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Programme

Lazaridis ScaleUp Program

Leadership Capacity

Impact for scaleups

CA$2bn+

in new funding

53%

Average Annualised Employee Growth Rate

114%

Average annualised revenue growth rate

78%

Of the participants accessed new markets

46%

Of the Founders are from under-represented groups

Key sectors

Technology & Communications

Canada’s Lazaridis ScaleUp Programme is a 12-month programme of education, peer networking and mentorship. Based at Wilfrid Laurier University, it brings together the most promising scaleup tech companies from across Canada and connects them with a network of senior talent from successful firms. 

Customised engagement is designed to help them to scale and compete globally while remaining domiciled in Canada. Cohorts of the most promising companies are selected from a diverse range of sectors including AI, medtech, fintech, agritech, tech-enabled retailers and oil and gas. Support is extended to the wider executive teams of scaleups rather than focusing solely on founders; this includes access to function-oriented peer groups.

Lazaridis runs all-cohort events to further expand trusted peer networks with speakers drawn from globally successful companies. The ScaleUp programme has been delivered on a hybrid model since the pandemic, allowing to complement and enrich in-person events with the best of virtual learning practices. In 2023, the current cohort participants were brought to Palo Alto and New York, in both cities, scaleups took advantage of the visit to book time with customers, partners, and potential investors.

Since its launch in 2016, Lazaridis has supported 829 executives and 83 scaling companies that have raised more than CA$2.2bn in new funding and created 4,285 jobs. Now on its eighth cohort, the programme has a strong impact on scaleups. Scaleups show an average annualised growth rate of 53% in employment and 114% in revenues, while all participating scaleups reported increased confidence or leadership capacity. Additionally, 89 per cent of the participating scaleups have now  identified new markets, , 67 per cent have now started exporting, and 78 per cent have accessed new markets including Europe, Asia, Middle East, UAE and USA.

In October 2022, Lazaridis also hosted its first in-person all-cohort event since 2019. Supported by serial entrepreneur Marnie Walker, the event gave more than 50 scaleups the opportunity to share experiences and learn from Lazaridis mentors and industry luminaries. 

The programme’s commitment to diversity is a key priority with 46 percent of founders being from an under-represented group. Cleantech and greentech companies and social enterprises represent 20 percent of Lazaridis scaleups.

“One of the most valuable aspects of Lazaridis ScaleUp is the network that you create with your peers. Everyone is an absolute rock star!”
– Marnee Brick, President and Co-Founder, TinyEYE Therapy Services

“I find the opportunity to interact with our cohort colleagues to be the most valuable part of the Lazaridis program. I had good conversations with several peers and gained insights and ideas about what we can implement in our company.”
– Jesse Smith, VP of Product, Agency Analytics

 

Lazaridis ScaleUp Program website