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Government of Alberta, Accelerate Fund
Accelerate Fund
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1–2 hours
Can you get this?
✓Alberta-based startup with 50%+ employees there
✓Must be private and incorporated
✓Serves business or enterprise customers (B2B)
✓Focus on life sciences, digital transformation, or AI
✓Requires matching angel or private co-investor funds
Your real odds
Accelerate Fund IV is actively deploying, but you must arrive with co-investors already in the picture or in progress.
The fund leads with $250,000 and requires matching capital from angels or other private investors, typically building a total round of $750,000 to $1,000,000. Funds I, II, and III are fully deployed, so IV is the only active vehicle.
What it takes
Submit your pitch via the 'Share your pitch' form on the Accelerate Fund website1–2 hours
Initial screening and due diligence by Yaletown PartnersWeeks to months
Secure or identify matching angel or private co-investorsOngoing, ideally before or during the process
Worth knowing
If your syndicate is not fully formed, Accelerate Fund will actively work to complete it by connecting you with angel groups, family funds, and other VCs, which makes the co-investment requirement less of a blocker than it reads on paper.
What else do you qualify for?
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