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    Toronto Startup Funding

    Canada's largest startup ecosystem and financial capital. Toronto leads in fintech, AI, and enterprise software with the strongest VC funding scene, deepest talent pool, and connections to global financial institutions.

    $8.5B+
    Ecosystem Size
    8,000+
    Active Startups
    $2.1M
    Average Funding
    12
    Unicorn Companies

    Why Start Up in Toronto?

    Key Strengths

    • Largest VC funding market in Canada
    • World-leading AI research (Vector Institute)
    • Major financial services hub (fintech)
    • Deep enterprise software ecosystem
    • Largest talent pool in Canada
    • Strong connections to US markets

    Top Industries

    AI & Machine Learning
    Fintech & Financial Services
    Enterprise SaaS
    E-commerce & Marketplaces
    Healthtech & Digital Health
    Cybersecurity

    Toronto Funding Programs

    Government grants, tax credits, and local programs available to Toronto startups

    Ontario SR&ED Tax Credit

    3.5% provincial + 35% federal

    Provincial tax credit combining with federal SR&ED

    Ontario Capital Growth Corporation

    $500K - $5M

    Co-investment fund for high-growth companies

    Toronto Innovation Acceleration Partners

    Varies by program

    Supports innovation districts and startup growth

    MaRS Discovery District Programs

    Up to $250K

    Various programs for tech startups including financing support

    Toronto Accelerators & Incubators

    Programs that provide funding, mentorship, and resources to help your startup grow

    Creative Destruction Lab (CDL)

    Science-based, scalable companies

    Network access + $100K avg follow-on

    DMZ (Ryerson)

    Tech startups across sectors

    Up to $150K + mentorship

    Next Canada

    Early-stage tech ventures

    Up to $50K equity-free

    JOLT

    Fintech and enterprise tech

    Mentorship + investor access

    Active Investors in Toronto

    VCs, angels, and investment firms actively funding Toronto startups

    Georgian Partners

    VC Fund

    B2B growth-stage software

    OMERS Ventures

    VC Fund

    Late-stage tech companies

    Real Ventures

    VC Fund

    Seed-stage tech startups

    Inovia Capital

    VC Fund

    Early to growth stage tech

    BDC Capital

    Government VC

    Tech companies across Canada

    Toronto Success Stories

    Inspiring companies that started and scaled from Toronto

    Shopify

    E-commerce Platform

    $80B+ market cap, powers millions of stores

    Wealthsimple

    Fintech

    Valued at $5B+, 3M+ users

    TouchBistro

    Restaurant Tech

    Raised $200M+, serves 29K+ restaurants

    League

    Healthtech

    Valued at $1B+, digital health platform

    Toronto Startup Resources

    Coworking Spaces

    • WeWork Toronto (multiple locations)
    • MaRS Discovery District
    • DMZ Sandbox
    • The Futurpreneur Commons
    • Workplace One

    Universities

    • University of Toronto
    • Toronto Metropolitan University
    • York University
    • OCAD University

    Key Events

    • Collision Conference
    • TechTO
    • Startupfest
    • CVCA Toronto
    • AI World Conference & Expo

    Free Funding Tools

    No signup — assess eligibility, prep your T661, and estimate credits before you file.

    SR&ED Eligibility Quiz

    See if your project may qualify

    Open

    T661 Checklist

    Prep every form section

    Open

    R&D Credit Calculator

    Federal + provincial estimates

    Open

    Grant Finder

    Curated Canadian programs

    Open

    Ready to Fund Your Toronto Startup?

    Access SR&ED tax credits, local grants, and connect with Toronto's investor community

    ← Back to All Canadian Cities
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    Resources

    • FAQ
    • About Us
    • Privacy Policy
    • Terms of Service

    Business Tools

    • Grant & Funding Finder
    • R&D Investment Calculator
    • Startup Valuation
    • Burn Rate Calculator
    • ROI Calculator

    Services by Province

    • Ontario
    • British Columbia
    • Alberta
    • Quebec
    • Saskatchewan
    • Manitoba

    Services by City

    • Toronto, ON
    • Vancouver, BC
    • Calgary, AB
    • Montreal, QC
    • Ottawa, ON
    • Edmonton, AB

    SR&ED Services

    SR&ED FilingInnovation GrantsSR&ED Eligibility Quiz

    Alternatives

    Talk to ExpertFind a Consultant

    Funding Resources

    Startup FundingResearch Funding

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