International Technology Partnership Program (ITP)
Receive up to $250,000 for Commercializing New Product.
The International Technology Partnership Program (ITP) is to support Alberta’s high potential, high growth, Small to Medium-Sized Enterprises (SMEs) to commercialize their products, achieve optimal market position, increase revenue, and potentially expand into global markets. ITP funding is provided to support SMEs to find and enter a partnership with an “International Project Partner” for further product development or to pilot the technical and business merits of their product with the goal to prove the product value, and advance commercialization.
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International Technology Partnership Program (ITP)
Amount of Funding
Successful applicants for this program may be eligible for the following funding allotments:
- The program will match the Applicant’s contributions for eligible project costs to a maximum Investment of $250,000.
- Applicant’s matching funds must be in the form of 50% Cash and 50% In-kind contributions;
- The International Project Partner is expected to match the Applicant’s contribution.
International Technology Partnership Program (ITP)
Eligible Applicants
Applicants may be eligible for this program if they meet the following criteria:
- Exist as a corporate person, with up-to-date corporate filings;
- Be incorporated in Alberta AND/OR incorporated in another jurisdiction and extra-provincially registered in Alberta;
- Be a General Partnership, Limited Partnership, or Limited Liability Partnership and registered in Alberta.
- Be an SME (less than 500 FTEs & $50M in annual gross revenue)
- Companies must be Alberta-based with an Alberta footprint, which includes a significant physical and corporate operational presence in Alberta; appropriate Alberta ownership; and discernible intent that operational benefits will flow primarily within the Province of Alberta.
- Are limited to receiving no more than 2 ITP, either development or pilot awards.
Eligible International Project Partner must:
- Exist as a corporate person, with up-to-date corporate filings;
- Demonstrate that the relationship between the Applicant and Partner/Strategic Partner/Service Provider/Collaborator does not create a conflict of interest.
- Be at arm’s length from the Applicant
- Provide a letter indicating the Partner’s/Service Provider’s/Collaborator’s intention to participate in the Project at the time of application.
- Have the financial capability to purchase or enter into a distribution agreement of the product upon Project completion of a demonstration.
- Show tangible resources committed to the Project.
International Technology Partnership Program (ITP)
Eligible Activities
Eligible Projects must:
- Activities may include: Developing and testing technology and/or piloting in an operational or test environment to move towards commercialization;
- Aligns with the objectives of the ITP;
- Shows that the product is a viable technology at Technology Readiness Level (TRL) 6 to 8
- Must be stepped with critical “go/no go “milestones with measurable target outcomes
- Must be completed within an 18-month term;
- Has the participation of at least one International Project Partner(s);
- Outlines the financial contribution required by Applicant; and/or
- Complies with other criteria that Alberta Innovates may develop from time to time.
International Technology Partnership Program (ITP)
Program Deadline
Applications are accepted on an ongoing basis.
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