N1M

Notice

As of Monday, May 29th, 2017, we are no longer accepting new applications for the N1M program. Only complete applications submitted and received via Reviewr by 4 PM on May 29th will be considered. Thank you for your interest in N1M.

Questions? Email john.hayden@northumberlandcfdc.ca

Program Details

Northumberland CFDC has received $1 million in funding from FedDev Ontario to accelerate promising technology startups and innovation-driven SMEs in Northumberland—hence “N1M”. The program (subject to availability of funds) will run through to 2019.

We are looking for companies with large, addressable markets, competitive advantage, high-growth potential/scalability, credible founder teams and the potential for strong local economic impacts. Through your success we hope to grow opportunities for high quality job creation, business expansion and the intensification of exurban entrepreneurial ecosystems.

N1M gives participating startups a one-year development trajectory with the opportunity to get onto a solid venture capital track. Our program offers companies in both the idea and validation stages the chance to benefit from:

A Greeting from the Right Hon. Prime Minister Justin Trudeau

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Up to $30,000 in matching performance-based funding (non-dilutive and non-repayable contributions)

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Up to $2,500 for founders’ training (100% of eligible costs)

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The strategic support of a Venture Catalyst for one year

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Upon successful program completion, the chance to pitch to Northumberland CFDC for up to $250,000 in financing

By The Numbers

Up to $30,000 in Matching Funding

$2500 Skills Training Voucher

$250,000 Financing Opportunity

Who is Eligible?

  • Idea or validation startups and SMEs with high growth potential
  • Driven by innovative technologies/core competitive advantage
  • Credible founder team
  • Located in Northumberland* and committed to local job creation
  • Able to invest (or finance the investment) of required matching funds

If your startup has or will receive funding under the OCE SmartStart Seed Funding program or other similar programs funded by FedDev Ontario’s Investing in Business Innovation (IBI) initiative, you are not eligible for N1M.

How to Apply

Applications for N1M will open for continuous intake on June 15, 2015 via Reviewr. You will be expected to meet an industry standard commensurate with Ontario angel organizations’ application criteria and equal to our annual N100 Startup Competition.

If your startup was a finalist in N100 2015 (and through to 2018) you are pre-qualified for N1M! You do not need to submit a separate application. Simply contact us now to set up your project (actual funding amount and details of your specific project are subject to final review and approval).

Competitive Selection

Northumberland CFDC will extend an invitation to qualified startups to develop a project with us. The N1M funding amount will be determined by a Letter of Offer including agreed-upon performance-based milestones and reporting requirements. Contracts will be issued subject to receipt of requested documentation, substantiation and completion of final due diligence.

Please note: N1M is a competitive program and not all applicants will receive funding.

*Outside of Northumberland

We are able to work with a limited number of startups outside of Northumberland, across Southern Ontario. If you are a strong candidate and in particular located in a non-urban area served by a Community Futures Development Corporation, please contact us today to find out if N1M might be available and right for you.

Startups located anywhere in Southern Ontario are eligible to apply for N1M, however, due to the geographic emphasis of the program, priority will be given to startups that can demonstrate a local economic impact such as integrating Northumberland suppliers into your supply chain, engaging local prototyping and engineering services, working with creative and technical firms located in Northumberland, partnering with fourth pillar organizations like the Northumberland Manufacturers’ Association, undertaking test marketing and pilot projects in Northumberland, etc.

A visual representation of the N1M process from Application to Project Ready Status

1. Application Submission

2. Application Review

3. Project Development

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4. Letter of Offer

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5. Project Start

6. Tranche 1

7. Tranche 2

8. Ongoing Annual Reports

9. Opportunity to pitch for up to $250,000 in financing for your startup

Startups approved for participation in N1M

BCM-CHEM Products

Safe biodegradable multi-use green chemicals.

tack-attack.com

N1M-2016 - Cobourg
$32,500 approved funding
 

ElectroSystems Solutions

ElectroSystems Solutions

Liquid polymeric electrical connection enhancer.

www.electrosystems-solutions.com

N1M-2015 - Port Hope
$32,500 approved funding
 

Virtual Surgery Simulation

Virtual Surgery Simulation

Augmented and virtual reality training solution for surgeons.

www.virtualsergerysim.com

N1M-2015 - Cobourg
$32,500 approved funding
 

 
Ckure Mobile

Ckure Mobile

Roadside assistance app.

ckure.ca

N1M-2016 - Mississauga
$7,500 approved funding
 

 
Comfable_logo

Comfable

QTemp: a smart, wearable weather station.

comfable.com

N1M-2016 - Toronto
$32,500 approved funding
 

 
NuPhysics

NuPhysics

Chiller that uses hot air/water instead of electricity.

nuphysics.ca

N1M-2016 - Toronto
$32,500 approved funding
 

Sustainable-Engine-Technology
 

Sustainable Engine Technology

Fuel saving, pollution reduction systems that improve engine efficiency.

N1M-2016 - East Gwillimbury
$32,500 approved funding
 

Pixelnomial

Pixelnomial

Creative studio developing interactive augmented and virtual reality products.

www.pixelnomial.com

N1M-2015 - Cobourg
$32,500 approved funding
 

 
Munch

Munch

Local restaurant delivery app.

www.mymunch.com

N1M-2015 - Cobourg
$32,500 approved funding
 

UBI

Unified Computer Intelligence Corporation

Voice-interactive computing for the Internet-of-Things (IoT).

www.theubi.com

N1M-2015 - Cobourg
$32,500 approved funding
 

careline

Mitigate Injury Management Canada (CAREline)

Web-based workplace injury triage.

www.mitigateinjuries.com

N1M-2016 - Cobourg
$32,500 approved funding
 

 
wishme

Wish Me

Event and gift app.

www.wishme.io

N1M-2016 - Mississauga
$7,500 approved funding
 

GeoSqr
 

GeoSqr

Geo-fencing technology.

N1M-2016 - Toronto
$32,500 approved funding
 

 
ideacloud-light

IdeaCloud

Drive engagement via content curation.

ideacloud.me

N1M-2016 - Toronto
$32,500 approved funding
 

 
mindset-headphones

Mindset Headphones

The world’s first productivity headphones.

thinkmindset.com

N1M-2016 - Toronto
$32,500 approved funding

 
Fidelity

Fidelity Engineering and Construction Inc.

Heavy civil engineering firm commercializing an innovation for culvert rehabilitation.

www.fidelityeng.com

N1M-2015 - Colborne
$32,500 approved funding
 

 
Tandem Technical

Tandem Technical

Eliminate carbon, nitrogen, and sulfur emissions and turn them into high value materials.

tandemtechnical.com

N1M-2016 - Orleans
$32,500 approved funding
 

cnrgcxp

Sound Options TT

Sound Options TT

Innovative sound therapy for tinnitus sufferers.

www.soundoptions.ca

N1M-2015 - Mississauga
$32,500 approved funding
 

DexLabs

DexLabs

Gaming hardware peripherals.

www.allcontroller.net

N1M-2015 - Hamilton
$32,500 approved funding
 

 
qoints-logo

Qoints

Digital marketing intelligence for major brands.

www.qoints.com

N1M-2015 - Cobourg
$32,500 approved funding
 

 
ILift

ILift

Electronic barbell clips/spring collars.

www.ilift.co

N1M-2016 - Waterloo
$32,500 approved funding
 

 
KMA-Therapy-Associates

KMA Therapy Associates

Developing an innovative online peer-to-peer relationship mentoring network.

drkimberly.com

N1M-2016 - Toronto
$32,500 approved funding
 

Startups seed funded through the pilot version of N1M
(Scientists and Engineers in Business)

EnviraMet

EnviraMet

Water purification technology

www.enviramet.com

SEB-2013 Cobourg
$30,000 approved funding
 

Delice Foods

Delice Foods

Baobab fruit smoothies

facebook.com/BaoSmoothies

SEB-2012 Port Hope
$15,000 approved funding
 

KAI_Innovations

KAI Innovations

Electronic medical records

www.kaiinnovations.com

SEB-2012 Cobourg
$30,000 approved funding
 

IFTech

IFTech

Virtual reality suit

www.araig.com

SEB-2013 Port Hope
$30,000 approved funding
 

SkyKar

SkyKar

Aerospace engineering

SEB-2013 Warkworth
$30,000 approved funding
 

FifthWind

Uniqee Construction

Sustainable earthblock technology

www.fifthwindfarm.blogspot.ca

SEB-2012 Cold Springs
$15,000 approved funding
 

ChargeCentre

ChargeCentre

Mobile charging station

www.chargecentre.ca

SEB-2013 Kingston
$30,000 approved funding
 

Synbiota

Synbiota

Integrated software for synthetic biology

www.synbiota.com

SEB-2013 Haliburton
$30,000 approved funding
 

 
They Innovate Inc

They Innovate Inc.

Innovative consumer products

www.theyinnovate.com

SEB-2012 Port Hope
$30,000 approved funding
 

blancride

Blancride

Carpooling app

www.blancride.com

SEB-2014 Mississauga
$10,000 approved funding
 

SkopWorks

SkopWorks

Indie game development studio

SEB-2013 Port Hope
$15,000 approved funding
 

N1M Project Manager - John Hayden

Contact John Hayden about N1M

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For over a decade, John has worked with Northumberland CFDC in entrepreneurial development and finance, with a particular interest in technology-driven startups and advanced manufacturing. John is a member of the Canadian Venture Capital and Private Equity Association (CVCA) and holds an Executive Certificate in Strategy & Innovation from MIT where he participated in the Entrepreneurship Development Program in 2013. He holds a BA from the University of Toronto and a MA from the American University of Beirut and is currently involved in several startups.

John Hayden Manager, Enterprise Programs 905.372.8315 x224 john.hayden@northumberlandcfdc.ca