Creative Destruction Lab

Creative Destruction Lab (CDL) is a nonprofit organization founded in 2012 at the Rotman School of Management at the University of Toronto. It operates globally across multiple locations, including Canada, the United States, Europe, Australia, and Asia. CDL is designed for seed-stage, science- and technology-based companies, focusing on enhancing the commercialization of science through entrepreneurship.

CDL invests in massively scalable, seed-stage companies across various sectors, including Advanced Therapies, AgriFood, Artificial Intelligence, Biomedical Engineering, Climate, Energy, Health, Manufacturing, Quantum, and more. The organization employs an objectives-based mentoring process, connecting entrepreneurs with experienced mentors to help prioritize tasks and maximize the probability of success.

CDL offers zero equity and zero fees, providing an objectives-based mentorship program that connects entrepreneurs with experienced mentors. The program is designed to enhance the probability of success through disciplined execution and provides a strong signal to investors.

Q: What is the duration of the program? A: The program lasts for 9 months with 5 full-day objective-setting sessions at 8-week intervals. Q: Is there an application fee? A: No, CDL does not charge any fees. Q: What is the equity stake taken by CDL? A: CDL takes zero equity from participating companies.