Capital EIR
MaRS Discovery District
About MaRS
MaRS Discovery District (@MaRSDD) in Toronto is the one of the world’s largest urban innovation hubs.
MaRS supports promising high-growth companies to scale their businesses globally, while tackling key societal challenges in areas such as Health, Cleantech, Finance, Transportation, AI, and others. In addition to helping start-ups launch, grow and scale, the MaRS community is dedicated to cross-disciplinary collaboration, commercialization of discoveries, and driving ideas to impact.
We are a purpose-driven organization on a mission to make the world a better place through inclusive innovation. This commitment to inclusion, equity and diversity are core to who we are and what we believe and, as such, encourage applications from members of diverse identity groups, including those who have been historically excluded and marginalized. You are welcome at MaRS.
We want you to be as successful throughout our recruitment process as possible. Please get in touch with us if there’s anything we can do to make your experience more accessible and inclusive, including accommodations for differing (dis)abilities.
INVITATION FOR PROPOSAL
MaRS Discovery District (“MaRS”) is seeking a vendor that will provide the following “Services”:
Capital EIR
The selected candidate will work with the Capital Intensive team to deliver the following:
- Advisory: Provide advisory on capital and business strategy, including business model, GTM plans, market opportunity assessments; investor pitch decks, memos, etc; term sheet negotiations & closing the deal. Work-glove advisory is defined as providing ventures with templates, toolkits, and other assets and using them to co-develop execution or change plans with the client team as part of the advisory services.
- Portfolio Insights: Provide expert input into company and portfolio assessment processes to maintain a high quality bar for the Seed and Series A capital intensive programs.
- Investor Connections: Provide warm introductions to ventures in the intensive programs to VCs and other capital providers in MaRS’ VC Syndicates and/or your own network (with prior approval).
- Community: Lead peer to peer sessions on relevant topics.
- Thought Leadership: Provide industry leading thought leadership on venture challenges to support program development. Share venture insights with MaRS team members.
We are seeking an independent contractor who can work with the Capital Intensive team on a part-time basis.
Key qualifications
- Relevant experience as a core member of the fundraising team for a Seed and Series A financing round in a scaling tech or science based company in the above mentioned sectors. AND/OR experience in a VC fund that makes Seed/Series A investments in the sectors mentioned in the Project section.
- Relevant experience as an advisor, mentor, coach, or consultant for tech or science based companies at Seed to Series A stages in sectors mentioned in the Project section.
This is a 1 year contract, commencing on the effective date of the contract. There is an option to renew for an additional 2 years, at MaRS's discretion.
All candidates must apply to this role by submitting responses to the Candidate Information section highlighted in yellow in the PDF.
SELECTION CRITERIA
Candidates will be evaluated on the mandatory qualifications and preferred qualifications specified below, as well as interviews, if held at MaRS's discretion. The candidate that scores the highest in the applicable categories may be invited to enter into an agreement with MaRS. The candidate that offers the lowest price will not necessarily be selected.
Mandatory qualifications of the vendor include the following (Note: Candidates that do not satisfy the mandatory qualifications set out below will be disqualified):
- Relevant experience as a core member of the fundraising team for a Seed and Series A financing round in a scaling tech or science based company in the above mentioned sectors. AND/OR experience in a VC fund that makes Seed/Series A investments in the sectors mentioned in the Project section.
Please submit responses that address the following preferred qualifications:
- Relevant experience as an advisor, mentor, coach, or consultant for tech or science based companies at Seed to Series A stages in sectors mentioned in the Project section
SCORING SYSTEM
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Rating Score: Excellent 8-10 Very good 6-7 Good 4-5 Satisfactory 1-3 Unacceptable 0
TERMS AND CONDITIONS
This “Invitation” is provided in relation to a competitive bidding process initiated by MaRS to secure a selected candidate that will provide the above-mentioned Services. This is not a legally binding contract – however, if a candidate is selected, the matters the candidate submits as a response will be incorporated in the final contract. At all times, in its sole discretion, MaRS may determine (a) whether to terminate this process; (b) whether to proceed to engage a candidate; (c) if applicable, which candidate will receive an offer of engagement; and (d) if applicable, the terms under which the vendor will receive an offer of engagement. MaRS reserves the right to request any additional information that it deems necessary to clarify any portion of the response. By submitting this form, you agree to keep all information in this Invitation confidential per commercially reasonable standards. Any disputes related to this Invitation will be escalated for discussion and resolution by executives of MaRS and the candidate before any third party is engaged to resolve the dispute.
View PDF for the invitation here.