
Jun 15, 2025
Canadian Startup & Scale-Up Program Playbook
Step 1: Identify Your Stage
Idea / Pre-seed (no revenue, prototype stage) → Velocity, CDL, FounderFuel
Seed (early customers, raising first VC round) → DMZ, Centech, FounderFuel
Scale-up ($1M+ revenue, expanding markets) → Communitech, MaRS Momentum
Step 2: Match Sector Fit
Deep Tech / Hardware / MedTech: Velocity, Centech, CDL
AI, Fintech, Enterprise Software: DMZ
Climate, Health, Compute: CDL
General Tech: FounderFuel
Health, Cleantech, SaaS (scaling): MaRS Momentum
B2B SaaS (scaling): Communitech
Step 3: Consider the Model (Equity, Fee, Free)
Equity (you give up a small %): DMZ, Centech, FounderFuel
Membership / Service Fees: Communitech, MaRS Momentum
Free (no equity, no fee): Velocity (for UWaterloo founders), CDL
Step 4: Value Proposition Snapshot
Velocity (Waterloo) → Founder-owned IP, labs, student talent.
DMZ (Toronto) → 18-month investor readiness plus corporate partnerships.
CDL (Vancouver and other hubs) → Objectives-based mentorship from world-class entrepreneurs and scientists.
Centech (Montreal) → Two-year deep coaching program for complex technologies.
FounderFuel (Montreal) → Four-month intensive accelerator with a strong mentor network.
Communitech (Waterloo) → Executive coaching and peer groups for companies with $1M+ revenue.
MaRS Momentum (Toronto) → Access to capital, corporate partners, and global market intelligence.
Quick Decision Tree
Q1. Are you pre-revenue?
→ Yes → Velocity, CDL, FounderFuel
Q2. Do you have early revenue but still raising Seed?
→ Yes → DMZ (AI/Fintech/Software) or Centech (Deep Tech/Hardware/Medtech)
Q3. Are you past $1M in revenue?
→ Yes → Communitech Growth Coaching or MaRS Momentum
Q4. Do you want to avoid giving up equity?
→ Yes → Velocity (if affiliated with UWaterloo) or CDL
→ No → DMZ, Centech, FounderFuel
Founder Checklist
Stage: Am I idea stage, seed stage, or scaling?
Sector: Does the program align with my industry?
Model: Am I comfortable giving equity, or would I prefer fees/free?
Timeline: Do I want an intensive sprint (4 months) or a long-term program (18–24 months)?
Goals: Is my priority fundraising, mentorship, or scaling operations?

