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Centech Acceleration - Canada

Centech Acceleration

Last Update: January 24, 2025
Canada
Advice for tech startups to accelerate AI solutions

Centech Acceleration at a glance

Eligible Funding
  • No Condition
Timeline
  • Open Date : November 27, 2023
  • Closing date : December 18, 2023
Financing Type
Expert Advice
Eligible Industries
  • All industries
Grant Providers
  • Centech
Status
Closed

Overview of the Centech Acceleration program

Participate in an upcoming 12-week accelerator program designed for startups that have developed an AI solution applied to supply chains. Get access to workspaces, group clinics, one-on-one coaching, and more.

Eligible projects & activities

Examples of admissible projects:

$ 200,000

Create a blockchain-based intellectual property registry for supply chain solutions

$ 140,000

Create AI-driven marketing strategies to improve supply chain transparency for food distributors

$ 180,000

Develop an AI-based financial management system for supply chain enterprises

$ 150,000

Develop an AI solution to optimize supply chain logistics for mid-sized retail companies

$ 120,000

Enhance AI-enabled supply chain analytics platform for small manufacturing firms

$ 130,000

Enhance customer experience in supply chain through AI-driven feedback systems

Eligibility criteria of the Centech Acceleration program

Eligibility for the Acceleration program is open to various individuals and entities who meet certain criteria.
  • Applicants should be involved in deeptech, medtech, or edtech fields.
  • Active entrepreneurs who have started their commercialization phase less than 2 years ago can apply.
  • Engineers in the workforce are eligible to participate.
  • Students from all backgrounds can apply.
  • Researchers who have an idea for a technology project are encouraged to apply.
  • Other individuals with an idea for a technology project are also eligible.

Who is eligible?

The Acceleration program is designed for entrepreneurs and professionals with projects in deeptech, medtech, or edtech seeking to validate and grow their business ideas. Eligible participants come from various backgrounds but must fit the program's focus areas.
  • Active entrepreneurs who have entered the commercialization phase of their project within the last two years.
  • Engineers who are currently in the workforce and have relevant project ideas.
  • Students from any academic background with a focus on technological innovation.
  • Researchers with potential technological projects looking to enter the market.
  • Individuals with innovative technology project ideas aimed at development in deeptech, medtech, or edtech sectors.

Eligible expenses

This grant supports technology-centric projects in deeptech, medtech, and edtech sectors aimed at fostering business growth and market readiness. Activities focus on product development, business modeling, and strategic organizational strengthening for startups.
  • Product development and technological project validation.
  • Establishment of business models for market entry.
  • Strengthening of teams and organizational structuring of startups.

Eligibility criteria of the Centech Acceleration program

The Acceleration program at Centech evaluates and accepts new projects twice a year, in the winter and fall. The selection criteria for the Acceleration program at Centech include:
  • Technology innovation and its potential for disruption
  • Scalability and market potential
  • Quality and commitment of the entrepreneurial team
  • Relevance of the business model
  • Feasibility and clarity of the project
  • Alignment with the deeptech, medtech, or edtech fields

How to apply to the Centech Acceleration program

1
Online Application
  • Visit the Centech website to access the application form.
  • Complete the form with detailed information about the technology project and the team.
  • Submit the completed form through the website.
2
Individual Interview
  • If selected, participate in an individual interview with one of the program managers.
  • Prepare to discuss the project and answer questions during the interview.
3
Start of Program
  • Upon selection, join the cohort of approximately 30 entrepreneurs.
  • Commence the 12-week Acceleration program as scheduled.

Documents and links

Centech Acceleration

Apply to this program

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