Canada's startup ecosystem is supported by a wide network of accelerators and incubators. Programs like Ontario Centres of Excellence have made over 400 investments, while DMZ has seen nearly 40 exits from its portfolio.
These organizations provide critical resources for early-stage companies across the country.
Below is our list of the best 106 accelerators and incubators in Canada.
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
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250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50By connecting industry, academia, and government, Ontario Centres of Excellence helps commercialize cutting-edge research and strengthen the province's economy. They offer funding, resources, and acceleration programs to a wide range of innovators, from students and researchers to startups and established companies.
| Year Founded | 1987 |
| Founders | — |
| Nº of Investments | 433 |
| Nº of Exits | 60 |
From its home at Toronto Metropolitan University, the world-leading DMZ incubator helps high-potential tech founders build and scale their businesses. They provide a powerful network and expert mentorship to fuel the success of startups across sectors like FinTech and HealthTech, including alumni like Sampler and Figure 1.
| Year Founded | 2010 |
| Founders | Sheldon Levy, Hossein Rahnama |
| Nº of Investments | 278 |
| Nº of Exits | 38 |
| Program Type | On-Site |
| Duration (Weeks) | 16 |
FounderFuel provides intensive, mentor-driven guidance to help early-stage tech startups navigate the venture path. The program equips founders with $120K CAD in funding and hands-on support designed to accelerate progress and secure future venture capital.
| Year Founded | 2010 |
| Founders | Ian Jeffrey, Jean-Sebastian Cournoyer, John Stokes, Alan MacIntosh, Marc Lennox |
| Investment Amount | $120K CAD total: $20K for 5% common shares + $100K SAFE ($3.5M cap, 20% discount) |
| Equity Taken | 5% + SAFE |
| Nº of Investments | 101 |
| Nº of Exits | 18 |
| Program Type | On-Site |
| Duration (Weeks) | 16 |
L-SPARK accelerates promising Canadian B2B SaaS startups by connecting them with a deep network of industry experts. The program provides intensive mentorship to prepare founders for fundraising, operating on a unique performance-based equity model.
| Year Founded | 2014 |
| Founders | Leo Lax |
| Investment Amount | $0 direct investment (no fund) |
| Equity Taken | 3% performance-based equity IF funding raised within 18 months (6-month program + 12 months after); 0% if no funding raised |
| Nº of Investments | 108 |
| Nº of Exits | 13 |
| Program Type | On-Site |
| Duration (Weeks) | 24 |
As the Canadian arm of the global 500 Startups venture fund, they invest in promising early-stage companies across the country. They provide founders with seed funding and connect them to a world-class network of mentors to help build capital-efficient businesses.
| Year Founded | 2016 |
| Founders | Neha Khera, Sanjay Singhal |
| Investment Amount | $150K USD for 6% equity |
| Equity Taken | 6% |
| Nº of Investments | 40 |
| Nº of Exits | 12 |
East Valley Ventures champions early-stage entrepreneurs, primarily in the ICT and financial services sectors, helping them transform initial ideas into thriving businesses. By fostering a strong community of innovators, they provide the venture capital and support necessary for startups to scale and achieve successful exits.
| Year Founded | 2011 |
| Founders | Robert Justason, Gerry Pond, Robert Neal |
| Nº of Investments | 49 |
| Nº of Exits | 12 |
BrandProject provides early-stage capital and hands-on operational support to help founders build the next wave of breakout consumer brands. Their track record includes helping launch notable companies like Daily Harvest and Freshly, combining significant investment with deep brand-building expertise.
| Year Founded | 2013 |
| Founders | Andrew Black, Andrew Bridge, Jay Bhatti |
| Investment Amount | Incubation: $500K-$2M; Pre-seed/Seed acceleration: $750K-$2M |
| Nº of Investments | 44 |
| Nº of Exits | 10 |
The Accelerator Centre provides a network of facilities dedicated to developing and commercializing technology startups in fields ranging from AI to advanced manufacturing. Founders receive one-on-one mentorship and substantial in-kind resources to help them successfully bring their products to market.
| Year Founded | 2006 |
| Founders | — |
| Investment Amount | Aerospace Program: up to $600K in-kind tools/services |
| Nº of Investments | 211 |
| Nº of Exits | 9 |
| Program Type | On-Site |
| Duration (Weeks) | 144 |
AQC Capital provides co-investment capital to members of the Anges Québec network, amplifying their ability to fund innovative startups across Quebec. This unique model increases the investment capacity of angel investors, fueling the growth of a portfolio that includes successful companies like telehealth provider Dialogue.
| Year Founded | 2012 |
| Founders | Serge Beauchemin |
| Nº of Investments | 92 |
| Nº of Exits | 8 |
Capital régional et cooperatif Desjardins champions Quebec's economic development by providing venture capital to promising local companies. The fund focuses on strategic investments that strengthen regional entrepreneurship and drive the long-term success of the province's vital industries.
| Year Founded | — |
| Founders | — |
| Nº of Investments | 29 |
| Nº of Exits | 8 |
96 Additional Canada Accelerators and Incubators Worth Applying To
While our top picks get a lot of attention, they're just one part of a much bigger story. Plenty of other programs are quietly helping founders build great companies all across Canada.
The accelerators and incubators below have backed over 2,000 startups and helped more than 130 of them reach an exit. Here’s a look at the other programs supporting founders throughout the country.