How to Qualify for Alberta Business Grants for Hiring through TECTERRA
Editor’s Note: Since this article’s posting, TECTERRA funding programs have been re-launched to provide enhanced support. For details of these new funding streams, visit Mentor Works’ TECTERRA program page.
TECTERRA is a not-for-profit organization that helps small and medium-sized geomatics companies in Alberta and across Canada. TECTERRA offers a wide ranges of funding opportunities including Canadian business grants for Tradeshow Attendance, and grants for Alberta small businesses looking to commercialize innovative geomatics technologies through the TECTERRA Industry Investment Fund.
Alberta Business Grants for Hiring in the Geomatics Sector: The TECTERRA Geo-Placement Program
Funding available through Alberta small business grants for hiring program, TECTERRA Geo-Placement Program offers up to $50,000 to support the hiring of a highly qualified personnel with a graduate degree in the field of geomatics.
TECTERRA Alberta Business Grants for Hiring: Funding Details:
Funding provided through TECTERRA small business grants Alberta will support up to 50% of the salary costs of a new hire with a graduate degree in Geomatics, up to a maximum of $50,000. In addition, this funding program will also cover up to 50% or $10,000 in eligible moving expenses (as defined by CRA) if the new hire lives outside of Alberta to help them relocate to the Alberta-based business.
Alberta Business Grants Eligibility for Small Geomatics Companies, Including Start-ups
The TECTERRA Geo-Placement Program is open small for-profit companies, including start-up companies. In order to qualify companies must be adding highly qualified personnel as a “net new hire” (not to replace an employee that you are dismissing) with the intention of the position serving short and long-term technology development needs within the company beyond the period of TECTERRA funding.
Grants for Small Businesses in Alberta: Geomatics Employee Eligibility
In order to be eligible for the TECTERRA Geo-Placement program, employees must meet the following eligibility criteria:
- The HQP candidate must hold a technical geomatics-related degree at the Masters or Ph.D. level that is related to the development and commercialization of a new technology
- The HQP candidate must be a Canadian Citizen, Permanent Resident or on an employer-sponsored work visa during the funding term (terms and conditions apply)