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Edmonton Edge Fund – Scale & Grow Stream

The Scale & Grow Stream funds large-scale projects that support the scale-up and growth efforts of businesses while, in turn, producing significant economic outcomes

Offered by Urban Planning and Economy (City of Edmonton)

Amount

$250,000 to less than $1,000,000 per project (Scale & Grow Stream); grant covers half of project costs — the applicant must finance at least 50% of eligible project costs. Phase 1 total program allocation: $5 million across both streams ($3,758,200 awarded under the Scale & Grow Stream).

Quick eligibility check

Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
Incorporated, sole proprietor, partnership, non-profit
Location

Who can apply

All applicants must meet the following eligibility criteria:

● Applying businesses must be registered as an active legal entity.

● Applying nonprofit organizations must have an Economic Mandate, and must be

registered as an active legal entity.

● The Applying Organization must currently be operating in Edmonton, or it must have

plans to relocate to or expand in Edmonton. For projects involving a relocation or

9 City of Edmonton Edmonton Edge Fund - Phase 1 Program Guide

expansion to Edmonton, a limited amount of the total funding awarded will be

provided until the relocation or expansion is complete. This amount will vary on a

project-to-project basis, based on the specific needs of each project.

● Applying organizations must have a valid City of Edmonton Business Licence, or must

have plans to obtain a valid City of Edmonton Business Licence during the course of

their project.

● Applicants must be a registered owner and/or director of the Applying Organization,

or they must obtain permission from an owner and/or director to apply on behalf of

the organization.

● A joint application may be submitted between two, or more, eligible applicants. In

the case of a joint application, one of the eligible applicants must be identified as the

lead applicant.

● For the Start Stream, specifically:

○ Applying organizations must have been registered as an active legal entity for

at least three months prior to the submission of an Expression of Interest.

About the funding

The City of Edmonton is pleased to announce the funding award recipients for Phase 1 of the Edmonton Edge Fund. We’ve invested $5 million to support innovative projects that demonstrate the potential to transform and grow the local economy.

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