PrairiesCan — Regional Economic Growth through Innovation — Regional Innovation Ecosystems
AB, Canada
Funding to support business growth in the Prairies
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Health care and social assistance
grant_single|grantors
- Government of Canada
- Prairies Economic Development Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
Your not-for-profit organization could get a financial contribution to assist businesses at all stages of development in scaling up and becoming more globally competitive. Investments focus on enhancing business support networks for under-represented grou
grant_single_labels|projects
There are eligible projects and activities for this grant:
- Technology commercialization
- Business scale-up
- Productivity improvement
- Ecosystem capacity building
- Business acceleration and incubation
grant_single|admissibleProjectsExample
$500,000
Vancouver
Scaling up a renewable energy startup focusing on solar panel installation and maintenance.
$150,000
Calgary
Improving productivity of a local organic farm through advanced irrigation systems.
$300,000
London
Development of AI-based agricultural drone technology for real-time crop health monitoring.
$250,000
Winnipeg
Launching a business acceleration program for indigenous entrepreneurs in the tech sector.
$350,000
Toronto
Creation of a business incubator to support women-led startups in the tech industry.
$200,000
Ottawa
Establishing an eco-friendly packaging solution for local small businesses.
grant_single_labels|admissibility
The eligibility criteria for this grant are:
- Open to not-for-profit organizations supporting businesses, innovators, and entrepreneurs
- Legal entities capable of entering into legally binding agreements
- Must support business scale-up, productivity, technology commercialization, technology adoption, export, and investment attraction
- Must align with program objectives and demonstrate effective governance
- Must have at least 50% of project funding secured from non-PrairiesCan sources
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for the Regional Innovation Ecosystems (RIE) grant in Canada. The grant is open to not-for-profit organizations that support businesses, innovators, and entrepreneurs, including post-secondary educational institutions, business accelerators, Indigenous organizations, social enterprises, and more.
- Post-secondary educational institutions
- Business accelerators and incubators
- Angel networks
- Indigenous organizations
- Social enterprises
- A group of eligible recipients such as an industry association or consortium
- Municipalities and other levels of government
grant_eligibility_criteria|who_cannot_apply
There are specific types of companies that are not eligible for this grant:
- For-profit organizations
- Individual entrepreneurs
- Sole proprietorships
- Companies not based in the Prairie provinces
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include capital costs (equipment, machinery), labour (wages, benefits), operating costs directly related to the project, consultancy fees, costs related to intellectual property, subcontracting costs, production and distribution of promotional material, and specialized services such as testing and research.
- Capital costs (equipment, machinery)
- Labour (wages, benefits)
- Operating costs directly related to the project
- Consultancy fees
- Costs related to intellectual property
- Subcontracting costs
- Production and distribution of promotional material
- Specialized services such as testing and research
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The eligibility of projects will be assessed based on alignment with program objectives, market demand, economic benefits, governance measures, and financial sustainability.
- Alignment to program objectives
- Strong market/industry demand
- Measurable economic benefits for the Prairie provinces
- Effective governance measures and management team in place
- Strong rationale for the project
- Financial statements demonstrating financial self-sustainability
- Leveraged funding from provincial governments, private sector, and other sources
grant_single_labels|register
- Step 1: Complete the Expression of Interest (EOI) form online, describing the proposed project purpose, rationale, eligibility, activities, and budget.
- Step 2: If the project advances, submit a full application through the online portal, providing detailed project information, financial statements, and confirmation of other funding sources.
- Step 3: Engage in a due diligence process where applications are assessed against criteria such as alignment with program objectives, market demand, economic benefits, governance measures, and leveraged funding.
- Step 4: Await a funding decision from PrairiesCan within 90 business days of submitting a complete funding proposal, as per their service standard.
grant_single_labels|contact
1-888-338-9378
Apply to this program
