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New Ventures BC — Venture Accelerator Program
Distance accelerator for early-stage technology in BC
Last Update: March 4, 2026
Funding available
Varies by project
Timeline
- Open continuously
Location
British Columbia, Canada
Overview
Get one-on-one business coaching, entrepreneurial training and access to exclusive services and resources as you work through the startup process.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop strategic partnerships
- Develop a new product or service
Eligible Funding
- Varies by project
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Information and cultural industries
- Professional, scientific and technical services
- Other services (except public administration)
- Public administration
Location
- British Columbia
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
The Venture Acceleration Program is designed to assist BC-based companies with innovative products or services in the tech sector to advance from ideation through growth stages with the help of tailored mentorship and resources. This includes support for discovering customers, validating markets, and setting business objectives.
- Engagement in Market Validation Training to identify potential customers and validate markets.
- Participation in ideation or pivot strategies to validate products, pricing, and go-to-market strategies.
- Refinement of sales and financing goals as part of achieving product-market fit.
- Development of minimum viable products and strategic plans, such as go-to-market strategies, marketing, and sales techniques.
- Quarterly presentations and reviews to evaluate progress and receive feedback from mentors.
- Preparation for a scale-up accelerator program post-graduation from the Venture Program.
- Access to additional monthly mentorship sessions post-graduation for ongoing strategic planning.
Eligibility
Who is eligible?
The eligibility criteria for the Venture Acceleration Program specify that applicants must be:- Based in British Columbia (BC).- Developing a new and innovative product or service in any tech sector.- Coachable and willing to commit to regular meetings.- In the ideation, early, or growth phase of their business.- Either generating revenue or in a pre-revenue stage.Who is not eligible
There are specific types of companies that are not eligible for this grant. To be eligible, companies must meet the following criteria:
- Not BC-based
- Not developing a new and innovative product or service in any tech sector
- Not coachable or unable to commit to regular meetings
- Not in the ideation, early, or growth phase
- Not generating revenue or pre-revenue
Eligible expenses
The Venture Acceleration Program offers a structured path for technology entrepreneurs to develop their business strategies. The eligible activities are designed to support various stages of business growth through mentorship, training, and resource access.
- Receiving one-on-one mentorship in business strategy, customer discovery, and market identification.
- Participating in market validation training to refine product offerings and go-to-market strategies.
- Setting and working towards quarterly business objectives such as creating Minimum Viable Products, developing marketing strategies, and refining pitches.
- Engaging in quarterly reviews with a panel of experts to gain feedback and guidance for business development.
- Accessing perks such as AWS credits and tools like Hubspot for startups to enhance business operations.
- Receiving post-graduation support including monthly mentorship sessions and strategic planning check-ins.
Eligible geographic areas
This grant is specifically available to companies based in British Columbia, Canada. The eligibility is restricted to businesses operating within the province to support local innovation and growth.
- Companies based in British Columbia.
Additional information
Here are additional relevant details for this program:
- The program provides program perks such as access to AWS credits and Hubspot for startups.
- The program offers different streams based on business needs, including an Ideation Stage or Pivot stream and a Product-Market Fit stream.
- Participants can take advantage of staying part of a connected alumni network with access to further mentorship.
- Graduates of the program are prepared or transitioned for a scale-up accelerator program or set to move forward independently.
- The mentors, known as Executives in Residence, bring decades of experience from various sectors and offer significant strategic support to businesses.
Frequently Asked Questions about the New Ventures BC — Venture Accelerator Program Program
Here are answers to the most common questions about the New Ventures BC — Venture Accelerator 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 New Ventures BC — Venture Accelerator Program?
Get one-on-one business coaching, entrepreneurial training and access to exclusive services and resources as you work through the startup process.
Who is eligible for the New Ventures BC — Venture Accelerator Program program?
To be eligible for the New Ventures BC — Venture Accelerator Program program, you must:
Your company must be BC-based.
Your company should be developing a new and innovative product or service in any tech sector.
Your company must be coachable and able to commit to regular meetings.
What expenses are eligible under New Ventures BC — Venture Accelerator Program?
The Venture Acceleration Program is designed to assist BC-based companies with innovative products or services in the tech sector to advance from ideation through growth stages with the help of tailored mentorship and resources. This includes support for discovering customers, validating markets, and setting business objectives. Engagement in Market Validation Training to identify potential customers and validate markets.
Participation in ideation or pivot strategies to validate products, pricing, and go-to-market strategies.
Refinement of sales and financing goals as part of achieving product-market fit.
Development of minimum viable products and strategic plans, such as go-to-market strategies, marketing, and sales techniques.
Quarterly presentations and reviews to evaluate progress and receive feedback from mentors.
Preparation for a scale-up accelerator program post-graduation from the Venture Program.
Access to additional monthly mentorship sessions post-graduation for ongoing strategic planning.
Who can I contact for more information about the New Ventures BC — Venture Accelerator Program?
You can contact Government of British Columbia (BC).
Where is the New Ventures BC — Venture Accelerator Program available?
The New Ventures BC — Venture Accelerator Program program is available the province of British Columbia.
Is the New Ventures BC — Venture Accelerator Program a grant, loan, or tax credit?
New Ventures BC — Venture Accelerator Program is a Expert Advice
Who are the financial supporters of the New Ventures BC — Venture Accelerator Program?
New Ventures BC — Venture Accelerator Program is funded by Government of British Columbia (BC), New Ventures BC