You have an exciting opportunity right at your fingertips. By applying to this program, you can enhance the value of processed bitumen while simultaneously reducing emissions. This is not just about profits; it’s about contributing to a cleaner environment. Engaging in technology development with support for projects that are between stages 3 and 7 of their readiness could lead to streamlined processes and improved product quality.

Imagine less reliance on diluents, which means savings and efficiency for your business. The potential funding available through this program can help fuel your growth and innovation without the typical restraints like fixed budgets or revenue caps. It’s open to all sectors, meaning regardless of company size or structure, you can tap into these benefits and make a meaningful impact on your business and the industry as a whole.

Applying is straightforward. With no extensive qualifications to worry about, it’s a matter of putting your ideas forward and seeing where they can take you. Don't miss out on a chance to be part of this transformative initiative.

Type of Financing
This program offers grants. Grants are funds that don't need to be repaid, making them a valuable financial resource for your business.

Repayment Terms and Interest Rates
Since grants do not require repayment, there are no interest rates or repayment terms to worry about. You can focus on utilizing the funds to support your project without the stress of future payments.

Eligible and Ineligible Expenses
You can use the funds for various eligible expenses, such as technology development within a Technology Readiness Level (TRL) range of 3-7. This includes advancing innovative technologies that enhance processed bitumen's value and reduce emissions. However, the funds cannot be used for general operating costs or unrelated activities outside of this scope.

Fees
There are no hidden fees associated with this program. What you receive in funding is what you can use for your project. No strings attached.

• Location: The business must be based in Alberta.
• Sectors: All sectors are eligible to apply.
• Legal Structure: All legal structures are acceptable.
• Profit Structure: All profit structures are applicable.
• Minimum Employees: No minimum employee requirement.
• Maximum Employees: No maximum employee requirement.
• Minimum Company Revenue: No minimum revenue requirement.
• Maximum Company Revenue: No maximum revenue requirement.

Disqualifications:

• No specific disqualifications mentioned.

This program helps businesses like yours increase the value of processed bitumen while also reducing emissions. You can engage in activities that focus on technology development, particularly in the range of Technology Readiness Levels (TRL) 3 to 7. This means you have the chance to work on projects that are just getting off the ground or those that are almost ready for the market.

You're also looking at less reliance on diluents, which will streamline your processes and improve the quality of your outputs. Since the program is open to all sectors, everyone can benefit, regardless of company size or revenue. This is a great chance to innovate and make your business more environmentally friendly.

There’s no fixed budget for this program, so funding may be available to support your initiatives. Think of this as a way to fuel your growth while contributing to a cleaner future. It’s an opportunity for you to tap into new technologies and make a meaningful impact.