Accelerating Innovations into CarE (AICE) – Market Access
AB, Canada
Funding for Alberta health tech market access
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|closingDateMarch 31, 2024
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Health care and social assistance
grant_single|grantors
- Alberta Innovates
grant_single|status
grant_card_status|closed
grant_single_labels|preview
The AICE-Market Access Program provides Alberta-based emerging health technology companies with up to $600,000 to conduct real-world implementation projects, feasibility studies, or clinical trials, facilitating the acceleration of market access and commercialization into care. The program focuses on supporting later validation and scaling stages for innovations that require significant clinical or user evidence prior to reaching the marketplace.
grant_single_labels|terms_and_conditions
This grant facilitates collaboration between Alberta-based SMEs and clinical testing sites by providing financial support under specified conditions. It also requires that projects benefit the Alberta economy substantially.
- Funding supports up to 75% of the total eligible project costs.
- A maximum of $600,000 CAD is available per approved project.
- Projects must span no more than 24 months to qualify for funding.
grant_single_labels|projects
The AICE-Market Access program supports Alberta SMEs in health technology sectors by funding projects that advance the commercialization process through evidence generation. Eligible activities focus on real-world applications, feasibility studies, and clinical trials with third-party partners.
- Real-world implementation projects of innovative health technologies.
- Feasibility studies for health technology innovations.
- Conducting clinical trials in partnership with independent testing sites.
grant_single|admissibleProjectsExample
$ 45,000
Creating a digital literacy program for seniors
$ 250,000
Initiating a renewable energy project for local businesses
$ 60,000
Establishing a community hydroponic farm for fresh produce
$ 100,000
Building an arts center for youth engagement and development
$ 80,000
Developing an eco-friendly packaging line for local products
$ 150,000
Launching a mobile health clinic for remote communities
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and project structure.
- The applicant must be a for-profit, small to medium-sized enterprise (SME) located in Alberta.
- The company must have a significant physical and corporate operational presence in Alberta.
- There must be appropriate Alberta ownership of the company.
- There should be a discernable intent that operational benefits will primarily flow within the province of Alberta.
- Projects must include a third-party independent clinical/user testing site as a co-applicant.
grant_eligibility_criteria|who_can_apply
Alberta-based, for-profit, small to medium-sized enterprises (SMEs) are eligible to apply for the AICE-Market Access Program. These enterprises must have a significant physical and corporate operational presence in Alberta, appropriate Alberta ownership, and a clear intent that operational benefits will primarily benefit the province of Alberta. Additionally, projects must include a third-party independent clinical/user testing site as a co-applicant.
grant_eligibility_criteria|zone
This grant is available exclusively to companies with a significant presence in a specific geographical area. Eligibility is determined based on the company's location and operational influence.
- Alberta-based companies.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are based on specific criteria to ensure alignment with the AICE-Market Access Program objectives.
- Strength of the market opportunity.
- Competitiveness of the proposal in the health innovation sector.
- Quality and realism of the advance to market plan.
- Comprehensiveness and viability of the project plan.
- Potential economic impact for Alberta.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Self Assess Fit
- Review the AICE - Market Access Program Guide and Support Resources.
- Confirm your fit to the detailed eligibility requirements and program objectives.
- Step 2: Complete Intake Form
- Access the SmartSimple online application portal.
- Create an account if necessary to access the portal.
- Complete and submit the "AICE Intake Form."
- Ensure the form is submitted at least 4 weeks before any full application deadline.
- Step 3: Attend Intake Meeting
- Wait for Alberta Innovates to schedule an intake meeting.
- Participate in the meeting to discuss program fit and receive application support.
- Step 4: Submit Full Application
- Complete the Full Application via the online application portal.
- Submit your full application by the specified submission dates:
- Prior to March 31, 2024 - applications are accepted on a continual basis.
- April 1, 2024 and Beyond - applications will be reviewed in batches on specific dates.
- Ensure applications are submitted by 4:00 pm (MT) on these dates:
- April 19, 2024
- August 16, 2024
- November 8, 2024
- Step 5: Evaluation Process
- Await notification from Alberta Innovates regarding the status of your application.
- Understand that applications are reviewed for market opportunity, competitiveness, project plan, and the potential economic impact for Alberta.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Alberta Innovates offers additional support through their Technology Development Advisors who provide business coaching and advice.
- There are partnered ecosystem offerings available that provide resources such as diagnostic expertise and health economics analysis.
- Applicants are eligible to reapply six months after their application has been declined.
- The application process includes an intake meeting to ensure program fit and support.
- Full applications are reviewed in multiple cohorts throughout the year, with specific submission dates.
grant_single_labels|contact
bindi.ferguson@albertainnovates.ca
780-306-1099
Apply to this program
Accelerating Market Access for Health Innovations
The Accelerating Innovations into CarE (AICE) – Market Access grant is designed to support Alberta-based emerging health technology companies. It offers significant financial assistance to aid these enterprises in generating essential evidence needed for market access and commercialization.
Exploring the AICE-Market Access Grant for Health Technology Companies
The AICE-Market Access grant is a strategic initiative aimed at empowering Alberta's emerging health technology sector. Specifically designed for small to medium-sized enterprises (SMEs) with a strong operational presence in Alberta, this grant provides substantial financial backing to ensure these companies can successfully scale their innovations to market. By offering up to $600,000, covering a maximum of 75% of eligible project costs, the program encourages companies to engage in real-world implementation projects, feasibility studies, or clinical trials of health technologies. This focus on later-stage validation underscores the grant's commitment to fostering innovations that are on the cusp of transforming healthcare delivery both locally and globally.
The overarching aim of AICE-Market Access is to streamline the transition from innovation to commercialization by supporting projects that have already passed initial development stages. This ensures that these innovations have a greater chance of success once introduced into the healthcare system. The program promotes partnerships with independent clinical or user testing sites worldwide, reflecting its global reach and enhancing the credibility of the evidence generated.
For applicants, the process involves several key steps: self-assessment for eligibility, submission through an online portal, and a waiting period for a scheduled intake meeting that ensures alignment with program goals. Successful applicants then proceed to a full application that is meticulously reviewed by both Alberta Innovates employees and external experts. The evaluation criteria prioritize the project's market opportunity, competitiveness, advancement plans, and potential economic impact within Alberta.
The program's strategic importance is heightened by the robust ecosystem of support offered to participants. Alberta Innovates collaborates with various partners to provide access to resources like the Alberta Diagnostic Ecosystem Platform for Translation, NAIT's Center for Advanced Medical Simulation, and Health Canada's regulatory learning tools, among others. These partnerships ensure that recipients not only secure funding but also gain access to a wealth of expertise and resources crucial for the successful commercialization of their innovations.
Furthermore, the grant aligns with Alberta's broader strategic initiatives, which include advancing digital health technologies to improve healthcare systems and outcomes for Albertans. By facilitating market access for innovative health technologies, the AICE-Market Access grant plays a pivotal role in catalyzing the growth of Alberta's health technology sector, ensuring that cutting-edge medical solutions are rapidly available to those who need them most.
In conclusion, the AICE-Market Access grant is a keystone program supporting Alberta's health technology landscape. By bridging the vital gap between innovation and market entry, it not only fosters the commercialization of innovative health solutions but also significantly contributes to the province's economic growth and the enhancement of public health outcomes. This program offers an unparalleled opportunity for Alberta-based SMEs to advance their health technologies and achieve successful market integration, thereby also contributing to the long-term sustainability of the healthcare sector in the region.
