Organization · Accelerator
Innovation Factory
Innovation Factory is a not-for-profit business accelerator and Regional Innovation Centre based in Hamilton, Ontario, focused on fostering technology innovation and supporting startups and scaling companies.
Overview
What Innovation Factory does
What Innovation Factory is
Innovation Factory is a not-for-profit business accelerator and Regional Innovation Centre based in Hamilton, Ontario, focused on fostering technology innovation and supporting startups and scaling companies.
How it participates in the startup ecosystem
The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Accelerator
- Founded
- Founded in 2010
- Approximate age
- About 16 years
- Structured capabilities
- Funder · Program host
- Last reviewed
- April 1, 2026
What Accelerator means
An accelerator is a structured, short-term program designed to speed up a startup's progress toward product-market fit, traction, fundraising, or scale.
Open the glossary entryOfficial channels
Find Innovation Factory elsewhere
Open the official website or a supported primary organization account.
Capability profile
Innovation Factory as a funder
Investment thesis
Innovation Factory supports entrepreneurs and startups by providing resources, mentorship, and funding opportunities to foster innovation and entrepreneurship.
Focus narrative
Innovation Factory invests in and supports startups across multiple sectors, including technology, healthcare, and clean energy. They provide services that encompass various stages of business development, from ideation to scaling. Their geographic focus is primarily on Canadian startups, although they also engage with international markets.
Focus and fit
- Stages
- Pre-seed · Seed · Seed+ · Accelerator
- Sectors
- HealthcareClean Energy
- Regions
- Ca · Global
Availability
- Currently deploying
- Not published
Portfolio and track record
Portfolio context
Innovation Factory has a diverse portfolio of clients, including various startups and innovators in different sectors. Specific names and descriptions of notable portfolio companies were not provided in the source material.
Capability profile
Innovation Factory as a program host
Program thesis
Innovation Factory is dedicated to fostering innovation and entrepreneurship in various sectors by providing resources, mentorship, and funding opportunities to help businesses grow and succeed.
Focus narrative
Innovation Factory invests in and supports startups across multiple sectors, including technology, healthcare, and clean energy. They provide services that encompass various stages of business development, from ideation to scaling. Their geographic focus is primarily on Canadian startups, although they also engage with international markets.
Value and support
Innovation Factory offers several programs aimed at supporting entrepreneurs, including the Start-Up Visa Program, Investment Readiness Program, Founders Fast Track, Uplift Program, DiscoveryX, Concept Catalyst, Roadmap to MVP, HI5 Pitch Competition, and New Venture Pitch Challenge.
Availability
- Application state
- Not published
Focus and fit
- Stages
- Accelerator
- Sectors
- HealthcareClean Energy
- Regions
- Canada
Common questions
What to know about Innovation Factory
Upseed classifies Innovation Factory under the Accelerator organization type. Its current public profile includes funder and program host capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 1, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.