How much funding can be received?

Funds up to 25% of admissible expenses, capped at $105000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Alberta Innovates — Industry R&D Associates Program?

Alberta Innovates — Industry R&D Associates Program is funded by Alberta Innovates

What are Alberta Innovates — Industry R&D Associates Program's eligibility criterias?

The company must be Alberta-based and owned with a significant physical and corporate presence in Alberta. The organization must be a for-profit Corporation, General Partnership, Limited Partnership, or Limited Liability Partnership registered in Alberta. Having fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue is required.

Alberta Innovates — Industry R&D Associates Program

grant_single|update January 24, 2025

AB, Canada

Funds Alberta tech firms for in-house research expertise

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grant_single|openingDate January 1, 2023

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Grant and Funding

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Information and cultural industries
Professional, scientific and technical services

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Alberta Innovates

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The Industry R&D Associates Program provides Alberta-based small to medium tech enterprises with up to $105,000 in non-dilutive funding to employ in-house professional research and development expertise. This funding supports the acceleration of new technology development, the attraction and retention of technical expertise, and the de-risking of innovative product scaling.

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The Industry r&D Associates Program provides structured financial support designed to enhance the research and development capabilities of Alberta-based tech companies. Funding is allocated to assist these companies in covering part of the salary costs associated with hiring professional research and development personnel for innovative projects.

Offers up to $105,000 in non-dilutive funding to cover salary costs for an Associate.
Requires a minimum 25 per cent cash contribution of the total annual base salary by the applicant.

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The Industry r&D Associates Program is designed to accelerate the development of new technology and innovative solutions within Alberta's tech sector. The funding focuses on various activities that enhance research and development capabilities and de-risk product scaling.

Hiring in-house professional research and development expertise to aid in technology advancement.
Facilitating the development and scaling of innovative solutions that provide a competitive edge in the market.
Supporting the integration of technical expertise to bolster innovative product development.

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To be eligible for this grant, companies must meet specific criteria related to location, size, financial capacity, and project nature.

The company must have fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue.
The company must be able to contribute a minimum of 25% cash contribution of the total annual base salary of the Associate.
The company must have an innovative solution that offers a significant competitive advantage over existing solutions.
The company must be based and owned in Alberta.
The company cannot have more than two active Alberta Innovates-funded Associates simultaneously.
The entity must be a for-profit Corporation, General Partnership, Limited Partnership, or Limited Liability Partnership registered in Alberta.
The company must have a significant physical and corporate operations footprint in Alberta, with appropriate Alberta ownership and intentions for operational benefits to primarily flow within the Province of Alberta.

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This grant program is targeted at Alberta-based small to medium enterprises (SMEs) in the technology sector that are looking to employ in-house professional research and developmental expertise.

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This grant is available to companies located in specific geographical areas within Alberta, ensuring that operational benefits primarily flow within the Province of Alberta. The program targets Alberta-based tech companies for innovation development.

Companies based in Alberta, Canada.

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Here is additional relevant information for this grant:

The program operates on a continuous intake basis, meaning applications can be submitted at any time without a fixed deadline.
Alberta Innovates staff and external expert reviewers evaluate the applications for alignment with the program's goals.
Applicants should refer to Schedule C of the Investment Agreement Template for details on eligible expenses.
Applicants are encouraged to contact a Technology Development Advisor for guidance during the application process.