Alberta Innovates Venture Development Grant
Alberta Innovates · Commercialisation grant
$108KUp to C$150,000 (~$108k); you contribute at least 25% of project costs in cash
Alberta's single grant for high-growth tech ventures to close readiness gaps on the way to customers, commercialisation and investment.
Key terms
- Alberta-based for-profit corporation or registered partnership with an Alberta footprint and ownership
- Fewer than 250 employees and under C$50M annual revenue
- Minimum 25% cash contribution to eligible project costs
- Must meet minimum Innovation Readiness Levels; no active Micro-Voucher, Voucher or similar Alberta Innovates grant
- Not for general working capital, routine operations or broad sales and promotion
Eligibility
- Where
- Canada
- Stages
- pre-seed, seed, series-a, growth
- Needs VC/accelerator backing
- No
- Needs partner referral code
- No
- Must be incorporated
- Yes
- AI focus required
- No
- Students / researchers
- Not eligible
- Nonprofits
- Not eligible
Also required
- Must be Alberta-based
- Technology-based innovation
How to apply
Read the Venture Development Grant Guide, then apply through the SmartSimple portal with financials, cap table and a Lean Canvas or business plan.
- Benefit
- cash
- Equity-free
- Yes
- Decision time
- —
- Credit validity
- —
- Deadline
- Rolling
- Status
- Open
Verified 2026-10-30 · source
More: Government grants for startups · Startup programs in Canada