FOR STUDENTS OR RECENT GRADS WITH BIG DREAMS AND AN ENTREPRENEURIAL MINDSET

Every year, we select 36 of the most entrepreneurial undergrads and recent grads from coast-to-coast who we believe have what it takes to build Canada’s next unicorn.

 

Whether you have a pre-existing early-stage startup that you want to take to the next level, or you have an idea that you want to turn into a reality, Next 36 can help. 

YOU’LL BE IN

GOOD COMPANY

WHAT YOU'LL GAIN

WORLD CLASS CURRICULUM

Learn how to build, launch and scale from successful entrepreneurs and award winning faculty.

ALUMNI COMMUNITY

Join a community of 1,000+ alumni and gain access to coaching, resources and big impact ventures.

INVESTMENT

Earn up to $50,000 in seed capital for your venture.

INCREDIBLE MENTORSHIP

Get the chance to be paired with a mentor who has successfully launched a venture and have them guide the way.

FREE OFFICE SPACE

You’ll have access to a productive workspace surrounded by likeminded talented entrepreneurs.

IN-KIND PRODUCTS AND SERVICES

Get the services your venture needs from our partners including cloud hosting, legal support and more.

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WHAT YOU'LL LEARN

Next 36 focuses on the growth of you, the founder, teaching you the core skills and strategies necessary for building a business. From how to compete with established competitors to how to read a term sheet and beyond, we’ve got you covered. Learn from successful entrepreneurs, business leaders and world-class faculty including:

STRATEGY AND
INNOVATION

AJAY AGRAWAL

Rotman School of
Management

DATA DRIVEN
DECISION MAKING

MARA LEDERMAN

Rotman School of
Management

Reza Headshot 2022

ECONOMICS OF
ENTREPRENEURSHIP

REZA SATCHU

Alignvest Management
Corporation

FINDING PRODUCT
MARKET FIT

JANET BANNISTER

Real Ventures

BUSINESS GOVERNMENT AND
THE GLOBAL ECONOMY

MARC BUSCH

Georgetown University

STORYTELLING AND
PERFECTING YOUR PITCH

KARL MARTIN

Integrate.ai, Next Founders Alumnus

MARK YOUR CALENDAR

Next 36 runs one cohort per year over eight months. The program’s first four months are part-time while you complete your academic year and balance building your venture, followed by a full-time intensive commitment from May until September.

Applications Open

October 17, 2022

Deadline To Apply

December 2, 2022

Program Runs (Part-Time)

January - April 2023

Program Runs (Full-Time)

May - August 2023

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VIRTUAL DELIVERY, INFINITE POSSIBILITY

“Being virtual was actually a bonus because Next 36 provided us with more hours of curriculum than any previous cohort. Additionally, we were able to have conversations with industry leaders and pioneers from South America, Europe, and Australia because of the remote environment and the value of the Next 36 brand”


– Sanchit Gupta, Co-founder of Depth Technology (Next 36, 2020)

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WHO WE'RE LOOKING FOR

YOU’RE A DREAMER, BUILDER, DISRUPTER: AN ENTREPRENEUR.

Next 36 accepts undergrads, masters students and recent grads from schools across Canada, from any academic discipline. Whether you have an early stage venture, or you’re looking to start something brand new, Next 36 can help.

 

We’re looking for:

Problem Solvers

Social Champions

Community Leaders

Academic Leaders

FREQUENTLY ASKED QUESTIONS

Program Delivery

How will the program be delivered?

The program consists of a remote period (Phase 1), from mid-January to the end of April, and an in-person period (Phase 2) from May through August 2023.

Eligibility and Application

I am not a Canadian citizen or permanent resident, can I still apply?

At this time, NEXT Canada only accepts Canadian citizens, permanent residents, or those with student/working visas.


However, if you intend to begin the process of applying for Permanent Resident status, or are already in the process of doing so, we will accept a notarized statement to this effect. If you intend to provide a statement to this effect, please contact us before submitting your application.


Can Next 36 help me with my startup Visa?
No, at this time, Next 36 does not support international applicants.


I am a Canadian student enrolled in an undergraduate program outside Canada. Can I apply?

Yes! Canadian citizens who are enrolled at international institutions can apply as long as you’re able to commit to attending the full summer program from early May to mid-August.


What grades do I need to get into the program?

There is no minimum GPA requirement. You’ll be asked for your GPA as part of the application, but it’s just one data point among many that we look at when reviewing your application.


Can I take other classes or be employed during the summer?

No, during the summer Entrepreneurship Institute (May-August) you have to be fully committed to the program. No other classes, jobs or side hustles.


Exceptions are only granted in extreme circumstances.

 

What kind of applicants are you looking for?

Next 36 is looking for students who have an entrepreneurial track record.
Show us that you’ve built something. Whether you’ve gone to hackathons, spearheaded a student club, started a company, or launched a social enterprise – we want to know about it. Tell us how you’ve identified opportunities, done something better or differently, and taken action to do something about it (even if that something failed spectacularly).


Can I apply with an existing venture?

Yes! You can apply with an existing early-stage venture. Typically, this venture may have small amounts of funding through grants, university programs or competitions but hasn’t taken any significant private investment.

Just remember, the application is an individual one so be sure all of your (eligible) co-founders also apply. Only successful co-founders at National Selection Weekend will officially be admitted into the Next 36 as “Lead Founders.”


What if I get into the program but my co-founders don’t?

There will be a second intake in February where we’ll open up applications for the Lead Founders’ co-founders who can apply or re-apply to get in to the program.


If they aren’t accepted during the second intake they will be considered “external co-founders”, and will have limited access to the program. Space permitting, external co-founders might have the opportunity to attend classes/workshops, may work out of the hot desk space, and can attend larger external events throughout the summer.

Program Costs

What does the program cost?

There is no fee to participate in Next 36. Entrepreneurs will only be expected to cover their summer living expenses including food and accommodations, as well as their travel to Toronto for the summer portion of the program.

Venture Funding and IP

Who owns the venture’s Intellectual Property? 

You do. Upon incorporation, all ventures take ownership of the IP created by their venture. Full details on IP ownership is provided to the entrepreneur in their participation agreement. 

 

Where does funding for the program come from? 

NEXT Canada is a non-profit charity, and funding for the program’s operational costs has been donated by a committed group of entrepreneurs, business leaders and partners who recognize the value of developing entrepreneurial talent in the next generation of Canadians. Equity funding for the ventures is provided through a fund backed by leading venture capital firms and entrepreneurs. 

 

How is my venture funded? 

Next 36 ventures may be provided with up to $50K in seed capital throughout the program. There will be several investment windows throughout the program. The amount of investment available increases at each window, while the number of ventures receiving funding decreases. As is the case in venture capital, stronger teams will receive more funding. 

 

Who are the equity investors in the Next 36? 

The investor group that makes up the Young Founders Fund includes leading Canadian VCs such as BDC Capital and Globalive Capital Inc., as well as a number of successful Canadian business entrepreneurs. 

 

What if my venture has an existing shareholders agreement? 

It’s highly recommended that ventures incorporate after being accepted into the program. Where this isn’t possible, all co-founder teams must agree to be governed by the Next 36 shareholder agreements. The venture must own all of its intellectual property.