MaRS Investment Accelerator Fund Offers up to $500K in Equity Investments for New Technology

bigstock-Business-lady-answering-the-ph-31845482The Accelerator Fund (IAF) was developed to support world-class innovations in the field of information and communication technology, health care, and cleantech by providing up to $500,000 in Ontario small business funding.

IAF Small Business Funding Ontario Invests in Ontario-based Technology Companies

Offered through MaRS, the IAF government funding initiative is aimed at helping entrepreneurs bring new and technological ideas to market.  Funded by the province of Ontario, the IAF Ontario business equity investments program targets early-stage companies that have the potential to be global leaders in their field and provide sustainable economic benefits to Ontario.

Investment Accelerator Fund for Small Businesses in Ontario –Company Eligibility

In order to qualify for the Investment Accelerator Fund Ontario equity investment program, companies must do business in one of the following four sectors:

  1. Materials and Engineering
  2. Clean Technology
  3. Information Technology
  4. Health Sciences

INELIGIBLE: Medical device, healthcare information technologies, management for imaging and molecular modeling for pharmaceutical compounds.

Learn More about Equity Investments & Ontario Business Grants and Loans Opportunities

Stay informed of the best Ontario business loans and grants programs by signing up for our government business grants and loans weekly e-newsletter.  Established small businesses operating in Canada are also invited to join Mentor Works for an exclusive Government Funding Workshop and/or Webinar.

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