HALTON & HAMILTON, ON – April 17, 2025 – Innovation Factory is excited to announce the launch of its newest initiative, the Concept Catalyst program. The program is designed specifically for the unique needs of early-stage start-ups and supporting them to transform their innovative ideas into viable businesses. As Canada navigates an evolving economic landscape, fostering and sustaining homegrown innovation is critical to ensuring long-term economic growth and global competitiveness.
“With economic uncertainty and shifting global markets, it’s more important than ever to invest in Canadian innovation and entrepreneurship,” said David Carter, CEO of Innovation Factory. “Concept Catalyst is designed to equip early stage founders with the tools, mentorship and confidence they need to validate their ideas and build strong, scalable businesses that contribute to Canada’s economic resilience.”
The Concept Catalyst program will offer expert-led workshops, self-paced learning modules, and hands-on guidance to help founders navigate the challenges of early-stage business development. Participants will gain insights into market validation, business planning, and product development, ensuring they are well-prepared for long-term success.
As a hub of innovation supporting tech start-ups, Innovation Factory has supported over 3,500 businesses and facilitated more than 48,000 hours of expert consultations. These businesses have secured over $1.2 billion in investment, generated more than $730 million in revenue and created nearly 7,000 jobs. As Ontario’s innovation ecosystem continues to grow, Innovation Factory remains committed to evolving its programs to meet those needs – Concept Catalyst is the latest initiative designed to help entrepreneurs turn bold ideas into scalable businesses.
To learn more about the Concept Catalyst program and apply, visit: innovationfactory.ca/concept-catalyst
About Innovation Factory
Innovation Factory is a not-for-profit business accelerator, serving as the catalyst for technology innovation in the Brant, Halton, Hamilton and Norfolk regions since 2010. Innovation Factory provides business services, training, mentorship, and strategic connections to drive market adoption, leverage intellectual property, and increase revenues, investment, and jobs. Innovators can also access sector-specific resources including exclusive smart transportation test environments and data; and a formal life science and health innovation ecosystem.
