This program is a fantastic opportunity for your business, especially if you are looking to integrate or enhance your work in emerging technologies like the Internet of Things, cybersecurity, or quantum computing. By getting involved, you can access funding for specific projects, allowing you to innovate without worrying about repayment terms. This means you can direct more focus on your technology initiatives and watch them thrive.

You’ll also benefit from the flexibility this program offers. There are no strict limitations on business revenue or the number of employees, making it accessible whether your business is a startup or well-established. The funding is designed to supplement existing grants, which means that you can stretch your resources and maximize your project's potential without adding extra financial stress.

By applying, you can set your business up for success over the next two years, as the program focuses on projects with a clear path to commercialization. This program will position you as a leader in innovation within Alberta, giving you a competitive edge in the fast-evolving tech landscape. Why wait? Taking this step could redefine the future of your business.

This program provides grant funding to support eligible university researchers in emerging technology areas.

Repayment Terms and Interest Rates

Since this is grant funding, you will not have to repay the granted amount, and there are no interest rates involved. This allows you to focus on your project without worrying about repayment.

Eligible Expenses

Funds can be used for a variety of project-related expenses, including but not limited to:

• Research materials
• Equipment
• Salaries for research staff
• Project-related travel expenses.

Ineligible Expenses

However, it's important to note that grant funds cannot be used for ongoing operational costs such as rent or utilities.

Associated Fees

There are no fees associated with this program. The funding you receive is meant to support your research without any hidden costs.

• Must be located in Alberta.
• Open to all sectors, allowing various business types to apply.
• No minimum or maximum employee requirements.
• No minimum or maximum revenue qualifications.
• All legal structures are applicable (e.g., corporations, partnerships, non-profits).
• All profit structures are applicable (e.g., for-profit, non-profit).

Disqualifications:

• No specific disqualifications mentioned.

This program can be a valuable resource for your business, especially if you’re interested in emerging technologies. It provides funding for specific projects that align with current development goals in Alberta. You could receive support for projects in areas like the Internet of Things, advanced data management, cybersecurity, and quantum computing. The aim is to help researchers develop these technologies with a clear pathway to commercialization within a two-year term.

The funding available is designed to supplement existing grants and targets various technology sectors, meaning you can tap into funds that best suit your project needs. The conditions are straightforward: your project must align with one of the outlined emerging technology areas.

Unlike many funding options, this program does not impose limitations on business revenue or the number of employees you have. Whether your business is just starting out or well established, you have the opportunity to advance your technology initiatives without the pressure of repayment terms. This makes it much easier to focus on innovation without the stress of a financial burden later on.