Criteria :

• Company shall be incorporated federally or in one of the Canadian provincial jurisdictions and have rights to the IP licensed to the start-up venture 
• Novel technology with potential to transform the field, with no apparent competition or others looking at this technology
• Technology should be beyond the “idea” stage and should be at a point where there is some preliminary proof of concept/validation. 
• Technology differentiation should be clear versus competing technologies and differentiation should ideally be validated through external sources 
• Sound scientific development/product development plan and compelling business plan (12-24 month time horizon)
• Applicants would be considered investable by venture capital/PE entity within 12-24 months
• Strong / qualified technical team, business team, collaborators and investors
• In addition to items above: strategic alignment with Johnson & Johnson’s focus areas (consumer health products; medical devices; pharmaceuticals and diagnostics; big data AI/software applications), to be determined at JJI’s sole discretion

Areas of interest

We encourage innovators to submit ideas in the following scientific areas of interest:

• Consumer Goods
• Pharmaceuticals
• Medical Devices
• Diagnostics

Rewards

• JLABS @ Toronto Residency
• Mentorship with Johnson & Johnson