Newcomer Entrepreneur Accelerator Program
Canada
Support for technology companies led by newcomer entrepreneurs
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
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|opengrant_card_status|closingSoon
grant_single_labels|preview
Access a six-month accelerator program which will offer support to technology companies led by newcomer entrepreneurs to develop a clear marketing and sales strategy, identify funding opportunities, develop an IP strategy, and a structure ready to hire ne
grant_single_labels|projects
grant_single|admissibleProjectsExample
$40,000
Toronto
Develop a mobile app to help immigrants navigate local services in Toronto.
$50,000
Vancouver
Launch an e-commerce platform for local artisans in Vancouver.
$45,000
Halifax
Create an online telehealth service for rural communities in Halifax.
$60,000
Montreal
Establish a co-working space for tech entrepreneurs in Montreal.
$50,000
Calgary
Develop a sustainable energy solution for small businesses in Calgary.
$75,000
Ottawa
Create a virtual reality training program for the construction industry in Ottawa.
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|register
- Step 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.
- Step 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.
- Step 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.
- Step 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.
- Step 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
Newcomer Entrepreneur Accelerator (NEA) Program
Introduction to the Newcomer Entrepreneur Accelerator Program
The Newcomer Entrepreneur Accelerator Program is a 6-month initiative supported by the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP), aiming to assist Canadian technology companies founded by newcomers in their growth and scaling endeavors. The program provides coaching, support in various business aspects, market research, and networking opportunities with investors, offering a comprehensive approach to help these companies succeed.
The NEA Program caters to Canadian technology-based enterprises committed to developing intellectual property, ensuring that at least 50% of the company is owned by new Canadian citizens or permanent residents. With a focus on fostering diverse perspectives, building a supportive network, and providing valuable resources, NEA creates a vibrant community that empowers newcomer entrepreneurs to navigate the entrepreneurial landscape in Canada with confidence and success.
