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Alberta Business Grants Ltd.

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HIRE Program | TECTERRA:

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Value

Non-repayable grant equivalent to 50% of the position salary for the first year of employment, up to $50,000.

Description

TECTERRA’s HIRE Program helps funds the first year of a new employee to support the development and commercialization of geomatics technology.  It is designed to create economic value for small Alberta companies by facilitating the first year of employment while de-risking the onboarding process.

If you are a geospatial company with fewer than 100 employees needing to hire an employee, you may qualify for a non-repayable grant equivalent to up to 50% of the position salary for the first year of employment, up to $50,000.

Eligible Applicants

  • Be submitted and led by an Alberta based start-up or small enterprise.
  • Must be a for-profit company.
  • Incorporated and operating in Alberta.
  • Minimum of one, and no more than 100, employees.
  • Annual sales revenue cannot exceed $5 million.
  • Must carry Commercial General Liability Insurance for a minimum of $2 million.
  • Preference is given when the primary business of the company is using location-based information, or geospatial development, technology deployment, technology solutions.

Eligible Expenses

TECTERRA will invest up to 50% of the first year’s salary, the remaining must be paid by the applicant. No stacking permitted.

  • TECTERRA matching funding amount is a maximum of $50,000
  • Funding for a HIRE will have the duration of 12 months
  • The salary must align with recognized industry standards
  • No stacking permitted.
  • Non-Eligible costs:
    • Bonuses.
    • Benefits.
    • Other expenses or fringe costs.

Deadline Date

The HIRE program is full and we are not accepting applications at this time.

Contact

Contact Name: TECTERRA

Phone Number: 403-532-4275

E-mail Address: admin@tecterra.com

Website: https://tecterra.com/business/hire/

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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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