Program Overview
HATCH Venture Builder Program
The HATCH Venture Builder program provides established, UBC research-based venture teams with the space, resources, and expertise to scale their business. While in HATCH, ventures work towards a transformative commercial goal such as closing a Seed or Series A investment, completing major commercial partnerships, achieving repeatable sales, or completing an asset or company acquisition transaction with the mentorship of dedicated Entrepreneurs-in-Residence (EiRs).
Program Overview
Together with the Institute for Computing Information and Cognitive Systems (ICICS), the program provides guidance and resources for entrepreneurs to achieve their greatest potential. Ventures will build on foundational and operational programming, office space, and have access to shared wet lab space or HATCH Makerspace (located at ICICS). ICICS' world-class makerspace provides an environment where early-stage companies can technically de-risk their innovation, build their teams in collaborative office spaces, and access technical interns and an alumni network. In addition to the office and makerspace at ICICS, HATCH Ventures also have access to office space at the Innovation UBC hub at UBC Robson Square.
Eligibility Criteria
- The key applicant must be a co-founder of a UBC spin-off company
- The venture team must have completed Innovation UBC’s Venture Founder program If you have completed Venture Founder, but are not a UBC spin-off company, you may be eligible to HATCH Venture Builder through ICICS.
Program Highlights
- Up to 18 months of programming, support, and access to our spaces
- Advisory services: Dedicated Entrepreneurs in Residence (EiRs) who advise and support company development, sales, and marketing, recruiting, and fundraising.
- Education and workshops: Attend workshops covering corporate value/vision articulation, team building, revenue, and business modeling, fundraising, leadership, and management skills, all of which layer on top of the knowledge and skills acquired as in the Venture Founder program.
- Leadership training: Access to CEO MasterMind advanced workshop series for leadership training and skill development to boost survival and growth prospects:
- business development/sales
- presenting and fundraising
- people management
Program Structure
The HATCH Venture Builder program is available only to UBC spin-off companies that have completed our Venture Founder program. Teams who meet this criteria will be invited to apply on an annual basis. The program is designed to provide a comprehensive support system for venture teams, including access to office space, makerspace, and a network of entrepreneurs, mentors, and industry experts.
Program Goals
The primary goal of the HATCH Venture Builder program is to support the growth and development of UBC research-based venture teams, enabling them to achieve transformative commercial goals and make a significant impact in their respective industries. By providing a supportive ecosystem, resources, and expertise, the program aims to foster innovation, entrepreneurship, and economic growth.
Conclusion
The HATCH Venture Builder program offers a unique opportunity for UBC research-based venture teams to scale their business, achieve commercial success, and make a lasting impact. With its comprehensive support system, world-class facilities, and network of industry experts, the program is an ideal platform for entrepreneurs to turn their innovative ideas into successful ventures.
