Ottawa is a growing center for new companies, particularly in the technology and SaaS sectors. L-SPARK, a key player in the area, has made over 100 investments in local startups.
Other programs like Invest Ottawa also support dozens of early-stage businesses. The city offers a variety of options for founders looking for support.
Below is our list of the best 6 accelerators and incubators in Ottawa.
Failory's Top 6 Picks
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2,189 Accelerators & Incubators
Information about the industries, countries, and cities they generally invest in.
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1,600+ Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
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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 $50L-SPARK accelerates the growth of market-ready SaaS and cloud companies by connecting them with Canada's leading SaaS experts. Instead of direct funding, the program provides intensive mentorship and resources, taking a small equity stake only if a startup successfully raises capital.
| 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 |
The Canadian Technology Accelerator prepares high-potential domestic firms for global expansion through a government-backed business development program. It offers crucial market entry support and resources for companies in growing sectors like cleantech, life sciences, and information technology.
| Year Founded | 2013 |
| Founders | Christine Carr |
| Nº of Investments | 36 |
| Nº of Exits | 7 |
Invest Ottawa fuels the city's entrepreneurial ecosystem by delivering programs and services that help startups and established firms launch, grow, and scale. They focus on knowledge-based sectors including SaaS, cleantech, and life sciences to establish Ottawa as an innovative, future-ready global city.
| Year Founded | 1983 |
| Founders | — |
| Nº of Investments | 36 |
| Nº of Exits | 1 |
The Automotive Supplier Innovation Program helps Canadian automotive suppliers gain a competitive edge by providing non-repayable funding for research and development. This government-backed support enables companies to create innovative products and processes, securing their position in the market.
| Year Founded | 1993 |
| Founders | — |
| Nº of Investments | 4 |
| Nº of Exits | 1 |
The Canadian Technology Accelerator provides a vital bridge for high-growth Canadian tech companies to enter the Silicon Valley ecosystem. This government-backed initiative connects them with unique resources and strategic partnerships to accelerate their growth in the US market.
| Year Founded | 2009 |
| Founders | — |
| Nº of Investments | 12 |
| Nº of Exits | 1 |
Startup Canada champions the country's entrepreneurial spirit by connecting founders to a national grassroots network of resources and support. They focus on building a robust and competitive ecosystem, providing training, community, and a unified voice for entrepreneurs across the nation.
| Year Founded | 2012 |
| Founders | Kayla Isabelle |
| Nº of Investments | 10 |
| Nº of Exits | — |