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Discovery Parks: The GENERATOR Competition for Canadian Tech Startups

Application Deadline: Feb 4, 2022

The GENERATOR is a 5,000 sq. ft. incubator space available to promising BC tech startups on a competitive basis.

Discovery Parks runs The GENERATOR Competition annually to help BC tech startups get the start they need to help them thrive and grow. Competition winners receive a professional home for 12 months (FREE!); get to belong to an amazing community of tech entrepreneurs, and have access to mentors and programming. THE GENERATOR Program is based on the concept that free-flowing ideas, minimal barriers, and a belief in serendipity accelerate the growth and success of technology companies.

Eligibility

The GENERATOR competition is open to British Columbia tech startups with a product or service that is in market or is expected to launch in the next 6 months. Our program is ideally suited for companies that will have a maximum of 10 people working simultaneously working onsite at the office. We can accommodate larger teams depending on the team size of other companies in your cohort.

Companies in our current GENERATOR cohort are also welcome to apply to win an additional 12 months (max of 24 months combined

Application Procedure

Apply to The GENERATOR competition using our application form. You must include your business plan which should demonstrate why your startup has a high probability for success and potential for growth. Your business plan must be no longer than 5 pages, pdf format, and include sections that describe:

  • Challenge: What problem are you solving? How?
  • Product or Service: Include any technological advantages. Is there any IP?
  • Revenue model: How will your business make money?
  • Value proposition: Why will customers choose your product or service?
  • Go-to-market strategy: What’s your tactical plan?
  • Competition analysis: Who are your current and potential competitors? How are you different?
  • The Team: Who’s on your team? What’s their experience and area of expertise?
  • Supporting information: Key milestones and achievements, key metrics, past financing (if any) and future financing plans

Official Website: Discovery Parks: The GENERATOR Competition for Canadian Tech Startups

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