A place for growing teams

ventureLAB™ is so much more than just a coworking space, providing a hybrid offer of membership options to build your company and a community tailored to support high tech companies. Whether virtually or in-person, the ventureLAB Innovation Space is the community to grow your venture.
Tech hub for semiconductor companies in Canada.

Interested in joining our community?

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COMMUNITY OF TECH ENTREPRENEURS

Join a tight knit innovation community of entrepreneurs, innovators, and industry leaders. Take part in events, workshops, and potlucks, and bounce ideas off of fellow members.

WORKSPACE FOR GROWING TEAMS

We welcome tech startups looking to transition out of isolated work environments and become part of an innovation cluster in hardware, MedTech, and enterprise software.

GREAT LOCATION

Conveniently located in the city of Markham, with a satellite location in Vaughan, and just 20 minutes north of downtown Toronto, in Canada’s second-largest tech cluster. Minutes from the highway.

Photograph of the atrium in ventureLAB's innovation space.
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Discover the Benefits

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$11M
Prototype & Testing Labs
50,000
Sq. FT. INNOVATION SPACE
4,000+
Companies Supported
6,800+
Jobs created by Our Companies
$420M+
Invested in our Companies

World-Class Protoyping & Testing Lab

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A a member of the Space Community, you can test your product in a real-working environment, showcase your product onsite, and access a $7 million prototyping and testing lab at a discounted price.

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Membership Options

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Flex Teams

$150/month

This membership option is designed for hybrid teams.

  • Access to ventureLAB's 50,000 sq.ft Innovation Space in Markham location for desk space on a first come, first served basis
  • 2 access badges per membership
  • Professional business mailing address
  • Business amenities
  • Access to conference rooms at a discounted rate
  • Access to ventureLAB’s Vaughan location hot desks

Dedicated Workspace

$333/month/desk

This membership option is designed for teams of 1 to 2 people.

  • Dedicated single desk in open atrium or shared office at ventureLAB's 50,000 sq. ft. Innovation Space in Markham
  • Professional business mailing address
  • Business and additional amenities
  • Lockable storage
  • Company branding

Team Pods

$300/desk/month

This membership option in designed for teams of 3 to 6 people.

  • Three or more dedicated single desks in open atrium or shared office at ventureLAB's 50,000 sq. ft. Innovation Space in Markham
  • Professional business mailing address
  • Business and additional amenities
  • Lockable storage
  • Company branding

Private Offices

Pricing varies

This membership option is designed for teams of 2-20 people.

  • Private team office at ventureLAB's 50,000 sq. ft. Innovation Space in Markham
  • 150 to 1,500 sq. ft. office space
  • Professional business mailing address
  • Business and additional amenities
  • Lockable enclosed space
  • Company branding
  • Listing in corporate directory
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Looking to Rent Event Space

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ventureLAB’s Innovation Space has a variety of meeting and event rooms available for single or multi-day use. Rooms are ideally suited for board meetings, workshops, seminars, large scale events, and networking. Room capacity and availability is dependent on COVID-19 policies and procedures.

As an Innovation Space tenant, meeting rooms* are available free of charge (up to 40 hours per month) or to Innovation Hub members at a discounted rate. The Innovation Space is also available for public access.

*IBM Auditorium not included.

Photograph of a meeting room in ventureLAB's innovation space.

Meeting Room

Photograph of meeting room in ventureLAB's innovation space.

Board Room

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Space

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Benefits & Perks

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Elevate your brand and visibility to the tech community. Some of our partners extend special offerings to our members:

Testimonials

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“ventureLAB offers something that other accelerators don’t give to founders. They take a one-on-one approach, providing the tools and advisors that are specific to our challenges.”

Keren Moynihan, CEO and Co-Founder, Boss Insights

“ventureLAB has been critical to our growth. The mentors and advisors are top notch professionals and are available to you at every increment of your growth. We are grateful to have the opportunity to build our business inside IBM Innovation Space with the Venturelab community support.”

Anne Genge, CEO, Alexio Corporation

"ventureLAB is the only innovation hub that gives B2B tech companies startup-friendly access to a top-tier facility in the GTA. Having access to a professional office space and meetings rooms makes it that much easier to convert enterprise customers."

Karen Wong, Founder & CEO, ACE POS Solutions

FAQ

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What type of companies do you help?

We work with innovative growth and scale-stage hardware or enterprise software companies with some market traction. Your company needs to be incorporated in Canada and have a business (CRA) number. Most importantly, you must be coachable!

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How do I join ventureLAB?

Apply to work with ventureLAB by filling in the form on our Apply page. Each year, we select over 100 ventures to join our diverse hub of founders. By working with ventureLAB, you’ll gain access to our initiatives focused on four pillars critical for any scaling company: raising capital, talent retention, commercializing technology and IP, and customer acquisition.

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Do you charge for services?

We take no equity in your company. Founders join small cohort sizes — meaning you get tailored, dedicated guidance to navigate your unique business challenges. You’ll develop relationships in a growing global community of mentors, investors, partners, manufacturers, supply chains, and fellow entrepreneurs, critical to the growth and scaling of your business.

Interested in joining our community?

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