How To Get Funding for your App Startup in Canada

Posted by Davzo Inc

Posted in Startup

funding Canada

Building a new mobile app costs money. The biggest cost is the development price, but after that there are often upkeep costs for servers or cloud storage and other infrastructure. There may be costs associated with marketing plans. Everything costs money.

Thankfully there are a lot of great Canadian organizations available to help you and your team get started and turn their ideas into a successful business.

Futurpreneur Canada

Futurpreneur Canada (formerly CYBF) is a national non-profit organization dedicated to growing our economy one entrepreneur at a time. Provides youth between the ages of 18 and 39 with online resources, financing up to $30,000. Interested applicants must fill out a form and completed related materials to access funding, mentoring and networking opportunities.


FounderFuel will whip your startup into shape and get you funded! Based in Montreal company provides funding and access to a network of investors, mentors and knowledgeable entrepreneurs to help teams chosen for the 12-week program get their project up and running. If selected teams can receive up to $50,000 in funding.

Startup Canada

Startup Canada is committed to helping Canadian entrepreneurship. The volunteer-run organization based in Ottawa is dedicated to building an environment and culture for entrepreneurial growth and success.

Federal Entrepreneurs Program

The Entrepreneur Program seeks to bring experienced business people to Canada. These people must plan to own and manage a business in Canada that adds to the economy and creates jobs.

Small Business Financing Program

This government program aims to help new businesses to find a loan and information on available grants across Canada. Those selected have access to financing up to $500K and useful business/startup resources.

Mars Centre

MaRS Discovery District in Toronto is one of the world’s largest urban innovation hubs. MaRS cultivates high-impact ventures and equips innovators to drive economic and societal prosperity including free workshops and instruction guides to bursaries and one-on-one advice. Check out their videos available online to learn more about entrepreneurship.

Ryerson University's Digital Media Zone

The DMZ is Canada's top university business incubator, open to tech startups worldwide. Located in the heart of Toronto provides entrepreneurs with mentoring, networking and workspace. Despite it being located at Ryerson University, incubator accepts students and non-students into its program.

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