Alberta Innovates — Commercialization Associates Program
AB, Canada
Wage subsidy for commercialization associate's salary in Alberta
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateJanuary 01, 2022
- grant_single|closingDateAugust 29, 2022
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Professional, scientific and technical services
grant_single|grantors
- Alberta Innovates
- Government of Alberta
grant_single|status
grant_card_status|closed
grant_single_labels|preview
Get up to $120,000 to cover up to 75% of the salary of a professional to conduct commercialization activities over a one-year project.
grant_single_labels|projects
There are specific projects and activities eligible for the Industry Commercialization Associates grant:
- Attracting and retaining business talent
- Accelerating the commercialization of new technology and innovative products
- Accessing financial resources to de-risk the commercialization of new tech or innovation-based products
- Promoting revenue, export growth, and investment positioning
grant_single|admissibleProjectsExample
$112,500
Vancouver
Recruiting a commercialization expert to launch zero-emission electric bicycles in regional markets
$105,000
Montreal
Engaging a business development manager to increase sales of organic health products in the Canadian market
$120,000
Edmonton
Employing an investment officer to attract venture capital for a renewable energy project
$120,000
Toronto
Hiring a marketing professional to develop export strategies for AI-driven software solutions
$97,500
Calgary
Appointing a financial consultant to improve access to funding for a biotech startup
$116,250
Ottawa
Hiring a commercialization strategist to promote smart home technology
grant_single_labels|admissibility
The Industry Commercialization Associates Program provides funding of up to $120,000 per year for employee salaries to drive business commercialization. Eligible companies must have fewer than 500 full-time employees, less than $50,000,000 in annual revenue, and be Alberta-based.
- You have fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue.
- You are an Alberta based and owned company.
- You can contribute a minimum of 25 per cent cash contribution of the total annual base salary of the Associate.
- You do not have more than two active Alberta Innovates-funded Associates simultaneously.
- You can find a complete list of all the eligibility requirements in the program guide.
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for this grant:
- Small to Medium Enterprises (SMEs) with fewer than 500 full-time employees
- Alberta-based and owned companies
grant_eligibility_criteria|who_cannot_apply
Based on the grant context provided, there are no specific types of companies mentioned that are not eligible for the Industry Commercialization Associates Program.
grant_eligibility_criteria|eligible_expenses
There are eligible expenses for this grant:
- Employee salary for promoting commercialization
grant_eligibility_criteria|zone
- Companies with more than 500 full-time employees
- Companies with over $50,000,000 in annual gross revenue
grant_single_labels|criteria
The Industry Commercialization Associates Program evaluates applications based on fit with program objectives and intended outcomes. Alberta Innovates' staff and external expert reviewers are involved in the evaluation process.
- Have fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue.
- Be an Alberta-based and owned company.
- Contribute a minimum of 25% cash contribution of the total annual base salary of the Associate.
- Not have more than two active Alberta Innovates-funded Associates simultaneously.
- Refer to the program guide for a complete list of eligibility requirements.
grant_single_labels|register
- Contact Alberta Innovates at intake@albertainnovates.ca or 403-210-5229 to express interest in the Industry Commercialization Associates Program.
- Review the eligibility criteria and ensure your company meets the requirements, such as having fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue.
- If eligible, prepare to contribute a minimum of 25% cash towards the total annual base salary for the Associate.
- Access and submit the application forms via SmartSimple, the online application portal, or consult your Technology Development Advisor for assistance.
grant_single_labels|contact
intake@albertainnovates.ca
403-210-5229
Apply to this program
Industry Commercialization Associates Grant Summary:
Receive up to $120,000 in non-dilutive funding per year for two years to cover an employee's salary in promoting business commercialization.
Industry Commercialization Associates Program Details:
The Industry Commercialization Associates Program offers Alberta-based small to medium enterprises the opportunity to secure up to $120,000 annually towards an employee's salary for up to two years. This initiative aims to help companies build a strong team, attract top talent, accelerate technology commercialization, access financial resources for innovative products, and enhance revenue growth and investment positioning.
To be eligible, companies must have fewer than 500 full-time employees, less than $50,000,000 in annual gross revenue, and commit a minimum of 25% cash to the total annual base salary of the Associate. The program is actively accepting applications on a continuous basis, providing a valuable opportunity for businesses looking to drive commercialization efforts in Alberta.
For in-depth guidance on the application process, eligibility criteria, and program benefits, businesses can access resources provided by Alberta Innovates. By leveraging the Industry Commercialization Associates Grant, companies can strengthen their market positioning, promote innovation, and contribute to economic growth in Alberta.
For more information or assistance with the application process, interested parties can reach out to Alberta Innovates' Technology Development Advisors or contact them directly at intake@albertainnovates.ca or 403-210-5229.