The BUILD program helps deep technology companies design, build, and scale innovative products faster.
BUILD includes workshops and one-on-one sessions to advance hardware companies in Atlantic Canada. Sessions are focused on designing/building hardware in addition to business fundamental sessions for running a start up.
In addition to workshops, and one-on-one support, participating start ups will have the opportunity to apply for up to $10 000 in funding to purchase materials and services needed to build their prototype.
Teams that complete BUILD learn to ideate, prototype, test, and validate faster, all with the goal of being prepared to scale a working MVP at the end of the program. Each module is comprised of multiple sessions that incorporate best practices at each stage. Through a series of specially designed workshops, seminars, and one-on-one support, the program is delivered as a combination of online and in-person programming, making full use of maker spaces for group sessions and individual company sprints.
Design: Learn smart and agile design skills so that you don’t waste time and resources.
Build: Develop an MVP to trial with early adopters or use in the field. Get your idea into the hands of customers faster.
Scale: Design for manufacture and prepare for production at scale.
The program addresses the specific hardware-needs of physical product-based companies who have limited access to engineering and prototyping resources.
Business Skillset and Mindset: Throughout your product development path, you will gain practical tools to improve your business skillset and mindset. Participate in sessions that will inform product iterations and help you collaborate better.
This fall, we are going hybrid. We want to get you back into the ideaHUB maker spaces with in-person sessions for key milestones of Design/Build/Scale, and opportunities to plan sprints and testing, while following public health guidelines. At the same time, you can access online (live and on-demand) sessions for business topics that can be taken anywhere, at any time.
The ideal candidate for BUILD is an early-stage product venture company.
Keep checking this space for the latest application details.
Emera ideaHUB and Innovacorp work together to fund and accelerate BUILD client companies. As the funding partner, Innovacorp provides $100,000 to BUILD companies in amounts up to $10,000, allocated to the material expenses you need to build your prototype.
Applicants to BUILD provide a clear and detailed use of funds, as part of their proposed roadmap while part of the BUILD cohort.
As an early-stage venture capital firm, Innovacorp is a unique partner for the ideaHUB, providing client companies with opportunities for strategic insights, examples of prior funded companies (the good, the bad and the ugly!), and can be involved in various stages of the product development process as advisors, accountability partners and experience testing, depending on the nature of the offering.