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Alberta Business Grants Ltd.

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Industry R&D Associates Program | Alberta Innovates

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Value

Up to $105,000 in non-dilutive funding.

Description

The commercialization of innovative technology and knowledge-based products is critical to Alberta’s global competitiveness. Reducing the time to commercialize innovations is a priority for research and development-based SMEs. Access to non-dilutive funding that de-risks technology or knowledge-based product development has been identified as a critical success factor.

Alberta Innovates developed the Industry r&D Associate Program (the “Program”) to provide high potential, high growth SME’s, with novel, promising technologies, strong management, and an identified product-market fit, with in-house professional research and development capability. The goal is to advance the accelerate new product commercialization.

Eligible Applicants

  • You have fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue.
  • You can contribute a minimum of 25 per cent cash contribution of the total annual base salary of the Associate.
  • You have an innovative solution that offers significant competitive advantage over existing solutions.
  • You are an Alberta based and owned company.
  • You do not have more than two active Alberta Innovates-funded Associates simultaneously.
  • You have an innovate solution that offers a significant competitive advantage over existing solutions.

Eligible Expenses

Alberta Innovates only funds reasonable costs incurred after an Investment Agreement is signed by Alberta Innovates and the Applicant. Any costs incurred before the signing of the Investment Agreement, and costs greater than market prices, are ineligible. Costs must be incurred between arm’s length- entities. Please refer to Schedule B in the Investment Agreement posted on the Industry r&D Associate web page for detailed information, including eligible and ineligible expenses.

Deadline Date

Continuous Intake.

Contact

Contact Name: Alberta Innovates

Phone Number: 403-210-5229

E-mail Address: intake@albertainnovates.ca

Website: https://albertainnovates.ca/funding/industry-rd-associates-program/

Industry:

Employment, Software/Technology

Location:

Alberta

Tags:

Entrepreneurship, Innovation, R&D, SMEs

I’m going to let you in on a secret: You don’t have to waste countless hours or drown in paperwork to win grants

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Contact

1-780-297-6177
davidk@albertabusinessgrants.ca

Alberta Business Grants
Edmonton, Alberta
Canada

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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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