Unlike other accelerator programs, Launch takes 0% equity in your company. Instead, there is a program fee starting at $42,000* CAD over 12 months (plus applicable taxes, legal, immigration and settlement fees that are incurred outside of our program. Note, for companies outside of Canada, all local non-Canadian taxes will be the sole responsibility of the international company). Fees are broken down into 12 equal monthly payments of $3,500 payable during the 1st year of the program. At the end of the 12-month subscription period, your company will transition into the MOMENTUM portion of the Maple Program in which you receive an additional 12 months of program access at no additional cost.
As Launch is a not-for-profit organization, all program proceeds will be reinvested back into building the Canadian tech and talent ecosystem.
Please note that the Maple Program fees are not correlated to the success and failure of the company’s immigration status, but rather for the programming and services provided to help companies acclimate to the North America Market.