Alberta Innovates R&D Associates

Grant Description

Alberta’s high potential, high growth, technology and knowledge-based small- and medium-sized enterprises (SMEs) may be eligible for up to $67,500 per year for one year to enable them to employ in-house professional research and development capability, to advance the Technology Readiness Level and accelerate new product commercialization.


The R&D Associate has the advanced technical skills required by the SME to make that last leap from research to a marketable product.

 

Eligibility Requirements

Eligible Applicants

 

To be considered eligible for the Industry R&D Associates Program applicants must:

  • Be a small and medium-sized for-profit businesses in Alberta;
  • Be considered a legal entity incorporated or registered in Alberta;
  • Demonstrate the innovation’s viability and market value;
  • Specialize in advanced technologies, products, and solutions;
  • Explain how the program’s support is necessary for the project’s success;
  • Possess the required operational capital and financial resources to develop and commercialize the technology or innovative solution; and
  • Hire the research associate as a full-time employee for the duration of the project.

 

Eligible R&D Associates

 

Eligible Level 1 and 2 research associates must:

  • Be prepared to be hired on as a full-time employee and possess the necessary qualifications to fulfil the role;
  • Be legally entitled to work in Canada and is prepared to live in Alberta for the duration of the project;
  • Not own or possess the right to purchase more than 15% of the issued and outstanding shares of the applicant;
  • Not have been previously employed by the applicant (except in the case of a reapplication);
  • May be classified as a current full-time employee (if they’ve only been employed by the applicant for less than 12 months); and
  • May not have an outstanding balance with any Alberta Innovates organization, subsidiary, or partner.

 

Eligible Projects

 

The program supports Alberta-based projects focused on:

  • Conducting pre-competitive research focusing on a targeted or applied research question leading to the Proof-of-Concept of an inventive idea;
  • Developing a prototype to demonstrate a product for technology validation, market capture and new investment opportunities; and/or
  • Validation and feasibility studies of innovative technologies leading to new or improved products and processes that meet current market demands.

Funding Level(s)

Provides up to 75% contribution, and 25% cash contribution. This one-year program is designed to fund SMEs to employ an r&D professional through one of the following options:

  • Level 1 – full-time, up to $52,500 per year
  • Level 2 – full-time, up to $67,500 per year

Purpose

Offset the cost of hiring research and development professionals.

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