Updated March 2026 · Verified against University of Toronto / Various Universities guidelines
▲ Growing In Kind Est. 2012
Program Private Active

Creative Destruction Lab (CDL)

University of Toronto / Various Universities
Maximum Funding
No cash from CDL. Mentorship and...
Applications open for 2026/27 program year
Visit Official Program →
Difficulty
Hard
Payment
In Kind
Trend
Growing
First-Timers
Co-Funding
Varies
Creative Destruction Lab (CDL) provides up to No cash from CDL. Mentorship and investor introductions only. A seed-stage program for massively scalable, science and technology-based companies. Applications are accepted Applications open for 2026/27 program year. (As of March 2026, verified against University of Toronto / Various Universities program guidelines)

Eligibility & Details

What this program funds and who can apply

Free

Program Description

A seed-stage program for massively scalable, science and technology-based companies. CDL operates across multiple universities globally and helps founders develop their companies through mentorship from experienced entrepreneurs and investors.

Eligibility Requirements

  • Must be a seed-stage company with a massively scalable, science or technology-based venture
  • Must be willing to work intensively with CDL's network of mentors (objectives-based program)
  • Company must have a strong technical team or scientific foundation
  • CDL has multiple streams (health, climate, AI, quantum) — must apply to a relevant stream
  • No cash from CDL — program value is mentorship and investor introductions only
Provinces
All Provinces
Industries
Technology Healthcare Clean Technology AI Quantum
Business Stage
Startup

Quick Assessment

Difficulty
Hard
Competition
High
Est. Hours
10h
First-Timer
Not rated

Funding Details

Amount
No cash from CDL. Mentorship and investor introductions only.
Type
Program
Level
Private
Deadline
Applications open for 2026/27 program year

Program Scorecard

Competition, effort, and approval at a glance

Hybrid
Competition
High
Effort
~10 hours
Approval
Competitive
Accessibility
--/5
Competition
--/5
Approval Rate
--%

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What You Need to Get Approved
Everything reviewers look for — so you apply with confidence, not guesswork

How to Win

Insider tips, common pitfalls, and what successful applicants look like

Premium
Insider Tip

CDL takes no equity and charges no fees — but it's also not a funding source. The value is structured mentor access and investor introductions. Companies that survive all 5 sessions have strong investor credibility. Choose your CDL location strategically — each has different stream strengths and mentor networks.

See what trips up most applicants for this program — and how to avoid it. Unlock with Premium →

Rejection Pitfalls 5

  • Not sufficiently technically innovative
  • Lifestyle business or non-scalable model
  • Unable to commit to 9-month milestone program
+2 more pitfalls

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Success Profile

Deep tech or science-based seed-stage company with strong founding team, clear technical innovation, and willingness to set and hit aggressive milestones. AI, climate, health, quantum, fintech, or space focus.

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Evaluation Criteria

Technical innovation depth and science-based differentiation; founding team capability and complementarity; market scale potential (must be 'massively scalable'); ability to set and achieve aggressive 8-week objectives; suitability for venture-scale capital raises; fit with selected stream (AI, Climate, Health, Quantum, etc.).

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Application Steps

1 Select Site and Stream Choose a CDL site (Toronto, Vancouver, Calgary, Montreal, Halifax, or international) and the most relevant innovation stream (AI, Climate, Health, Quantum, Space, Defence, Fintech, etc.). Each site-stream combination has its own mentor network — choose strategically based on your technology and investor targets.
2 Application Triage Visit creativedestructionlab.com to confirm the current application window (annual cycle: applications open ~April–July, program starts October). Complete the online application including company description, technical innovation summary, team profiles, stream selection, and fundraising targets.
3 Technical and Business Screening CDL admissions team screens for technical innovation depth, venture scalability, and team capability. Late applications by invitation only — if window is closed, email [email protected] to express interest for the next cycle.
+2 more steps

Required Documents 5

Online application
Pitch/business description
Technical innovation description
Team profiles
Stream selection (AI, Climate, Health, Quantum, etc.)

Eligible Expenses 6

  • Not a cash program — program activities include: structured mentor access (5 full-day sessions)
  • Objective-setting and milestone accountability with serial entrepreneurs
  • Investor introductions and due diligence support
  • Access to CDL's global mentor and alumni network (15 sites, 9 countries)
  • Stream-specific deep dives: AI, Climate, Health, Quantum, Space, Defence, Fintech, etc.
  • Co-working and collaboration space at host university (site-dependent)

Ineligible Expenses 2

  • Not applicable — no cash grant; no expense categories
  • CDL does not fund operating expenses, salaries, equipment, or capital costs

Intake Periods

Annual cycle: applications open ~April–July each year, program runs October through June. 2025/26 cohort applications closed July 25, 2025. 2026/27 cycle expected to open spring 2026 — check creativedestructionlab.com.

Deadline Notes

2026/27 program year applications are now open. Annual cycle: apply ~July, program runs October-June. Multiple streams available across CDL sites (Toronto, Vancouver, Montreal, etc.). Check creativedestructionlab.com for stream-specific deadlines.

Open Application Portal →

Ineligible Organizations

  • Lifestyle businesses or non-scalable ventures
  • Companies without a science or technology-based core innovation
  • Teams without technical depth or a credible path to venture-scale outcomes
  • Companies unable to commit to 9-month, 5-session program schedule
  • Non-seed-stage companies (CDL targets pre-seed to seed; later-stage companies may not fit the objective-setting model)

Get the step-by-step application guide — documents, timeline, and what to prepare. Unlock with Premium →

Compatible Programs

Combined Funding Potential See your total funding potential

Clawback Risk

Low Risk

low — no equity taken; no cash disbursed; no financial obligations to CDL

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See your total funding potential across 4 programs
Stacking amounts, clawback details, government stacking limits, and tax implications
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How CDL Compares

Side-by-side with similar programs

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