The finalists for Innovator Idol were announced today by the Research Innovation Commercialization Centre (RIC Centre). The start-up companies will pitch their new business ideas to an expert business panel on Wednesday, June 5, 2013, at the annual Innovator Idol competition. At stake is a prize package worth over $30,000 to help propel business forward for the lucky winner. This year’s title sponsor of “Innovator Idol” is intellectual property law firm Bereskin & Parr LLP.
There are four finalist companies that are competing in 2013 Innovator Idol:
- SenoSENSE Medical Systems – breast cancer pre-screening test
- Veterinarium Corporation – tablet application for the veterinary industry
- Xromb Inc – mobile commerce platform
- Richpoint Pharma – drug delivery technology to treat fungal infections
“The RIC Centre has been helping tech entrepreneurs fast track their business to market in Mississauga, Brampton, and Caledon since 2009,” adds Banks.
RIC Centre provides services to emerging entrepreneurs including: business mentoring, market intelligence, financing, and networking through three “Entrepreneurs in Residence”. For established companies, RIC Centre provides: a roundtable innovation exchange; industry-academic collaboration;
The “Innovator Idol” competition is the finale event for the RIC Centre’s monthly networking and entrepreneurial training breakfasts for 2013, called “Growing Your Business.” The competition is a hybrid modeled on American Idol and Dragon’s Den where four companies are invited to present their company pitch to an investor panel for prize package as well as feedback.
The 2013 Innovator Idol competition will be held 7:30am to 11:00am, at the Noel Ryan Auditorium, Mississauga Central Library at 301 Burnhamthorpe Road West, Mississauga. Past “Innovator Idol” winners not only benefited from exposure to funders and valuable prizes, but they have gone on to become significant players in Canadian and international markets.