
- Open continuously
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.
At a glance
Funding available
- Access new markets
- Start a business
- Launch or market a product/service
- Varies by project
- Open continuously
Eligible candidates
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Ontario
- For-profit business
- All revenue ranges
- All organization sizes
- Startups
Next Steps
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.
Eligibility
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.