Priority : No

Type : Business incubators

Address : 3292 Production Way, Burnaby, BC V5Z 4R4, Canada

Introduction to Foresight Canada

Foresight Canada is the country's leading cleantech accelerator, dedicated to accelerating the growth and impact of cleantech ecosystems across Canada. Founded with the mission to advance Canada's transition to a sustainable, green economy, Foresight Canada brings together innovators, industry partners, investors, academia, and government agencies to drive cleantech innovation and adoption. Their comprehensive offerings include accelerator programs for startups at various stages, industry challenge programs, mentorship, access to capital networks, and collaborative initiatives that connect stakeholders across the cleantech ecosystem. By fostering innovation and collaboration, Foresight Canada helps entrepreneurs and organizations develop and scale solutions that address critical environmental challenges and contribute to a low-carbon future.

Preferred Industries and Company Stages

Foresight Canada focuses on supporting companies that are committed to creating a positive environmental impact in the following industries:

Cleantech Sectors Supported by Foresight Canada

• Renewable Energy: Innovations in solar, wind, hydro, and other renewable energy technologies that decrease reliance on fossil fuels.
• Sustainable Transportation: Solutions for electric vehicles, alternative fuels, and transportation infrastructure that reduce greenhouse gas emissions.
• AgriTech (Sustainable Agriculture): Technologies that enhance agricultural efficiency, promote sustainable farming practices, and reduce environmental impact.
• Water Technologies: Solutions addressing water conservation, purification, wastewater treatment, and efficient water management.
• Circular Economy: Innovations that promote recycling, waste reduction, sustainable materials management, and the repurposing of resources.
• Built Environment: Technologies for energy-efficient buildings, smart cities, sustainable construction materials, and urban development.
• Mining and Resources: Clean technologies that minimize environmental impacts in mining, improve resource extraction efficiency, and promote sustainability.
• Environmental Monitoring and Carbon Capture: Tools and technologies for monitoring environmental conditions and capturing or reducing carbon emissions.

Company Stages Preferred by Foresight Canada

Foresight Canada's programs are designed to support cleantech ventures at various stages of development:

• Ideation and Validation (Launch): Entrepreneurs in the early stages of developing their concept or technology, seeking guidance to validate their ideas and establish a viable business model.
• Commercialization (Deliver): Startups that have a minimum viable product (MVP) or prototype and are preparing to enter the market or scale their initial customer base.
• Scale-Up and Growth (Grow): Companies generating revenue and focused on scaling operations, expanding into new markets, and accelerating their impact on the cleantech sector.
• Industry Collaboration: Innovators and established companies looking to collaborate with industry partners to pilot and deploy cleantech solutions, facilitating adoption and market penetration.

By aligning with these industries and stages, companies increase their chances of being accepted into Foresight Canada's programs. Participants gain access to valuable resources, expert mentorship, and a network of investors and industry partners dedicated to cleantech innovation. Foresight Canada's tailored support helps entrepreneurs overcome challenges, accelerate commercialization, and amplify their impact, ultimately contributing to a cleaner, more sustainable future and positioning Canada as a global leader in cleantech.