About the CFMSThe CFMS is an organization representing over 8,000 medical students from 15 Canadian medical student societies from coast to coast. We represent medical students to the public, to the federal government, and to national and international medical organizations.
The Joule, a CMA Company, Innovation Grant program is now accepting applications for over $200,000 in grants.
**New this year are two $5,000 grants specifically for medical students. **
All medical students who do not receive an early-stage, late-stage or social innovation grant will be automatically assessed and the top applicants will be awarded one of two $5,000 grants.
Applying takes 5 minutes! For more information and to apply, visit Joule’s website.
Applications are due by June 1st.
Other grant categories that medical students can apply for include:
- Early-stage innovations (2 grants of $25,000)
- Open to early-stage ideas that have a credible business model and proven feasibility; that have secured less than $500,000 in seed funding; that have less than $100,000 in annual revenue generated; and have less than 3 full-time employees. Seed-funding and revenue-generated does NOT include Research & Development funding or grant funding of any kind. These submissions may include product, service, technology or other innovations. Later stage and social innovation initiatives are not eligible.
- Later-stage innovations (1 grant of $25,000 and one of $80,000)
- This category is reserved for established initiatives—ones well on their way to building a successful business. These submissions have received seed funding greater than $500,000; are generating more than $100,000 in annual revenue; and have more than 3 full-time employees. Seed-funding and revenue-generated does NOT include Research & Development funding or grant funding of any kind. Initiatives may include a product, service, technology or other innovations. Early stage and social initiatives are not eligible.
- Social innovations (1 grant of $25,000)
- Open to early or later stage initiatives that address a societal problem in a manner that improves the status quo, and for which the primary value created is to health care as a whole. Applicants MUST be part of a not-for-profit initiative. Initiatives may include a product, service, process and/or model of care.