The Investment Accelerator Fund (IAF) helps build and strengthen Ontario-based businesses in the cleantech, ICT, and life sciences & healthcare sectors. It offers two types of funding, tailored to each type of applicant:

  • The IAF invests up to $500,000 in early-stage companies that have the potential to be global leaders in their field and provide sustainable economic benefits to Ontario.
  • The Youth IAF invests up to $250,000 in innovative technology-based companies where the majority of founders are under the age of 30. 

Note: IAF investment selection is highly competitive. Successful companies are subject to rigorous due diligence and a prescribed approval process.

Funded by the Province of Ontario, the IAF program is managed by MaRS and delivered through the Ontario Network of Entrepreneurs. For more information and to apply, see the IAF website.