Introducing the FoundersBoost Startup Pre-Accelerator Program
Applications are now open for the FoundersBoost Startup Pre-Accelerator Program in Toronto.
FoundersBoost is inviting applications for its global pre-accelerator program, which operates locally to support pre-seed stage startups in securing accelerators, investment, and revenue.
The program provides high-quality one-on-one mentorship and access to a large global network to help accepted startups grow.
READ ALSO:2025 University of Calgary Partially Funded Undergraduate
There are no equity requirements or fees, reflecting the program’s commitment to prioritizing entrepreneurs. Local sponsors and dedicated program leaders and mentors make this possible.
At the end of the program, startups may have the opportunity to receive investment from the FoundersBoost Fund, which invests exclusively in FoundersBoost founders who choose to participate.
However, investment is not guaranteed. The FoundersBoost Fund does not require preferential terms for program participation and typically invests between $25,000 and $75,000.
Program Details
Each cohort meets weekly for three hours over a 6-week period, typically from 6 p.m. to 9 p.m. During these sessions, accepted pre-seed and seed-stage startups benefit from top-notch speakers and mentors.
The program concludes with a Demo Day and includes a Global Investor Showcase for additional exposure.
SEE ALSO:TETFUND Ugwumba Enterprise Challenge 2024: Up to N10M
The program is designed to fit into a founder’s part-time schedule, fostering a cycle of accountability and growth that builds on weekly learnings.
Each cohort accepts an average of seven startups to ensure personalized attention for each founder. Startups must be committed to their growth and actively engage in the process to benefit fully from the program.
FoundersBoost Startup Pre-Accelerator Eligibility
They are looking for companies that:
— Operate in Analytics, HR Solutions, Machine Learning (ML), SaaS, Startups, Adtech, Green Technology, Hardware Development, Social Innovation, Cleantech, AgriTech, EdTech, FinTech, Marketplaces, LegalTech, SportsTech, Manufacturing Tech, HealthTech, Logistics Tech, or AI Deployment
— Are located in Toronto, Canada
— May or may not be incorporated
— Are at the prototype stage, have users, or have paying users
— Are at the Angel, Pre-seed, or Seed stage
— May or may not have raised funding
— May or may not be currently raising funds
— May or may not have revenue
READ ALSO:Kent Law School LLM Global Welcome Scholarship 2024 for Developing Countries