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International Technology Partnership Program (ITP) │ Alberta Innovates

none

Value

up to $250,000

Description

The International Technology Partnership Program (the “Program” or “ITP”) is to support Alberta’s high potential, high growth, Small to Medium-Sized Enterprises (“the “Applicant” or “SME”) to commercialize their products, achieve optimal market position, increase revenue and potentially expand into global markets.

Eligible Applicants

The International Technology Partnership Program is open to For-Profit Organizations In addition, to qualify for funding, the Applicant must:

  • Exist as a corporate person, with up-to-date corporate filings;
  • Be authorized to undertake the proposed project, and execute a grant with Alberta Innovates on our standard terms; and
  • Not otherwise be prohibited from receiving Alberta Innovates funding, for instance due to a past bad debt or otherwise not be in good financial standing with Alberta Innovates or its subsidiaries, InnoTech Alberta and C-FER Technologies.
  • Be incorporated in Alberta AND/OR incorporated in another jurisdiction and extra-provincially registered in Alberta;
  • Be a General Partnership, Limited Partnership or Limited Liability Partnership and registered in Alberta.
  • To qualify as a small or medium enterprise (SME), a company must have fewer than 500 full time employees and less than $50,000,000 in annual gross revenue.
  • Companies must be Alberta-based with an Alberta footprint, which includes a significant physical and corporate operational presence in Alberta; appropriate Alberta ownership; and discernible intent that operational benefits will flow primarily within the Province of Alberta.

Please note: For Applicants that are not post-secondary institutions, Alberta Innovates may perform corporate, bankruptcy and litigation searches, and conduct other forms of due diligence on the Applicant and its principals.

International Technology Partners are required to:

  • Exist as a corporate person, with up-to-date corporate filings.
  • Be authorized to undertake the proposed project.
  • Demonstrate that the relationship between the Applicant and Partner/Strategic Partner/Service Provider/Collaborator does not create a conflict of interest.
  • Be at arm’s length from the Applicant (i.e., no legal relationship with the Applicant).
  • Provide a letter indicating the Partner’s/Service Provider’s/Collaborator’s intention to participate in the Project at the time of application.
  • Have the financial capability to purchase or enter into a distribution agreement of the product upon Project completion of a demonstration.
  • Show tangible resources committed to the Project.
  • Not otherwise be prohibited from receiving Alberta Innovates funding, for instance due to a past bad debt or otherwise not in good financial standing with Alberta Innovates or its subsidiaries, InnoTech Alberta and C-FER Technologies.

Note: The International Project Partner is not post-secondary institutions, Alberta Innovates may perform corporate, bankruptcy and litigation searches, and other forms of due diligence.

Eligible Expenses

To qualify for funding, all Projects must:

  • Align with the objectives of the ITP;
  • Show that the product is a viable technology at Technology Readiness Level (TRL) 6 to 8
  • Be stepped with critical “go/no go “milestones with measurable target outcomes
  • Be completed within an 18-month term;
  • Have the participation of at least one International Project Partner(s);
  • Outline the financial contribution required by Applicant; and/or
  • Comply with other criteria that Alberta Innovates may develop from time to time.

Deadline Date

Continuous Intake

Contact

Contact Name: ANGELA CONTARDI │ BUSINESS PARTNER, ENTREPRENEURIAL INVESMENTS

Phone Number: (780) 450-5126

E-mail Address: angela.contardi@albertainnovates.ca

Website: https://albertainnovates.ca/wp-content/uploads/2023/05/ITP-STANDARDIZED-PROGRAM-GUIDE_FINAL-2024-December.pdf

Industry:

Employment, Export

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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