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 2024-09-30T23:59:59Z.

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

Newcomer Entrepreneur Accelerator Program is funded by LatAm Startups

What are Newcomer Entrepreneur Accelerator Program's eligibility criterias?

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.

Newcomer Entrepreneur Accelerator Program

Last Update: March 30, 2025

Canada

Support for technology companies led by newcomer entrepreneurs

Newcomer Entrepreneur Accelerator Program 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

Grant Providers

LatAm Startups

Status

Open

Overview of the Newcomer Entrepreneur Accelerator Program program

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.

Eligible projects & activities

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 criteria of the Newcomer Entrepreneur Accelerator Program program

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

Eligibility criteria of the Newcomer Entrepreneur Accelerator Program program

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 to the Newcomer Entrepreneur Accelerator Program program

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: