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Top 36 Accelerators and Incubators in Ontario in 2024

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If you are looking to start your business in Ontario, 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 36 most popular accelerators and incubators from Ontario.


The 36 Best Accelerators and Incubators in Ontario

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2,189 Accelerators & Incubators

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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) Velocity

Velocity

Velocity is a leading entrepreneurship program at the University of Waterloo that has helped more than 400 companies start and grow.

Details of the startup:

  • Started in: 2008
  • Industries: HealthTech
  • Number of investments: 261
  • Number of exits: 18

You can find their website here.

3) 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.

4) Accelerator Centre

Accelerator Centre

Accelerator Centre is committed to making a community for entrepreneurs that is diverse, fair, and open to people from all walks of life.

Details of the startup:

  • Started in: 2006
  • Industries: Healthcare, Technology
  • Number of investments: 112
  • Number of exits: 6
  • Accelerator Duration (in weeks): 144

You can find their website here.

5) 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.

6) 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.

7) 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.

8) L-SPARK

L-SPARK

The L-SPARK Accelerator is where SaaS and cloud companies that are ready to go to market can meet with SaaS experts from Canada.

Details of the startup:

  • Started in: 2014
  • Founders: Leo Lax
  • Industries: SaaS, Av, IoT, Cyber Security
  • Number of investments: 60
  • Number of exits: 6
  • Accelerator Duration (in weeks): 24

You can find their website here.

9) DigitalCPR

DigitalCPR

DigitalCPR is a company that makes software and runs a creative studio. It also has its own pre-accelerator for startups.

Details of the startup:

  • Founders: Andrew Magdy Kamal
  • Industries: SaaS, Aerospace, Blockchain, eSports, Telecommunications Startups, Social Enterprises, Quantum Computing
  • Number of investments: 39

You can find their website here.

10) Canadian Technology Accelerator

Canadian Technology Accelerator

Canadian Technology Accelerator helps businesses of all sizes do well on international markets and make decisions that are better, faster, and less expensive.

Details of the startup:

  • Started in: 2013
  • Founders: Christine Carr
  • Industries: Cleantech, Information, Communications Technologies, Life Sciences, HealthTech
  • Number of investments: 35
  • Number of exits: 3

You can find their website here.

11) 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.

12) Communitech

Communitech

Communitech was started by people who saw the need for a community of support for Canadian tech. 

Details of the startup:

  • Started in: 1997
  • Founders: Danielle Graham, Tom Jenkins
  • Industries: Technology
  • Number of investments: 13
  • Number of exits: 2

You can find their website here.

13) 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.

14) Startup Canada

Startup Canada

Startup Canada is the most important organisation for entrepreneurs in Canada.

Details of the startup:

  • Started in: 2012
  • Industries: Industry Agnostic
  • Number of investments: 11

You can find their website here.

15) Costarter

Costarter

Costarter helps you get in touch with the resources you need and learn from what other startups have done.

Details of the startup:

  • Industries: Industry Agnostic
  • Number of investments: 11

You can find their website here.

16) ventureLAB

ventureLAB

ventureLAB is the best place in Canada for people who want to start hardware technology and enterprise software businesses.

Details of the startup:

  • Started in: 2011
  • Founders: Melissa M. Chee
  • Industries: Hardware, Software Technologies
  • Number of investments: 10

You can find their website here.

17) 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.

18) Innovation Guelph

Innovation Guelph

Innovation Guelph helps innovative businesses start up, grow, and do well by giving them mentors, programs, and other services.

Details of the startup:

  • Started in: 2010
  • Industries: Industry Agnostic
  • Number of investments: 06

You can find their website here.

19) Bioenterprise Canada

Bioenterprise Canada

Bioenterprise is Canada's Food & Agri-Tech Engine investor.

Details of the startup:

  • Started in: 2003
  • Industries: AgTech, Food, Beverage
  • Number of investments: 06

You can find their website here.

20) 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.

21) 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.

22) The CDMN Soft-Landing Program

The CDMN Soft-Landing Program

CDMN helps bring more digital media solutions to market to create more companies, jobs and wealth in Canada.

Details of the startup:

  • Started in: 2009
  • Industries: Technology, Information Technology, Communications
  • Number of investments: 03

You can find their website here.

23) Invest Ottawa

Invest Ottawa

Invest Ottawa is the leading economic development agency in Ottawa. Its goal is to help the region's knowledge-based institutions and industries become more competitive on a global scale.

Details of the startup:

  • Started in: 1983
  • Industries: Life Science, Cleantech, MedTech, Marketing, Technology, AI, HealthTech, Cyber Security
  • Number of investments: 03

You can find their website here.

24) 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.

25) 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.

26) 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.

27) 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.

28) 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.

29) 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.

30) EPICentre

EPICentre

EPICentre is the centre of all business activities at the University of Windsor.

Details of the startup:

  • Started in: 2014
  • Industries: Industry Agnostic
  • Number of investments: 01

You can find their website here.

31) 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.

32) 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.

33) Shad Valley

Shad Valley

Shad is the best live-in summer enrichment program for high school students with a lot of potential in Canada. The program focuses on STEAM and entrepreneurship.

Details of the startup:

  • Started in: 1980
  • Industries: Science, Technology

You can find their website here.

34) 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.

35) Startup Ottawa

Startup Ottawa

Startup Ottawa brings together the local Startup and Small Business Ecosystems to help them do well.

Details of the startup:

  • Industries: Industry Agnostic

You can find their website here.

36) Canada India Accelerator Program

Canada India Accelerator Program

The Canada-India Acceleration Program (CIAP) is a non-profit program that assists women in building meaningful connections, learning essential skills, and entering new markets to help their businesses develop.

Details of the startup:

  • Industries: Women, Technology

You can find their website here.

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