Industry Commercialization Associates Program – Alberta Innovates
Receive up to $112,000 in Government Funding.
Alberta Innovates’ Industry Commercialization Associates Program offsets a portion of costs related to hiring an associate to perform technical commercialization activities. Contribution is paid as a monthly stipend plus an annual Expense Allowance of up to $7,000 to cover a portion of non-salary costs incurred by the researcher. Associates may be hired as a part-time or full-time employee.
Apply for Funding
Give your application the best chance at approval. Mentor Works has an 86% approval rating across all Canadian funding programs.
Industry Commercialization Associates Program
Amount of Funding
Successful applicants may receive the following funding amounts:
- Level 1: up to $52,500 per year per full-time applicant (max of two);
- Level 2: up to $75,000 per year per full-time applicant (max of two); or
- Level 3: up to $105,000 per year per full-time or part-time applicant (max of two).
Industry Commercialization Associates Program
Eligible Applicants
To be a successful applicant all businesses must meet the following criteria:
- Is a legal for-profit small or medium sized enterprise (SME) with less than 500 employees and $50 million in annual gross revenue;
- There is no conflict of interest between the applicant and associate of choice;
- The business is physically located in Alberta; and
- Is currently in good standing, financially, with Alberta Innovates and it’s subsidiaries.
Industry Commercialization Associates Program
Eligible Activities
An activity may be eligible if:
- It is outlined with identifiable milestones;
- Has been fully finished within one year of application acceptance; and
- Adheres to any further criteria Alberta Innovates may implement.
Accepted activities per level:
- Level 1: Associates that act in a business development role, such as promoting and selling products and services, building relationships, and reporting;
- Level 2: Has a Bachelors degree and has considerable experience in business, such as the capacity to manage and grow projects, marketing campaigns, and has technical expertise in economics, finance, etc.; or
- Level 3: Associate has exceptional business development experience and is able to manage all previous tasks as well as step into a senior level position such as a technical advisor.
Industry Commercialization Associates Program
Program Deadline
No deadline. Continuous intake of applications. Applications are approved in 6-8 weeks from submission.
Apply for Funding
We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
