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Increase your pace

Fast-track your ambitions—and reach unforeseen heights.

Applications for the first cohort of AC:Studio are now closed.

AC:Studio

Up to $100,000 to launch your startup

Have a high-impact startup idea or interest in joining the founding team of one? With Government of Canada funding through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), we've partnered with innovation leaders from across southern Ontario to bring high-impact startups and founders the critical capital they need to launch their businesses.

Funding, mentorship, and tactical supports

Building high-potential businesses across southern Ontario

With Government of Canada funding through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), we've partnered with innovation leaders from across southern Ontario to bring high-impact startups and founders the critical capital they need to launch their businesses.

This program provides participants with:

  • Up to $100,000 in seed funding grants from FedDev Ontario
  • One-to-one mentorship with our team of in-house and specialist mentors
  • Sales training from pros like Uvaro to build a team that delivers
  • Tactical support in product development, marketing, UI and UX from industry experts and freelancers through partnerships with experienced startup builders at SnapPea and Conestoga College's Gig Lab
  • In-kind hours with industry experts like RSM, Bereskin & Parr and Gowlings WLG
  • Access to market research, investment intelligence and lead generation reports

access funding and support

high intensity. high impact.

Supporting Canadian jobs and economic growth

In 2023, we executed on Phase 2 of the program, working with 50 incredible founders and narrowed the field to the top 25 companies.

These companies represent the best-of-the-best southern Ontario has to offer for early-stage entrepreneurs.

700+
new jobs

$40M
in investment raised

$21M
revenue generated

Eligibility

AC:Studio is available to founders from across southern Ontario

In order to qualify for AC:Studio, startups must:

  • Be based in Southern Ontario, as defined by FedDev Ontario (click here for full description online).
  • Be incorporated in Canada, or show proof of a plan to incorporate upon receiving the funds.
  • Be an early-stage company and have an innovative technology product or
  • process, limited R&D, and are working towards commercialization
  • Startups must not have received previous investment from Scientists and Engineers in Business (SEB) fellowship, NFPs and post-secondary institutions under SEB to deliver seed funding (OCE) SmartStart, RIC VentureStart, Next36, BioEnterprise, Northumberland CFDC, etc.), Commercialization fellowships (University of Waterloo, McMaster, University of Toronto, Carleton) or the AC's AC:JumpStart program
  • AC:Studio investment amount must be matched in cash (such as angel/VC investors, friends/family/founders, academic institution, government sources, and/or industry investors). Proof of matching funds must be shown in the businesses bank account before the program start date.

Please note: Any employee, or person associated with the organizations carrying out the project (Accelerator Centre, Conestoga College, Innovate Niagara, WEtech, UVARO) are NOT eligible to participate in the AC:Studio program.

Program partners

Work with our innovation partners

AC:Studio provides tactical support in product development, marketing, UI, and UX from industry experts and freelancers through partnerships with experienced startup builders.

Success stories

Client Spotlight: Frank Bo, Founder and CEO of Swift Wellness

While growing up in China, Frank Bo saw the impact of delayed payments on workers in his uncle's construction business. These delayed payments often left families struggling to make ends meet. These experiences, combined with his father’s career in finance, influenced Bo to develop a passion for creating solutions that empower financial wellness. Swift Wellness began as a pilot program in China and has evolved into a Canadian fintech startup that delivers accessible financial tools to employees and employers across Canada.

Learn more

Success stories

Client Spotlight: Russell Byun and Ben Ying, co-founders of AIM Robotics

Russell Byun and Ben Ying saw an opportunity to lower the barrier to entry for businesses and government agencies looking to leverage drone technology. They formed AIM Robotics to develop and launch RPAS WILCO, a drone-as-a-service platform now used by over 12,000 certified drone pilots across Canada. The platform helps businesses, consumer pilots, and professionals manage their compliance with Transport Canada regulations to ensure safety in the skies and on the ground.

Learn more

Success stories

Client Spotlight: Jean-Pierre Eskander, Founder and CEO of Sifio Health

Sifio Health founder and CEO Jean-Pierre Eskander is revolutionizing healthcare service delivery with cutting-edge technology that maximizes the use of surgical resources. Drawing from two decades of consulting experience, Eskander identified inefficiencies in healthcare that could be addressed with principles borrowed from manufacturing.

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Success stories

Client Spotlight: This Is Perimenopause with Co-founders Mikelle Ethier and Michelle Stainton

This Is Perimenopause co-founders Mikelle Ethier and Michelle Stainton are committed to supporting women through the often-isolating journey of perimenopause and menopause. They've created an online community that provides evidence-based resources and a safe space for women experiencing symptoms like hot flashes, trouble sleeping, mental health challenges, and joint aches.

Learn more

Success stories

Client Spotlight: Chao Yu, founder and CEO of LoopX

LoopX founder and CEO Chao Yu knows that every startup journey involves twists and turns. Focused initially on automating last-mile food deliveries, Yu and his team pivoted their AI and robotics technology to transform autonomous transportation in the mining industry. Today, LoopX's solutions are helping mines enhance safety and efficiency while reducing downtime—proving that the right pivot can turn an idea into a game-changing innovation.

Learn more