International Technology Partnership Program

By mmuise
Description:

The International Technology Partnership program helps de-risk the commercialization process by providing funds and coaching to high potential, high growth technology Alberta SMEs to further product development or pilot the technical and business merits of their product to prove the value, and advance commercialization. 


Comments on Funding:

Qualified SMEs may be eligible for up to $250,000 in funding over a maximum eighteen month term. This program is a “matching” program. This means Alberta Innovates will match the applicant’s contributions to a maximum investment of $250,000. The international project partner is also expected to match the applicant’s contributions.

Deadline: Continuous Intake
Eligibility:

Applicants must be SMEs that:


  • have a product at a TRL 6 to 8 and the result of the project should bring the technology near commercialization (product now ready to be piloted in an operational environment or product verified in operational environment);
  • have the participation of at least one International Project Partner(s) before applying to the program;
  • that can complete the project within eighteen months;
  • can reasonably expect momentum to a first sale within two years post project;
  • exist as a corporate person, with up-to-date corporate filings;
  • must be authorized to undertake the proposed project, and execute a grant with Alberta Innovates on our standard terms; and not otherwise be prohibited from receiving Alberta Innovates funding, for instance due to a past bad debt or otherwise not be in good financial standing with Alberta Innovates or its subsidiaries, InnoTech Alberta and C-FER Technologies;
  • must be incorporated in Alberta AND/OR incorporated in another jurisdiction and extra-provincially
    registered in Alberta;
  • must be a General Partnership, Limited Partnership or Limited Liability Partnership and registered in
    Alberta;
  • To qualify as a small or medium enterprise (SME), a company must have fewer than 500 full-time
    employees and less than $50,000,000 in annual gross revenue.
    1
  • Companies must be Alberta-based with an Alberta footprint, which includes a significant physical
    and corporate operational presence in Alberta; appropriate Alberta ownership; and discernible
    intent that operational benefits will flow primarily within the Province of Alberta.
Application Steps:

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Documentation Needed:

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Other Things to Note:

This program is an open-call format.

About the author
mmuise