Open
Last Update: March 4, 2026
Funding available
$ 250,000
Timeline
- Open continuously
Location
Alberta, Canada
Overview
If you’re a technology startup seeking early-stage capital for growth, but not yet venture-capital-round ready, you could get funds to match those of an angel investor, as a first step in preparing for your launch. You can also get support in the form of
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Improve governance or administrative structure
- Develop strategic partnerships
Eligible Funding
- Maximum amount : 250,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Health care and social assistance
Location
- Alberta
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
The Accelerate Fund supports Alberta-based technology startups seeking early-stage growth financing. It focuses on projects within the tech industry, especially those demonstrating proven product demand and early growth potential.
- Funding for information and communications technology projects.
- Investment in energy technology startups.
- Support for life sciences companies.
- Financing projects in the agriculture sector.
- Backing for biotech enterprises.
Eligibility
Who is eligible?
The Accelerate Fund III is open to Alberta-based tech startups that are in the early stages of growth and are not yet ready for a venture capital round. To be eligible, these startups must be private, incorporated, and have their head office and more than 50% of their employees located in Alberta. The fund specifically targets industries in information and communications technology, energy technology, life sciences, agriculture, and biotech sectors.Who is not eligible
This grant excludes certain companies and industries due to their status or main activity. The restrictions ensure that the funds support dynamic sectors in Alberta's tech ecosystem.
- Companies not incorporated or headquartered in Alberta.
- Businesses with less than 50% of employees based in Alberta.
- Industries outside B2B sectors in information and communications technology, energy technology, life sciences, agriculture, and biotech.
- Startups beyond the early-stage growth phase or already VC-round ready.
Eligible expenses
This grant supports projects that involve early-stage growth financing for Alberta-based tech startups. The focus is on fostering entrepreneurship in various B2B sectors that demonstrate proven product demand and are on the brink of expansion.
- Early-stage growth financing for tech startups headquartered in Alberta.
- Investment in private, incorporated tech enterprises with more than half of their workforce in Alberta.
- Co-investment opportunities with angel investors and venture capital partners.
- Support for startups in information and communications technology, energy technology, life sciences, agriculture, and biotech sectors.
- Mentoring and strategic advisory services provided by experienced technology entrepreneurs.
Eligible geographic areas
This grant is available to tech startups located primarily in Alberta, Canada. Eligible companies must have their headquarters and a majority of employees based in this region to qualify for funding.
- Companies must have a head office in Alberta.
- More than 50% of employees must be located in Alberta.
Additional information
Here are additional relevant details for this grant:
- The Accelerate Fund III requires matching funds from angel or private co-investors, enhancing investment impact through a multiplier effect.
- Yaletown Partners, the fund's manager, conducts due diligence and oversees investment decisions, providing significant expertise to potential applicants.
- Beyond capital, the fund offers mentorship and industry connections via experienced technology entrepreneurs from the A100 and Yaletown Partners.
- Accelerate Fund III encourages collaboration and co-investment with other venture capital funds, formal angel groups, and individual investors.
- The fund has a typical investment size of $250,000 for the first round of financing with a new company.
Frequently Asked Questions about the Accelerate Fund Program
Here are answers to the most common questions about the Accelerate Fund. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Accelerate Fund?
If you’re a technology startup seeking early-stage capital for growth, but not yet venture-capital-round ready, you could get funds to match those of an angel investor, as a first step in preparing for your launch. You can also get support in the form of
How much funding can be received?
Accelerate Fund Funds up to $250,000 of admissible expenses.
Who is eligible for the Accelerate Fund program?
To be eligible for the Accelerate Fund program, you must:
The startup must be Alberta-based with a head office and more than 50% of employees located in Alberta.
The startup must be private and incorporated.
The startup should operate within specific sectors such as information and communications technology, energy technology, life sciences, agriculture, or biotech.
What expenses are eligible under Accelerate Fund?
The Accelerate Fund supports Alberta-based technology startups seeking early-stage growth financing. It focuses on projects within the tech industry, especially those demonstrating proven product demand and early growth potential. Funding for information and communications technology projects.
Investment in energy technology startups.
Support for life sciences companies.
Financing projects in the agriculture sector.
Backing for biotech enterprises.
Where is the Accelerate Fund available?
The Accelerate Fund program is available the province of Alberta.
Who are the financial supporters of the Accelerate Fund?
Accelerate Fund is funded by Yaletown Partners