Technology Funding
Highlights
This program is designed for businesses like yours that are focused on sustainable technologies and reducing greenhouse gas emissions. By applying, you can access significant funding to support transformative projects that align with Alberta's lower emissions goals.
Why Apply?
- Substantial Financial Support: The program offers funding for innovative projects that can make a real impact.
- Government-Backed: This funding is supported by the Government of Alberta, ensuring reliability and trust.
- Two-Stage Application Process: The process is straightforward, starting with an Expression of Interest and, if shortlisted, moving to a Full Project Proposal.
What's in it for You?
- Boost Your Innovation: Use the funds to develop and implement cutting-edge technologies.
- Competitive Edge: Position your business as a leader in sustainability.
- Ease of Qualification: If your project aligns with the program's focus areas, you have a strong chance of qualifying.
Applying for this program can provide the financial boost and recognition your business needs to thrive in a sustainable future.
Financing Details
Type of Financing: Grant
Repayment Terms:
- No repayment required.
- No interest rates apply.
Eligible Expenses:
- Research and development costs.
- Pilot projects and demonstration projects.
- Equipment and materials directly related to the project.
- Salaries and wages for project staff.
- Consulting and professional services.
- Travel expenses directly related to the project.
Use of Funds:
- Funds cannot be used for:
- General operational expenses.
- Debt repayment.
- Real estate purchases.
- Marketing and advertising costs.
Fees:
- No application fees.
- No administrative fees.
Qualifications
- Must be located in Alberta.
- Must align with ERA’s areas of focus as identified in the Technology Roadmap.
- Must submit an Expression of Interest (EOI) to be considered.
If shortlisted, must submit a Full Project Proposal (FPP).
Disqualifications:
- Businesses not located in Alberta.
- Proposals that do not align with ERA’s Technology Roadmap.
- Failure to submit an Expression of Interest (EOI).
- Failure to submit a Full Project Proposal (FPP) if shortlisted.
Description
This program offers your business a chance to receive funding to develop sustainable technologies that reduce greenhouse gas emissions. You can get up to $1,000,000 to invest in projects that align with this goal.
You can use the funds for:
- Developing new technologies
- Improving existing systems
- Implementing innovative processes
The money you receive does not need to be paid back, as it is a grant, not a loan. This means you can focus on using the funds to grow your business and contribute to a lower emissions economy without worrying about repayment.
By participating in this program, your business can gain a competitive edge, contribute to environmental sustainability, and position itself for future success in a changing market.
Program Steps
Align Your Idea: Ensure your project aligns with ERA’s areas of focus as identified in their Technology Roadmap.
Check Current Opportunities: Visit the Current Opportunities section to find available funding opportunities.
Read Guidelines Document: For any opportunity of interest, read the Guidelines Document to understand the scope and focus.
Prepare Documentation: Gather the necessary documents for your application. This includes:
- Business Plan
- Financial Statements
- Project Proposal
- Technical Specifications
- Environmental Impact Assessment
Submit Expression of Interest (EOI): Follow the instructions in the Funding Process section to submit your EOI.
Wait for Notification: If your proposal is shortlisted, ERA will notify you and invite you to submit a Full Project Proposal (FPP).
Submit Full Project Proposal: Prepare and submit your FPP as per the guidelines provided by ERA.
Review and Approval: Await ERA’s review and approval process. They may request additional information or clarifications.
Finalize Agreement: If approved, finalize the funding agreement with ERA, including terms and conditions.
Receive Funding: Once the agreement is signed, receive the funding to proceed with your project.