Incubator & Accelerator
NEXT AI 2027 (NEXT Canada accelerator for AI-enabled startups)
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About
NEXT Canada's free, equity-free founder and venture development accelerator for early-stage AI-enabled companies incorporated in Canada, running March to September 2027 through a Toronto site or a Montréal/Remote site, with applications closing 9 December 2026 at 11:59 p.m. EST.
Benefits
- 🎓EducationWorld-class curriculum taught by award-winning faculty and AI researchers, covering topics such as machine learning, deep learning in computer vision and NLP, AutoML, reinforcement learning, economics of entrepreneurship and strategy and innovation
- 🧑🏫 Mentorship and Venture SupportAccess to top AI scientists, dedicated Venture Managers, scientists-in-residence and an international pool of mentors
- 🛠️ Workshops and Speaker SeriesHigh-impact workshops and speaker sessions with Canadian business leaders
- 🎁In-Kind Partner PerksAccess to perks from leading AI technology and legal partners such as NVIDIA, AWS and Osler
- 🏢Office SpaceFree office space in Toronto and in the heart of Montréal’s AI hub
- 🤝Investor Exposure (Conditional)Towards the end of phase two, ventures receive pitch training before being introduced to a select group of investors interested in early-stage AI; funding is not guaranteed, though many ventures have secured funding through the NEXT AI investor network
Eligibility Criteria
- Canadian Incorporation
- Mandatory requirement that the venture is incorporated in Canada or actively in the process of incorporating in Canada
- Canadian Ownership
- Mandatory requirement that the company is owned in majority by Canadian citizens and permanent residents, per the official FAQ, while the criteria list also refers to co-founders holding Canadian citizenship or permanent residency or a valid work or study permit
- AI Focus
- Mandatory requirement that AI is core to the idea or company
- Founding Team
- Mandatory requirement of at least one business co-founder and one distinct technical co-founder, each intending to receive a minimum of 10% of the company’s shares
- IP Ownership
- Mandatory requirement that all IP used by the team is owned by the venture or licensed to it
- Ideal Team
- Preferred team of at least two participants, a CEO and a CTO, with convincing strength across technical skills, business acumen and subject matter expertise
- Startup Stage
- Preferred early-stage or pre-seed ventures, and the ideal candidate has problem-solution fit plus a prototype and early traction (pilot, early revenue or funding), though idea-stage projects with strong technology differentiation are also welcome
- Market Opportunity
- Preferred business model and market opportunity conducive to massive scaling
- Solo Founders
- Solo founders may apply but are much less likely to be accepted
Participation Commitments
- No Participation Fee
- There is no cost to participate in NEXT AI
- No Equity
- The program does not take any equity in the ventures
- No Funding
- The program does not provide any funding
- Time Commitment
- Participants should be prepared to commit 6 to 8 hours per week to mandatory programming and deliverables, generally during business hours, and at least one participating (co-)founder is expected to work full-time on the venture
- Employment
- Participants may continue employment on a part-time basis, but employment is not accepted as justification for missing mandatory programming
- In-Person Attendance (Toronto Stream)
- All participant (co-)founders must attend three in-person milestone events in Toronto at their own cost: Immersion Week in March, Venture Reveal in May and Venture Day in August
- In-Person Attendance (Montréal/Remote Stream)
- All participant (co-)founders must attend two in-person milestone events in Montréal at their own cost: Immersion Week in March and Démo Day in September; participants living in the Montréal vicinity must also attend a few additional smaller in-person workshops and events
Target Region
Canada
Target Sector
Agriculture & Food, Defense & Security, Education, Energy & Utilities, Financial Services, Government & Public Sector, Healthcare & Life Sciences, Manufacturing, Media & Entertainment, Real Estate & Construction, Retail & Consumer, Semiconductors & Electronics, Sports & Fitness, Telecommunications, Transportation & Logistics, Travel & Hospitality, Other
NEXT Canada (NEXT AI program); NEXT AI – Montréal is delivered in partnership with HEC Montréal