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University-Industry Engagement Advisor

DMZ Incubator at Ryerson U is providing start-ups with more customized support


By Jesse Schwartz
Published: June 9th, 2021

The DMZ Incubator at Ryerson University is revamping its program in an effort to serve the unique needs of each participating start-up, rather than taking a “one-size-fits-all” approach.

The DMZ’s new 18-month program provides start-ups with specialized support to address the specific challenges they face. The program features smaller, more intimate cohorts of no more than 15 start-ups; 60+ hours of one-on-one time with mentors; more curated workshops and peer-to-peer learning sessions; support with fundraising strategies and investor introductions, and more.

“When COVID-19 hit, demand for early-stage founder support became more evident than ever before,” says Shane Flynn, incubator director at the DMZ. “In 2020, we saw a 35 percent increase in applications for our incubator program. Recognizing the lack of customized support and resources available to early-stage founders, we knew it was imperative to refocus our efforts.”

Abdullah Snobar, executive director of the DMZ, comments, “All successful start-ups start out with nothing but an idea and the ambition of a handful of individuals. To foster a competitive and thriving market, the ecosystem needs to encourage start-up development by investing in more tailored support. Otherwise, we risk stunting the ecosystem’s potential.”

The next DMZ incubator cohort begins in September. Eligible start-up founders can submit applications up until July 31.

Source: Intrado

Posted under: Tech Transfer e-News

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