Toronto's ecosystem provides many opportunities for early-stage companies. For example, Ontario Centres of Excellence has made over 400 investments, and the DMZ incubator has seen more than 35 of its companies exit.

Founders can find support across various industries, from technology to consumer goods. The programs vary in the resources and capital they provide to new businesses.

Below is our list of the best 29 accelerators and incubators in Toronto.

Failory's Top 10 Picks

The Ontario Centre of Innovation brings together industry, academic, and government partners to help commercialize groundbreaking research and technology. They provide crucial funding and expertise to accelerate development, turning promising ideas into market-ready solutions across the province's key sectors.

Year Founded1987
Founders—
Nº of Investments433
Nº of Exits60
DMZ Logo

2. DMZ

As a world-leading university-based incubator, DMZ helps high-potential tech founders build and scale their businesses. They provide startups with crucial connections to customers, capital, and a community of experts to fuel their success.

Year Founded2010
FoundersSheldon Levy, Hossein Rahnama
Nº of Investments278
Nº of Exits38
Program TypeOn-Site
Duration (Weeks)16

As the Canadian fund for the global 500 Startups network, they provide early-stage companies with $150,000 in seed funding for a 6% stake. This investment vehicle focuses on capital-efficient businesses and financial services startups, giving them the resources and network access needed to grow.

Year Founded2016
FoundersNeha Khera, Sanjay Singhal
Investment Amount$150K USD for 6% equity
Equity Taken6%
Nº of Investments40
Nº of Exits12

BrandProject operates as a team of investors and brand builders, providing early-stage capital and hands-on expertise to launch the next generation of consumer companies. They partner with founders in the consumer product, service, and technology sectors, offering significant investment to accelerate growth and build lasting brands.

Year Founded2013
FoundersAndrew Black, Andrew Bridge, Jay Bhatti
Investment AmountIncubation: $500K-$2M; Pre-seed/Seed acceleration: $750K-$2M
Nº of Investments44
Nº of Exits10

The Ontario Junior Exploration Program fuels early-stage mineral discovery by providing critical funding to junior mining companies. This support helps de-risk exploration projects, encouraging investment and job creation throughout the province.

Year Founded—
Founders—
Nº of Investments8
Nº of Exits8
UTEST Logo

6. UTEST

UTEST specializes in helping research-based startups from the University of Toronto community make the leap from lab to market. They provide early-stage ventures with investment capital, dedicated mentorship, and incubation space to successfully commercialize their intellectual property.

Year Founded2012
Founders—
Nº of Investments82
Nº of Exits7
JOLT Logo

7. JOLT

JOLT accelerates high-potential technology startups by providing the funding and hands-on expertise needed to achieve real-world traction. As a partnership with MaRS Discovery District, the program connects founders with crucial sales, marketing, and investment support.

Year Founded2011
FoundersSusan McGill, Kerri Golden
Nº of Investments21
Nº of Exits5

As part of a global network, Techstars Toronto Accelerator gives regional startups the resources and mentorship needed to scale. Founders participate in an intensive program that provides seed capital and connects them with a worldwide community of entrepreneurs and investors.

Year Founded—
Founders—
Nº of Investments60
Nº of Exits3

As one of Canada's most active seed-stage investors, Graphite Ventures provides capital to early-stage companies in B2B SaaS, fintech, and digital health. Building on the legacy of the MaRS Investment Accelerator Fund, their 'Seeding for Scale' approach has helped scale successful companies including ApplyBoard and Vidyard.

Year Founded2008
Founders—
Nº of Investments28
Nº of Exits2

As a non-profit soft-landing hub, LatAm Startups paves the way for international tech companies to establish a presence in Canada. They specialize in guiding startups from emerging markets through the complexities of scaling into the North American ecosystem.

Year Founded2014
FoundersMiryam Lazarte
Nº of Investments36
Nº of Exits2

19 Additional Toronto Accelerators and Incubators Worth Applying To

Our top picks are a great place to start, but the city's support for founders goes much further. The programs below have collectively backed nearly 300 startups and guided more than 10 to an exit. From fashion tech to brain health, many of these organizations serve specific niches. Here’s a look at the other accelerators and incubators helping founders across Toronto.

Accelerator/IncubatorYear FoundedNº InvestmentsNº Exits
Fashion Zone logo Fashion Zone20131102
CanQbate logo CanQbate2020122
ideaBOOST logo ideaBOOST2012362
Center of Aging and Brain Health Innovation logo Center of Aging and Brain Health Innovation2015521
Highline Beta logo Highline Beta2016221
Dao Foods logo Dao Foods201821
Forbes & Manhattan logo Forbes & Manhattan—11
Safe x Connected Cities Accelerator logo Safe x Connected Cities Accelerator201631
R-LABS Canada logo R-LABS Canada20172—
DMZ Ventures logo DMZ Ventures—10—
Cloud3Ventures logo Cloud3Ventures2014——
Coralus logo Coralus201311—
York Entrepreneurship Development Institute logo York Entrepreneurship Development Institute20136—
HaloHealth logo HaloHealth20205—
GDA Capital logo GDA Capital201917—
UMMAH1 logo UMMAH120213—
BrainStormers logo BrainStormers2017——
New Order logo New Order20213—
Web3 Ventures logo Web3 Ventures20144—