Alberta Innovates — Alberta Scaleup and Growth Accelerators Program
AB, Canada
Accelerator program for entrepreneurs in Alberta
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- grant_single|noCondition
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- grant_single|timelineUnspecified
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Expert Advice
Partnering and Collaboration
Other Support
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Information and cultural industries
- Health care and social assistance
- Public administration
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- Alberta Innovates
- Government of Alberta
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grant_card_status|open
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Access one-on-one business coaching, entrepreneurial training and resources as you prepare to scale and grow your start-up.
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This grant is available to companies located in Alberta, Canada, as part of the province's economic development strategy. The program leverages partnerships with various Alberta entities to support local scale-up initiatives.
- Businesses based in Alberta, Canada.
grant_single|admissibleProjectsExample
$30,000
Providing mentorship and investor access for a new social enterprise
$35,000
Expanding a tech startup through mentorship and access to investors
$40,000
Diversifying a small tech business through innovation and mentorship
$37,000
Enhancing a Vancouver-based non-profit with autonomous revenue through entrepreneurship training
$55,000
Scaling an innovative health-tech company through investor access and business services
$50,000
Supporting an agri-food company with a roadmap for growth
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Eligibility for this program requires alignment with specific types of technologies and business stages.
- The company must be a startup or small business located in Alberta.
- The business should be in the technology sector, including sustainable innovations, digital health innovations, or sector-agnostic technologies.
- Companies focused on social, community, or wellness benefits using AI and machine learning are eligible.
- Agri-food companies looking for a comprehensive growth roadmap are also eligible.
grant_eligibility_criteria|who_can_apply
The Alberta Scaleup and Growth Accelerator Program is open to startups and small businesses based in Alberta that are looking to scale and grow their operations. The program targets various sectors through different accelerators, including sector-agnostic tech companies, tech startups focused on sustainable and digital health innovations, social enterprises utilizing AI for community benefits, early-stage tech startups, and agri-food ventures. Each accelerator caters to specific types of ventures:- Alberta Accelerator by 500: For sector-agnostic tech companies.- Plug and Play Alberta: For tech companies focused on sustainable innovations, digital health, and sector-agnostic innovation.- Community Safety and Wellness Accelerator: For tech companies using AI and machine learning for social, community, or wellness benefits.- Alberta Catalyzer: For early-stage tech startups preparing to scale up.- SVG| THRIVE Canada Accelerator: For agri-food companies, offering a roadmap from venture studio to acceleration.
grant_eligibility_criteria|who_cannot_apply
There are specific types of companies that are not eligible for the Alberta Scaleup and Growth Accelerator Program:
- Non-tech companies
- Companies not focused on innovation and growth
- Companies with no intention of scaling or going global
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The Alberta Scaleup and Growth Accelerator Program offers support for tech startups at various stages to help them scale and prosper. It involves participation in accelerator programs and joining a network that provides continuous growth support.
- Participation in the Alberta Accelerator by 500 for sector agnostic tech companies.
- Involvement with Plug and Play Alberta for tech companies focusing on sustainable innovations and digital health.
- Engagement with the Community Safety and Wellness Accelerator for tech utilizing AI and machine learning for social benefits.
- Joining the Alberta Catalyzer for early-stage tech startups.
- Utilizing SVG|THRIVE Canada Accelerator for agri-food companies requiring end-to-end support from venture studio to fund.
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The evaluation and selection criteria for the Alberta Scaleup and Growth Accelerator Program are as follows:
- Innovation and scalability of the business idea or project.
- Potential for economic growth and job creation in Alberta.
- Demonstrated need for the services provided by the accelerator.
- Alignment with the program's focus on supporting companies in scaling up and going global.
grant_single_labels|register
- Step 1: Identify Suitable Accelerator
- Review the list of available accelerators to determine which aligns with your business sector and needs.
- Consider the focus areas of each accelerator: Alberta Accelerator by 500 (sector agnostic tech companies), Plug and Play Alberta (sustainable innovations and digital health), Community Safety and Wellness Accelerator (AI and machine learning for social benefit), Alberta Catalyzer (early-stage tech startups), and SVG|THRIVE Canada Accelerator (agri-food sector).
- Step 2: Access Accelerator Portal
- Visit the specific portal of the chosen accelerator listed in the program documentation.
- Step 3: Submit Application to Accelerator
- Follow the instructions on the accelerator's portal to complete your application.
- Prepare and provide necessary documents and information required by the accelerator for the application process.
- Ensure that all parts of the application are completed accurately and thoroughly before submission.
- Step 4: Await Confirmation
- Receive confirmation from the accelerator regarding the status of your application.
- Step 5: Participation in Accelerator
- If accepted, engage in the accelerator's programs and activities to support your scale-up journey.
- Step 6: Join Fellowship Alumni Network
- Post-completion, join the Fellowship Alumni Network to continue receiving support and connections.
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There are additional insights worth noting about the Alberta Scaleup and Growth Accelerator Program:
- Participants gain access to high-profile networks including government and industry leaders.
- Fellowship Alumni Network provides ongoing support post-program.
- Program leverages strategic partnerships with global accelerators for diverse entrepreneurial support.
- The program's goal includes fostering a global innovation mindset within Alberta.
- Accelerators involved do not take equity from participating companies.
- Program aims to diversify Alberta's economy by supporting new technology areas through entrepreneurship.
- The networking opportunities have reportedly led to tangible business partnerships for past participants.
- High performance teams are encouraged, focusing on diversity and cross-functionality.
- Participants can learn from industry experts through the Leading in Learning forum sessions.
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780-306-3071
Apply to this program
Unlock Global Growth with the Alberta Scaleup and Growth Accelerator Program
The Alberta Scaleup and Growth Accelerator Program aims to assist entrepreneurs in overcoming the challenges of scaling their businesses, thereby enabling them to reach new heights and enter global markets. Backed by significant support from multiple governmental layers, it provides vital mentorship, investment opportunities, and strategic networking via expert accelerators.
In-Depth Overview of the Alberta Scaleup and Growth Accelerator Program
The Alberta Scaleup and Growth Accelerator Program is a cutting-edge initiative designed to close the gap in business scaling within Alberta. It specifically seeks to elevate startups that have successfully survived their initial phases but need additional support to transform from small-scale operations into mid-sized and, subsequently, large enterprises. This program, supported through a partnership of Alberta Innovates and backed by the Government of Alberta, Prairies Economic Development Canada, and significant municipal investments, offers a multi-tiered approach to business acceleration.
Distinct from many global initiatives, the Alberta Scaleup and Growth Accelerator Program leverages partnerships with both local and international accelerators to provide a comprehensive suite of services at no cost to participating companies. The program integrates the expertise of several renowned accelerators, including Alberta Catalyzer Pre–Accelerator, Alberta Accelerator by 500, Plug and Play Alberta Accelerator, Telus Community Safety and Wellness Accelerator powered by Alchemist, and SVG Thrive Studio for agricultural startups, among others. This expansive network ensures that participants receive robust mentorship, access to industry leaders, and potential investors crucial for sustainable growth.
A core aim of the program is to diversify Alberta's economic landscape by fostering entrepreneurship in pioneering industries that promise high-quality job creation. It emphasizes not only technological advancements but also the socio-economic development that cascades from successful business scaling. Furthermore, the program strives to embed a global innovation mindset within Alberta, positioning the province as an attractive hub for technological firms and investments worldwide.
Moreover, the Alberta Scaleup and Growth Accelerator Program extends ongoing support through the Fellowship Alumni Network. Graduates of the program are invited to join this network, which offers continuous mentorship and resource sharing, helping entrepreneurs maintain momentum in their growth trajectories. This approach has proven effective, as illustrated by numerous testimonials from past participants, who highlight significant business expansions and partnership opportunities achieved through the program.
This initiative does not just focus on business growth but also encourages a holistic learning experience through forums like the Leading in Learning sessions. These forums explore various dimensions of business success, such as having the right tools, fostering the appropriate mindset, and building multidisciplinary and high-impact teams to propel businesses towards reaching global heights.
The Alberta Scaleup and Growth Accelerator Program poses a strategic opportunity for entrepreneurs looking to elevate their businesses beyond borders. By offering access to a world-class network of accelerators without financial barriers, it is an invaluable pathway for scaling businesses in Alberta to innovate, expand, and contribute to a vibrant economic future for the province and beyond. Companies keen on joining the program are encouraged to apply for a fitting accelerator, thus beginning their journey to scale effectively and sustainably.
