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Financing Small Business in Alberta

Small business financing in Alberta is a critical component that supports the economic growth and competitiveness of SMEs in the province. Access to tailored financial resources allows entrepreneurs to launch, manage, and grow their businesses in a dynamic economic environment. Whether it’s for purchasing equipment, developing new technologies, or improving infrastructure, the financing solutions available in Alberta, such as loans, grants, and other financial services, play a crucial role. Understanding these options and knowing how to use them effectively can make all the difference in a business’s success.

46 opportunities available
Alberta Innovates — Agriculture & Environment (AE) Program
Grant and FundingOpen

Alberta Innovates — Agriculture & Environment (AE) Program

Alberta Innovates
Fosters innovation and promotes sustainable practices in agriculture
Eligible Funding
  • Maximum amount : 750,000 $
  • Up to 50% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Professional, scientific and technical services
  • Public administration
Types of eligible projects
CommercializationEnvironment and ClimateInnovation
Regional Tariff Response Initiative (RTRI) — Prairie Provinces
Grant and FundingOpen

Regional Tariff Response Initiative (RTRI) — Prairie Provinces

Prairies Economic Development Canada (PrairiesCan), Government of Canada (GC)
Supports Prairie businesses impacted by trade tariffs and disruptions
Eligible Funding
  • Up to 25% of project cost
Eligible Industries
  • Manufacturing
  • Wholesale trade
  • Transportation and warehousing
  • Professional, scientific and technical services
Types of eligible projects
CommercializationTechnologyInnovation
Accelerating Innovations into CarE (AICE) – Validate
Grant and FundingClosed

Accelerating Innovations into CarE (AICE) – Validate

Alberta Innovates
Supports Alberta SMEs to validate health tech innovations
Eligible Funding
  • Maximum amount : 300,000 $
  • Up to 25% of project cost
Eligible Industries
  • Health care and social assistance
Types of eligible projects
CommercializationTechnologyInnovationDigital Transformation
AFA — Public Art Galleries Operating Funding
Grant and FundingOpen

AFA — Public Art Galleries Operating Funding

Alberta Foundation for the Arts (AFA)
Three-year funding for Alberta public visual arts exhibitions
Eligible Funding
  • Up to 22% of project cost
Eligible Industries
  • Arts, entertainment and recreation
Types of eligible projects
Alberta Innovates — Alberta Digital Traction Program
Grant and FundingExpert AdviceOpen

Alberta Innovates — Alberta Digital Traction Program

Government of Alberta, Alberta Innovates
Non-dilutive funding and coaching to scale Alberta digital tech SMEs
Eligible Funding
  • Maximum amount : 50,000 $
  • Up to 75% of project cost
Eligible Industries
  • Information and cultural industries
  • Professional, scientific and technical services
Types of eligible projects
CommercializationTechnologyInnovation
Indigenous Employment Training Partnerships Program
Grant and FundingOpen

Indigenous Employment Training Partnerships Program

Government of Alberta
Funding for group training projects to support Indigenous communities
Eligible Funding
  • No Condition
Eligible Industries
  • All industries
Types of eligible projects
Human Resources
Aboriginal Business Investment Fund
Grant and FundingClosed

Aboriginal Business Investment Fund

Government of Alberta, Ministry of Indigenous Relations (AB)
Funding for Alberta Indigenous community development
Eligible Funding
  • From $150,000 to $750,000
Eligible Industries
  • All industries
Types of eligible projects
Alberta Innovates — Voucher Program
Grant and FundingOpen

Alberta Innovates — Voucher Program

Government of Alberta, Alberta Innovates
Supports Alberta tech SMEs to commercialize innovative, market-ready technologies
Eligible Funding
  • From $10,001 to $100,000
  • Up to 75% of project cost
Eligible Industries
  • Information and cultural industries
  • Professional, scientific and technical services
Types of eligible projects
CommercializationTechnology
Big Future Innovation Grant
Grant and FundingOpen

Big Future Innovation Grant

Credit Unions of Alberta
Alberta innovation grants for eligible small businesses
Eligible Funding
  • Maximum amount : 25,000 $
Eligible Industries
  • All industries
Types of eligible projects
Innovation
PrairiesCan — Aerospace Regional Recovery Initiative (ARRI)
Other SupportGrant and FundingLoans and Capital investmentsOpen

PrairiesCan — Aerospace Regional Recovery Initiative (ARRI)

Prairies Economic Development Canada (PrairiesCan), Government of Canada (GC)
Funding to recover Canada's aerospace sector in the Prairie region
Eligible Funding
  • Up to 75% of project cost
Eligible Industries
  • Manufacturing
  • Professional, scientific and technical services
Types of eligible projects
CommercializationTechnologyEnvironment and ClimateInnovation
AFA — Theatre Individual Project Funding
Grant and FundingClosed

AFA — Theatre Individual Project Funding

Alberta Foundation for the Arts (AFA)
Funding for Alberta artists in theatre/performance project development
Eligible Funding
  • Maximum amount : 18,000 $
Eligible Industries
  • Arts, entertainment and recreation
Types of eligible projects
Alberta Export Expansion Program (AEEP)
Grant and FundingOpenClosing Soon

Alberta Export Expansion Program (AEEP)

Government of Alberta, Ministry of Labour and Immigration (AB)
Funding for Alberta exporters attending international trade events
Eligible Funding
  • Up to 50% of project cost
Eligible Industries
  • All industries
Types of eligible projects
CommercializationDigital Transformation
Alberta Innovates — Tech2Farm
Researchers And FacilitiesPartnering and CollaborationGrant and FundingExpert AdviceOpen

Alberta Innovates — Tech2Farm

Alberta Innovates
Supports Alberta SMEs to commercialize innovative agri-tech solutions
Eligible Funding
  • Maximum amount : 500,000 $
  • Up to 50% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
Types of eligible projects
CommercializationTechnologyEnvironment and ClimateInnovation
Alberta Innovates — Industry R&D Associates Program
Grant and FundingOpen

Alberta Innovates — Industry R&D Associates Program

Alberta Innovates
Funds Alberta tech firms for in-house research expertise
Eligible Funding
  • Maximum amount : 105,000 $
  • Up to 25% of project cost
Eligible Industries
  • Information and cultural industries
  • Professional, scientific and technical services
Types of eligible projects
Technology
Alberta Innovates — Digital Innovation in Clean Energy (DICE)
Grant and FundingClosed

Alberta Innovates — Digital Innovation in Clean Energy (DICE)

Alberta Innovates
Accelerate digital innovation to drive job creation, reduce emissions, and enhance energy efficiency
Eligible Funding
  • Maximum amount : 250,000 $
  • Up to 50% of project cost
Eligible Industries
  • Mining, quarrying, and oil and gas extraction
Types of eligible projects
Artificial Intelligence (AI)TechnologyEnvironment and ClimateInnovationDigital Transformation
Alberta Innovates — Agri-Food and Bioindustrial Innovation Program
Grant and FundingOpen

Alberta Innovates — Agri-Food and Bioindustrial Innovation Program

Alberta Innovates
Funding for agri-food and bioindustrial sector innovations
Eligible Funding
  • Maximum amount : 500,000 $
  • Up to 75% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Construction
  • Manufacturing
Types of eligible projects
CommercializationTechnologyEnvironment and ClimateInnovation
Digital Health Sandbox
Grant and FundingClosed

Digital Health Sandbox

Alberta Innovates
Accelerates digital health technology adoption in Alberta clinical settings
Eligible Funding
  • Maximum amount : 300,000 $
Eligible Industries
  • Professional, scientific and technical services
  • Educational services
  • Health care and social assistance
  • Public administration
Types of eligible projects
CommercializationTechnologyInnovationDigital Transformation
Alberta — Value-Added Program
Grant and FundingClosed

Alberta — Value-Added Program

Government of Alberta, Sustainable Canadian Agricultural Partnership (SCAP)
Alberta supports growth in value-added food sectors
Eligible Funding
  • From $50,000 to $250,000
  • Up to 25% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Manufacturing
Types of eligible projects
CommercializationInnovation
Renewable and Alternative Energy Program
Grant and FundingLoans and Capital investmentsOpen

Renewable and Alternative Energy Program

Alberta Innovates
Funds clean energy technologies for Alberta’s low‑carbon electricity transition
Eligible Funding
  • No Condition
Eligible Industries
  • Mining, quarrying, and oil and gas extraction
  • Utilities
  • Construction
  • Professional, scientific and technical services
Types of eligible projects
TechnologyEnvironment and ClimateInnovation
Alberta Media Fund — Project Script Development Grant
Grant and FundingClosed

Alberta Media Fund — Project Script Development Grant

Government of Alberta, Alberta Ministry of Arts, Culture and Status of Women (ACSW), Alberta Media Fund, Alberta Municipal Affairs
Grant for Alberta film script development
Eligible Funding
  • Maximum amount : 55,000 $
Eligible Industries
  • Information and cultural industries
Types of eligible projects
Digital Transformation
Alberta Innovates — Industry Commercialization Associates
Grant and FundingClosed

Alberta Innovates — Industry Commercialization Associates

Alberta Innovates
Supports commercialization by funding salaries for business innovation talent
Eligible Funding
  • Maximum amount : 120,000 $
  • Up to 75% of project cost
Eligible Industries
  • Professional, scientific and technical services
Types of eligible projects
Commercialization
Emerging Innovators Challenge
Grant and FundingClosed

Emerging Innovators Challenge

Government of Alberta, Emissions Reduction Alberta (ERA)
Money for GHG emissions reduction technologies in Alberta
Eligible Funding
  • Up to 50% of project cost
Eligible Industries
  • Manufacturing
  • Information and cultural industries
  • Professional, scientific and technical services
  • Administrative and support, waste management and remediation services
Types of eligible projects
Environment and Climate
AFA — Community Support Organizations Operating Funding
Grant and FundingClosed

AFA — Community Support Organizations Operating Funding

Alberta Foundation for the Arts (AFA)
Annual funding for arts-supporting nonprofit organizations in Alberta
Eligible Funding
  • No Condition
Eligible Industries
  • Arts, entertainment and recreation
Types of eligible projects
Alberta Innovates — R&D Associates Program
Grant and FundingWage Subsidies And InternsOpen

Alberta Innovates — R&D Associates Program

Government of Alberta, Alberta Innovates
Wage subsidy for an R&D associate in Alberta
Eligible Funding
  • Maximum amount : 105,000 $
  • Up to 25% of project cost
Eligible Industries
  • Information and cultural industries
  • Professional, scientific and technical services
Types of eligible projects
TechnologyInnovation
AFA — Artist Manager Program Funding
Grant and FundingClosed

AFA — Artist Manager Program Funding

Alberta Foundation for the Arts (AFA)
Funding for Alberta musicians' professional development at CMI
Eligible Funding
  • Maximum amount : 5,000 $
  • Up to 100% of project cost
Eligible Industries
  • Arts, entertainment and recreation
Types of eligible projects
STIP — Community Airport Program
Grant and FundingClosed

STIP — Community Airport Program

Government of Alberta
Maintains community airports for safety, development, and aviation operations
Eligible Funding
  • Up to 75% of project cost
Eligible Industries
  • Transportation and warehousing
Types of eligible projects
Carbon Capture Kickstart
Grant and FundingOpen

Carbon Capture Kickstart

Government of Alberta, Emissions Reduction Alberta (ERA)
Funding pre-construction studies for industrial carbon capture projects in Alberta
Eligible Funding
  • Maximum amount : 5,000,000 $
  • Up to 10% of project cost
Eligible Industries
  • Mining, quarrying, and oil and gas extraction
  • Utilities
  • Manufacturing
  • Public administration
Types of eligible projects
TechnologyEnvironment and ClimateConstruction and Renovation Innovation
Campus Alberta Small Business Engagement (CASBE) Program
Grant and FundingClosed

Campus Alberta Small Business Engagement (CASBE) Program

Natural Sciences and Engineering Research Council of Canada (NSERC), Alberta Innovates
Supports Alberta SMEs collaborating with post-secondary researchers for innovation
Eligible Funding
  • Maximum amount : 150,000 $
  • Up to 50% of project cost
Eligible Industries
  • Professional, scientific and technical services
Types of eligible projects
CommercializationTechnologyInnovation
Alberta Innovates — Strategic Networking and Development Program
Grant and FundingClosed

Alberta Innovates — Strategic Networking and Development Program

Alberta Innovates
Funds Alberta tech-events up to $25,000 for innovation
Eligible Funding
  • Maximum amount : 25,000 $
Eligible Industries
  • Professional, scientific and technical services
Types of eligible projects
Technology
Alberta Innovates — Commercialization Associates Program
Grant and FundingClosed

Alberta Innovates — Commercialization Associates Program

Government of Alberta, Alberta Innovates
Wage subsidy for commercialization associate's salary in Alberta
Eligible Funding
  • Maximum amount : 120,000 $
  • Up to 75% of project cost
Eligible Industries
  • Professional, scientific and technical services
Types of eligible projects
Commercialization
Lab Services Incentive Program (LSIP)
Grant and FundingClosed

Lab Services Incentive Program (LSIP)

Emissions Reduction Alberta (ERA)
Alberta's pilot program enhancing lab access for tech developers
Eligible Funding
  • Maximum amount : 100,000 $
  • Up to 60% of project cost
Eligible Industries
  • Mining, quarrying, and oil and gas extraction
  • Utilities
  • Professional, scientific and technical services
  • Educational services
Types of eligible projects
CommercializationTechnologyEnvironment and ClimateInnovation
Alberta Innovates — Micro Voucher Program
Grant and FundingOpen

Alberta Innovates — Micro Voucher Program

Government of Alberta, Alberta Innovates
Supports Alberta tech companies in developing innovative technological solutions
Eligible Funding
  • Maximum amount : 10,000 $
  • Up to 75% of project cost
Eligible Industries
  • Professional, scientific and technical services
Types of eligible projects
CommercializationTechnology
Accelerating Innovations into CarE (AICE) – Market Access
Grant and FundingClosed

Accelerating Innovations into CarE (AICE) – Market Access

Alberta Innovates
Funding for Alberta health tech market access
Eligible Funding
  • Maximum amount : 600,000 $
  • Up to 75% of project cost
Eligible Industries
  • Health care and social assistance
Types of eligible projects
CommercializationTechnologyInnovation
Accelerating Innovations into CarE (AICE) – Concepts
Grant and FundingClosed

Accelerating Innovations into CarE (AICE) – Concepts

Alberta Innovates
Accelerates Alberta health innovation with digital solutions
Eligible Funding
  • Maximum amount : 600,000 $
Eligible Industries
  • Health care and social assistance
Types of eligible projects
CommercializationTechnologyInnovationDigital Transformation
Alberta Innovates — Product Demonstration Program
Grant and FundingOpen

Alberta Innovates — Product Demonstration Program

Government of Alberta, Alberta Innovates
Voucher for advanced stage development in Alberta
Eligible Funding
  • Maximum amount : 150,000 $
  • Up to 75% of project cost
Eligible Industries
  • Professional, scientific and technical services
Types of eligible projects
Commercialization
SSRIA – Innovation Fund
Grant and FundingClosed

SSRIA – Innovation Fund

Smart Sustainable Resilient Infrastructure Association (SSRIA)
Accelerate low-carbon solutions in building construction and operations through substantial funding and industry collaboration
Eligible Funding
  • Maximum amount : 300,000 $
  • Up to 70% of project cost
Eligible Industries
  • Construction
Types of eligible projects
TechnologyEnvironment and ClimateConstruction and Renovation Innovation
Active Communities Initiative
Grant and FundingClosed

Active Communities Initiative

Government of Alberta
Supports developing and improving public community sport and recreation facilities
Eligible Funding
  • From $50,000 to $1,500,000
  • Up to 50% of project cost
Eligible Industries
  • Arts, entertainment and recreation
Types of eligible projects
Alberta Innovates — International Technology Partnership (ITP) Program
Partnering and CollaborationGrant and FundingOpen

Alberta Innovates — International Technology Partnership (ITP) Program

Government of Alberta, Alberta Innovates
Support to de-risk the commercialization of innovative technology in Alberta
Eligible Funding
  • Maximum amount : 250,000 $
  • Up to 100% of project cost
Eligible Industries
  • Professional, scientific and technical services
Types of eligible projects
CommercializationTechnology
AFA — Indigenous Arts Individual Project Funding
Grant and FundingClosed

AFA — Indigenous Arts Individual Project Funding

Alberta Foundation for the Arts (AFA)
Funding opportunity for Indigenous artists' development in Alberta
Eligible Funding
  • Maximum amount : 18,000 $
Eligible Industries
  • Arts, entertainment and recreation
Types of eligible projects
Alberta Manufacturing Productivity Grant (AMPG)
Grant and FundingOpen

Alberta Manufacturing Productivity Grant (AMPG)

Government of Alberta, Canadian Manufacturers & Exporters (CME)
Funding for Alberta manufacturers to enhance productivity through technology adoption
Eligible Funding
  • Maximum amount : 30,000 $
  • Up to 50% of project cost
Eligible Industries
  • All industries
Types of eligible projects
Artificial Intelligence (AI)TechnologyDigital Transformation
Technology Funding
Grant and FundingOpen

Technology Funding

Emissions Reduction Alberta (ERA), Government of Alberta
Money for innovative technology projects
Eligible Funding
  • No Condition
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Mining, quarrying, and oil and gas extraction
  • Utilities
  • Manufacturing
Types of eligible projects
TechnologyEnvironment and Climate
Energy Savings for Business Program
Grant and FundingClosed

Energy Savings for Business Program

Government of Alberta, Emissions Reduction Alberta (ERA)
Funding for Alberta SMEs to improve efficiency
Eligible Funding
  • From $500 to $250,000
  • Up to 50% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Utilities
  • Manufacturing
  • Retail trade
Types of eligible projects
Environment and Climate
Alberta Media Fund — Alberta Made Production Grant
Grant and FundingClosed

Alberta Media Fund — Alberta Made Production Grant

Government of Alberta, Alberta Ministry of Arts, Culture and Status of Women (ACSW), Alberta Municipal Affairs
Funds for small-budget productions in Alberta
Eligible Funding
  • Maximum amount : 125,000 $
  • Up to 25% of project cost
Eligible Industries
  • Arts, entertainment and recreation
Types of eligible projects
Human Resources
Alberta Innovates — Enabling Better Health through Artificial Intelligence
Grant and FundingOpen

Alberta Innovates — Enabling Better Health through Artificial Intelligence

Alberta Innovates
Funding innovative AI-driven solutions to advance health in Alberta
Eligible Funding
  • Maximum amount : 800,000 $
Eligible Industries
  • Health care and social assistance
Types of eligible projects
Artificial Intelligence (AI)
Accelerate Fund
Grant and FundingOpen

Accelerate Fund

Yaletown Partners
Early investment and coaching for Alberta startups
Eligible Funding
  • Maximum amount : 250,000 $
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Manufacturing
  • Information and cultural industries
  • Professional, scientific and technical services
Types of eligible projects
CommercializationTechnologyInnovation
Alberta Innovates — Land and Biodiversity Program
Grant and FundingArchived

Alberta Innovates — Land and Biodiversity Program

Alberta Innovates
Funding for sustainable land use and biodiversity innovation initiatives
Eligible Funding
  • Maximum amount : 2,000,000 $
  • Up to 50% of project cost
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Mining, quarrying, and oil and gas extraction
  • Utilities
  • Professional, scientific and technical services
Types of eligible projects
Environment and Climate

What is the experience of businesses in Alberta with financing services?

Common Questions about SMB Financning

How can startup businesses in Alberta get a loan?

What financing solutions are suitable for small businesses in the growth phase in Alberta?

What criteria do lenders evaluate when assessing the creditworthiness of small businesses in Alberta?

How can businesses in Alberta optimize their financial situation to obtain favorable credit?

What else should I know about Small Business Financing in Alberta?

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