FACIT Falcons' Fortunes 2019 - Pitch Competition

Concept: Falcons’ Fortunes (based on the popular TV series Dragons’ Den) invites Ontario-based entrepreneurs working in the oncology space to pitch innovative research ideas to a panel of friendly investors. Hosted by the FACIT Falcons (i.e. the FACIT team), this annual event will see entrepreneurial researchers vie for the $50,000 Ernsting Entrepreneurship Award to invest in the most promising oncology research idea.

While the research idea should be novel and sound, the competition is for the best pitch – i.e. the presentation that best convinces the investor panel on the value of the idea and how $50,000 would improve and/or better illustrate the potential (and if possible commercial2 value of the innovative idea itself.


Building a culture supportive of entrepreneurship and commercialization in Ontario is critical to drive innovation. The Falcons’ Fortunes event, a FACIT initiative, endeavors to enhance, support and celebrate a culture of commercialization in Ontario, such as the cultivation of skill sets that enable ideas to be successfully pitched to investors and promotion of entrepreneurial spirit.


The Falcons’ Fortunes pitch competition is open to any Ontario-based entrepreneurial researcher (e.g. academia, research institutions, research hospitals, startups, etc.) working in the oncology space. Joint pitches from up to two researchers are also eligible. Basically, anyone with the entrepreneurial itch should participate!

What oncology research ideas are in scope: Pitch ideas can be related to any cancer-related research in Ontario.


FACIT builds companies with entrepreneurs to accelerate oncology innovation and attract jobs and investment to Ontario. Blending industry experience, capital and the unsurpassed clinician-scientist network of its strategic partner the Ontario Institute for Cancer Research (OICR), FACIT capitalizes on the province’s investment in research and healthcare to the benefit of the local economy and patients worldwide. For more information, please visit the website at facit.ca.

1 Subject to further due diligence following the event and final approval by the FACIT Board
2 “Commercial value” includes patient benefits that reach the market as well as economic impacts such as job creation or capital generation

Where & When

  • Vantage Venues
    16th floor, Garden Hall,
    150 King Street West, Toronto
  • Printable Event Details [PDF]
  • April 4, 2019
    Pitch Competition 3:00 - 5:30 p.m.
    Reception 5:30 - 7:30 p.m.

Audience registration

This year’s event has now reached capacity for audience attendance.