Top Alberta Grant & Loan Programs for 2021
Government Funding

The Top Alberta Grant & Loan Programs for 2021

Alberta agriculture, farming, software development, and other businesses are crucial to the Canadian economy. Because of the wealth of opportunities in this province, the federal and provincial governments have created a plethora of grant, loan, and wage subsidy programs to help support growth across Alberta’s industries.

Alberta contributed $334.5 Billion to the Canadian GDP in 2019 alone. (source)

Click the links below to scroll down to the list of programs for each activity:

Business Expansion

Western Business Scale-up and Productivity (BSP) Program

Amount of funding: High-growth Alberta businesses can receive repayable funding (no-interest loan) of 50% of project costs up to $5,000,000 per application and a max of $10,000,000 per business.

Eligible Applicants: Businesses located in Alberta that have been profitable for at least two years and incorporated at the time of application.

Eligible Activities: Projects must focus on advanced manufacturing, digital technology, value-added agriculture, clean technology, clean resources, or life sciences.

Apply for this program.

Learn More About the Western Business Scale-up and Productivity (BSP) Program.

Canadian Agricultural Partnership (CAP) Alberta

Amount of funding: Alberta agri-businesses can receive a wide range of funding to offset a portion of eligible costs towards strategic growth projects.

Eligible Applicants: Businesses in the agriculture, food, climate change, farming, irrigation, and agriculture youth education industries located in Alberta.

Eligible Activities: Projects supporting the growth and competitiveness of Alberta agriculture businesses.

Apply for this program.

Learn more about Canadian Agricultural Partnership Alberta.

CanExport

Amount of funding: Up to 75% of project costs covered in grant funding to a maximum $75,000 per project.

Eligible Applicants: Businesses located in Canada that have under 500 employees, make between $100K – $100M annually, are incorporated, and are financially stable at the time of applying.

Eligible Activities: Eligible projects must have a minimum expense of $20,000+ and can cover marketing and research costs for foreign markets, translation services, IP protection, and more.

Apply for this program.

Learn More About CanExport.

Hiring & Training

Canada-Alberta Job Grant (CAJG)

Amount of funding: Alberta businesses can receive between 66-100% of employee training costs to a maximum of $10,000$15,000.

Eligible Applicants: Private sector businesses based out of Alberta employees, non-profit sector employees, Agriculture Financial Services Corporation, Alberta Treasury Branches, and First Nations and Metis Settlements.

Eligible Activities: Projects include third-party trainer fees, tuition and exam fees, textbooks and course materials, training software, and more.

Apply for this program.

Learn More About the Canada-Alberta Job Grant (CAJG).

Alberta Innovates – Industry Commercialization Associates Program

Amount of funding: Alberta businesses can receive up to $112,000 towards hiring employees to perform technical commercialization activities.

Eligible Applicants: Alberta advanced tech businesses that have technology ready for commercialization and have been incorporated.

Eligible Activities: Projects include manufacturing analysis/planning, product validation, exploring new product markets, and developing marketing and sales strategies.

Apply for this program.

Learn More About the Alberta Innovates – Industry Commercialization Associates Program.

Capital & Tech Adoption

Strategic Innovation Fund (SIF)

Amount of funding: Alberta businesses can receive up to 50% of project costs (both repayable and non-repayable funding) to a maximum of $20,000,000 (must have a minimum project size of $20,000,000).

Eligible Applicants: Open to all Canadian businesses, but extremely competitive to apply. It is highly recommended to apply with a government funding application writing team.

Eligible Activities: Funding supports projects through the R&D, commercialization, and technology demonstration stages.

Apply for this program.

Learn More About the Strategic Innovation Fund (SIF).

Research & Development

Alberta Innovates – Industry R&D Associates Program

Amount of funding: Alberta businesses can receive up to $74,500 in funding towards hiring an associate to perform technical R&D activities.

Eligible Applicants: Alberta advanced technology businesses, incorporated, with a technology that is undergoing development.

Eligible Activities: Pre-competitive research, prototype development, market capture, and demonstration and feasibility investigation of innovative technologies.

Apply for this program.

Learn More About the Alberta Innovates – Industry R&D Associates Program.

Apply for Alberta Government Funding Programs

The Canadian federal and Alberta provincial governments have a wide variety of funding programs available towards your business’ upcoming projects. You can view the entire list of Alberta government grant and loan programs on our Western Business Funding Directory page.

Apply for any of these federal or provincial Alberta government funding programs Mentor Works for an estimated 95% time savings compared to applicants who write their application in house.

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