Prospects Fund
Prospects Oncology Fund
FACIT’s Prospects Fund is designed to support early stage proof-of-concept (POC) studies within Ontario academic institutions and start-ups that fit with FACIT’s Investment Strategy and have the potential to act as deal flow for the IPDC Fund. Awarded grants typically range between $50,000 and $200,000.
Funding is governed by a research contract which grants certain rights to FACIT. FACIT receives no financial consideration on Prospects grants under $100,000. On grants of $100,000 or more, FACIT receives an option to make an investment at the IPDC level and act as the agent for commercialization. If the option is exercised, funding received from the Prospects grant will be credited towards FACIT's IPDC investment.
How to apply:
The Prospects Fund is accepting pre-submission forms twice yearly on the following dates:
- March 31
- September 30
The pre-submission form can be downloaded here.
Late applications will not be considered.
Selected applicants will then be invited to prepare a Prospects funding application which is subject to due diligence by FACIT.
Select Prospects Funded Projects
Prospects Fund (Other)
Test to Predict Breast Cancer Patient Response to Anthracyclines
Further validation of novel diagnostic gene test to predict which patients benefit from anthracycline chemotherapy.
Automatic Analysis of Screening Mammograms for Breast Cancer
Clinical validation of a novel breast cancer screening algorithm that can identify select screening mammograms as ‘benign and requiring no further review’, thereby reducing the need for a radiologi
DT1 Class of Agents for the Treatment of AML and Other Orphan Cancers
Development of DT-1 class of small molecules which possess selective cancer cell-killing activity and reduced toxicity due to a unique “cloaking” mechanism.
Ganglioside-based Immonotherapy
Evaluation of survival benefit and preclinical proof of concept of a novel ganglioside-based cancer vaccine.
