Advanced Hydrocarbons: Innovative Hydrocarbon Products — Bitumen Advanced Materials (BAM)
The BAM program develops technologies that convert Alberta oil sands components into non-combustion products (i.e., products that are not fuels, such as gasoline, diesel, and heating oil).
Offered by Alberta Innovates
Amount
Up to $2 million per project
typically 25-50% of total project costs
Quick eligibility check
Who can apply
Funding is open to all categories of lead applicant including technology developers, industry, industrial associations, small and medium-sized enterprises, research and development (R&D) organizations, post-secondary institutions, municipalities, not-for-profit organizations, government research labs, individuals and others, who are advancing technology development within a Technology Readiness Level (TRL) range of 3-7.
Applicants are not required to be based in Alberta, but must demonstrate a clear value proposition for the Province and be able to clearly demonstrate alignment to the program area priorities.
For full details of eligibility criteria, consult the Clean Resources Continuous Intake Program Guide.
Successful applicants must be legally able to execute the Investment Agreement.
About the funding
Project funding can be up to and typically does not exceed $2 million per project from the Process. The continuous intake programs normally support 25 – 50% of total project costs, with remaining funding from other project partners and other funding agencies (including cash and in-kind support).
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