FACIT Falcons' Fortunes 2017 - Pitch Competition
Event Date: Wed, 2017-03-22 15:00 to 19:30
Concept: Falcons’ Fortunes (based on the popular TV series Dragons’ Den) invites Ontario-based entrepreneurs working in the oncology space to pitch innovative research ideas to a panel of friendly investors. Hosted by the FACIT Falcons (i.e. the FACIT team), this annual event will see entrepreneurial researchers vie for the $50,000 Ernsting Entrepreneurship Award to invest in the most promising oncology research idea1.
While the research idea should be novel and sound, the competition is for the best pitch – i.e. the presentation that best convinces the investor panel on the value of the idea and how $50,000 would improve and/or better illustrate the potential (and if possible commercial2) value of the innovative idea itself.
Building a culture supportive of entrepreneurship and commercialization in Ontario is critical to drive innovation. The Falcons’ Fortunes event, a FACIT initiative, endeavors to enhance, support and celebrate a culture of commercialization in Ontario, such as the cultivation of skill sets that enable ideas to be successfully pitched to investors and promotion of entrepreneurial spirit.
The Falcons’ Fortunes pitch competition is open to any Ontario-based entrepreneurial researcher (e.g. academia, research institutions, research hospitals, startups, etc.) working in the oncology space. Joint pitches from up to two researchers are also eligible. Basically, anyone with the entrepreneurial itch should participate!
What oncology research ideas are in scope: Pitch ideas can be related to any cancer-related research in Ontario.
FACIT is a business accelerator and investor established by the Ontario Institute for Cancer Research (OICR) to support the commercialization of Ontario breakthrough cancer innovations that benefit patients, researchers, investors and the province’s economy. For more information, please visit the website at facit.ca.
Where & When
- Westin Harbour Castle Hotel, Toronto
1 Harbour Square, Toronto
1 Subject to further due diligence following the event and final approval by the FACIT Board of Trustees
2 “Commercial value” includes patient benefits that reach the market as well as economic impacts such as job creation or capital generation