MacGuffin Quest, one of the games Execution Labs submitted to the App Store.
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Canadian gaming incubator offers $150K ‘loan’ program to help studios launch

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Gaming companies getting started in Canada have a new option to help them through the rough early stages of founding a company.

Canadian game incubator Execution Labs (XL) announced Monday that it has teamed up with BDC Venture Capital to offer $150,000 in convertible notes to firms that graduate from the labs’ incubator program.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.