The Newcomer Entrepreneur Accelerator Program is a six-month accelerator program supported in part by funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). This project is oriented to support 15-20 companies led by newcomer entrepreneurs in Canada. Companies will develop a clear marketing and sales strategy, identify funding opportunities, develop an IP strategy, and develop a structure ready to hire new talent, among other deliverables, to help the company integrate into Canada’s ecosystem and recover in a post-pandemic economy.

This program is expected to run for six months from September 2024 to March 2025.

This program offers:

  • Sales pitch preparation
  • Investment pitch preparation
  • Four designated business coaches
  • One designated industry expert coach
  • Fundamentals of intellectual property
  • Presentation to our local community in Canada
  • Support in planning a customized community event (for companies located in Ontario)
  • Demo Day participation
  • C-fractional executive assigned
  • Marketing and event assistant assigned
  • Business growth lectures
  • Co-working space
  • Alumni referral to Acceleration+ in partnership with TechPlace, Haltech and Innovation Hamilton (for companies located in Ontario)

Criteria:

  • Headquartered in Canada
  • Minimum 50% of the company owned/co-owned by a newcomer (Permanent Resident or Canadian Citizen who has lived in Canada for less than ten years)
  • Demonstrated traction, either through sales, investment, grants or number of users
  • Fewer than 500 employees
  • Companies developing new technologies to pursue IP in Canada
  • This program requires a $500 company contribution for participation.

Project funded by the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).


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