During the first 2 weeks, you will learn about fundraising fundamentals from experienced investors and entrepreneurs.
- Personalized Startup Support:
Through office hours, you will have the chance to receive personalized advice from lawyers and accountants.
- Grant:
Pitch to win $5K during our Raise Expo.
- Software credits:
Your team will receive up to $150 in credits towards software licenses.
- Community:
You’ll learn and grow alongside a network of like-minded people.
Raise in a Nutshell
1. You plan to fundraise in the next 6 months.
2. Able to attend in-person events in Toronto, ON.
All program applicants will go through a 2-step application process which consists of a written application and an interview.
Don't let the eligibility criteria deter you from applying! Feel free to reach out to us to chat about it.
| Applications Open | July 15, 2022 |
| Ask-Me-Anything Session | July 26, 2022 at 3PM (external link) |
| Applications Close | August 19, 2022 at 11:59PM |
| Program Start Date | September 26, 2022 |
| Raise Expo | November 25, 2022 |
This program will be delivered in a hybrid format. However, you will be required to come to Toronto for the Launch Party (September 26, 2022) and Raise Expo (November 26, 2022).
Yes, the deadline to apply for the Fall '22 cohort is August 26. If you’ve missed out on the application deadline, contact us at ibz@torontomu.ca.
No, this program is completely free of charge.
At IBZ, we select entrepreneurs rather than ideas. We are looking for individuals who have long-term growth potential. To be considered for the program, applicants will have to submit a written application followed by an interview with the IBZ advisors.
You can apply before you register with IBZ. When you apply to Raise, you will be registered as an IBZ member automatically. Learn more about IBZ membership HERE.
Yes, you are still eligible to apply if you have taken a small amount of investment/loans or been awarded scholarships/grants.
No - IBZ is technology-agnostic and founder-first.
Yes. We evaluate on a case-by-case basis, so don’t let the criteria deter you from applying.
The short answer is yes. While having revenue is not a requirement, be prepared to answer some of the following questions during the application process: Have you identified who your paying customers are? Do you have a sustainable business model and revenue source(s)? Have you developed scalable customer acquisition channel(s)?
No, only the CEO of your startup needs to complete the application.
We select participants in teams, so everyone in your team is welcome to participate.
Yes, absolutely! Throughout the program, you will have the opportunity to meet and mingle with VCs and angels. We encourage you to build relationships with investors from early on, and we will help build your confidence when approaching investors.
No. The Raise program is designed to help you check all the boxes on your personalized fundraising to-do list. Your primary objective is very simple - become investor ready, whether that’s identifying your funding needs, filing for patents, or perfecting your pitch. Although there are no required deliverables, we strongly encourage you to work with your dedicated advisor to set weekly goals and milestones.
Attendance at our workshops, clinics, and other events is not required, but we highly recommend it so you can get the most out of this program. Attendance at your one-on-one meetings with your mentors and advisors is required.
Our Downtown, Toronto location offers free co-working space with wi-fi, coffee & tea, office supplies, and event spaces.
No, you can apply without having any affiliation with TMU.
Questions? Email ibz@torontomu.ca