Venture Start

Congratulations to RIC Clients on their successful approval into the VentureStart program. Photo taken with Minister Gary Goodyear at the Launch on March 16th, 2012

Learn the Skills. Build your Plan. Put it to the Test.

VentureStart is a program designed to help entrepreneurs in Southern Ontario with the launch of new enterprises. The program is designed to enhance the success rate of start-up ventures by providing business skills training and business launch mentoring to qualified entrepreneurs.

Here’s how VentureStart works:

The program has two stages: Business Skills Development and Business Launch Support.

The Business Skills Development stage is designed to equip the entrepreneur with the knowledge and skills to start a new venture, and lead them through the development of a robust business plan.

The Business Launch Support stage provides the entrepreneur with access to an expert mentor and seed capital to help get their business off the ground. To be qualified for the seed capital, the entrepreneur must complete a Critical Factors Assessment (CFA).The amount of eligible funding is determined by the results of the CFA evaluation.  Note that the program is highly competitive and not all companies that complete the training will be approved for funding.

Our VentureStart program is fully funded through FedDev Ontario through the Scientists and Engineers in Business initiative. Please take a moment to view the video below and learn about a recent program graduate who has developed and is already piloting an innovative clean technology product.

View more videos of featured VentureStart success stories

Click on the image below to find out more about this program or visit