Nurturing
Entrepreneurs,
Fueling Startups
Well-Being

MaRS & District 3 are joining forces to better understand the mental well-being challenges facing startups in health sciences streams (including biotech) and map out the resources available.

This anonymous and confidential survey will help us identify the extent of the problem and explore tools and resources that we could incorporate into our startup services.

Mind Balance Project logo and text that says "Nurturing Entrepreneurs, Fueling Startups Well-Being"

Founder Perspectives

"It should be said more often: our partners, friends, and family influence who we become, often for the better. There’s no doubt that without their support, both in the initial decision to become an entrepreneur and throughout the inevitable ups and downs, they serve as a grounding foundation.”
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Josh Pottel

CEO Molecular Forecaster

"To all my other peers, especially females in a life science specialty, if they’re a mom - this is not going to be the end of your life. You can definitely enjoy the whole journey, but you might need to take care of yourself double or triple compare with the other individuals."
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Azadeh Dastmalchi

Co-founder, Vitaltracer Ltd.

"It feels like if you’re not grinding and stressed, not eating ramen in your parents basement, then you don’t really have a startup. You have a responsibility to yourself to take care of yourself and your team."
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Erika Braithwaite

Co-founder, Precision Analytics

"I wish that people would be more accepting of seeing people take care of themselves and to not think that this is a reflection of them not working hard."
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Alison Smith

Co-founder and Chief Scientist, Roga

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The Project

At Mind Balance Project, we’re redefining startup success. Beyond the business related support, we aim to address the often-overlooked element of mental well-being for founders and teams. Our mission is to bridge this gap by providing support, nurturing both business growth and the mental resilience of those driving innovation and entrepreneurship.

As a startup there is a lot of help for you on how to launch and scale on the business side, but what about help with your mental well-being? We have seen that the mental well-being of founders and their teams are central to their startup success.

MaRS & District 3 are joining forces to better understand the mental well-being challenges facing health sciences startups and map out the resources available.

This anonymous and confidential survey will help us identify the extent of the problem and explore tools and resources that we could incorporate into our startup services.

MaRS and District 3 are committed to accelerating the growth of understanding and supporting the mental well-being of entrepreneurs in this space.

IS THIS SURVEY RIGHT FOR YOU?

We are looking to hear from Canadian early stage and up to Series B startup founders/co-founders in the health sciences space.

Health sciences founders face unique challenges that other founders may not experience in their startup journey. Some of these include longer product life cycles, regulatory hurdles, high capital needs, and scarcity of funding.

About us

MaRS and District 3 - our mission is to reduce the risk of failure for health sciences startups.

As leading Innovation Hubs in health sciences streams (including biotech) together we’ve supported 100's of startups. Our team of experienced coaches, clinicians, veteran founders and professionals is committed to helping you help yourselves.

Our findings will be shared in the summer of 2024.

Louise Pichette
Edna Chosack
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District 3

D3 was founded on the idea that innovation can give anyone the ability to create positive impact.

Through entrepreneurship, we help people solve local and global challenges to build a more fair and sustainable society.
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MaRS

As North America’s largest urban innovation hub and a registered charity, MaRS provides direct support for startups, builds communities of innovators and accelerates the adoption of high-impact solutions to some of the world’s most pressing issues.

In partnership with