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 Investment Accelerator Fund?

Investment Accelerator Fund is funded by MaRS Discovery District

What are Investment Accelerator Fund's eligibility criterias?

Applicants must be early-stage founders building technology companies. Applicants should demonstrate a strong potential for creating breakthrough technology solutions. Applicants are expected to align with MaRS IAF investment focus and criteria.

Investment Accelerator Fund

Last Update: July 22, 2025

ON, Canada

Seed funding for early-stage technology in Ontario

Investment Accelerator Fund at a glance

Eligible Funding

No Condition

Timeline

Open Date : November 14, 2019

Financing Type

Grant and Funding

Expert Advice

Eligible Industries

Information and cultural industries

Grant Providers

MaRS Discovery District

Status

Open

Overview of the Investment Accelerator Fund program

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.

Eligible projects & activities

Examples of admissible projects:

$ 500,000

Creating an online platform for mental health services nationwide

$ 500,000

Developing AI-driven health monitoring wearable for chronic disease management

$ 500,000

Implementing a clean tech solution for industrial water purification

$ 500,000

Building a solar-powered smart home prototype to reduce carbon footprint

$ 500,000

Developing a cybersecurity solution for protecting small businesses against cyber threats

Eligibility criteria of the Investment Accelerator Fund program

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.

Eligibility criteria of the Investment Accelerator Fund program

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.