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ACCELERATOR

Are you ready to
push your potential?

Since 2015, Venturepark Labs has delivered Canada's top accelerator program for consumer products. Our alumni are some of the fastest-growing companies in Canada and collectively sell $200M a year.

 

Over four months, our experts help you scale. Entrepreneurs gain insights from industry leaders and access to Canada's business growth ecosystem, Venturepark. The Park provides connections to investment capital and skilled brand builders.

Venturepark Labs Accelerator Program

Apply Today

We are excited to invite you to submit your application for Cohort 18 today!

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Are you ready to push your potential?

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Venturepark Labs Accelerator Program

Benefits

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One-on-one guidance from our Team and Mentors. 

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Gain the tools for CPG success, including educational sessions on strategy, forecasting, sales, marketing, supply chain and more.  

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Insights from top-tier Companies and Business leaders, including our program sponsors: Sobeys, BMO Canada, Torys LLP, Tree of Life, and Caddy.  

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Founders-only sessions with Venturepark Labs alumni, and our CEO, Arlene Dickinson.  

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Successful participants present for distribution at our Sobeys Look for Local  event and national Demo Day event for added exposure to investors and retailers

Venturepark Labs Economic Impact
  • What do I get from the accelerator program?
    Our program offers new insights and perspectives for your company to scale faster because you have the benefit of learning from people who have done it before. You will be able to engage in discussions with industry experts and entrepreneurs, virtual course sessions, mentors to guide you through the toughest business questions, and access to our community portal for life.
  • Where are you located?
    Venturepark Labs has two offices, located in Calgary and Toronto. The Accelerator program is offered via weekly live online Zoom sessions so that it is accessible for early-stage food companies regardless of their location.
  • What’s the time commitment?
    It’s an intensive 4 months, with two sessions per week on average and a one-on-one session with our executives in residence.
  • What companies do you look for?
    We accept applications from consumer-packaged good companies that have one or more products in the food and beverage and health and wellness space. We require demonstrated sales and will review the scalability of the company in their initial stages of growth. We are also committed to principles of equity, anti-racism, and anti-oppression and strongly encourage members of Indigenous, Black, and racialized communities; people with disabilities; people identifying as LGBTQIA2S+; and women to apply.
  • When should I apply?
    We review applications year-round and acceptance is made on a rolling basis. Our accelerator program is delivered in fall and spring cohorts. After your application is submitted, our Program Manager will review your details as soon as possible and contact you if your company is deemed a suitable fit for the accelerator. Our goal is to notify the final group of companies that are accepted within 8-12 weeks of the cohort launch.
  • Does Venturepark Labs take equity?
    No, Venturepark Labs is a non-profit organization and we do not take equity from our cohort companies. We do charge a one-time membership fee at the start of the program, which will grant you access to virtual sessions, course material, one-on-one mentorship, and our community portal.
  • Will I gain listings at retailers?
    Through the accelerator program, we have a number of partner and sponsors that offer retail support to our companies. Our partnership with Sobeys allows our cohort to present their products to listing managers to gain success at the retail level. Sobeys will oftentimes carry products through their buy local program, provided that the product meets all of its criteria.
  • Am I automatically considered for investment from the Venture Capital fund during the program?
    Participants of the program are offered opportunities throughout the program to network with the Venture Capital Fund and will be able to pitch their products for investment. Accelerator companies are not guaranteed to receive investment, but we specialize in helping entrepreneurs to develop their strategy and growth plans for when they actively apply for investment.
  • How do I get funded after the accelerator program?
    Near the end of the four-month program, graduates of the accelerator program participate in Demo Day, where they pitch their product to Canada’s top industry leaders and investors. You will also receive support from our virtual community of entrepreneurial alumni who are there to connect with you and generate leads on investment. Now that we’ve prepared you for growth, it’s up to you to utilize those tools. But with our alumni community in your corner, you don’t have to do it alone!
  • Will I meet the alumni of past cohorts?
    Yes, you will be connected throughout the program to past alumni alongside your fellow cohort members. Once you graduate the program – you will be an alumni too! It is an expectation of the program that you add to its value post-program – pass on your knowledge and pay it forward! Your contributions help to strengthen our community and fosters a space for ongoing support.
  • What are the program expectations?
    The Venturepark Labs accelerator program is a major commitment, and we expect you to be active and engaged during the sessions and with our virtual community for the 4-month period. This means open and responsive communication with your Venturepark Labs network during and post-program. It is also our expectation that post-program you are a leader and representative for future cohorts who are looking for mentorship from alumni on our community portal.

FAQs

Alumni

Alison Ruks, founder of Mobobaby (Cohort 10) :

Alison Ruks, founder of Mobobaby (Cohort 10)
"While entrepreneurship can be a lonely road, there are others travelling the same route and feel the same as you do. The accelerator program helped me to prioritize my projects, accomplish significant goals effectively and efficiently, and gave me an incredible network of advisors to help me tweak my strategy so I can have the confidence to go forth and conquer. Find your entrepreneurial support circle, put your seatbelt on, and get ready for the ride!"
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COHORT 15

Flour & Flower, Island Chef Pepper Co, Nelson Naturals, One For  The Road Brewing Co, Canmore Pasta Co, HEMPALTA, Work Water, Crave Cupcakes, Klondike Kettle Corn, Moonshine Mama's.

Meet the Team

Supported by:

Prairies Economic Development Canada
National Research Council Canada

Sponsored by

Sobeys Canada
BMO logo
Torys Logo
Tree of Life logo
Caddy logo
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