Praxis SCI Incubate 2025 Program Application

Welcome to the Praxis Incubate 2025 Application. You can find more information about our program here.

Note: This application does NOT save progress online. Please save your responses offline as you proceed.

Important Dates

Program Milestones Date
Application Opens January 20, 2025
Application Deadline (11:59 PM PST) March 20, 2025
First and Second Interviews April 7 – May 5, 2025
Program Start May 20, 2025
Program End September 23, 2025

 

Before Proceeding

*As a prerequisite set by our funding organization, please confirm if your startup collaborates with researchers, is affiliated with, or is in receipt of funding or in-kind support from any of the organizations listed here.

*Is your technology advancing in a sensitive technology research area?

Application Preparation Checklist

Please confirm you have the following infomation ready for this application

Your product overview and development plan should include the following information

  • Solution Description: Provide a brief, clear description of your product or service, including visuals if available.
  • Market Analysis: Estimate the total market size, the specific segment related to spinal cord injury (SCI), the portion of the market you aim to capture and identify different customer segments.
  • Clinical Validation and Research: Summarize any research or clinical studies completed to date, including third-party or accredited findings, if applicable.
  • Development Roadmap: Outline key milestones achieved and planned, such as technical developments or clinical validations, leading up to market launch.
  • Impact on SCI Patients: Project the number of SCI patients your product will reach and describe the benefits your product offers to them.
  • Marketing and Customer Acquisition Strategy: Detail the resources and methods you will use to attract and retain customers.
  • Competitive Analysis: Highlight what makes your solution unique and identify 3-5 key international competitors.
  • Financial Overview: Provide the past year's financials by quarter and project sales for the next three years, including the number of units expected to be sold annually. Use USD or CAD as monetary units.
  • Sustainability and Growth Strategy: Describe your plan for building a sustainable business model or potential exit strategies, such as acquisition by a strategic partner. Provide specific examples if possible.
  • Funding Plan: Specify the amount of capital raised to date, funding rounds completed, and outline funding goals for 2025-2026.
  • Team Overview: Introduce your core team members and board of advisors, if applicable, including brief bios highlighting relevant experience.