Industry Commercialization Associates

• You have fewer than 500 full-time employees and less than $50,000,000 in annual gross revenue.
• You are an Alberta based and owned company.
• You can contribute a minimum of 25 per cent cash contribution of the total annual base salary of the Associate.
• You do not have more than two active Alberta Innovates-funded Associates simultaneously.
• Be a for-profit Corporation, General Partnership, Limited Partnership or Limited Liability Partnership and registered in Alberta.
• Companies must be Alberta-based with an Alberta footprint, which includes a significant physical and corporate operations in Alberta; appropriate Alberta ownership; and discernible intent that operational benefits will flow primarily within the Province of Alberta.

You can find a complete list of all the eligibility requirements in the program guide.

Eligible Project Expenses

Schedule C in the Investment Agreement Template outlines the eligible expenses for projects in the Industry Commercialization Associates Program.

Please note: Alberta Innovates is a Provincial (eg. ‘Crown’) corporation funded by the Government of Alberta. Our mandate is to deliver economic, health and social benefits for Alberta and Albertans. We are also subject to Government of Alberta directives restricting purchases from US based vendors. Such purchases are not generally allowed except in exceptional circumstances. Accordingly, if you are using our grant funds to pay for goods or services, we require you to work with domestic (Canadian) suppliers only, or suppliers from a jurisdiction Canada has a free trade agreement with that is being honoured. If no such vendor is available, please advise us immediately. In any case, our grant funds must not be used to pay a US based vendor without our prior written consent, which consent can be withheld for any reason.

Click here to view Schedule C in the Sample Investment Agreement Template.