Startup accelerators and incubators in Toronto

  • 7 organizations
  • 2 cities
  • Oct 2026 last checked

Ontario, where Toronto is the main hub, raised $4.6 billion across 247 venture deals in 2025, the most of any province. In the first quarter of 2025, Toronto companies took 57% of Canadian venture capital, raising $703 million of $1.23 billion.

Sources: BetaKit, reporting CVCA 2025 market overview, February 2026 · Consulting.ca, reporting CPE Media Q1 2025 data, May 2025

Startup Genome's 2025 ranking placed Toronto-Waterloo 20th globally, down from 18th a year earlier. Its report named funding as the area where the region scored lowest.

Sources: BetaKit, reporting Startup Genome Global Startup Ecosystem Report 2025, June 2025

7 of 7 shown

  • Creative Destruction Lab

    Toronto · Also in Vancouver, Calgary, Montreal, Halifax

    Accelerator University / research

    Nonprofit program for seed-stage science and technology companies with full-day mentor sessions every eight weeks, organized by sector stream and run in Canadian and international cities.

    Run by
    University of Toronto Rotman School of Management

    AILife sciencesClimate & energyQuantumSpaceHealthtechFood & agricultureIndustry & manufacturingLogistics

  • DMZ

    Toronto

    IncubatorAccelerator University / research

    Toronto Metropolitan University's startup hub runs an 18-month incubator and a 9-month pre-incubator, plus partner accelerators in housing, travel and education technology.

    Run by
    Toronto Metropolitan University
    Duration
    Incubator 18 months; Pre-Incubator 9 months
    Equity
    2.5% equity in common shares for the Incubator

    Education

  • MaRS Discovery District

    Toronto

    IncubatorAccelerator Independent

    Toronto innovation hub offering startups and scale-ups commercialization support, capital connections and cohort accelerators such as the RBC Women in Cleantech Accelerator and the Global Incubator Program.

    Duration
    RBC Women in Cleantech Accelerator: two years

    HealthtechClimate & energyAI

  • NEXT Canada

    Toronto · Also in Montreal

    Accelerator Independent

    Nonprofit running NEXT 36 for student and recent graduate founders, NEXT Founders and NEXT AI for AI-enabled ventures, with mentorship, education and office space in Toronto and a Montreal or remote track.

    Duration
    NEXT AI cohort runs March to August (Toronto) or March to September (Montreal)

    AI

  • Spring

    Vancouver · Also in Toronto

    Accelerator Independent

    Impact-focused organization connecting Canadian founders and purpose-driven investors, running virtual Scale Ready cohorts in spring and summer plus climate innovation pitch finales.

    Social impactClimate & energy

  • University of Toronto Entrepreneurship

    Toronto

    Founder center University / research

    Umbrella site for University of Toronto's founder programs, listing thirteen accelerators and incubators such as The Hatchery, ICUBE, Health Innovation Hub, SpinUp and BioLabs, plus the ONRamp coworking space.

    Run by
    University of Toronto

    Life sciencesHealthtechEducation

  • YSpace

    Toronto · Also in Markham, Georgina

    Founder centerIncubatorAccelerator University / research

    York University's entrepreneurship hub runs incubation and accelerator programs including a Food and Beverage Accelerator, a Smart Mobility Tech Accelerator and the Venture Catalyst, with hubs in Toronto, Markham and Georgina.

    Run by
    York University
    Duration
    Smart Mobility Tech Accelerator 4 months; Venture Catalyst 6 weeks or 2 months

    Food & agricultureMobility

How this list is made

Every card on this page passed the same three checks before it was published.

  1. 1

    Opened on its own website

    Each organization was read on its own site, not on a directory or press page.

  2. 2

    Active in the last 18 months

    A dated cohort, open call, demo day or news item is required. Its date is on the card; an announced one shows as Upcoming.

  3. 3

    Checked a second time

    A separate review re-read every record. Anything it could not confirm was left out.

What gets listed

  • Accelerator cohorts
  • Incubation with coaching or lab access
  • Startup studios
  • University founder centers
  • Public programs with an application process

What is left out

  • Investment funds without a program
  • Office or coworking space without a program
  • Programs with no dated activity in 18 months

Only what they state

Sector focus, duration, equity and funding appear only where the organization states them itself. A blank means it does not say, not that the answer is none.

Spotted a mistake?

Something out of date, or a program missing? Write to info@mentornity.com with a link to the official page.

Running a program like these?

Our guide covers how accelerators and incubators set up mentor pools, match founders with mentors and keep track of sessions across a cohort.

Read the accelerator and incubator mentoring guide