U of T, MaRS Innovation Collaborate to Launch Incubator for Student Software Companies
![UTEST-CoursePeer Hadi Aladdin (left) and Marwan Aladdin, U of T graduates and the founders of CoursePeer.](https://tiap.ca/wp-content/uploads/2012/10/UTEST-CoursePeer1-300x200.jpeg)
TORONTO, ON – A new program that provides nascent software companies with start-up funds, work space, mentoring and business strategy support, was launched today by the University of Toronto and commercialization partner MaRS Innovation, with support from the MaRS Discovery District.
TechVibes has a profile page for UTEST and covered CoursePeer as part of their students start-ups series.
The new program, called University of Toronto Early Stage Technology (UTEST), is part of a growing ecosystem of incubators and commercialization support services at U of T, including the newly-launched Banting and Best Institute. UTEST is unique among campus incubators in that its companies receive start-up funds—$30,000 each in this inaugural year—and because it accepts companies in the very earliest stages of idea generation, before they’re ready for traditional incubators.