There are several programs for aspiring entrepreneurs in Toronto, but which ones are the best? We’ll be focusing on the School for Social Entrepreneurs and Intertainment Media in this article. There are also programs for international startups that want to set up shop in Canada, including LatAm Startups. The program is a part of the federal government’s Start-up visa program.
School for Social Entrepreneurs
The School for Social Entrepreneurs in Toronto is a great place to start a business if you are interested in starting a socially responsible venture. This incubator helps to develop socially responsible enterprises. It trains people with barriers to employment to help them build their networks and be investment-ready. This Toronto startup incubator offers mentorship and resources to entrepreneurs. These are just some of the services offered by the School for Social Entrepreneurs. For staff hiring, you can get the assistance of any of the best employment lawyer.
The University of Toronto runs the DCSIL business program. The program teaches students business basics and software-specific education. It is designed to help students create social enterprises. Students will be able to develop their own business models and create an app or product, and receive mentorship from industry experts. Quantum Capture and Blue J Legal are some of the portfolio companies that the School has. Rose Intelligence is another.
Founder Institute is a pre-seed accelerator that helps aspiring entrepreneurs create successful businesses by providing $100,000 in seed capital and up to $500k in follow-up capital. It offers an intensive entrepreneurial education program, a dedicated workspace, and a network of mentors and investors. Cohort 20 will be held on November 17th 2021 and will feature the achievements of a select group of Founders.
The Founder Institute was founded in 2008 and has helped over 1,116 entrepreneurs and startups start successful businesses in 55 cities across 6 different continents. The program is comprised of a rigorous four-month curriculum based on best practices from Silicon Valley and is renowned for its high success rate. Many of its graduates have started companies that have raised more than $1 billion in venture capital, and gone on to create multi-billion-dollar businesses.
Intertainment Media is one of the many incubators located in Toronto. This incubator specializes on entertainment media startups. It offers mentorship and free business education. Participants are guided through the process to refine their ideas and create a proof of concept that can be used to attract investors. Its mission is support creative entrepreneurs in entertainment and encourage the growth of creative businesses. Although the incubator’s focus is entertainment, the model is very similar to a traditional business incubator.
Intertainment Media also hosts John Street, Inc., Canada’s most renowned creative agency; Perkopolis, which is a wellness and shopping center; Net Worth Space, which covers Net worths, quotes, and GameTV Corporation, which offers customers the chance to win prizes. The Media Factory offers both workspaces and education.
One of the best startup incubators Toronto is CanQbate. Its mission is to guide 50 founders to develop their ideas into profitable startups for the Canadian market. The program is eight months long and includes investments of up to $350,000 Canadian dollars. Wealthhorse, Travoxi and others have graduated from CanQbate. It also houses a preseed accelerator called Founder Institute Toronto. It helps Indian-origin startups get into seed-stage accelerators. Founder Institute Toronto provides access to Toronto-based experts and mentors for its participants.
The University of Toronto’s Early-Stage Technology Program supports entrepreneurs and startups in Toronto by helping them to grow their businesses. These companies receive mentorship, funding, as well as the structured business-building process offered by the UTEST program. Alumni of the Founder Institute have raised more than $1.5 billion in venture capital. Foresight Canada provides access to an impressive network of investors, mentors, and industry officials.
Parkdale Center for Innovation
The Parkdale Centre for Innovation is a collaborative project between TABA and the Ontario Ministry of Citizenship and Multiculturalism. The initiative aims to support entrepreneurs who are Black, Indigenous, or underrepresented. The Parkdale Centre is committed to promoting economic development and social equity, and will be working with priority neighborhoods throughout Ontario to promote entrepreneurship. The Parkdale Centre has supported many innovative projects to date, including the development a specialized fiber laboratory, a diversified incubator and a number new business start-up. Learn more and start your own business.
The Parkdale Centre for Innovation is a not-for-profit business incubator that focuses on helping diverse entrepreneurs succeed. The program is designed to help bridge the access gap and foster an innovative economy. Canada innovates was founded by the Parkdale Center for Innovation, which RBC has partnered up with. The bank’s investment will help to fund incubator programs that are free for entrepreneurs from underrepresented groups, and it will also continue to develop the platform.