Funding Opportunities & Support

Funding programs are available that can help support your business development and growth. Click on the Program link to view additional details about the opportunity and learn how to apply:

Financial programs and assistance related to hardships as a result of Covid-19 can be found HERE.

Available Funding Opportunities

Program 

Type 

Description

Eligibility Requirement

Aboriginal Entrepreneurship ProgramGrantUp to $99,999 is available in grant funding. Business development funding for Aboriginal entrepreneurs. Individuals of Canadian Aboriginal heritage, majority-owned Aboriginal business, or Aboriginal community development organization
Canadian International Innovation Program (CIIP)GrantSeed funding to support commercialization between Canada and partner countries of Israel, India, China, Brazil, and South KoreaCanadian companies that are incorporated, for-profit SMEs. Seeking to develop new or improved products, services, or processes with a high potential for commercialization. ready to collaborate on an R&D project with foreign partners
Canada-Alberta Job GrantGrantThe Canada-Alberta Job Grant is a training program where an employer applies on behalf of their present or future employees for eligible training costs. Government contributes two-thirds of the cost to a maximum of $10,000 per trainee per fiscal year. If hiring and training an unemployed Albertan, up to 100% of training costs could be covered, up to $15,000 per trainee.Private-sector employers, including sole proprietors and partnerships, non-profit sector employers, First Nations and Metis Settlements. For a full listing of eligibility requirements see the website.
CanExport SME ProgramGrantUp to $75,000 in funding to help Canadian SMEs break into new international markets.For-profit company; incorporated legal entity or LLP; possess a CRA business identifier number; have a maximum of 250 FTE employees, and annual revenue between $200,000 and $50 million declared in Canada
Alberta Media FundGrantReceive up to $20,000 to $200,000 in Grant Funding. Supports organizations and individuals developing screen-based media, scripts, books and magazines, and sound recordings. The program encompasses several different funding streams that support a variety of costs, including Albertan labour, so that media producers can create Alberta content and advance products towards a more successful market release.Alberta organizations involved in the creation and development of screen-based productions, digital media, scriptwriting, book publishing, magazine publishing, and sound recording can apply for funding.
Alberta Innovates Accelerating Innovations Into CareGrantSupports the commercialization of health technologies through collaborations of Alberta SMEs and public health providers.Alberta SMEs with fewer than 500 employees and less than $50 million in gross revenues annually are eligible to apply.
Alberta Innovates Industry Commercialization Associates ProgramGrantSupports hiring an associate to perform technical commercialization activities.  $52,500 - $105,000.Alberta advanced technology businesses, incorporated, with a technology that is ready for commercialization.
Alberta Innovates Industry R&D Associates ProgramGrantOffsets a portion of costs related to hiring an associate to perform technical research and development activities. Up to $74,500.Alberta advanced technology businesses, incorporated, with a technology that is undergoing development.
Alberta Innovates Product Demonstration ProgramGrantQualified SMEs may be eligible for up to $150,000 in funding over a maximum one-year termAlberta businesses that have commercialization-ready, innovative technology in the industries of energy, environment, nanotechnology information & communication services, health & life sciences (forestry, agric., biotech.)
Alberta Innovates Voucher ProgramVoucherEligible applicants can apply for funding up to $100,000 to offset costs related to technology development and building a working prototype.Alberta for-profit SMEs with fewer than 500 FTEs and less than $50 million in gross revenues annually are eligible to apply.
CanExport InnovationGrantUp to $75,000 or 75% of eligible expenses related to projects seeking to commercialize the technology by pursuing collaborative international Research and Development partnershipsSMEs, universities, and nongovernment research centres seeking commercialization partnerships in foreign markets
Digital Skills for Youth ProgramGrantUp to $30,000 to cover the wages and associated training costs of post-secondary graduates 15 to 30 years old. Provide digital and soft-skills experiences to prepare for the workplaceBetween 15 and 30 years (inclusive); a post-secondary graduate; legally entitled to work in Canada, self-assess as underemployed, meaning they are employed below their level of education, outside their field of study, hold part-time employment, or unemployed. 
Black Entrepreneurship ProgramGrantUp to $250,000 to Black business owners and entrepreneurs across the countryGovernment of Canada, Black-led business organizations, and financial institutions
Creative Export CanadaGrantGovernment funding program that offers to fund projects that generate export revenues and help Canadian Creative Industries reach more people around the world.Canadian for-profit or non-profit organizations with a minimum 1 FTE and a maximum of $500M in annual revenues. The minimum project budget of $300K.
Industrial Research Assistance Program (IRAP)GrantCanadian government funding program designed to accelerate the research and development projects of Canadian innovators.Incorporated, profit-oriented small or medium-sized business with 500 or fewer full-time equivalent employees and plan to pursue growth and profit by developing and commercializing innovative, technology-driven new or improved products, services, or processes in Canada.
IRAP Youth Employment ProgramGrantAssist funding of hiring young Canadian post-secondary graduates. Graduate can be applied to most areas from business development to technical to customer service/administration.Incorporated and financially stable Canadian business with 1-500 employees; must be responsible for finding graduates before applying. Candidates must be between 15-30 years old.
Innovative Solutions Canada GrantThe program helps startups and small/medium-sized businesses (SMEs) overcome technology development hurdles so that they can produce globally demanded products and services, while also improving government operations.For-profit Canadian incorporations with <500 employees are eligible to apply. 50%+FTEs and senior executives must be located in Canada
CAP Alberta GrantSupports businesses and organizations completing projects that lead to the growth and competitiveness of Alberta agriculture. Up to 50% of eligible project costsSectors: Agriculture and food sustainability assurance, environmental stewardship and climate change, farm water supply, irrigation efficiency, products to markets, public agriculture literacy, value-added products to markets, youth agriculture education.
Agricultural Clean Technology (ACT) ProgramGrantSupport research, development, and adoption of clean technologies through investments in, and promotion of precision agriculture and agri-based bioproducts. Provincial/territorial governments in Canada, for-profit and not-for-profit organizations.
The Western Economic Diversification Canada (WD) Business Scale-up and Productivity ProgramGrantProvides interest-free, repayable funding and additional guidance and support to help businesses with high growth potential adopt/adapt innovative technologies that support productivity, grow operations, and increase exports to global markets.

High-growth businesses that are scaling up and producing innovative goods, services or technologies

Incorporated to do business in Canada

Have been in business for at least 2 years in Canada

Alberta Export Expansion Program GrantMinimum of $1,000 to a maximum of $25,000 per year for funding support to Alberta small and medium-sized enterprises (SMEs), municipalities, industry associations, Indigenous communities and economic development organizations promoting Alberta exports.Alberta non-profits promoting sales of products and services in new international export markets. Alberta SMEs promoting sales of products and services in a new international export market.
Career Ready ProgramGrantCover up to 75% of the costs of a work term placement, to a maximum of $7,500 per placement, when you hire a post-secondary student.Provide a meaningful, tech-focused work placement opportunity to a student. Students must be registered in an accredited post-secondary institution and must work in a role that is tech immersive. They aren’t required to be studying something in tech.
Magnet - Student Work Placement ProgramGrantWage subsidy to cover up to 75% of the costs of a work term placement

Registered Canadian businesses, not-for-profit, hospitals, long-term care facilities. Post-secondary institutions (universities, colleges and polytechnics) will be able to be the employer of record to offer meaningful placements to students. Federal, Provincial, Territorial and Municipal Government does not qualify

Mitacs ElevateGrant Up to $30,000 match in research grant moneyFor-profit corporations receiving no more than 50% of revenues from government sources or not-for-profit corporations. Projects must demonstrate economic or productivity direction
Work Integrated Learning Digital SubsidyGrantWage subsidy to cover up to 75% of the costs of a work term placement that provides post-secondary students with digital learningHiring an eligible student from all disciplines of studies including Arts, Humanities, Social Sciences, STEM, Business. Hiring for a Net New position.
Canada Small Business Financing ProgramLoanFinance for purchasing equipment, business vehicles, renovations, and commercial property. Start-ups and for-profit small businesses with gross revenues of $10 million or less. 
Small Business DeductionTax CreditUp to $500,000 annual income tax credit for small businessesCanadian-controlled small businesses
Apprenticeship Job Creation Tax CreditTax CreditUp to $2,000 non-refundable tax credit per year per eligible apprentice hiredCompanies that hire an eligible apprentice in the first two years of their apprenticeship contract; eligible trades are currently listed as Red Seal Trades
Futurpreneur Canada Indigenous ProgramLoanCollateral-free loan of up to $60,000, along with 2 years of expert business mentoring and resources to get your startup off the ground.Indigenous person(s) between 18–39 years old.
BDC Startup FinancingLoanUp to $250,000 to help get your business off the ground, finance operations and replenish working capital spent on start-up costs, if you've been in business for at least a year.Established Canadian-based business, in operation for 12 months, business plan, financial investment, age of majority, experience/expertise, realistic market

 

Last edited: August 10, 2021