Closed
Business Incubation & Commercialization Grant Program
Funding for Toronto incubation and commercialization programs
Last Update: April 9, 2026
Funding available
$ 100,000
Timeline
- Closing date : November 28, 2025
Location
Toronto, Ontario, Canada
Overview
The City of Toronto program provides up to $100,000 for not-for-profit incubators and entrepreneurship organizations supporting business formation, innovation, and job creation. It funds incubation, acceleration, entrepreneurship programming, and related events through the Programs and Events and Multi-Year Operating streams.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Develop a new program or service
- Increase social or community impact
Eligible Funding
- Maximum amount : 100,000 $
- Up to 50% of project cost
Timeline
- Closing date : November 28, 2025
Eligible candidates
Eligible Industries
- All industries
Location
- Toronto
- Ontario
Legal structures
- Non-profit
Annual revenue
- $ 1,000,000 maximum revenue
Organisation size
- All organization sizes
Audience
- Startups
Non-profit candidates
Sector of operation
- Higher Education
- Economic, Social and Community Development
- Employment and Training
- Business Associations
Target groups
- Business owners / entrepreneurs
- Nonprofits / charities
- Academia / students
Revenue structures
- Mixed revenue (<50% earned)
Scope
- Local
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Incubation programming for new entrepreneurs and startups
- Acceleration programming for business growth and market readiness
- Entrepreneurship and innovation development activities
- Networking events with sectoral or demographic reach
Documents Needed
- Proof of not-for-profit or charitable status
- Board of directors or employee complement information
- Audited financial statements, if required by the stream
- Program curriculum or schedule
- Budget and milestones or deliverables document
Eligibility
Who is eligible?
- Pre-incubators
- Incubators
- Accelerators
- Post-secondary education institutions with campus-led incubators or accelerators
- Industry associations focused on entrepreneurship and sector development
Who is not eligible
- For-profit incubators
- Individual businesses
- Organizations taking equity from supported startups
- Organizations receiving other core funding from the City of Toronto, for the multi-year stream
Eligible expenses
- Eligible costs related to approved programming and events
- Eligible operating costs for multi-year incubation activities
Ineligible Costs and Activities
- Applications from for-profit incubators
- Applications from individual businesses
- Funding for organizations taking equity from supported startups
- New multi-year applications from organizations already receiving other core City of Toronto funding
Eligible geographic areas
- Toronto
Processing and Agreement
- Applications are reviewed and scored by an assessment panel and City staff.
- Funding decisions are made by the General Manager of Economic Development and Culture or designate.
- All eligibility and funding decisions are final and not appealable.
- Successful applicants receive funding after approval and must follow the funding agreement.
Additional information
- Applications are currently closed.
- Successful applicants must publicly acknowledge City of Toronto support in communications and promotional materials.
- Recipients must complete end-of-year reporting on program reach and impacts.
- Information sessions and application notices are promoted through the City’s social media channels.
Contacts
Frequently Asked Questions about the Business Incubation & Commercialization Grant Program Program
Here are answers to the most common questions about the Business Incubation & Commercialization Grant 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 Business Incubation & Commercialization Grant Program?
The City of Toronto program provides up to $100,000 for not-for-profit incubators and entrepreneurship organizations supporting business formation, innovation, and job creation. It funds incubation, acceleration, entrepreneurship programming, and related events through the Programs and Events and Multi-Year Operating streams.
How much funding can be received?
Business Incubation & Commercialization Grant Program Funds up to 50% of admissible expenses, capped at $100,000 per project.
Who is eligible for the Business Incubation & Commercialization Grant Program program?
To be eligible for the Business Incubation & Commercialization Grant Program program, you must:
Not-for-profit or charitable status
Toronto-based entrepreneur support
Robust incubation or acceleration programming
What expenses are eligible under Business Incubation & Commercialization Grant Program?
Incubation programming for new entrepreneurs and startups
Acceleration programming for business growth and market readiness
Entrepreneurship and innovation development activities
Networking events with sectoral or demographic reach
Who can I contact for more information about the Business Incubation & Commercialization Grant Program?
You can contact City of Toronto by email at priti.ruparel@toronto.ca or by phone at 416-395-7474.
Where is the Business Incubation & Commercialization Grant Program available?
The Business Incubation & Commercialization Grant Program program is available the province of Ontario.
Is the Business Incubation & Commercialization Grant Program a grant, loan, or tax credit?
Business Incubation & Commercialization Grant Program is a Grant and Funding