AcceleratorAI-firstEquity-freeby NEXT Canada

NEXT AI

Six-month, equity-free AI venture program in Toronto and Montreal with office space, mentorship and partner perks.

Invests

—

Takes

No equity

Length

6 months, full time

Where

Toronto

The deal

Takes no equity; requires a Canadian company with a business co-founder and a technical co-founder each holding at least 10%.

NEXT AI is NEXT Canada's program for idea-stage and early-stage ventures built on AI. Founders work full time from campuses in Toronto and Montreal (with HEC Montreal), with curriculum, mentors and partner perks. The 2026 cohort had 70 ventures across both cities.

Takes: No equity
Length: 6 months, full time
Format: Hybrid
Based in: Toronto, CA
Runs in: Toronto, Montreal, Remote
Stage: Idea to early revenue
Focus: Ventures where AI is core to the product, Canadian incorporation required
Cohorts: Yearly; 2026 cohort of 70 ventures (18 Toronto, 52 Montreal), running roughly March to August or September
Acceptance: 70 ventures in the 2026 cohort
Perks: Free office space, curriculum, mentorship, partner perks from NVIDIA, AWS and Osler

Apply ↗Website ↗Ask the room

Terms as published by the program; verified October 2026. Programs change their deal every year, the apply page is the source of truth.

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