It’s no secret that modern-day startups have a lot on their plates.
From product development, to fundraising, to digital marketing, to recruitment (and retention), making critical decisions for your business can all be pretty daunting on your own.
Fortunately, a startup accelerator in Toronto like L-SPARK is the destination for Canada’s startup and tech ecosystem to learn, share, plan, execute, measure, adjust, scale and succeed.
The Toronto Startup Landscape
Recognized as Silicon Valley of the North, Toronto is filled with opportunities for growth. In Toronto particularly, tech startups have been breaking new ground, so much so that in 2019, CNBC profiled this growth potential and indicated that Canada could be the next Silicon Valley. With many young entrepreneurs with big ideas, not to mention a large population of local university and college students looking to make an impact, there’s every reason to believe it.
L-SPARK will pair you up with an expert mentor, who will share invaluable insights with you during a weekly operations meetings. Your mentor is hand-selected by the L-SPARK team based on the needs of the startup and the mentor’s skills and experience.
They will challenge you to perfect product-market-fit, define your sales channels, and grow revenue. Together, you’ll formulate a game plan that takes your startup to the next level.
L-SPARK Startup Accelerator Programs
L-SPARK’s accelerator programs will not only keep you on course, but steered firmly in the optimal direction, made possible by intensive mentorship and access to our network of top investors, expert advisors, talent and prospective partners and customers.
Our programs include:
"Being part of L-SPARK has changed everything for me personally and for Brokrete. The mentor team helped us structure the idea, challenge ourselves, be accountable and they gave us the specific tools and knowledge we needed to get to the next level. I learned more in this program than I’ve learned elsewhere and the value they bring to a technology company is unmatchable."
Frequently Asked Questions
What is a B2B startup accelerator?
A startup accelerator is a specialized program that challenges you and your team to perfect product-market fit, refine your sales and marketing strategies, drive revenue, and ultimately get you pitch-ready. Participating in the L-SPARK Accelerator not only affords invaluable insights, but the chance to forge meaningful relationships with key industry stakeholders, and helps you take your business to the next level. Our programs offer intensive mentorship with a dedicated expert team throughout the duration of the accelerator.
Does L-SPARK offer programs designed for women-led startups?
L-SPARK has partnered with Queen’s University to offer an accelerator program designed to help women-led technology companies grow. Compass North is a 5-month accelerator for startups in the Kingston, Belleville, and Brockville regions. This program offers dedicated mentors to help you think strategically and reach your goals and objectives, as well as tactical workshops, and the opportunity to surround yourself with women-identifying tech entrepreneurs building incredible companies.
What is the cost of being a part of the L-SPARK Accelerator?
L-SPARK procures equity amounting to 3% if your startup meets the minimum fundraising target of $100K during the 6 month program and/or the trailing 12 months.
What happens after I apply?
Once we receive your application, a member of our team will set up a time to meet with you to get to know you, your team, and your startup. Should you be shortlisted for the program , we’ll reach out to invite you to join our bootcamp, where you’ll be paired with a mentor who will help you refine your pitch to prepare you for our L-SPARK Selection Day.
What’s involved in the bootcamp?
The L-SPARK bootcamp is designed to get shortlisted startups pitch-ready as they lead up to Selection Day. Each startup is paired with an expert mentor who will help you to refine your pitch deck and provide insightful pitch coaching. On Selection Day, each founder will have the opportunity to pitch to a Selection Committee made up of investors, partners, and L-SPARK team members for a chance to earn their spot in the L-SPARK Accelerator program.
Build Smarter, Grow Faster with L-SPARK
Join the community of 75+ startups who have made their mark with the L-SPARK accelerator.