Campus Alberta Small Business Engagement (CASBE) Program
Highlights
You have a unique opportunity to apply for funding of up to $150,000 per year for two years, tailored for small-to-medium sized companies like yours. This program not only provides non-repayable funds, meaning you can invest in your projects without the burden of repayment, but also fosters collaboration with Alberta's educational institutions. This connection allows you to tap into innovative ideas and fresh talent while enhancing your business’s competitiveness.
By participating in this program, you gain access to valuable resources and potential partnerships that can drive your growth. Whether you aim to explore new markets, develop products, or improve your operations, this funding can significantly boost your initiatives. Plus, there’s no minimum revenue or employee requirement, making it accessible for a diverse range of businesses.
Why apply? The funding can transform your vision into reality without the financial strain, positioning you for long-term success. This is a straightforward process designed for businesses ready to innovate and grow. Take advantage of this opportunity—it could be the push your business needs!
Financing Details
The financing provided is a Grant. This means you won’t have to pay it back, which is a huge relief for any business owner. It's designed to support collaboration between post-secondary institutions and small-to-medium enterprises.
Funding Amount:
- You can receive up to $150,000 per year.
- This funding can last for a maximum of two years.
Eligible Expenses:
- Funding can be used for a variety of project-related costs like research and development, technology improvements, and other operational expenses related to collaboration with eligible institutions.
Restrictions on Use:
- The funds cannot be used for personal expenses, unrelated business activities, or to cover debts.
Fees:
- There are no fees associated with accessing these funds, making it a straightforward opportunity for your business without hidden costs.
Qualifications
- Location: Business must be located in Alberta.
- Company Size: Small-to-medium sized businesses are eligible.
- Employees: No minimum or maximum number of employees required.
- Revenue: No minimum or maximum revenue qualifications.
- Legal Structure: All legal structures are applicable (e.g., sole proprietorship, partnership, corporation).
- Profit Structure: All profit structures are applicable (e.g., for-profit, non-profit).
Disqualifications:
- None mentioned in the context.
Description
This program offers up to $150,000 per year for your business, which can be received for a maximum of two years. This funding is designed to support collaboration between Alberta post-secondary institutions and small-to-medium-sized companies like yours. With this financial support, you can enhance your projects, innovate your services, or conduct research that can drive growth and success for your business.
The money you receive does not need to be paid back, allowing you to focus on using those funds effectively without the worry of repayment. This is a great opportunity to strengthen your business connections with local educational institutions, bringing in new ideas and talent that can help you stay competitive in your industry.
By participating in this program, you position your business to access valuable resources and potential partnerships that can lead to long-term benefits. Whether you're looking to explore new markets, develop products, or improve your operations, this funding can provide the lift you need to achieve your goals.
Program Steps
Visit the Program Website
Start by going to the official program website for full details and updates.Prepare Your Proposal
Outline your project goals and how they align with the funding objectives, focusing on collaboration with Alberta post-secondary institutions.Gather Required Documentation
You will need to collect these documents for your application:- Business registration and legal structure documents
- Financial statements from the last two years
- Proof of existing collaborations (if applicable)
- Project budget detailing how the funds will be used
- Resumes or CVs of key team members involved in the project
- Letters of support from partnering educational institutions
Complete the Application Form
Fill out the application form with accurate and detailed information about your business and project.Submit Your Application
Review your application for completeness and submit it through the designated method outlined on the program website.Follow Up
After submission, keep track of your application status and be ready to provide any additional information as requested.