In line with Government of Alberta priorities and the Alberta Innovates Bio Solutions Business Plan, the purpose of the Alberta Bio Future program is to increase the value derived from Alberta’s abundant, renewable biomass resource, and to expand a competitive, sustainable and profitable bio industrial sector (materials, chemicals and energy) through an integrated program with a strong industry focus. In addition to supporting the forest and agriculture sectors, the Alberta Bio Future program represents a potentially significant opportunity to diversify the provincial economy.
Alberta Bio Future is the overarching program that will provide funding in these three priority areas:
- Discovery and developmental research
- Testing and commercialization
- Equipment utilization