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Lab2Market Validate Program

Lab2Market Validate Program

Validate your idea as a business

The Lab2Market Validate program is a four-month program that provides research teams, consisting of a graduate student and their faculty supervisor, with the opportunity to evaluate the commercial potential of their technology through a structured, data-driven market research process with $10,000 in funding to support the journey.

As an academic partner, YSpace will deliver the Ontario cohort of the Lab2Market Validate program in partnership with Lab2Market, a national initiative that helps brilliant minds in graduate programs and postdoctoral programs reimagine their futures.

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Students in Lab

What to expect

With Lab2Market Validate, participants will be given the opportunity and space to explore the possibilities of their work. Throughout the program, participants will discover their passion for entrepreneurship, build an entrepreneurial skillset, and connect with the network they need to turn their ideas into successful businesses.

Grant Opportunity

Receive $10,000 in funding. This financial support will support participants to work full-time and complete all program-related activities and deliverables.  

Product-Market Validation

Find out if your business idea has commercial value by assessing product-market fit in a supportive, community-oriented entrepreneurial environment.

Learning Resources

Grow your skills with a world-class curriculum delivered by innovation leaders, experienced researchers, and entrepreneurs who provide valuable insights and mentorship.

Networking

Joining the program provides access to a vast entrepreneurial network and community including best-in-class advisors, industry experts, and funders.

Information Sessions

We host information sessions to help you better understand the program and the application process. Bring your questions and join us for one of the sessions below.

Virtual Info Sessions

Info Session 1

Date: July 28th, 2026

Time: 2PM - 3PM

Info Session 2

Date: August 19th, 2026

Time: 1PM - 2PM

Info Session 3

Date: September 8th, 2026

Time: 12PM - 1PM

In-person Drop-in Info Sessions

Info Session 1

Date: August 5th, 2026

Time: 2PM - 4PM (Drop-in)

Location: YSpace Lassonde - Bergeron Centre of Excellence 2nd floor

Info Session 2

Date: August 19th, 2026

Time: 2PM - 4PM (Drop-in)

Location: YSpace Lassonde - Bergeron Centre of Excellence 2nd floor

Timeline

Applications Open

July 14, 2026

Applications Close

September 11, 2026

Team Interviews

October 2026

Mitacs BSI Grant Application Guide

November 2026

Applicants will be notified of their approval for Mitacs funding and full acceptance into the program by November 2026.

Program Start

March 2027

Application process

Step 1:

Applications for the 2027 Spring cohort are now open. Apply Now!

Step 2:

Team Interviews

Selected applicants will participate in team interviews. It is mandatory that both the Entrepreneurial Lead (the student) & Technical Lead (the faculty researcher/PI) attend. The interview will assess the team’s dynamic and overall program fit.

Step 3:

Mitacs BSI Grant Application Guide

Applicants selected from team interviews will work with their respective Mitacs Business Development representatives to complete a Mitacs BSI Grant Application.

Step 4:

Selection

Applicants selected for the final cohort will be contacted in February 2027.

Program eligibility

  • Applicants must apply in teams consisting of a(n)
    • Entrepreneurial Lead (EL): A full-time graduate (Masters or Ph.D.) student or postdoctoral fellow (service is under 5 years). Recent graduates must be within two years of graduation at the start of their project. The EL is expected to work on the project full-time (a minimum of 25 hours/week) over the duration of the program and must represent the team in all training sessions. College students are also eligible
    • Technical Lead (TL): The principal investigator of the research project. The TL is expected to participate in select training sessions and assist the EL throughout the program. The TL must be tri-council funding eligible.
  • The project, which the team applies with, must be based on research conducted by the entrepreneurial lead and funded through the technical lead’s lab.
  • Please note, that the academic supervisor from a college can be eligible research staff, which would be someone with the background/expertise that would be reasonable to support the student in the supervisory role.

Frequently asked

The Entrepreneurial Lead (EL) is expected to work full-time (minimum of 25 hours/week) on the project over the program duration and must attend all training sessions.
The Technical Lead will participate in select sessions and support the EL.

Each team receives $10,000, paid as a stipend to the Entrepreneurial Lead through a Mitacs Business Strategy Internship (BSI). Lab2Market funds 50%, and Mitacs matches the other half.

The program runs for four months and includes three phases:

  • Pre-Program: Orientation and foundational training
  • Core Program: Market validation and stakeholder interviews
  • Post-Program: Final analysis and path-forward planning

See the Applicant Information Package for detailed information.

  • 100+ stakeholder interviews (customers, users, experts, etc.)
  • A market assessment report
  • A determination of the path forward: launch a company, license the technology, continue research, or pursue other opportunities based on market data

That’s considered a valid and successful outcome. Teams may pivot, identify new applications, pursue licensing, or continue research. The goal is to make informed, data-driven decisions about commercialization.
For any questions related to programming
elements, resources, or technical
components of the program, please email
yspace@yorku.ca

No. The EL must be a graduate student, postdoctoral fellow (within 5 years), or recent graduate (within 2 years). However, college students at the graduate level are eligible.

Apply now!

Applications are now open!

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For more information, please contact us at
yspace@yorku.ca
416-736-2100 ext. 44940