Innovation Guelph — Boundless Startup Program
grant_single|update January 24, 2025
ON, Canada
Resources for innovative entrepreneurs and startups
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Innovation Guelph
grant_single|status
grant_card_status|open
grant_single_labels|preview
Access monthly community calls, workshops, events, premium opportunities, and resources designed for early-stage, innovative startups.
grant_single_labels|terms_and_conditions
The Boundless Startup Program offers various financing modalities to support startups through different levels of development without initial costs, transitioning to a cost-sharing model in later stages.
- Level One and Two are offered with no participation cost for eligible companies.
- Level Three incorporates a cost-sharing structure known as "BOGO – Buy one, get one free" for mentorship, with up to one hour per month of fully funded support available.
grant_single_labels|projects
The Boundless Startup Program offers a range of activities and opportunities designed to support early-stage startups in scaling their innovations. Participants can take advantage of mentorship, networking events, and premium resources to drive business growth.
- Monthly community calls and workshops for continuous learning and development.
- Access to exclusive events and premium opportunities for networking and exposure.
- Professional introductions facilitated as needed to expand business connections.
- Regular updates and support from a dedicated Boundless Accelerator Program Manager.
- Participation in a dedicated SLACK communication channel and receipt of a special monthly Startup Newsletter.
- Completion of mandatory monthly and annual surveys to assess progress and needs.
- Up to 24 months of 1:1 mentorship with a qualified mentor, providing personalized support.
- Availability of additional (paid) mentorship and projects using Boundless Boost discount coupons during Level Two.
- Continuation of mentorship on a BOGO basis after completing Level Two, up to one year.
grant_single|admissibleProjectsExample
$ 50,000
Develop an AI-powered customer service chatbot for small businesses
$ 50,000
Launch a mobile app that offers mental health resources to teens
$ 50,000
Establish an eco-friendly packaging solution for local farmers
$ 50,000
Create a bilingual online training platform for caregivers
$ 50,000
Deploy a fleet of electric bikes for urban deliveries
$ 50,000
Develop a renewable energy microgrid for remote communities
grant_single_labels|admissibility
Eligibility for the Boundless Accelerator™ Startup Program is determined by specific requirements related to the startup's profile and the commitment of its founders.
- The company must have a scalable product or service that is truly innovative.
- Founders must work on the business for at least 20 hours per week.
- The startup must either be incorporated or planning to incorporate.
- Revenue must be under $1 million in annual recurring revenue (ARR).
- The company must be registered as an Ontario headquartered business.
- The founder cannot be a consultant or a solo entrepreneur with a service or retail outlet focused on selling locally and/or unable or unwilling to scale beyond local borders.
grant_eligibility_criteria|who_can_apply
The Boundless Accelerator™ Startup Program is designed for innovative startups looking to scale and willing to engage in a networked community for growth.
- Must have a scalable product or service that is truly innovative.
- Founders must work on the business for at least 20 hours per week.
- The startup must be incorporated or planning to incorporate.
- Revenue must be under $1 million in annual recurring revenue (ARR).
- Company must be registered as an Ontario headquartered business.
- Founder cannot be a consultant or solo entrepreneur with a service or retail outlet focused on selling locally and/or unable or unwilling to scale beyond local borders.
grant_eligibility_criteria|who_cannot_apply
This program has specific exclusions related to the type and status of the company. Restrictions ensure alignment with the program's aims for scalable and innovative businesses.
- Consultants or solo entrepreneurs with a service focus.
- Businesses operating as retail outlets focused on local sales without plans to scale beyond these borders.
grant_eligibility_criteria|eligible_expenses
The Boundless Accelerator™ Startup Program offers a structured pathway for startups to accelerate their business growth through education, networking, and mentorship. Participants engage in various structured activities aimed at fostering innovation and scalability.
- Monthly community calls and workshops for skill-building and networking.
- Access to premium opportunities, events, and resources tailored for early-stage startups.
- Professional introductions to industry experts and potential partners.
- Support through a dedicated SLACK communication channel and monthly Startup Newsletter.
- Matched 1:1 mentorship for up to 24 months, enhancing business strategies and personal development.
- Opportunities for additional mentorship through discounted Boundless Boost coupons.
- Continuation of mentorship on a "BOGO – Buy one, get one free" basis for up to one year after completing Level Two.
grant_eligibility_criteria|zone
This program is available to startups based in Ontario, ensuring they align with regional business development strategies. It exclusively caters to companies registered in this specific province.
- Companies must be headquartered in Ontario, Canada.
grant_single_labels|criteria
The Boundless Accelerator™ Startup Program does not have specific evaluation and selection criteria mentioned beyond the stated eligibility criteria.
grant_single_labels|apply
1
2
3
4
5
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Level Three mentorship features a cost-sharing structure on a "BOGO – Buy one, get one free" basis for up to one year with a maximum of 1 hour per month of fully funded support.
- Boundless Boost discount coupons are exclusively available to Level Two clients for additional paid mentorship hours and projects.
- Ongoing participation includes the completion of all monthly and annual surveys, as specified.
- Program progression can be influenced by the startup's coachability, engagement, and survey completion.
Apply to this program
More grants like this
Tax Creditsgrant_card_status|open
Refundable tax credit for R&D in Ontario
Expert Advicegrant_card_status|open
Personalized advisory services for innovators in Ontario
Tax Creditsgrant_card_status|open
Non-refundable tax credit for R&D in Ontario
Grant and Fundinggrant_card_status|closed
Funds to accelerate business growth in Northern Ontario
Grant and Fundinggrant_card_status|open
Funding and business support for Ontario SMEs
Grant and Fundinggrant_card_status|open
Grants to grow or expand in eastern Ontario
Tax Creditsgrant_card_status|open
Supports corporate investments in Ontario's manufacturing sector
Wage Subsidies And Internsgrant_card_status|open
Supporting Francophone economic growth in Northern Ontario
Grant and Fundinggrant_card_status|open
Funding for Northern Ontario community economic development
Grant and FundingLoans and Capital investmentsgrant_card_status|open
Loans to grow or expand in southwestern Ontario