Industry Commercialization Associates Program
This program was created to assist Alberta small- or medium-sized businesses commercialize innovative technologies. The program financially supports employees with expertise in commercializing new technologies.
How Much Funding?
75% up to a maximum of:
- $52,500 for level 1 full time associate
- $75,000 for level 2 full time associate
- $105,000 for level 3 full time or level 3 part time prorated
- Be a for-profit SME;
- Be an Alberta-based company
- Incorporated; or
- A General Partnership, Limited Partnership or Limited Liability Partnership AND registered in Alberta
Eligible Activities & Expenditures
Hiring a level 1, 2, or 3 associate to assist with commercializing innovative technologies.
Level 1 - Promotes and sells applicants goods and services
Level 2 - Has a bachelor’s degree and four to seven years of experience in the business world. This Associate can develop and manage projects such as promotional and marketing campaigns of complex scope.
Level 3 - Will have a long and strong background in business development and will likely also have senior level technical expertise in the technology the Applicant is marketing. This Associate is responsible for creating new business growth, leading licensing, directing the efforts of the sales and marketing group, and building and maintaining relationships with strategic partners.