Health Innovation: Accelerating Innovations into CarE (AICE) — Validate
The Accelerating Innovations in CarE (AICE) program offers staged funding streams and support to Alberta’s small- and medium-sized enterprises (SMEs) that require robust scientific and clinical evidence to develop, advance and commercialize cutting edge new health technologies.
Offered by Alberta Innovates
Amount
Up to $300,000
Up to 75% of total eligible Project Costs, to a funding limit from Alberta Innovates of up to $300,000 (AICE-Validate stream); the applicant must provide a minimum of 25 per cent as cash or in-kind contributions; term up to 24 months
Quick eligibility check
Who can apply
Funding Stream:: Stage required before applying:; AICE-Validate: Readiness level 4 in all domains completed; AICE-Market Access: Readiness level 6 in all domains completed
The AICE program is open to:
- Alberta-based for-profit Small-medium sized Enterprises (SMEs) with an Alberta footprint, which is determined by the following:
- Significant physical and corporate operational presence in Alberta.
- Appropriate Alberta ownership.
- Discernable intent that operational benefits will flow primarily within the province of Alberta;
with projects that include:
- Innovative technologies with potential to directly improve health outcomes and require significant preclinical, safety or clinical efficacy evidence generation to ultimately achieve regulatory approval, reimbursement and/or market adoption
Consult the Program Guide for further eligibility criteria and our website for other programs you may be eligible for.
About the funding
The objectives are to mitigate the risks faced by innovative Alberta health technology SMEs that require preclinical and clinical evidence to get to market by providing non-dilutive funding and access to advice and partners along the way.
up to 75% of total eligible Project Costs depending on stream:
Funding Stream:: Funding limit from Alberta Innovates:; AICE-Validate: up to $300,000; AICE-Market Access: up to $300,000-600,000*
A minimum of 25 per cent of total eligible Project Costs must be provided by the Applicant as cash or in-kind contributions.
Show all funding details
Term: Up to 24 months
Funding Stream:: What the funding stream supports:; AICE-Validate: Technology refinement and early validation of technology safety, efficacy and value proposition.; AICE-Market Access: Later stage efficacy validation and post-market studies to achieve market access and adoption in various jurisdictions.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Health Innovation: Accelerating Innovations into CarE (AICE) – Market Access | Grant | Up to 75% of total eligible Project Costs, up to $300,000-600,000* from Alberta Innovates for the AICE-Market Access stream (more than $300,000 per the Program Guide) | Open |
| Regional Quantum Initiative (RQI) in the Prairie Provinces | Loan, Grant | Businesses: interest-free repayable funding for up to 50% of eligible costs | Open |
| AgriScience Program – Projects | Grant, In-Kind Support | Up to $5 million per project and $10 million per applicant over the program's duration (2023 to 2028) | Open |
