FoundersBoost Startup Pre-Accelerator Program – Toronto 2024

Aug 23, 2024

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Applications are now open for the FoundersBoost Startup Pre-Accelerator Program – Toronto 2024.

FoundersBoost is seeking applications for its global pre-accelerator program, which operates locally and aims to guide pre-seed stage startups to Accelerators, Investment, and Revenue.

The program offers high-quality one-on-one mentorship and a large global network to help accepted startups grow.

The program takes no equity and charges no fees, which is critical to the ethos of putting entrepreneurs first. This is made possible by local sponsors and the hard work of gifted program leaders and mentors.

After the program, startups may receive investment from the program’s partner, FoundersBoost Fund, which invests solely in FoundersBoost founders who opt in.

But to be crystal clear, investment is not guaranteed for being in the program. FoundersBoost Fund will not ask for any preferential terms for being a part of the program and typically makes investments from twenty-five to seventy-five thousand dollars.

Program Details

Each cohort meets one evening weekly for three hours over a 6-week period (typically from 6pm-9pm). Each session brings the best speakers and mentors to work with the promising pre-seed/seed stage startups who get accepted. The program culminates in a Demo Day. Additionally, there is a Global Investor Showcase for all the programs that provides even further exposure for accepted startups.
The program naturally integrates into a founders schedule on a part-time weekly basis to create an iterative cycle of accountability and growth that maximizes and compounds the learnings and insights gained each week. Each program only accepts an average of seven startups, which ensures individual attention can be placed on each founder. As such, they only accept startups who are committed to building their startups and who are ready to participate in the process in order to accelerate their growth.

Eligibility

They are looking for companies:

in Analytics, HR Solutions, Machine Learning (ML), SaaS, Start-ups, Adtech, Green Technology, Hardware Development, Social Innovation, Cleantech, AgriTech, EdTech, FinTech, Marketplaces, LegalTech, SportsTech, Manufacturing Tech, HealthTech, Logistics Tech, AI Deployment;
located in Toronto (Canada);
incorporated or not;
prototype, users or paying users stage;
Angel, Pre-seed or Seed;
have raised funding or not;
currently raising or not raising funds;
have revenue or not;