Intuit Prosperity Accelerator: Toronto
Program Outline
Startups will be selected from Toronto’s burgeoning tech ecosystem and will have access to a corporate and investor mentorship network and dedicated coaching.
- Dedicated to supporting tech startups to advance innovation and fundability, while solving financial prosperity challenges in Canada
- Four (4) months of hybrid (in-person and virtual) programming
- Tailored content and dedicated coaching to help grow your business by using Intuit’s customer-centric Design for Delight (D4D) methodology
- Access to a large variety of expertise through subject matter experts, business mentors and a vibrant alumni startup community
- Opportunity for follow-on investment from Highline Beta
Program Outline
Startups will be selected from Toronto’s burgeoning tech ecosystem and will have access to a corporate and investor mentorship network and dedicated coaching.
- Dedicated to supporting tech startups to advance innovation and fundability, while solving financial prosperity challenges in Canada
- Four (4) months of hybrid (in-person and virtual) programming
- Tailored content and dedicated coaching to help grow your business by using Intuit’s customer-centric Design for Delight (D4D) methodology
- Access to a large variety of expertise through subject matter experts, business mentors and a vibrant alumni startup community
- Opportunity for follow-on investment from Highline Beta
The 2023 Cohort Challenges
The Intuit Prosperity Accelerator™: Toronto is a 4-month program designed to support GTA tech startups in their efforts to advance innovation and improve the financial prosperity of Canadian consumers and small businesses.
Consumers
Mortgage & Rent Costs
Help Canadians adapt to an elevated interest rate environment
Rising interest rates are quickly increasing the cost of living and financial-related stress of Canadians.
- Assist in finding affordable mortgages with the highly competitive rates
- Assist in offering affordable rentals or homes
- Assist in accessing alternative mortgage / property buying approaches – e.g. rent to own programs, co-ownership models, distributorship ownership models, etc.
Savings & Investment
Help Canadians better manage savings and investment
50% of Canadians are concerned about their finances – from funding retirement, building a rainy day fund, or saving for a major purchase.
- Reduce expenses by accessing better prices for utilities, gas, food and everyday expenditures
- Provide accessible, individualized and automated savings plans
- Provide access to financial literacy programs
Debt & Income Stability
Empower Canadians to become debt-free faster
Under the current economic backdrop, nearly half of Canadians are concerned about the stability of their income and being able to pay off their debt.
- Assist with providing proactive and affordable repayment plans
- Find insurance solutions that mitigate employment loss
- Support transition from unemployment to self-employment or small business ownership
Small Businesses and Self-Employed Individuals
Rising Cost of Goods
Help small businesses manage disruption and rising costs
Under the current economic backdrop, nearly half of Canadians are concerned about the stability of their income and being able to pay off their debt.
- Assist with providing proactive and affordable repayment plans
- Find insurance solutions that mitigate employment loss
- Support transition from unemployment to self-employment or small business ownership
Attracting & Retaining Labor
Help small businesses win the war for talent
50% of Canadian small businesses have limited growth opportunities due to challenges with attracting, hiring and retaining a skilled workforce.
- Distribute employee incentivisation programs and benefits or introduce new ways for employees to get paid
- Deliver training and tools to enable small businesses to develop best in class cultures
Juggling Multiple Businesses
Help self-employed Canadians manage multiple businesses
Since the onset of COVID-19, many self-employed Canadians have been running multiple businesses or selling across multiple customer channels.
- Provide productivity and tools for multi-business management, freelancers and gig workers.
- Provide simplified and highly available access to professional advice
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Applicant Criteria
We are looking for applications from high-potential seed-stage tech startups located in the Greater Toronto Area who have solutions in market. Applications from pre-seed or later-stage companies will also be considered based on alignment with program challenges.
Success Criteria
- Seed-stage startup with a product in market (but also open to earlier and later stage companies)
- Open to Canadian startups (preferably within the GTA region, who can easily benefit from regular in-person programming in Toronto)
- Cross-functional team with in-house technological capabilities
- Driven, coachable, and collaborative leadership team that is ‘customer-obsessed’
- Alignment with Intuit’s mission and values
Why startups love the Intuit Prosperity Accelerator
We were able to achieve in a few months what otherwise would have taken years.
For a small team of five to work with a cornerstone of technology like Intuit is a dream come true.
This program gave us access to an experimentation platform that 10x our go-to-market from ideation to customer acquisition.
The Innovation Catalysts are phenomenal at applying the Design for Delight process to help us make our product the best that it can be.
Quotes from Alumni
About Intuit
Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. Serving more than 100 million customers worldwide with TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible.
About Highline Beta
Highline Beta is an accelerator builder-operator and venture capital firm focused on corporate innovation. We work with fortune 1000 companies to build new business models inside and outside their organization to unlock new areas of growth, and we work with and invest in remarkable startup founders who are building truly transformative ventures that positively impact industries across the globe. Highline Beta is Intuit’s partner in the Intuit Prosperity Accelerator. Highline Beta designs, executes and oversees the program, as well as advises on the selection of startups to participate.
