Accelerator

By mmuise
Description:

Since 2015, Venturepark Labs has delivered Canada's top accelerator program for consumer products. Over four months, Venturepark Labs' experts help their alumni scale. Entrepreneurs gain insights from industry leaders and access to Canada's business growth ecosystem, Venturepark. The Park provides connections to investment capital and skilled brand builders.


Comments on Funding:

No direct funding involved.

Throughout the program there are opportunities to network with the Venture Capital Fund and applicants will be able to pitch their products for investment. Accelerator companies are not guaranteed to receive investment, but Venturepark Labs specializes in helping entrepreneurs to develop their strategy and growth plans for when they actively apply for investment.
Near the end of the five-month program, graduates of the accelerator program participate in Demo Day, where they pitch their product to Canada’s top industry leaders and investors.

Deadline: Currently accepting applications
Eligibility:
  • Applicants must be consumer-packaged good companies that have one or more products in the food and beverage and health and wellness space.
  • Venturepark Labs requires demonstrated sales and will review the scalability of the company in their initial stages of growth.
Application Steps:

1. Applicants must complete and submit the online Accelerator application form and the supporting documentation.

2. After the application is submitted, a Program Manager will review it and contact the applicant if its company is deemed a suitable fit for the accelerator. Venturepark Labs' goal is to notify the final group of companies that are accepted within 8-12 weeks of the cohort launch.

Documentation Needed:

Applicants must include in their application their company logo and a photo of their product.

Other Things to Note:

Applications are open for their 17th cohort (Fall 2024).
Venturepark Labs reviews applications year-round and acceptance is made on a rolling basis. The accelerator is delivered in fall and spring cohorts. The program is accessible and delivered remotely.

Venturepark Labs is also committed to principles of equity, anti-racism, and anti-oppression and strongly encourage members of Indigenous, Black, and racialized communities; people with disabilities; people identifying as LGBTQIA2S+; and women to apply.

About the author
mmuise