How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Innovation Guelph — Boundless Startup Program?

Innovation Guelph — Boundless Startup Program is funded by Innovation Guelph

What are Innovation Guelph — Boundless Startup Program's eligibility criterias?

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 and headquartered in Ontario.

Innovation Guelph — Boundless Startup Program

Last Update: January 24, 2025

ON, Canada

Resources for innovative entrepreneurs and startups

Innovation Guelph — Boundless Startup Program at a glance

Eligible Funding

No Condition

Timeline

Continuous Intakes

Financing Type

Expert Advice

Eligible Industries

All industries

Grant Providers

Innovation Guelph

Status

Open

Overview of the Innovation Guelph — Boundless Startup Program program

Access monthly community calls, workshops, events, premium opportunities, and resources designed for early-stage, innovative startups.

Financing 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.

Eligible projects & activities

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.

Examples of admissible projects:

$ 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

Eligibility criteria of the Innovation Guelph — Boundless Startup Program program

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.

Who is eligible?

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.

Who is not eligible

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.

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.

Eligible geographic areas

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.

Eligibility criteria of the Innovation Guelph — Boundless Startup Program program

The Boundless Accelerator™ Startup Program does not have specific evaluation and selection criteria mentioned beyond the stated eligibility criteria.

How to apply to the Innovation Guelph — Boundless Startup Program program

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.

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.

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.

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.

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.

Additional information

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.