Capital Investment Program
Canada
Support for technology companies ready to scale
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Information and cultural industries
- Finance and insurance
- Professional, scientific and technical services
- Health care and social assistance
grant_single|grantors
- ventureLAB
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get access to services designed specifically to prepare your company for investment and rapid growth, including how to craft a compelling pitch, connecting with investors, and putting in place a long-term capital strategy to support rapid growth and the s
grant_single_labels|projects
- Companies ready to scale and develop a long-term capital strategy
- Founders who face unconscious bias, barriers to equal opportunity, and historic under-representation
- Earlier stage companies seeking investment
grant_single|admissibleProjectsExample
$40,000
Vancouver
Launching a customer feedback initiative to enhance product features and user satisfaction
$85,000
Montreal
Implementing a new technology development project to enhance product functionality and performance
$50,000
Toronto
Developing a new marketing strategy to increase online presence and expand market reach
$120,000
Ottawa
Scaling up operations and enhancing production efficiency with new machinery and process optimization
$100,000
Winnipeg
Conducting market traction development for expanding into the US market with tailored strategies and partnerships
$70,000
Calgary
Creating a go-to-market strategy for a new eco-friendly product line targeting environmental-conscious customers
grant_single_labels|admissibility
Eligibility for the Capital Investment Program is determined by specific requirements concerning the company's team, traction, technology, and go-to-market strategy.
- Experienced, diverse team with multiple full-time co-founders capable of executing the growth strategy.
- Companies must have demonstrable market traction, recurring market revenue, and customer response, although earlier-stage companies and pre-seed ventures may also be supported.
- Utilization of innovative, defensible technology that addresses a significant problem.
- Identified the correct segment of customers to target, possesses a reasonable plan to reach this segment, and demonstrates an understanding of the sales cycle.
grant_eligibility_criteria|who_can_apply
This program is best suited for companies that are ready to scale and are looking to develop a long-term capital strategy to support rapid business growth. It focuses primarily on supporting founders who experience unconscious bias, barriers to equal opportunity, and historic under-representation. Additionally, the program is open to earlier-stage companies and pre-seed ventures seeking support to establish market traction and growth strategies.
grant_eligibility_criteria|who_cannot_apply
- Companies without demonstrable market traction
- Companies lacking recurring market revenue and customer response
grant_eligibility_criteria|eligible_expenses
This program supports companies in their growth by assisting them throughout the fundraising process. It focuses on building a robust capital strategy and fostering interactions between founders and investors to facilitate business scaling.
- Refinement of investment pitches for scale-ready companies.
- Facilitating introductions with strategically-aligned investors.
- Supporting negotiations during the term sheet process.
- Organizing Demo Days and Investor Cafés for founder showcases.
- Focusing on inclusive support for BIPOC and women-led ventures.
grant_single_labels|criteria
- Experienced, diverse team with multiple full-time co-founders with the track record to execute the growth strategy.
- Companies must have demonstrable market traction, recurring market revenue, and customer response.
- Innovative, defensible solution solving a significant problem.
- Identified the correct segment of customers to target, reasonable plan to reach this segment, understanding of the sales cycle.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Register Your Interest
- Visit the official ventureLAB Capital Investment Program webpage.
- Click on the "I'm Interested" button to begin the process.
- Provide essential details about your company and interest in the program.
- Step 2: Eligibility Check
- Ensure your company meets the program eligibility requirements, including team experience, market traction, technology innovation, and go-to-market strategy.
- Step 3: Contact ventureLAB
- Reach out to ventureLAB at their contact information, such as hello@venturelab.ca or visit their address if necessary, for further instructions on the application process.
- Step 4: Follow Up
- Engage with the advisors listed if required for guidance on completing your application.
- Participate in any preliminary discussions or meetings necessary to outline your capital strategy and pitch refinement.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- There are no fees for participating in the program, and no equity is taken in the participating companies.
- Participants get access to a global network of mentors, investors, partners, and other entrepreneurs.
- Advisory support is strategic and tailored based on the company's investment readiness stage.
- Regular events like Demo Days and Investor Cafés offer platform opportunities for founder showcases.
Apply to this program
Accelerate Business Growth with the Capital Investment Program
The Capital Investment Program (CIP) offers a comprehensive support system for scale-ready companies, empowering them to develop a sustainable long-term capital strategy. This initiative is specifically designed to benefit founders and ventures, including BIPOC and women-led startups, through targeted assistance in fundraising and investor networking.
Detailed Insights into the Capital Investment Program's Offerings
ventureLAB's Capital Investment Program is a cornerstone for startups seeking to amplify their business growth and capital influx. With an extensive network of over 80 investment partners, CIP stands out by providing a unique blend of strategic advisory services that are tailored to each company's growth stage and investment requirements. Since its inception, the program has facilitated the raising of over $250 million in investments, a testament to its effectiveness and the backing of its experienced Advisors.
The program's multi-faceted approach includes refining investment pitches, streamlining the introduction to investors, guiding through term sheet negotiations, and ensuring meticulous data curation for due diligence. These processes collectively ensure that founders are well-equipped not only to secure funding but to also build lasting relationships within the investment community. ventureLAB boasts a remarkable track record of supporting over 4,000 companies and generating upwards of 6,800 jobs, underscoring its capability in leveraging economic growth through strategic investments.
An especially noteworthy aspect of the CIP is its emphasis on inclusivity, paying particular attention to underrepresented groups such as BIPOC and women entrepreneurs. By extending specialized support to these founders, CIP ensures equitable access to the resources necessary for successful fundraising. This inclusion is critical, as it addresses historic barriers and unconscious biases that more diverse founders may face in the investment landscape.
Furthermore, CIP's host of activities, including Demo Days and Investor Cafés, serve as pivotal platforms for founders to showcase their innovations and connect with potential investors. These events not only enhance visibility but also provide real-time feedback that is invaluable for refining business strategies and pitches. Participation in these events is strategically aligned with the funding round timeline and the investment readiness of the participants, ensuring that each engagement is purposeful and impactful.
Participation in the program is straightforward, with no monetary costs or equity commitments required from the participants. This means founders can focus intently on leveraging the program’s offerings without the distraction of financial obligations. The advisors, including notable names like Danielle Graham and Yuri Navarro, bring a wealth of experience to the table, providing indispensable guidance throughout the investment journey.
Ultimately, the Capital Investment Program is more than just a funding conduit—it's a holistic growth ecosystem that supports companies from the strategic advisory stage to realizing significant investment milestones. By participating in the CIP, founders gain not only financial backing but also a vital network of relationships crucial for sustainable business development and scaling operations both regionally and globally. As such, the CIP not only aids individual success but also contributes to the broader economic tapestry, enhancing innovation and job creation in the tech sector and beyond.
