Who is this for?

This 18-month program aims to help owners and franchisees of a portfolio of buildings, including hotels, motels, inns, gyms, clubs and spas. Applicants who have a planned retrofit or upgrade project within the next five years and/or have recently completed a building performance audit are encouraged to apply.

Who is this for?

What are the benefits of joining?

You will get:

  • Assessments of technologies that can maximize efficiency and reduce costs.
  • Support in the deployment of a technology upgrade.
  • The opportunity for funding through the Building Climate Assessment discount, which provides up to $20,000 in matching funds for procurement of a building climate assessment.

You can expect to achieve up to:

  • 40% savings on electricity costs and improved resilience with integrated solar, geothermal and battery storage.
  • 30% savings on heating and cooling costs with energy-efficient HVAC equipment and advanced window coatings.

Each business selected for this cohort will complete two phases of work: ‘Building the foundation’ and ‘Executing the transformation’. In the last phase, each business will complete an initial deployment project of a decarbonization technology with a climate venture in one of their buildings.

What are the benefits of joining?

Who can apply?

Owners, franchisees and leaders of organizations that fit the criteria below are welcome to apply.

  • Any number of storeys and square footage per building.
  • At least 3 buildings in an owner’s or brand’s portfolio.
  • Any annual revenue across an owner’s or brand’s portfolio.
  • The owner owns both the building(s) and the business(es) operating in the building(s).
  • Planned retrofit or upgrade project within the next five years, ideally with early planning steps (e.g., a building performance audit) already completed.

Even if you don’t fit all the criteria, you’re still encouraged to apply!

Who can apply?

How much does it cost?

There is no cost for participating in the cohort. MaRS is eager to facilitate connections that may have the capacity to fund innovative solutions to reduce energy consumption should your company see the value in adopting the technology.

How much does it cost?

Join the program!

Register for one of our applicant info sessions on October 6 or November 10 to learn more.

Apply for the program, or email questions to mfm@marsdd.com

Application deadline: December 11, 2026