About this Program
The Newcomer Entrepreneur Accelerator Program is a six-month accelerator program, which is supported in part by funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP), is expected to run from September 2021 to March 2022 for five companies led by newcomer entrepreneurs. They 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.
This project is oriented to support 5 companies led by newcomers in Canada. The main purpose of the program is to accelerate their integration in the ecosystem, increase sales and funding, and have a good structure to hire new talent, putting them in a
better position to strategically grow and recover in a post-pandemic economy.
• Headquartered in Canada
• Minimum 50% of the company is owned/co-owned by a newcomer (Permanent Resident or Canadian Citizen that has lived in Canada for less than ten years)
• Minimum annual revenue of $50,000
• Less than 500 employees
• Companies developing new technologies to pursue IP in Canada
- Funds up to $0 per team
- Takes up to 0.0% equity
- Accepts 5 companies
Agriculture, Biotechnology, Clean Technology, Digital Marketing, Fintech