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

L-SPARK Logo

1. L-SPARK

L-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 Founded2014
FoundersLeo Lax
Investment Amount$0 direct investment (no fund)
Equity Taken3% performance-based equity IF funding raised within 18 months (6-month program + 12 months after); 0% if no funding raised
Nº of Investments108
Nº of Exits13
Program TypeOn-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 Founded2013
FoundersChristine Carr
Nº of Investments36
Nº of Exits7

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 Founded1983
Founders
Nº of Investments36
Nº of Exits1

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 Founded1993
Founders
Nº of Investments4
Nº of Exits1

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 Founded2009
Founders
Nº of Investments12
Nº of Exits1

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 Founded2012
FoundersKayla Isabelle
Nº of Investments10
Nº of Exits