Investment Accelerator Fund
Overview
If your company is close to commercialization in information technology, health or clean tech, and your addressable market size is $100 million, this capital investment of $500,000 may be for you.
At a glance
Funding available
- Research and experimental development
- Maximum amount : 500,000 $
- Open continuously
Eligible candidates
- Information and cultural industries
- Ontario
- For-profit business
- All revenue ranges
- All organization sizes
- Startups
Activities funded
Eligibility
Who is eligible?
The MaRS IAF grant is designed for innovative technology companies led by ambitious founders who seek early-stage investment to scale their business operations.
- Founders building breakthrough technology companies.
- Companies with a strong technological innovation component.
- Startups positioned in early investment stages seeking financial growth support.
Eligible expenses
There are eligible expenses for this grant. Qualified expenses may include:
- R&D costs
- Prototype development
- Market validation expenses
- Product testing and validation
Eligible geographic areas
The available information does not specify any geographically eligible areas for companies applying for this grant. Therefore, the geographical eligibility remains unclear based on the provided details and generally known context.
Selection criteria
MaRS IAF has specific evaluation and selection criteria for grant applicants. These criteria are:
- Strength of the founding team
- Market opportunity and potential for growth
- Technology innovation and differentiation
- Business model viability
Additional information
Here are additional relevant details for this grant:
- MaRS IAF is known for its extensive network, which includes connections with potential customers, academic institutions, and industry experts, offering strategic advantages to the companies it invests in.
- The MaRS IAF investment team consists of seasoned investors, operators, and builders who provide valuable support and guidance to founders, especially in the early stages of their companies' journeys.
- The track record of MaRS IAF includes a high ratio of follow-on funding, which indicates a successful history of attracting further investments post-initial funding.
- Being a part of the MaRS IAF portfolio could increase the visibility and credibility of a startup within the technology investment community.
