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Government of Alberta, Alberta Innovates
Wage subsidy for an R&D associate in Alberta
Helps businesses pay for a professional to develop new ideas and prototypes. Covers up to 75% of their salary for one year, up to $105,000.
Non-dilutive funding up to $105,000 to help cover salary costs for an in-house professional research and development (R&D) Associate over a one-year term. This aims to accelerate new technology development, attract and retain technical expertise, and de-risk the development and scaling of innovative products.
Business Size: small, medium
Industries: technology
Region: Alberta, Alberta-based and owned company, Alberta footprint (significant physical and corporate operations in Alberta, appropriate Alberta ownership, discernible intent that operational benefits will flow primarily within Alberta)
Revenue Range: Up to $50M
Other Criteria: fewer than 500 full-time employees, minimum 25% cash contribution of the Associate's total annual base salary, innovative technology or knowledge-based solution that offers significant competitive advantage over existing solutions, for-profit Corporation, General Partnership, Limited Partnership or Limited Liability Partnership, registered in Alberta
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This program is available to small, medium businesses in technology industries located in Alberta, Alberta-based and owned company, Alberta footprint (significant physical and corporate operations in Alberta, appropriate Alberta ownership, discernible intent that operational benefits will flow primarily within Alberta).
This program offers funding up to $105,000.
This program accepts applications on a rolling basis.
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