TECTERRA – BUILD Program

This program supports projects that include the development and innovation of geospatial technology products.

What Is TECTERRA – BUILD Program?

The TECTERRA – BUILD Program is a funding initiative aimed at supporting technology startups in the geospatial and remote sensing sectors. It provides financial assistance to entrepreneurs and early-stage companies to help them develop and commercialize innovative geospatial technologies and solutions.

TECTERRA – BUILD Program Overview

The TECTERRA – BUILD Program supports geospatial and remote sensing startups, aiming to accelerate the growth and commercialization of innovative technologies. It provides funding for activities like research and development, product validation, and market assessment, fostering innovation and stimulating entrepreneurship in the geospatial sector.

Startups in the geospatial industry can access financial assistance through the program, enabling them to develop their products and bring them to market. TECTERRA also offers guidance, mentorship, and networking opportunities, connecting startups with industry experts, customers, and investors. By providing this support, TECTERRA empowers startups to navigate commercialization challenges, refine their strategies, and increase their chances of success.

How Much Funding?

– Repayable contributions up to 50%, within the range of $150,000-$500,000
– Stacking not permitted

WHO QUALIFIES?

– For-profit
– Incorporated and operating in Alberta
– 1-500 full-time employees
– Annual sales revenue does not exceed $50M

Eligible Activities & Expenditures

Commercialization projects for innovative geospatial technology products with budgets greater than $300,000

-Focuses on projects that can create jobs, contribute to company growth, and diversify the economy

Projects should last 12-24 months and must include:
– Development of innovative products including geospatial that include geospatial technology in the value chain
– Include a comprehensive technology commercialization plan
– Have a well-defined target market or customer
– Provide regular full-time employment for at least one net new highly qualified personnel

Labour
Consulting fees
Prototyping
Product testing/ validation
Travel
Marketing and sales events
Marketing materials
Non-capital equipment and supplies
Other direct project costs

PROGRAM DEADLINE

Currently open

Get Expert Advice and Support

Our team will review your application and provide funding recommendations within a few weeks. If your project is approved, you’ll receive funding to cover a portion of eligible project costs.

Ready to take your business to the next level? Contact EVAMAX today to learn more and start your application process.

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Let EVAMAX do the rest.

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TECTERRA – BUILD Program

What Is TECTERRA – BUILD Program?