Investment and Growth Fund

• The applicant must be a for-profit company with a track record of successful operations, revenue generation or expansions.
• The company must be well established, financially sound and able to complete the project within the planned timeframe.
• The business must operate or plan to operate in Alberta with an established production capability, plant or place of business in the province.
• The project must be a new investment or expansion where no final decision has been made to proceed and that would not occur in Alberta without IGF support.
• The project must meet minimum thresholds for new permanent full-time jobs and capital expenditures and demonstrate financial viability with committed funding and limited reliance on public sources.

Who is eligible?

• For-profit companies with established or planned production facilities or business operations in Alberta.
• Private sector businesses undertaking large-scale new investments or major expansion projects in Alberta.

Eligible expenses

• Capital expenditures related to the investment project (eligible capex up to the prescribed limit).

Eligible geographic areas

• Projects located anywhere within the province of Alberta, including census metropolitan areas and rural regions.

• Project’s ability to create at least 10 new permanent full-time jobs.
• Compliance with the minimum capital expenditure thresholds based on location (CMA or rural area).
• Compliance with the minimum average annual compensation requirements for the jobs created.
• Operational benefits flowing primarily to Alberta.

• Step 1: Initial Contact
  • Contact a designated IGF intake organization aligned with the project’s region or sector to discuss the opportunity.
  • Alternatively, send enquiries to the IGF program email address provided by the Government of Alberta.
• Step 2: Determine Eligibility and Initiate Application
  • Work with the designated intake organization to learn more about the program.
  • Confirm that the company and project meet the IGF eligibility requirements and begin the formal application process as directed.

• The program is invite-only and used as a deal-closing incentive for late-stage investment decisions.
• The fund targets high-impact private sector investments that create new, well-paying jobs and enhance productivity.
• The program supports both new investments and major expansion projects across Alberta.
• Additional detailed eligibility and program information is available from designated IGF intake organizations.