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Top 20 Accelerators and Incubators in Toronto in 2024

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If you are looking to start your business in Toronto, it is never a bad idea to join an accelerator or incubator.

These organizations are designed to help startup businesses by providing them with office space, advice and access to potential partners, investors, and customers.

In this article, we have collected the 20 most popular accelerators and incubators from Toronto.


The 20 Best Accelerators and Incubators in Toronto

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2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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FinTech Investors
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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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BioTech & Health Investors
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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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AI Investors
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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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1) NEXT Canada

NEXT Canada

NEXT Canada is a national, non-profit organisation that trains talented people to start world-class businesses and get more people to use technology.

Details of the startup:

  • Started in: 2010
  • Founders: Ajay Agrawal, Claudia Hepburn, Reza Satchu, Tim Hodgson
  • Industries: Industry Agnostic
  • Number of investments: 316
  • Number of exits: 16

You can find their website here.

2) DMZ

DMZ

DMZ is a startup incubator at Toronto Metropolitan University that is one of the best in the world. 

Details of the startup:

  • Started in: 2010
  • Founders: Hossein Rahnama, Sheldon Levy
  • Industries: Technology
  • Number of investments: 256
  • Number of exits: 26
  • Accelerator Duration (in weeks): 16

You can find their website here.

3) NextAI

NextAI

NEXT Canada is a national, non-profit organisation that trains talented entrepreneurs to start world-class businesses and get more people to use technology.

Details of the startup:

  • Started in: 2016
  • Founders: Ajay Agrawal
  • Industries: Technology
  • Number of investments: 89
  • Accelerator Duration (in weeks): 27

You can find their website here.

4) UTEST

UTEST

The University of Toronto Early Stage Technology (UTEST) Program helps entrepreneurs at the University of Toronto turn their cutting-edge research into businesses.

Details of the startup:

  • Industries: Industry Agnostic
  • Number of investments: 83
  • Number of exits: 4

You can find their website here.

5) Extreme Venture Partners

Extreme Venture Partners

Extreme Venture Partners (EVP) is one of Canada’s most successful venture capital funds over the past decade.

Details of the startup:

  • Started in: 2007
  • Founders: Imran Bashir, Ken Teslia, Ray Sharma, Sunil Sharma
  • Industries: Internet, Mobile Applications, Cloud, AI
  • Number of investments: 72
  • Number of exits: 14

You can find their website here.

6) Techstars Toronto Accelerator

Techstars Toronto Accelerator

The Toronto regional startup ecosystem is full of innovation, mentors, capital, and talent.

Details of the startup:

  • Started in: 2006
  • Industries: Industry Agnostic
  • Number of investments: 46
  • Number of exits: 3
  • Accelerator Duration (in weeks): 13

You can find their website here.

7) LatAm Startups

LatAm Startups

LatAm Startups is a non-profit accelerator in Toronto that only works with international startups and newcomers based in Canada.

Details of the startup:

  • Started in: 2014
  • Founders: Miryam Lazarte
  • Industries: Industry Agnostic
  • Number of investments: 35
  • Number of exits: 1

You can find their website here.

8) Highline Beta

Highline Beta

Highline Beta is a hybrid corporate venture studio and VC firm that evolves the traditional management consulting model to put things into action, not just strategize in the clouds.

Details of the startup:

  • Started in: 2016
  • Founders: Benjamin Yoskovitz, Marcus Daniels
  • Industries: Insurance Tech, Health, FinTech, Retail, Consumer Packaged Goods, FoodTech, Media, Entertainment
  • Number of investments: 11

You can find their website here.

9) SheEO

SheEO

SheEO is a non-profit organisation in Ontario that helps women business owners with their finances.

Details of the startup:

  • Started in: 2013
  • Founders: Vicki Saunders
  • Industries: Industry Agnostic
  • Number of investments: 09

You can find their website here.

10) York Entrepreneurship Development Institute

York Entrepreneurship Development Institute

York Entrepreneurship Development Institute is a nonprofit organisation whose goal is to help innovative entrepreneurs from any sector or industry build and grow successful businesses and efficient non-profits.

Details of the startup:

  • Started in: 2013
  • Industries: Industry Agnostic
  • Number of investments: 04
  • Accelerator Duration (in weeks): 15

You can find their website here.

11) The Narwhal Project

The Narwhal Project

The Narwhal Project was started to find out what makes world-class technology companies grow and thrive.

Details of the startup:

  • Started in: 2018
  • Founders: Charles Plant
  • Industries: HealthTech
  • Number of investments: 04

You can find their website here.

12) Safe x Connected Cities Accelerator

Safe x Connected Cities Accelerator

Highline Beta is a combination of a corporate venture studio and a venture capital firm. It improves on the traditional management consulting model so that things can be done instead of just planned.

Details of the startup:

  • Industries: Road Safety, Data
  • Number of investments: 03
  • Accelerator Duration (in weeks): 24

You can find their website here.

13) Social Ventures Zone

Social Ventures Zone

The Social Ventures Zone is where social innovators reside, as Canada's most entrepreneurial university's hub.

Details of the startup:

  • Industries: Industry Agnostic
  • Number of investments: 02

You can find their website here.

14) Toronto Fashion Incubator

Toronto Fashion Incubator

The Toronto Fashion Incubator helps new fashion business owners become successful by teaching them how to run a fashion business.

Details of the startup:

  • Started in: 1987
  • Industries: Fashion
  • Number of investments: 02

You can find their website here.

15) R-LABS Canada Inc.

R-LABS Canada Inc.

R-LABS Canada helps creates new companies that solve big problems in the real estate industry.

Details of the startup:

  • Started in: 2017
  • Founders: George Carras
  • Industries: Real Estate, Housing Industry
  • Number of investments: 01

You can find their website here.

16) INcubes

INcubes

INcubes is an accelerator in Toronto that works with new entrepreneurs and talented startup teams to build strong businesses.

Details of the startup:

  • Started in: 2010
  • Founders: Ben Zlotnick
  • Industries: Industry Agnostic
  • Number of investments: 01

You can find their website here.

17) Climate Ventures

Climate Ventures

Climate Ventures helps entrepreneurs and innovators in their early stages find and implement solutions to the climate crisis more quickly.

Details of the startup:

  • Started in: 2017
  • Industries: Cleantech
  • Number of investments: 01

You can find their website here.

18) Berkshire International Finance, Inc.

Berkshire International Finance, Inc.

Berkshire International Finance, Inc. is a Corporate Finance/Business Consulting firm based in Toronto, Ontario.

Details of the startup:

  • Started in: 1992
  • Founders: John Figliolini
  • Industries: Medical, Technology, Space

You can find their website here.

19) Prodigy Ventures Inc.

Prodigy Ventures Inc.

Prodigy Ventures is an innovation company and a chance to invest in new technologies at an early stage.

Details of the startup:

  • Started in: 2015
  • Founders: Tom Beckerman
  • Industries: Mobile Video, Wearables, AR, 3D

You can find their website here.

20) Public Incubator

Public Incubator

Public Incubator is a "no-barrier" business incubation platform for new entrepreneurs who want to start from scratch and build a successful business.

Details of the startup:

  • Started in: 2019
  • Founders: Ratna Chourasia, Sanjiv Chourasia
  • Industries: Industry Agnostic

You can find their website here.

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