What is the Critical Industrial
Technologies initiative?

ventureLAB is working with the Ontario Centre of Innovation (OCI), to drive the commercialization and adoption of critical technologies across Ontario’s mining, manufacturing, construction, and agri-food sectors.

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How We Help

ventureLAB supports SMEs building AI-powered solutions with advanced tools, expert guidance, and a collaborative innovation ecosystem.

Compatibility for the ventureLAB Technology Development Site

Satisfies eligibility requirements for either the CIT Development and Commercialization Program or the CIT Technology Access Program

Companies developing AI-driven solutions for the following sectors are eligible:

digging

Mining

industry-alt

Advanced
Manufacturing

user-hard-hat

user

Construction

wheat

Agri-Food

Duration: 3-6 months

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$11M+
Prototype & Testing Labs
50,000
Sq. Ft. Innovation Space
4,200+
Companies Supported
7,300+
Jobs Created by our Companies
$480M+
Invested in our Companies

Main offerings

  • Access to advanced GPUs, high-performance servers, and hardware-agnostic environment through our Ai Compute Lab
  • Access to AI Toolbox ready-to-use resources like curated datasets, pre-trained models, and tools for data labeling and governance
  • Access to AI Commercialization Hub to connect with industry and technology leaders, gain hands-on experience with real-world applications, and prepare their products for market success
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Additional Offerings

  • Technical Advisory: AI adoption advisory, product strategy, data governance, and product development
  • Technical Support: Minimum 10-15 hours per month per SME
  • Access to innovation space
  • Networking and collaboration opportunities
  • PR opportunities and social media exposure

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Our Team

Our experienced advisors bring deep expertise in fundraising, venture capital, and hardtech innovation, providing founders with personalized, actionable guidance at every stage of their funding journey.