Alberta Innovates — Technology Development Advisors

Eligibility for the grant primarily focuses on knowledge or technology-based small-to-medium size enterprises (SMEs) in Alberta. SMEs should demonstrate technology innovation as a high growth strategy and have progressed beyond the early stages of development.

• Knowledge or technology-based small-to-medium size enterprises (SMEs)
• Located in Alberta
• Using technology innovation as a high growth strategy
• Minimum viable product (MVP) in place
• In the final stages of validating the solution and demonstrating to initial users
• Established founding team
• Seed capital secured
• High potential concept or advanced technology (for very early stage clients)

Who is eligible?

Eligible expenses

The grant involves support from Technology Development Advisors (TDAs) who provide assistance to high-growth, high-potential companies in Alberta, focusing on business coaching, resource access, and economic contribution. However, the specific projects or activities eligible for this grant are not detailed in the given context.

Eligible geographic areas

This grant is available to companies operating within the regions of Alberta as outlined by the Technology Development Advisors. The eligible areas are part of the broader initiative to support regional innovation within the province.

• Calgary, Alberta
• Edmonton, Alberta
• Central Alberta, including Red Deer
• Lethbridge, Alberta
• Lloydminster, Alberta
• Medicine Hat, Alberta
• Southern Alberta, as part of the Regional Innovation Network
• Southeast Alberta, in partnership with regional network partners

There are evaluation and selection criteria for this grant. The Technology Development Advisors at Alberta Innovates assess applications based on the following criteria:

• Technology innovation and commercialization potential
• Market viability and growth potential
• Alignment with Alberta's economic and social objectives
• Demonstrated need for support and resources
• Overall impact on the Alberta innovation ecosystem

The technology development advisors provide personalized business guidance:

• Alberta companies can benefit from personalized coaching and mentoring from experienced Technology Development Advisors, helping them navigate the challenges of technology development and commercialization.
• Access to a network of industry professionals and resources in Alberta's innovation ecosystem is facilitated through these advisors.
• The advisors have diverse expertise across different sectors, including energy, agriculture, health, and technology, providing tailored advice according to the unique needs of each business.
• Workshops and events such as MVP Mondays and Founder Fridays are available to entrepreneurs to enhance their business skills and network with other startups.
• Technology Development Advisors have a wide range of skill sets including business strategy, intellectual property, market validation, and team development, offering comprehensive support to companies.
• Supporting innovation across various stages, from ideation to market entry, leveraging their broad experiences from startups to Fortune 500 companies.