Measuring the firm-level impact of the Canadian Technology Accelerator program - 2024-01-01 (English, HTML)

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2025-11-26

The Canadian Technology Accelerator (CTA) program, administered by Global Affairs Canada since 2013, was introduced to facilitate the international expansion of high-potential Canadian Small and Medium Enterprises (SMEs). Previous reports, including the "Results and Outcomes Report 2019-2020" and the program evaluation for the Federal Government budget renewal in 2023, have highlighted positive outcomes such as increased revenue, job creation, and capital raised for CTA firms. This study starts by finding similar correlations. Firms that participated in the CTA experienced accelerated growth in revenue, assets, payroll, expenditures, Scientific Research and Experimental Development (SRED) expenditures, and investment in machinery and equipment.

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