Closed
Carbon Fibre Grand Challenge Phase III
Supports carbon fibre technologies from Alberta bitumen
Last Update: April 29, 2026
Funding available
$ 200,001 - $ 4,000,000
Timeline
- Open Date : May 15, 2023
- Closing date : June 26, 2023
Location
Alberta, Canada
Overview
This program supports technologies that convert Alberta bitumen-derived feedstocks into carbon fibre. Up to CAD 4,000,000 is available per successful project for manufacturing, prototype validation, and commercialization-related work.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Increase production or service capacity
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 4,000,000 $
- Minimum amount : 200,001 $
- Up to 75% of project cost
Timeline
- Open Date : May 15, 2023
- Closing date : June 26, 2023
Eligible candidates
Eligible Industries
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Professional, scientific and technical services
Location
- Alberta
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development of technologies to convert Alberta bitumen-derived feedstocks into carbon fibre.
- Manufacture of carbon fibre with consistent performance properties.
- Testing and validation of carbon fibre in end-use product prototypes.
- Assessment of environmental impacts and techno-economic performance.
Documents Needed
- Full proposal application form
- Project work plan with milestones and timelines
- Budget and funding commitment details
- Corporate filings and authorization to sign
- Supporting technical information on the proposed process and end uses
Eligibility
Who is eligible?
- Technology developers
- Small, medium, and large enterprises
- Industry associations
- R&D organizations and post-secondary institutions
- Not-for-profit organizations and government research labs
Eligible expenses
- Eligible project costs under the Investment Agreement, including milestone-based project work.
- Reasonable costs incurred after the agreement is signed.
- Project costs supported by cash or in-kind contributions from applicants and partners.
Ineligible Costs and Activities
- Costs incurred before the Investment Agreement is signed.
- Costs above market price.
- Costs related to building a carbon fibre spinning line larger than laboratory bench scale.
- Projects that do not produce carbon fibre from Alberta bitumen-derived feedstocks.
Eligible geographic areas
- Open to applicants from anywhere globally.
- Applicants do not need to be based in Alberta or Canada.
- Projects must demonstrate benefits for Alberta.
Processing and Agreement
- Applications are reviewed by Alberta Innovates staff and external expert reviewers.
- Applications are assessed against program objectives and evaluation criteria.
- Some applicants may be asked to deliver a presentation to the review committee.
- Funding decisions are made by Alberta Innovates at its sole discretion.
- Approved applicants must sign an Investment Agreement before funding starts.
Additional information
- Successful applicants must sign an Investment Agreement before funding is released.
- Projects may be monitored for up to five years after completion.
- A public final report and an internal confidential report are required.
- Confidential technical reporting may be required for international applicants.
Contacts
Frequently Asked Questions about the Carbon Fibre Grand Challenge Phase III Program
Here are answers to the most common questions about the Carbon Fibre Grand Challenge Phase III. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Carbon Fibre Grand Challenge Phase III?
This program supports technologies that convert Alberta bitumen-derived feedstocks into carbon fibre. Up to CAD 4,000,000 is available per successful project for manufacturing, prototype validation, and commercialization-related work.
How much funding can be received?
Carbon Fibre Grand Challenge Phase III Funds up to 75% of admissible expenses, capped at $4,000,000 per project.
What is the deadline to apply?
The application deadline for this grant program was June 26, 2023.
Who is eligible for the Carbon Fibre Grand Challenge Phase III program?
To be eligible for the Carbon Fibre Grand Challenge Phase III program, you must:
Project aligned with program objectives
Team with carbon fibre capability
Canadian IP or licensing rights
What expenses are eligible under Carbon Fibre Grand Challenge Phase III?
Development of technologies to convert Alberta bitumen-derived feedstocks into carbon fibre.
Manufacture of carbon fibre with consistent performance properties.
Testing and validation of carbon fibre in end-use product prototypes.
Assessment of environmental impacts and techno-economic performance.
Who can I contact for more information about the Carbon Fibre Grand Challenge Phase III?
You can contact Alberta Innovates by email at Paolo.Bomben@albertainnovates.ca or by phone at 587-779-2917.
Where is the Carbon Fibre Grand Challenge Phase III available?
The Carbon Fibre Grand Challenge Phase III program is available the province of Alberta.