2023 Lumira Venture Innovation Program (VIP): Fellow and Summer Analyst Applications Open

February 8, 2023 / Lumira News

Looking to make a career in life sciences innovation? Our Venture Innovation Program (VIP) is accepting applications for exceptional students across Canada who want to gain exposure to life sciences venture capital and start-ups, and are committed to pushing the future of life sciences innovation forward. By working hand in hand with seasoned industry professionals from all dimensions of the life sciences ecosystem, you will gain first-hand knowledge and insights into the challenges, opportunities, processes, and people shaping the future of healthcare innovation in Canada and around the globe.

We are currently accepting applications for two different roles:

Venture Fellow

The Lumira VIP Fellow Position is a 6-12 month program for Ph.D., MD, and MBA students who are motivated build careers in life sciences innovation. The program is designed to be completed part-time alongside your academic program and to offer you the opportunity to participate in the full lifecycle of life sciences venture innovation and investment via different engagements across science, medicine, business, strategy, and operations. The program can be completed remotely from anywhere in Canada, with periodic opportunities to interact in-person at one of our Canadian offices. 

Application Deadline: March 31st, 2023

Summer Analyst

The Summer Analyst will join Lumira’s Toronto office on-site from May-August. In this position you will work closely with Lumira’s Toronto based investment team to learn all aspects of the venture business, with a particular focus on financial modeling, business diligence and proactive market analysis. This position is open to exceptional business-stream upper year undergraduates, MBAs, and Masters students with a strong financial analysis skill set. Education or work experience in the life sciences would also be an asset.

Application Deadline: Sunday, March 5th, 2023

Frequently Asked Questions

Who is Lumira Ventures?

Lumira Ventures is an impact investor that has consistently delivered first quartile financial returns to investors in its funds, while also delivering medical innovations that impact patient lives and healthcare ecosystems globally. Our portfolio companies have brought more than 50 biomedical innovations to the market impacting the lives of over 1 billion patients, and generating over $70 billion of cumulative revenue.

Why did Lumira Ventures launch the LV VIP?

From the seed investment all the way through to growth stage investment, we have partnered with entrepreneurs in Canada and throughout North America to develop and commercialize truly transformative products that address unmet patient needs and improve the lives of patients worldwide. As Canada is at the foundation of Lumira’s business, we feel privileged to be an active builder of Canada’s biotech and life sciences ecosystem. As a function, we recognize the growing need to identify and support the development of next generation of leaders and innovators within Canada’s high-growth life sciences ecosystem.

Am I eligible to apply for LV VIP?

Venture Fellow:

  • Canadian citizen or Permanent Resident of Canada
  • Student in the final years of a PhD, MBA or MD program or recent graduates engaged in post-doctoral research or residency programs, with a strong background in the life sciences.

Summer Analyst:

  • Canadian citizen or Permanent Resident of Canada
  • Business-stream upper year undergraduate, MBA, and/or masters students with a strong financial analysis skill set, and track record of academic excellence.
  • Background in the life sciences would be an asset.

How much of a time commitment is ideal and is the program paid?

Venture Fellow: To get the true benefit of the program, the candidates are expected to participate for at least 6 months, and commit 10-15h per week. Participants must be available to join some meetings during business hours, the timing of which can be flexible. Participants will also be entitled to a monthly stipend.

Summer Analyst: To ensure the greatest experience and engagement for our Summer Analyst, candidates are expected to be working with our team full-time and in-person at our Toronto office. The position is a paid experience.

Where does the program take place?

Venture Fellow: Candidates can work remotely from anywhere in Canada, and will have opportunities for in-person interactions with the Lumira team if logistics allow.

Summer Analysts: Candidates will work full-time and in-person from the Lumira Ventures Toronto office.

VIP Alumni Experiences

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