Become a Member
Interested in becoming a member of the Social Ventures Zone? We offer two streams, depending on where you're at:
Looking to get involved in a different way? Click here to learn more about other ways to join our community.
Admission Criteria for Venture Incubation
Our Admissions Committee is made up of faculty, staff, fellow entrepreneurs, and community members and meets each semester (three times per year) to evaluate ventures requesting admission. Each application is blindly scored according to the following criteria:
- Potential Impact: How will the venture impact people or the environment, address a serious concern and/or have a potential to engage community partners?
- Degree of Innovation: To what degree does the venture idea mimic established approaches or does it present a new and innovative approach (and the potential for disruptive change)?
- Potential of Sustainability: Has the individual or team thought through how the venture can be viable (e.g. multiple sources of revenue, support of a partner, etc)?
- Personal Capacity: Does the team lead and/or team members have a demonstrated history of self-starting, a passion for the issue, etc.?
After the Admissions Committee reviews and evaluates the online application, it may choose one of two (2) options:
- Decide not to accept the application and recommend other courses of action to improve the idea for resubmission, suggest other places it can find support, etc.; or,
- Offer stage one approval and ask the individual and/or team proponent(s) to attend an in-person pitch session with committee members
Proponents who are asked to pitch in person should prepare a basic slide deck (no more than ten slides) explaining their project and why it is a good fit for the SocialVentures Zone. Each pitch should be no more than ten minutes long and will then be followed by up to 15 minutes of questions from the committee. For an example of a template presentation, please check out Guy Kawasaki’s pitch guidelines here, external link.
In the event that the venture is not accepted, the committee will provide the proponents with feedback as to why and make suggestions, as appropriate, for further work on the concept, other places they may go for support, etc.
Applications for the SocialVentures Zone open three (3) times per year and are accepted in a cohort model following Ryerson University’s semester cycles. Applications are open in December, April and August.