Frequently Asked Questions
- What are the Frequently Asked Questions?
Yes, as long as there is at least one co-founder who is a full-time U of G student OR a U of G alumnus.
Yes, U of G alumni are eligible so long as they are a co-founder.
No, this is grant and not a loan. We ask that you spend the money responsibly and best utilize it to grow your enterprise. We do check to ensure the money is spent appropriately.
Yes. Students or alumni must have a well-thought out, but unproven new venture idea.
Hub Applications for Summer 2022 Intake are closed. Preview the Application Questions in PDF If you are selected for an interview, you will pitch your business idea to the panel and will be asked a series.
The Hub helps students and alumni with an existing enterprise or an idea for an enterprise progress through the initial stages of a start-up, specifically the discovery and validation stages. Participants will utilize their time at the Hub discovering whether or not their enterprise is solving a meaningful problem and validating their enterprise by gauging interest through the exchange of money or attention from their target market.
No, the Hub is also available to co-founders who are U of G alumni. For students, there must be at least one co-founder who is a full-time UofG student in order to qualify for the Hub. /p>
Unfortunately, a high percentage of start-ups fail. If you tried valiantly and worked hard, we will completely understand. You learn from your failures and become better prepared for future opportunities.
The Hub Incubator classroom is located on the University of Guelph campus, in the J.D. MacLachlan building. Please note that due to COVID-19 the program is operating virtually. We have not decided about the Summer 2022 Hub offering (virtual or in-person). All candidates are encouraged to apply and more information will be shared once we have a decision.