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Alberta Petrochemicals Incentive Program

November 1, 2030

Value

Varies.
A 5 or 10-year program period, depending on the scope of the project, during which eligible projects must be built and operational to receive funding.

Description

The Alberta Petrochemicals Incentive Program (APIP) is a key part of Alberta’s Recovery Plan and the Natural Gas Vision and Strategy to turn the province into a top global producer of petrochemicals. It provides grants to companies to attract investment in new or expanded market-driven petrochemical facilities.

Eligible Applicants

The full eligibility criteria are available in the Program Guideline document. Applicants should always refer to the Program Guideline when making decisions on a project or seeking information on the program.

Project Eligibility: Eligible projects must meet these criteria, as well as those outlined in the Program Guideline:

  • The project must be physically located in Alberta.
  • The capital investment must be at least (CAD) $50 million.
  • The facility must use natural gas, natural gas liquids, or petrochemical intermediaries such as ethylene, propylene, benzene etc. in the manufacturing of its own products.
  • The project must create permanent jobs in Alberta.

Both new facilities, as well as brownfields and expansions on existing facilities, will be eligible for the program.

Eligible Expenses

Eligible Capital Costs:

  • The most advanced engineering cost estimates available, with a minimum of a Class 5 estimate;
  • High-level breakdown of assets associated with the project contributing to its estimated eligible capital cost used to calculate the grant amount (See Eligible Capital Costs section for more guidance).
  • Projects with a final investment decision before the launch of APIP, were required to file an Advance Notification until February 1, 2021. These projects were required to file an Advance Notification to determine eligibility and qualify within three months from the launch of the program.

Deadline Date

The program is open to applications starting from November 1, 2020, until November 1, 2030, based on capital investment.

Contact

Contact Name: Natural Gas Strategy and Engagement Branch

E-mail Address: energy.hydrogen@gov.ab.ca

Website: https://www.alberta.ca/alberta-petrochemicals-incentive-program.aspx

Location:

Alberta

Tags:

Producer

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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