We’re driving momentum for Canadian impact companies as they innovate, grow and scale. Get the expert guidance, resources, connections and support you need to reach your business goals faster.
3 Levels to Meet You Where You’re At
Build – For early-stage, pre-investment ventures
Lay the groundwork for your impact venture’s capital-raising journey. This async + cohort-based program will strengthen your investment understanding and readiness from the beginning, setting you up for success.
Elevate – For ventures that are currently raising, or will be soon
Facilitated funding roundtables designed to help you secure the investment you need to grow your venture. We can help you accelerate the likelihood, speed and amount of capital raised while equipping you with the knowledge, tools and connections for long-term success.
A customized, KPI-focused growth studio designed to support your scale with velocity and intention. We’ll help you navigate your specific challenges and chart a clear path to sustainable growth and expansion, built on the experience of our Spring Impact Capital VC fund.
Spring Co-CEO Caroline von Hirschberg shares why supporting founders at these key stages is so important and how Scale Ready is filling a critical gap for impact ventures (and we’re not just in BC anymore!).
We’re creating equitable opportunities for Canadian impact ventures to get the capital they need to grow, bridging the funding gaps from pre-seed to seed, and seed to Series A. These gaps often limit growth and can be even more complex for founders from equity-deserving groups.
You can enter Scale Ready at one of three levels based on the stage of your company. You’ll receive tailored training, investment readiness support and strategic planning for a future round or even the one you’re raising right now. Ventures with high growth potential will get custom support to develop growth plans, leverage market research and activate a tailored network of Entrepreneurs-in-Residence, subject matter experts and service partners.
Some of the most common challenges we help with include (but definitely aren’t limited to):
How to build a solid data room and where to begin
How to pick the right deal terms
Adjusting your pitch deck for different audiences
Understanding levers when negotiating with investors
The Chicken and Egg of raising funds to meet demand
How to manage leading while raising
Our goal isn’t just to help your impact venture grow, but to get you fully prepared to get the right backing with the right values-aligned capital.
All three Scale Ready levels are open to companies that:
Are based in Canada.
Are solving a social or environmental issue and contributing to one or more of the UN Sustainable Development Goals.
Are an incorporated Canadian company that is a private issuer according to Canadian securities laws.
All sectors are welcome, with tech-focused ventures being prioritized.
What do we mean by “impact”? Your venture is contributing to one or more of the UN Global Goals that includes, but isn’t limited to:
Healthtech/Femtech
Climate Tech/Cleantech
Responsible Consumption & Production
Reduced Inequalities
Education
Not sure if you have an impact venture? Reach out to our Program Manager at natalie@spring.is and she can take a look at what you’re doing through an impact lens.
All are welcome to apply. We are dedicated to providing a welcoming program environment without bias for everyone, including those from underrepresented and equity-deserving groups.
Partner Highlight
PACIFICAN
Pacific Economic Development Canada (PacifiCan) has made it possible for Spring to provide subsidized access to our Scale Ready program for BC founders. In collaboration with the Discovery Foundation, this 3-year project is part of PacifiCan’s $17 million in funding to support business growth in BC. Thank you, PacifiCan!
Each Scale Ready level has its own criteria and focus:
Build: Your company is pre-revenue or early-stage and eager to raise capital but new to the investment landscape. Ideal candidates are preparing to pitch for structured funding programs and looking for hands-on support in a cohort-based environment.
Elevate: Your company has an established product or service, is generating revenue or showing strong traction, and is planning to raise $150K–$1.5M within the next 12 months. Ideal candidates have completed a Friends & Family round and are ready to engage with angel investors or institutional capital.
Grow: Your tech-enabled company is launched, gaining early traction or revenue, and looking to raise $1.5M+ over the next 12–24 months. You’re planning to expand into new markets, scale operations or refine your product offering. Ideal candidates have completed or are starting to launch a pre-seed or seed round.
Not sure where you fit? Just complete this short quiz to find out or submit the application form and our team will reach out to help guide you.
The Women and Nonbinary Impact Network for Venture Capital (WIN-VC) is dedicated to gender-diversity, gender-lens investing and women-led businesses, aiming to drive progress for women entrepreneurs championing social or environmental impact. As a returning Spring partner, they are enabling us to provide subsidies for women and gender diverse founders to participate in Scale Ready.
Spring has a proven track record of supporting investment readiness and growth for impact companies with diverse leadership. Let us apply our expertise to help you get the results you need right now.