TECTERRA defines a transformational technology as one that significantly changes a market or industry landscape. It is a technology that disregards current trends; in effect, leaping beyond iterative advancements and altering the trajectory of that industry or market.
If you are an Alberta small or medium sized company working on geospatial technology products, you may qualify for a non-dilutive, 0% interest loan, repayable only after your product generates revenue.
The LEAP Program provides funding for projects with budgets greater than $1,000,000 with TECTERRA providing funding of up to 50% of your development and commercialization costs, to a maximum of $1,000,000 per project.
