Scale-up and Investment Challenge


Imaginal Ventures has partnered with Foresight CAC and Spring Activator to launch the 8-month Atlantic Canada Cleantech Scale-up and Impact Investment Challenge.

As a leader, you will learn how to scale your business for impact and growth; be prepared to interact effectively with investors. Gain access to $100,000 from impact investors and a network of investors for current and future investment rounds.

Cost: Sponsored

Application Deadline: March 17, 2023

Program Overview

Imaginal Ventures, Foresight Canada and Spring Activators are collaborating to bring a founder-centric ecosystem-building program for cleantech companies. By building the capability of both ventures and investors, we accelerate the growth of businesses ready to scale.

Through this collaborative model, we will recruit ten climate solution start-up entrepreneurs within Atlantic Canada and at least 20 investors from the Atlantic Provinces and across Canada.

What to Expect from this Scale-up and Investment Challenge

Over the course of 8 months, we offer three innovative programs designed to equip you with the necessary knowledge, skills, and capabilities to overcome challenges that hinder growth in the cleantech industry.

The Imaginal Scale-Up Program is a modern and innovative virtual 12-week program. This program supports founders and leaders to design, develop and implement strategies to create sustainable growth. The program uses evidence-based techniques that teach conscious decision-making, building a solid foundation to accelerate growth and impact.

Foresight’s Investment Readiness Program is grounded in its leading national program for Cleantech companies. The 4-week program is designed to prepare ventures for interfacing with investors.

Spring Activator’s Investor Challenge teaches impact investing and measurement to investors, including best practices around investing in uncertain times. The 11-week program includes due diligence, impact measurement, deal term negotiation and more.

Who Should Apply

Early-stage Cleantech companies in Atlantic Canada looking to raise capital from impact investors

Cleantech start-ups looking to access expertise to advance their growth

Individuals passionate about making the world a better place and developing solutions to address climate change

What You’ll Gain

Strategy to Scale
Your Business




Ben Wiper, Founder, Collaskins

“Collaskins had a lot of fun with the Imaginal team and learned a lot.  The CBOS method is novel and really resonated with our team.  It helped us more effectively assess, focus and set a course to scale our startup.”

Alex Russel, Director Business Operations, Rayleigh Solar Tech

“This was an excellent program to step away from the day-to-day operational grind and into higher level strategic thinking. Engaging instructors with a wealth of knowledge.”  

Lee Scully, Head of Operations, Drinkable

“Each session was very well run and organized, and it was great to connect and hear from other founders. We got to know each other and went through some solid programming.”

Program Milestones

Application Period: February - March 2023

Selection Period: March - April 2023

Imaginal's Scale-up Program: April – July 2023

Spring Activator's Investment Readiness Program: September 2023

Spring Activator's Impact Investor Challenge: January - March 2024

Finalist Selection: January - March 2024

Pitch Finale: March 2024

Explore Our Current Programs

Women Innovators Scale-up and Investment Program.

Women Innovators Scale-up and Investment Program

Imaginal Ventures invites Canadian women founders and leaders in technology businesses to take part in this virtual 24-week training, coaching and experiential learning program to help scale up and meet their venture capital development goals.

Application Deadline: TBC

Scale-up and Investment Challenge

Atlantic Cleantech

Imaginal Ventures has partnered with Foresight CAC and Spring Activator to launch the 8-month Atlantic Canada Cleantech Scale-up and Impact Investment Challenge.

Application Deadline: March 17, 2023

Scale-up and Investment Challenge

Health Solutions

Imaginal Ventures has partnered with the Nova Scotia Health Innovation Hub and Spring Activator to launch the 7-month Atlantic Canada Healthcare Solutions Scale-up and Impact Investment Challenge.

Application Deadline: June 16, 2023