Newcomer Entrepreneur Accelerator Program

Q: How much funding can be received?

There is no informations about how much funding can be received.

Q: What is the deadline to apply?

The deadline to apply is 2024-09-30T23:59:59Z.

Q: Is the Newcomer Entrepreneur Accelerator Program a grant, loan, or tax credit?

Newcomer Entrepreneur Accelerator Program is a Expert Advice

Q: Who are the financial supporters of the Newcomer Entrepreneur Accelerator Program?

Newcomer Entrepreneur Accelerator Program is funded by LatAm Startups

Q: Who is eligible for the Newcomer Entrepreneur Accelerator Program program?

To be eligible for the Newcomer Entrepreneur Accelerator Program program, you must: • Must be a Canadian technology-based company engaged in the development of intellectual property for their product. • At least 50% of the company must be owned by new Canadian citizens or permanent residents. • Fewer than 500 employees in the company.

Q: Who can I contact for more information about the Newcomer Entrepreneur Accelerator Program?

You can contact LatAm Startups.

Q: Where is the Newcomer Entrepreneur Accelerator Program available?

The Newcomer Entrepreneur Accelerator Program program is available the province of ON.

Q: Are startups eligible for the Newcomer Entrepreneur Accelerator Program program?

Yes, startups are eligible to apply for the Newcomer Entrepreneur Accelerator Program program.

Last Update: July 24, 2025

ON, Canada

Support for technology companies led by newcomer entrepreneurs

At a glance

Eligible Funding

No Condition

Timeline

Open Date : September 1, 2024
Closing date : September 30, 2024

Financing Type

Expert Advice

Eligible Industries

Information and cultural industries
Professional, scientific and technical services

Funds Providers

Unspecified

Program status

Open

Overview

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.

Activities funded

Examples of admissible projects:

$ 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

Eligibility

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.

Who is eligible?

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

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

Selection 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

How to apply

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.

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.

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.

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.

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.

Documents and links

Newcomer Entrepreneur Accelerator Program

Apply to this program

Frequently Asked Questions about the Newcomer Entrepreneur Accelerator Program Program

Here are answers to the most common questions about the Newcomer Entrepreneur 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.