International Technology Partnership Program

International Technology Partnership Program

The International Technology Partnership Program supports Alberta businesses with up to $250,000 to develop products or to conduct pilot tests with an international partner.
At a glance
Overview
Eligibility
Selection criteria
How to apply

At a glance

Eligible Funding
  • Max. $250,000
Timeline
  • Open Date : March 12, 2024
Financing Type
Grant and Funding
Eligible Industries
  • All industries
Grant Providers
  • Alberta Innovates
Status
Open

Overview

The International Technology Partnership program helps Alberta technology businesses further develop their product or pilot the technical and business merits of their product to prove its value, and advance commercialization. With the International Technology Partnership program, applicants will work with an international partner to prove the product value, and advance commercialization. This is a matching program, meaning that the applicant’s contributions will be matched by the program, and the international project partner is also expected to match the applicant’s contributions, up to a total maximum investment of $250,000 from each party.

Eligibility criteria

The International Technology Partnership program supports Alberta businesses with up to $250,000 to develop products or conduct pilot tests with an international partner. To be eligible:

  • You must have fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue.
  • Your project should bring the technology closer to commercialization through development, testing, or pilots in an operational environment.
  • You need at least one International Project Partner before applying.
  • The project should be completed within 18 months, with the first sale expected within two years after completion.
  • Your contribution will be matched by the program, up to a total maximum investment of $750,000 with the international partner's contribution also matching.

Who is eligible

Small to Medium Enterprises (SMEs) based in Alberta can apply for the International Technology Partnership Program grant. The eligibility criteria include having fewer than 500 full-time employees, less than $50,000,000 in annual gross revenue, and undertaking a project that aims to bring technology closer to commercialization through further development or testing. Additionally, having at least one International Project Partner before applying, completing the project within 18 months, and expecting to make the first sale within two years after project completion are essential. The program also requires matching contributions from the applicant and the international project partner, up to a total maximum investment of $750,000. Further details on eligibility can be found in the Program Guide provided by Alberta Innovates.

Who is not eligible

Some companies may not be eligible for the International Technology Partnership Program grant. Eligibility restrictions include:

  • Having more than 500 full-time employees or over $50,000,000 in annual gross revenue

Eligible expenses

The International Technology Partnership Program supports eligible expenses such as:

  • Further development, testing, or first pilots of a product in an operational environment
  • Costs associated with working with an international project partner
  • Contributions towards total project costs
  • Other expenses related to proving the product value and advancing commercialization

Eligible projects & activities

Yes, there are eligible projects or activities for this grant. Here is a summary and a list:

  • Projects that bring technology closer to commercialization through development, testing, or first pilots in an operational environment.
  • Projects with international partners to prove product value and advance commercialization.
  • Projects that can be completed within 18 months and expect to make the first sale within two years after completion.

Evaluation & selection criteria

Alberta Innovates evaluates submitted applications to the International Technology Partnership Program based on technology, the business opportunity, applicant risks, and the overall potential size of the return to Alberta against the performance outcomes. Common business and technical factors like the management team, market conditions, competitive advantage, product/market fit, go-to-market plan, financials, technical feasibility, and export potential are also considered.

  • Technology
  • Business opportunity
  • Applicant risks
  • Overall potential return to Alberta
  • Management team
  • Market conditions
  • Competitive advantage
  • Product/market fit
  • Go-to-market plan
  • Financials
  • Technical feasibility
  • Export potential

How to apply

  • Step 1: Identify a project and an international technology partner.
  • Step 2: Connect with one of our business experts for a review of your details and next steps.
  • Step 3: For current clients, access and submit your application forms through SmartSimple, our online application portal, or connect with your Technology Development Advisor for any questions.
  • Step 4: If you have any questions, contact intake@albertainnovates.ca or call 403-210-5229.
Apply to this program