Entrepreneurial Investments

Alberta Innovation Voucher and Micro-Voucher Programs

Overview

The Alberta Innovation Voucher and Micro-Voucher programs have been designed to support innovation and creative problem-solving for Alberta small- and medium-sized enterprises (SMEs). The purpose of the programs is to stimulate the development and commercialization of novel technological or business solutions, while generating material risk-weighted returns on investment to the Province of Alberta based on economic, social or environmental metrics. Depending on their needs, eligible companies can apply for funding up to $100,000 to help cover the costs for the purpose of business and technology development.

These programs operate on an open-call basis, meaning applications are accepted and reviewed on a continuum. Information on the outcome of the application will be emailed as a PDF document to the applicant representative approximately six to eight weeks after Alberta Innovates receives the application. Information will not be provided over the telephone or via email prior to the official letter release.

All applicants are expected to be ready to commit to the proposed program project, both financially and time-wise, at the time of application. Applicants must make the appropriate arrangements to have an authorized person sign the agreement letter and issue the required deposit payment. Alberta Innovates will not allow a delay for signature or payment.

Vouchers

Vouchers are designed to support technologies in the mid-to-late developmental stages but may include some early developmental stages. Vouchers are intended to fund SMEs to work in collaboration with up to three service or product providers to advance technologies closer to commercialization. Alberta Innovates’ investment to a successful applicant is within the range of $10,001 to $100,000, which is paid directly to the service or product providers named in the application. The funds are provided to cover eligible expenses incurred by these providers during the course of any one or more of the following activities:

  • New product research and development;
  • Leading-edge design, engineering and prototype development;
  • Advanced product testing and refinement;
  • Patent development;
  • Advanced market assessments; and/or
  • Other technology development activities may be considered on a case by case basis.

To complete online applications for this program, please visit our Applicant Portal.

Before submitting your application, familiarize yourself with program documentation:

Program Contact Information

Name: Roger Lindenbach
Title: Program Associate
Phone: 780-450-5558
Email: Roger.Lindenbach@albertainnovates.ca

Micro-Vouchers

Micro-Vouchers are designed to support technologies in the early developmental stages. Micro-Vouchers are intended to fund SMEs to retain one service or product provider to assist with early start-up development. Alberta Innovates’ investment to a successful applicant is up to $10,000, which is paid directly to the providers named in the application. The funds are provided to cover eligible expenses charged by these providers during the course of providing any one or more of the following items for the benefit of the applicant:

  • Market assessments
  • Industry development
  • Corporate training
  • Conferences (only with the support of a Technology Development Advisor)
  • Intellectual property assessments
  • Acquisition of materials or equipment critical to operations.

To complete online applications for this program, please visit our Applicant Portal.

Before submitting your application, familiarize yourself with program documentation:

Program Contact Information

Name: Shirley Sin
Title: Program Associate
Phone: 780-450-5221
Email: Shirley.Sin@albertainnovates.ca