Innovation Canada — Innovation Advisors in AB

Eligibility for connecting with an Innovation Advisor is determined by specific criteria related to your business status and goals.

• The company must be incorporated.
• The company should be ready to grow or scale operations.
• The company might be looking to create a new product, service, or process.
• Alternatively, the company may simply be looking for business advice.

Who is eligible?

Businesses that are incorporated and are either ready to grow or scale, looking to create a new product, service, or process, or seeking advice can apply. These businesses should target leveraging government programs and services through comprehensive support from Innovation Advisors, particularly in areas like financing, technical advice, or expanding into foreign markets. The focus is on businesses that are innovative and poised for growth.

Eligible expenses

This grant connects entrepreneurs and businesses with Innovation Advisors to boost innovation and growth. The eligible projects and activities focus on leveraging government programs and services for business development, financial guidance, market expansion, and strategic business planning.

• Connecting with Innovation Advisors for expert advice and leveraging networks.
• Accessing government programs for financing and technical advice.
• Developing market expansion strategies and exploring foreign markets.
• Receiving strategic planning support for growing and scaling businesses.
• Utilizing business development strategies for product or service innovation.
• Obtaining guidance on regulatory strategy and government affairs.

Eligible geographic areas

This program offers advisory services across multiple regions in Canada, facilitated by Innovation Advisors based in specific geographical areas. Each region caters to businesses within the local innovation ecosystem to match them with relevant services and opportunities.

• Pacific and Yukon
• Prairies and Northwest Territories
• Ontario
• Quebec and Nunavut
• Atlantic

There are evaluation and selection criteria for this grant. The grant is evaluated based on specific criteria including:

• Financial viability and sustainability of the business
• Demonstrated need for government support
• Innovation and potential for growth
• Potential impact on the Canadian economy
• Fulfillment of program and eligibility requirements

Here are additional relevant details for connecting with an Innovation Advisor:

• Innovation Advisors can leverage their extensive network to help businesses connect with the right government programs and services.
• They offer tailored advice based on your industry and specific business needs, drawing on their own entrepreneurial experiences and expertise in various fields.
• The service is inclusive, aiming to support diverse businesses across Canada by providing advice that fosters innovation and growth.
• Innovation Advisors are accessible for businesses at different stages of development, whether looking to scale or just starting out.