Grants to support business and technology development
Vouchers help Alberta’s high potential, high growth, technology and knowledge-based small- and medium-sized enterprises (SMEs) with technologies in the mid-to-late developmental stages but may include some early developmental stages. (See Technology Readiness Levels).
Eligible applicants can apply for funding up to $100,000 to help cover the costs of up to three service providers for the purpose of business and technology development related to the following activities:
- New product research and development;
- Leading-edge design, engineering and prototype development;
- Advanced product testing and refinement;
- Patent development;
- Advanced market assessments; and/or
- Other technology development activities may be considered on a case by case basis.
Please note: the applicant pays a minimum 25 percent cash contribution of the total eligible project costs.
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