Newcomer Entrepreneur Accelerator Program
grant_single|update March 30, 2025
Canada
Support for technology companies led by newcomer entrepreneurs
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDate September 1, 2024
- grant_single|closingDate September 30, 2024
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- Information and cultural industries
- Professional, scientific and technical services
grant_single|grantors
- LatAm Startups
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Newcomer Entrepreneur Accelerator Program, partially funded by the National Research Council of Canada IRAP, is a six-month initiative designed to support Canadian technology firms founded by newcomers in developing and scaling their intellectual property. Eligible activities include business coaching, talent acquisition, market research, investment readiness, and networking opportunities, with a program fee of 750 CAD plus tax.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$ 40,000
Develop a mobile app to help immigrants navigate local services
$ 45,000
Create an online telehealth service for rural communities
$ 60,000
Establish a co-working space for tech entrepreneurs
$ 50,000
Develop a sustainable energy solution for small businesses
$ 75,000
Create a virtual reality training program for the construction industry
$ 50,000
Launch an e-commerce platform for local artisans
grant_single_labels|admissibility
The eligibility criteria for the Newcomer Entrepreneur Accelerator (NEA) Program are as follows:
- Canadian technology-based company engaged in the development of intellectual property for their product.
- Have demonstrated traction, either through sales, prior investments and grants, or user growth, contingent on the industry.
- Minimum 50% of the company owned by new Canadian citizen(s) or permanent resident(s).
- Fewer than 500 employees.
grant_eligibility_criteria|who_can_apply
Canadian technology-based companies engaged in the development of intellectual property for their products are eligible for this grant. The company must have demonstrated traction through sales, prior investments and grants, or user growth, with at least 50% ownership by new Canadian citizens or permanent residents and fewer than 500 employees.
- Canadian technology-based company
- Engaged in the development of intellectual property
- Demonstrated traction through sales, prior investments and grants, or user growth
- Minimum 50% ownership by new Canadian citizens or permanent residents
- Fewer than 500 employees
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include:
- Costs related to technology development and intellectual property
- Talent acquisition and team building expenses
- Accounting and corporate tax costs
- Sales growth initiatives in North America
- Market research and focus group expenses
- Marketing and event planning support
- Investment Readiness Program participation and Demo Day expenses
grant_single_labels|criteria
Evaluation and selection criteria for the Newcomer Entrepreneur Accelerator (NEA) Program:
- Demonstrated traction through sales, prior investments and grants, or user growth
- Minimum 50% ownership by new Canadian citizen(s) or permanent resident(s)
- Engaged in the development of intellectual property
- Canadian technology-based company with fewer than 500 employees
grant_single_labels|apply
1
Ensure your company aligns with the eligibility criteria:
- Must be a Canadian technology-based company with a focus on developing intellectual property.
- Have demonstrated traction through sales, prior investments and grants, or user growth.
- At least 50% ownership by new Canadian citizen(s) or permanent resident(s).
- Employ fewer than 500 individuals.
2
Understand what the program offers and expects from you:
- 1:1 coaching from industry professionals.
- Support in talent acquisition, accounting, and sales growth in North America.
- Participation in an Investment Readiness Program and Demo Day.
- Exposure to the community through events and webinars.
3
Complete your application with business information:
- Ensure you have a business English proficiency level.
- Compile all necessary company details and complete the application, which takes about 20 minutes.
4
Note the program's annual cycle:
- This program runs once a year with the next cohort starting in September 2024.
- Check for any specific deadlines related to the application process.
5
Prepare the program fee and complete the application:
- Make sure you have the required program fee of 500 CAD + tax ready.
- Submit your application within the specified timeline.
Apply to this program
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