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ARTICLE · 26 APRIL 2016

UTEST & MLA Partner To Assist Startups – Applications Open

This will be UTEST's fifth call for companies and is the first time UTEST will be partnering with MLA through the MLA48 program, which assists local startups gain access to investment opportunities on accelerated timelines.

CanadaCorporate/Commercial Law

From April 15 to May 27, 2016, the University of Toronto Early-Stage Technology ("UTEST") Program, in partnership with angel investor group Maple Leaf Angels ("MLA"), is accepting applications from companies seeking startup funding, strategic mentoring and office space. The UTEST Program assists emerging startups with seed funding, 12 months of incubation space at the Banting Institute in downtown Toronto, exposure to entrepreneurial education provided at MaRS and business strategy support from experienced mentors.

This will be UTEST's fifth call for companies and is the first time UTEST will be partnering with MLA through the MLA48 program, which assists local startups gain access to investment opportunities on accelerated timelines. MLA48 is a limited partnership comprised of accredited investors that are also MLA members. The organization considers investing up to $60,000 per company into early-stage startups that have yet to receive seed funding. Through this new

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