Innovation Guelph — Boundless Startup Program
ON, Canada
Resources for innovative entrepreneurs and startups
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Expert Advice
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- Innovation Guelph
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Access monthly community calls, workshops, events, premium opportunities, and resources designed for early-stage, innovative startups.
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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.
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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.
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$ 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
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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.
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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.
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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.
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The Boundless Accelerator™ Startup Program does not have specific evaluation and selection criteria mentioned beyond the stated eligibility criteria.
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- Step 1: Check Eligibility
- Ensure your startup meets all the outlined eligibility criteria, including having a scalable and innovative product or service.
- Verify the business is registered and headquartered in Ontario, and that revenue is under $1 million ARR.
- Step 2: Gather Necessary Information
- Prepare detailed information about your startup, business model, and product or service offerings.
- Gather any supporting documents that highlight your startup's potential and innovation.
- Step 3: Complete Application
- Access the online application form provided by the Boundless Accelerator™ Startup Program.
- Fill out the application form completely, providing all necessary details about you and your company.
- Double-check the information for completeness and accuracy to ensure it aligns with the program's requirements.
- Step 4: Submit Application
- Submit the completed application through the specified portal or email address as instructed by the Boundless Accelerator™.
- Ensure submission is within any specified deadlines.
- Step 5: Await Response
- Wait to receive a response from the Boundless Accelerator™, which should occur within five business days.
- Prepare to possibly provide additional information or clarification if requested.
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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
Accelerate Your Startup Journey with the Boundless Startup Program
The Boundless Startup Program offers a fully funded pathway designed to propel startups towards revenue generation and investment readiness. By providing access to educational resources, mentorship, and networking opportunities, the program aims to support innovative growth and scalability.
Detailed Insights into the Boundless Startup Program
The Boundless Startup Program is meticulously crafted to support the growth and scalability of early-stage startups through its three-tiered structure. At Level One, startups benefit from a range of foundational resources aimed at nurturing their initial developmental phases. Participants are engaged through monthly community calls and workshops, which are tailored to foster a collaborative atmosphere among like-minded entrepreneurs. These sessions are supplemented with professional introductions and access to events, creating a robust network of opportunities essential for startup success. Continuous engagement via a dedicated Slack communication channel ensures that founders remain connected and informed, facilitating an ecosystem conducive to growth. This level of the program prioritizes active participation and requires startups to complete surveys that guide future improvements in the program's offerings.
As startups progress to Level Two, they gain access to enhanced support mechanisms designed to address more complex challenges in their journey. This includes up to two hours per month of one-on-one mentorship with a qualified mentor for a period of up to 24 months. This personalized mentorship is invaluable, providing tailored guidance to navigate the intricate challenges faced by scaling startups. Additionally, participants have situational access to extended mentorship hours through the use of Boundless Boost discount coupons, offering a flexible approach to overcoming specific hurdles. The combination of these resources enables startups to not only survive but thrive in competitive markets.
Upon completing 24 months at Level Two, startups can transition to Level Three, where mentorship continues on a "Buy One, Get One Free" basis for up to one additional year. This aspect of the program ensures sustained support while making mentorship more accessible. By maintaining all the previous inclusions and expectations from Level One, startups continue to benefit from the community-driven and resource-rich environment that fosters long-term growth.
The Boundless Startup Program is uniquely positioned to help startups actualize their potential through structured support and resources in an increasingly dynamic market environment. Its emphasis on innovation, scalability, and community building makes it an ideal choice for startups looking to enhance their capabilities and reach new milestones. With Boundless Accelerator™, the journey from ideation to market leadership is strategically supported, ensuring that startups are well-equipped to face challenges and seize opportunities as they arise.
