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Alberta Innovates — Digital Innovation in Clean Energy (DICE)

Up to $250,000
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is tailor-made for your business if you're looking to innovate while making a positive impact. You can receive up to $250,000 to fund projects that focus on digital technologies, which help reduce energy emissions. This funding can cover up to 50% of your total project costs. Whether you're developing AI, IoT, or other cutting-edge solutions, this is a chance to elevate your operations and contribute to Alberta's digital economy.

The flexibility offered is a standout feature. There are no specific requirements around employee count or revenue, allowing you to channel your energy into innovation instead of compliance. This means you can work on projects at various stages, whether you're just starting or are ready to enhance existing technologies. Imagine the growth potential—not just for your business but also for the environment as you adopt sustainable practices.

In short, applying for this program can be a game-changer. You’ll gain financial support to develop technologies that not only drive your success but also contribute to a cleaner, more sustainable future. Embrace this opportunity to make a difference while boosting your bottom line.

Financing Details

Type of Financing
This program offers a grant to support your project. Grants do not require repayment, which means you can focus on developing your technology without worrying about paying the money back.

Funding Details

  • You can receive up to $250,000 per project.
  • The grant will cover up to 50% of your total project costs.
  • There are no interest rates to consider, as this is not a loan.

Eligible Expenses
The funding can be used for expenses related to:

  • Development of digital technologies, such as AI, blockchain, and IoT.
  • Projects aimed at reducing emissions or improving energy efficiency.

Ineligible Expenses
Funds cannot be used for:

  • Purchase of land or buildings.
  • General business expenses unrelated to the project.

Fees
There are no fees associated with this grant, making it a straightforward financial opportunity for your project.

Qualifications

  • Location: The business must be located in Alberta, Canada.
  • Sector: The program is available to all sectors.
  • Legal Structure: All legal structures are acceptable (e.g., sole proprietorship, corporation).
  • Profit Structure: All profit structures can apply (e.g., for-profit, non-profit).
  • Employee Requirements:
    • No minimum number of employees required.
    • No maximum number of employees required.
  • Revenue Requirements:
    • No minimum revenue qualifications.
    • No maximum revenue qualifications.

Disqualifications: None stated in the context provided.

Description

This program is designed to help your business develop digital technologies that can reduce energy emissions and improve efficiency. You can receive up to $250,000 to support your projects, covering up to 50% of your total project costs. This is a valuable opportunity to invest in technologies like AI, machine learning, IoT, and more, which can lead to job creation in Alberta's growing digital economy.

What’s great about this funding is its flexibility. There are no specific requirements regarding employee count or company revenue. This means you can focus on innovation without worrying about hitting minimums or maximums. The support covers projects at various stages of development, so whether you're just starting with an idea or advancing an existing technology, you can benefit.

Using this funding not only helps boost your business’s growth but also contributes to a cleaner environment. By embracing digital innovation in the energy sector, you play a key role in creating a sustainable future while also growing your bottom line.

Program Steps

  1. Identify Your Project: Define the digital technology project you want to pursue. Focus on how it will reduce energy emissions and improve efficiency.

  2. Prepare Your Documentation: Gather the necessary documents for the application. You will likely need:

    • A detailed project proposal outlining your objectives and methods.
    • Financial statements for your business.
    • A budget breakdown for your project, including costs and funding sources.
    • Any relevant technical documentation or previous work.
    • Letters of support from partners or stakeholders, if applicable.
  3. Complete the Application Form: Fill out the official application form provided on the program's website. Ensure all information is accurate and complete.

  4. Submit Your Application: Send your application along with the required documents. Double-check for any specific submission guidelines mentioned on the program website.

  5. Follow Up: After submission, keep an eye on your email for any notifications regarding your application status. You may need to provide additional information or clarification during the review process.

Visit Program Website