IGNITE Overview

IGNITE is UTI's company creation and development capability. The IGNITE team works with researchers to envision what a technology may become. The IGNITE model enables the creation of “investor ready” enterprises through ensuring that significant pieces are put into place. These include: targeted technology and intellectual property development, early-stage business leadership provided by an experienced Executive-in-Residence, business planning and company development led by a professional IGNITE team.

IGNITE's mandate is to identify and commercialize platform technologies by creating viable, sustainable early-stage technology-based ventures to maximize economic opportunities for shareholders.

IGNITE capabilities provide the direction and strategy for success.

• Download Ignite Process flow chart

Resources

IGNITE has considerable resources at its disposal to minimize start-up company expenses and maximize the potential for success.

• Virtual company capabilities (e.g. accounting and other back-office support)
• Access to office space and infrastructure
• Product development funds
• Intellectual Property development and management expertise

People

IGNITE has dedicated professionals, industry partners and experts who play an integral role in developing new ventures.

• Early-stage management led by an experienced Executive-in-Residence
• Dedicated business development team with business education and experience
• Access to legal, communications, tax planning & recruiting experts
• Recruitment of corporate directors, scientific advisory boards

Access to Capital

IGNITE maintains relationships and works closely with organizations that provide early stage capital.

• Government funding agencies: AHFMR, AVAC, NSERC, AET, WED, IRAP, Alberta Ingenuity, CIHR, etc.
• Institutional Investors
• Seed-stage funds such as BDC, iNovia Capital,
• Angel Networks such as: Alberta Deal Generator & Venture Alberta

Corporate Structuring

IGNITE provides the expertise and guidance to ensure companies are built on a strong corporate foundation that meets all regulatory and investor requirements.

• Corporate structure planning
• Governance structure
• Virtual company capabilities

Technology Development

IGNITE provides the intellectual property expertise and funding needed to develop and build products that will provide new companies with a sustainable, differentiated competitive advantage.

• Intellectual property portfolio development and management
• Product planning
• Path to market development

Business Development

IGNITE provides the expertise required to plan, fund and grow your technology-based companies.

• Executive-in-Residence program - provides industry and management expertise
• Dedicated professional team with marketing, finance and strategic planning expertise
• Access to market research and specialized information databases