Alberta Innovates — Technology Development Advisors
Highlights
Hello,
If you're looking to grow your business, this program is just what you need. You'll get one-on-one guidance from seasoned business advisors who know the ins and outs of your industry. These experts can help you make valuable connections in your community and find the right financing to scale your project. Whether you're gaining traction or ready to expand, this program supports you at every stage.
The real advantage is the expertise you access. Advisors with diverse industry experience offer insights tailored to your needs. They help you navigate challenges and seize opportunities, making your business journey smoother and more successful. There's no set funding amount, so you get flexible advice on securing resources without worrying about strict financial limits.
By applying, you position your business for growth with expert support. It's easy to qualify, and the benefits are substantial. With personalized guidance, you'll move forward confidently, knowing you have a dedicated advisor by your side.
Financing Details
Grant: The program offers non-repayable grants to support your business. This means you receive funding without the obligation to repay, allowing you to focus fully on growth and innovation.
Eligible Expenses: You can use the grant for a variety of business-related expenses. These include but are not limited to, technology development, market research, and operational costs. This flexibility helps ensure that the funds can be utilized in areas most critical to your business's specific needs.
Restrictions on Use of Funds: The funds must not be used for debt repayment or dividends. This ensures that the grant is directed towards productive, growth-oriented activities.
Fees: There are no application or processing fees associated with this grant. This makes accessing the funds more straightforward and cost-effective, ensuring that all the funding goes directly towards enhancing your business capabilities.
Qualifications
- Location: Business must be located in Alberta, Canada.
- Stage of Business Lifecycle: Must be at the committing, traction/validation, or scaling stage.
- Growth Potential: Business should be high-growth and high-potential.
- Economic and Social Benefits: Business should be positioned to provide economic and social benefits to Alberta.
- Industry: Open to various industries, including technology, agriculture, health, environment, food, retail, education, energy, cleantech, ICT, and more.
- Type of Business: Suitable for startups, small businesses, and SMEs (Small and Medium Enterprises).
- Innovation Focus: Business should be involved in technology development or commercialization.
- Collaboration: Business should be open to collaboration with Alberta’s innovation ecosystem, including industry, government, and post-secondary institutions.
Description
Get personalized support from a seasoned business advisor to help your business grow. Your advisor will guide you in making valuable community connections and finding the right financing options to take your project to the next level. Whether you're just starting to gain traction or ready to scale, this program is designed to support you at every stage.
The real benefit here is the expertise you gain access to. With advisors experienced in various industries, you get insights tailored to your specific needs. They can help you navigate challenges and seize opportunities, making your business journey smoother and more successful.
There's no set funding amount, but the focus is on providing expert advice. This means you can expect guidance on how best to secure the resources you need, without worrying about strict financial limits or conditions. Your business can benefit from this flexible, supportive approach, helping you achieve your goals more efficiently.
Program Steps
Prepare Your Business Information
Gather details about your business, including your mission, goals, and current challenges.Identify Your Needs
Determine what specific support you are looking for from the program. This could include financing options, community connections, or expert advice.Prepare the Required Documentation
Collect the necessary documents for your application, which typically include:- Business plan
- Financial statements (last two years)
- Tax returns (last two years)
- Proof of business registration
- Any relevant permits or licenses
Complete the Application Form
Fill out the application form with accurate and detailed information about your business and the support you seek.Submit Your Application
Send your completed application along with the required documentation to the designated contact point.Follow Up
After submission, reach out to confirm receipt of your application and inquire about the next steps in the process.Prepare for a Consultation
Be ready for a meeting with your assigned advisor. Think about questions you want to ask and areas where you need guidance.
