ventureLAB's Accelerate AI

Are you interested in getting involved with Accelerate AI? Applications for our next cohort are open from June 15 - July 27, 2022.

Highlights

$7M
Prototype & Testing Lab
50,000
sq. ft. innovation space
3,100
companies supported
4,700+
jobs created by our companies
$200M+
Invested in our Companies

Explore the Program

ventureLAB’s Accelerate AI program is a 6-month program, funded through Scale AI (Canada’s AI Supercluster), to support growing and scaling AI startups offering intelligent solutions and applications in the supply chain industry. Through tailored, streamlined support, participating ventures will accelerate their development and commercialization journeys, receiving support in four key areas:

Based in York Region, Canada’s second-largest tech cluster, Accelerate AI leverages the region’s existing strengths and expertise to further expand Canada’s AI leadership.


KEY BENEFITS

Eligibility

  • The Venture must be Incorporated, based and operating in Canada
  • Focused on applied AI and intelligent supply chain products and/or services
  • Less than two years old
  • Employing fewer than 500 globally (including its affiliates)
  • Venture must be at the validation stage, have developed a minimum viable product (MVP)
  • Is at the efficiency stage, experiencing initial traction in a receptive-enough market to build a business in
  • Able to demonstrate evidence that their technology solves a real problem for an identified market
  • Venture must fall under one of the industry sectors and supply chain categories outlined in the application form



APPLICATION PROCESS

  • Step 1: Fill out the Expression of Interest Form
  • Step 2: Our Program Manager, Accelerate AI will contact you to schedule a review call to discuss the opportunity and better assess fit for the program
  • Step 3: After initial evaluation, companies will be invited to complete the Accelerate AI Application Form for submission (kindly note submission deadline is July 27, 2022)
  • Step 4: All applicants are subject to review and approval by Scale AI. Rolling reviews will take place throughout the application period.
  • Step 5: All candidates will be notified of their application status by September 2022.

Applications for the Accelerate AI program are NOW OPEN until July 27, 2022 at 5 p.m. EST.

Express your interest and see if this program is right for your business.

Get Started

For any questions regarding the application process or eligibility, please contact accelerateai@venturelab.ca.

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Advisors

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Companies in the Program

Partners

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FAQ

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Who is this program best suited for?

This program is best suited for scale-up and later-stage companies focused on applied AI and intelligent supply chain products and/or services.

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Do you charge for these services?

No, we take no equity in your company. Accelerate AI founders get tailored, dedicated guidance to navigate your unique business growth goals. 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.

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Is this program open only to Ontario-based companies?

No, this program accepts applicants from across Canada!

Apply now

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