Alberta Research Grants for Accelerating Innovation
Alberta Innovates is a public crown corporation and economic development agency. The organization provides access to research grants and other financial incentives to offset the costs of performing R&D in collaboration with academic researchers, other businesses, and public institutions. There are several research and development funding programs provided through Alberta Innovates; all of them are aimed at accelerating projects so that innovations can be commercialized faster.
The following programs are all included under the umbrella of supported provided by Alberta Innovates. If your small business is looking for research funding, this list is a great place to start.
For assistance in understanding which stream provides the best fit for your upcoming project, please contact Mentor Works.
Alberta Innovates Program Variants
Accelerating Innovations Into Care
Provides up to 50% of project expenses to a maximum $150,000 to support the commercialization of health technologies. Vouchers are awarded to non-industry collaborators in exchange for testing and commercialization services.
Industry Commercialization Associates Program
Provides a portion of costs related to hiring an associate to perform technical commercialization activities. Level 1 – Up to $52,500, Level 2 – Up to $75,000, and Level 3 – Up to $105,000 annual stipend. Additional expense allowance of $7,000 annually.
Alberta-Ontario Innovation Program
Provides access up to 50% of costs to a maximum $500,000 per collaboration to solve mutual industry challenges through research and development. Funding accelerate the commercialization of technology and/or productivity, leading to enhanced competitiveness.
Industry Research and Development Associates Program
Provides a portion of costs related to hiring an associate to perform technical research and development activities. Level 1 – Up to $52,500 and Level 2 – Up to $67,500 annual stipend. Additional expense allowance of $7,000 annually.