Accelerated Growth Program

Q: How much funding can be received?

There is no informations about how much funding can be received.

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Is the Accelerated Growth Program a grant, loan, or tax credit?

Accelerated Growth Program is a Expert Advice

Q: Who are the financial supporters of the Accelerated Growth Program?

Accelerated Growth Program is funded by ventureLAB

Q: Who is eligible for the Accelerated Growth Program program?

To be eligible for the Accelerated Growth Program program, you must: • Technology startup in hardware, enterprise software, or AI solutions • Incorporated in Canada • Preferably has proof of concept or is in Beta test with customers

Q: Who can I contact for more information about the Accelerated Growth Program?

You can contact ventureLAB or by phone at 905-248-2727.

Q: Where is the Accelerated Growth Program available?

The Accelerated Growth Program program is available across Canada.

Q: Are startups eligible for the Accelerated Growth Program program?

Yes, startups are eligible to apply for the Accelerated Growth Program program.

Last Update: July 29, 2025

Canada

Support for technology startups

At a glance

Eligible Funding

No Condition

Timeline

Open Date : November 14, 2019

Financing Type

Expert Advice

Eligible Industries

Manufacturing
Information and cultural industries
Professional, scientific and technical services

Funds Providers

Unspecified

Program status

Open

Overview

Get 6 months of expert help to accelerate your company's growth, optimize your sales and marketing process, access investment capital and build sustainability once you have launched your product.

Financing terms and conditions

Discounted access to Innovation Space Hub Membership at 50% off the standard rate.

Activities funded

Acceleration and scale-up of technology ventures focused on hardware, semiconductors, or enterprise software AI solutions.
Development, validation, and market testing of innovative tech products.
Strengthening business strategy and growth plans through personalized mentorship and advisory support.
Enhancement of intellectual property strategy and protection.
Collaboration and networking with industry experts and academic partners to foster innovation.

Examples of admissible projects:

$ 205,000

Boosting AI-driven logistics software from beta to market-ready stage

$ 125,000

Developing a SaaS platform for online education, moving from beta to full launch

$ 162,500

Expanding a fintech SaaS platform for small businesses across Canada from Calgary

$ 275,000

Scaling a medical technology startup from pilot to national distribution

$ 187,500

Launching a smart agriculture solution for Canadian farmers

$ 190,000

Scaling a smart home hardware startup from prototype to mass production

Eligibility

The applicant must be an incorporated company in Canada.
The company must be a technology startup in the fields of hardware, enterprise software, AI solutions, or another innovative tech solution.
The company should preferably have proof of concept with initial customers or be in a beta test with potential customers.

Who is eligible?

Technology startups in hardware
Enterprise software companies
Companies developing artificial intelligence (AI) solutions
Tech startups with innovative technology solutions

Who is not eligible

Technology startup not looking to scale in hardware, enterprise software, AI solutions or innovative tech solution
Does not have a proof of concept with the first customer(s) or are not in a Beta test with potential customers
Not incorporated in Canada

Eligible expenses

Discounted access to collaborative workspaces and professional mailing address through Innovation Space Hub Membership.
Access to over 300 discounts and credits for essential tools and resources via the Perks platform.
Comprehensive review and support for Intellectual Property (IP) strategy.
Personalized advisory and mentorship support to define business milestones and develop growth plans.

Eligible geographic areas

Companies incorporated in Canada.

Selection criteria

The evaluation and selection process for the Accelerated Growth Program is designed to assess the suitability and potential of technology startups in hardware, enterprise software, AI solutions, or innovative tech solutions. The process includes joining the ventureLAB community, attending an info session, an initial evaluation, presentation to a review panel, and notification of status within six weeks.

Join the ventureLAB community by submitting an application on the “Join Us” page.
Register to attend a virtual or in-person Info Session and speak one-on-one with a dedicated advisor to determine your suitability for the program.
After the initial evaluation, successful candidates will be invited to present to a review panel for further consideration.
All candidates will be notified of their status within six weeks of their review panel.
Successful candidates will participate in the Accelerated Growth Program for three to six months.

How to apply

Join ventureLAB Community

Submit an application on the “Join Us” page of ventureLAB’s website.

Info Session Registration

Register to attend a virtual or in-person Info Session.
Engage in a 1-on-1 discussion with a dedicated advisor to assess your suitability for the program.

Presentation to Review Panel

If initially evaluated as suitable, submit a detailed presentation for consideration.
This presentation will be reviewed by a panel for further evaluation.

Notification of Status

Receive notification of your application status within six weeks following the review panel.

Program Participation

Successful candidates will participate in the Accelerated Growth Program for a period of three to six months.

Additional information

Participants can receive up to 15 hours of dedicated guidance from a program Advisor.
Program offers access to over 300 discounts and credits for tools and resources via the Perks platform.
Discounted rate of 50% is provided for Innovation Space Hub Membership during the program.
Comprehensive review and support of participants’ Intellectual Property (IP) strategy is included.

Documents and links

Accelerated Growth Program

Contacts

905-248-2727

Apply to this program

Frequently Asked Questions about the Accelerated Growth Program Program

Here are answers to the most common questions about the Accelerated Growth Program. 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.