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Innovation Guelph — Rhyze Ventures Program
National accelerator for women-led scale-ups
Last Update: April 28, 2026
Funding available
$ 5,000 - $ 10,000
Timeline
- Open continuously
Location
Guelph, Ontario, Canada
Overview
A national accelerator for women-founded or co-founded companies ready to scale. It combines mentorship, project implementation, leadership coaching, and education, with support for eligible business scale-up projects.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Improve governance or administrative structure
- Develop strategic partnerships
- Develop workforce skills
Eligible Funding
- Maximum amount : 10,000 $
- Minimum amount : 5,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Guelph
- Ontario
Legal structures
- For-profit business
Annual revenue
- $ 200,000 minimum revenue
Organisation size
- 500 employees maximum
Audience
- 2SLGBTQI+
- Startups
- Women
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business scale-up and growth projects.
- Discovery phase to identify growth options.
- Traction phase projects tackling key business challenges.
- Leadership coaching to support company growth.
Eligibility
Who is eligible?
- Women-led or women-owned businesses.
- Nonbinary-led or nonbinary-owned businesses.
- Incorporated companies in Canada.
Who is not eligible
- Consultants.
- Solo entrepreneurs with local service or retail outlets.
- Businesses unable or unwilling to scale.
Eligible expenses
The Rhyze® Up! program offers structured phases for business development, focusing on mentorship, project funding, and leadership coaching to support women-led companies in scaling their business operations. Entrepreneurs will benefit from guided growth strategies and collaboration with industry experts.
- Receive up to 15 hours of mentorship during the Discovery Phase to identify growth options for the company.
- Access funding and collaborate with industry specialists in the Traction Phase to tackle key growth challenges.
- Participate in fully funded one-on-one Leadership Coaching sessions throughout the program.
Eligible geographic areas
- Canada.
Processing and Agreement
- Applications are reviewed by Boundless Accelerator.
- Only qualified applicants are selected for the program.
- Not all applicants are accepted.
- Selected applicants are contacted within two business days.
Additional information
Here are additional relevant details for this grant:
- The Rhyze® Up! program's support is provided in part by the National Research Council Canada Industrial Research Assistance Program (NRC IRAP).
- The program is designed for companies that are beyond the initial startup phase and are ready to scale.
- The program emphasizes commitment to equity, diversity, and inclusion (EDI) in its approach and language.
Frequently Asked Questions about the Innovation Guelph — Rhyze Ventures Program Program
Here are answers to the most common questions about the Innovation Guelph — Rhyze Ventures Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Innovation Guelph — Rhyze Ventures Program?
A national accelerator for women-founded or co-founded companies ready to scale. It combines mentorship, project implementation, leadership coaching, and education, with support for eligible business scale-up projects.
How much funding can be received?
Innovation Guelph — Rhyze Ventures Program Funds up to $10,000 of admissible expenses.
Who is eligible for the Innovation Guelph — Rhyze Ventures Program program?
To be eligible for the Innovation Guelph — Rhyze Ventures Program program, you must:
Women-led or women-owned business.
Incorporated in Canada.
At least $200,000 ARR.
What expenses are eligible under Innovation Guelph — Rhyze Ventures Program?
Business scale-up and growth projects.
Discovery phase to identify growth options.
Traction phase projects tackling key business challenges.
Leadership coaching to support company growth.
Where is the Innovation Guelph — Rhyze Ventures Program available?
The Innovation Guelph — Rhyze Ventures Program program is available the province of Ontario.
Is the Innovation Guelph — Rhyze Ventures Program a grant, loan, or tax credit?
Innovation Guelph — Rhyze Ventures Program is a Other Support
Who are the financial supporters of the Innovation Guelph — Rhyze Ventures Program?
Innovation Guelph — Rhyze Ventures Program is funded by Innovation Guelph