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Innovation Catalyst Grant │ Government of Alberta

September 15, 2024

Value

Successful applicants (Fellows) will be awarded up to $250,000 over 2 years in fellowship and seed funding.

Description

The Innovation Catalyst Grant (ICG) is an entrepreneurial fellowship designed to support recent graduates (Master’s or PhD) in Science, Technology, Engineering and Mathematics (STEM) disciplines. This grant provides a 2-year runway for applicants to develop and commercialize innovative, science-based products and services that contain a hardware component.

Eligible Applicants

To become an ICG Fellow and participate in the program, you must be:

  • a graduate of an advanced STEM degree (Master’s, PhD) within the last 5 years
  • the primary technology innovator(s) of a science-based business or product concept, with hardware component
  • able to demonstrate access or reasonable steps toward the legal right to commercialize the underlying intellectual property
  • willing to commit to the Fellowship as their full-time job
  • a resident of Alberta with the legal right to work in Canada throughout the program
  • prepared and able to incorporate the venture in Alberta or Canada once accepted and operate in Alberta for at least 3 years after the conclusion of the ICG Fellowship

Eligible Expenses

The ICG is designed to provide aspiring entrepreneurs with:

  • annual stipend
  • seed funding
  • lab and office access
  • technical mentorship
  • business development and networking

Deadline Date

Submission deadline is September 15, 2024.

Contact

Contact Name: ICG Program

E-mail Address: icg@gov.ab.ca

Website: https://www.alberta.ca/innovation-catalyst-grant

Industry:

Software/Technology, University Partnerships

Location:

Alberta

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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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