Business Acceleration Program at MaRS Opens Another Round of Embedded Executive Funding

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The Business Acceleration Program at MaRS has opened another round of Embedded Executive Funding.

The program matches senior executives with Ontario-based technology ventures to help them achieve their next growth milestones, granting up to $50,000 toward the executive’s salary over the Embedded Executive program’s six-month period.

Since 2012, MaRS says it has helped over 70 ventures, using the funding to increase sales, build marketing channels, and raise additional outside funding

Quoth MaRS:

Embedded Executive Funding is best for startups that are at a later discovery stage of development or that are approaching the validation or efficiency stages. This year, we’ll fund 20 high-growth ventures from across Ontario working in the information and communications technology, digital media, health, cleantech and advanced manufacturing sectors.

Applications require a referral from a Regional Innovation Centre or from a MaRS Venture Services advisor.

Applications are now open until June 29.

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