Lab2Market
Discover and Validate the Potential of Your Research with Lab2Market
We’re the Pacific Hub for Lab2Market, offering two transformative programs designed to help you bridge the gap between academia and industry. Whether you're looking to explore entrepreneurship or ready to validate your research, we have the programs to provide the guidance you need.
Our programs are offered in partnership with entrepreneurship@UBC and SFU VentureLabs.
Explore our program offerings below to see which one is right for you.
🔎 Lab2Market Discover
Are you interested in exploring the market viability of your research? As a researcher in emerging technologies, you may be considering an alternative career path beyond academia. With Lab2Market Discover, you’ll learn a new way of thinking and determine if you have a passion for business.
Lab2Market Discover’s online exploratory program helps you explore entrepreneurship and the potential of transforming your academic research into a world-changing tech-focused business.
Think that entrepreneurship might be for you? Dive in and discover your potential with the Lab2Market Discover program here.
💡Lab2Market Validate
Think your idea has potential? As a researcher, you may be curious if your idea has potential in the entrepreneurial landscape, but don’t know how to go about it. With Lab2Market Validate, you’ll be given the opportunity and space to explore the possibilities of your work.
Lab2Market Validate is your opportunity to test and evaluate your idea in an entrepreneurial landscape.
Ready to take the next step into validating your idea? Check out the Lab2Market Validate program here.
For more information please contact Lynn Kulli at entrepreneurship@UBC.
What’s the difference between Lab2Market Discover and Lab2Market Validate?
Lab2Market Discover is about exploring the potential of an idea and gaining entrepreneurial skills, while Lab2Market Validate is focused on testing and validating a business model to prepare for market entry.
| Program | 🔎Lab2Market Discover | 💡Lab2Market Validate |
|---|---|---|
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Who it’s for: |
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| Focus: | Focuses on the initial exploration of market potential and entrepreneurial mindset. | Focuses on testing and validating the commercial viability of the innovation. |
| Program components: |
Exploration: Helps participants understand the commercial potential of their research. Training: Provides foundational knowledge in entrepreneurship, market research, and customer discovery. Networking: Offers opportunities to connect with facilitators, industry experts, and potential collaborators. |
Validation: Helps participants test their business model, value proposition, and market assumptions. Customer Discovery: Intensive customer discovery process to gather feedback and validate the product-market fit. Mentorship: Access to experienced mentors who provide guidance and support throughout the validation process. |
| Outcomes: |
Participants gain insights into whether their idea has commercial potential. Development of an initial business hypothesis and understanding of the market landscape. Foundation for deciding whether to pursue further commercialization efforts. |
A validated business model with a clear value proposition. Detailed understanding of the target market and customer needs. Preparation for further development, investment, or entering a more advanced commercialization program. $15,000 stipend available per accepted applicant team. |
| Cost: | Free | Free |