Industry R&D Associates Program – Alberta Innovates
Receive up to $74,500 in Government Funding.
Alberta Innovates’ Industry R&D Associates Program offsets a portion of costs related to hiring an associate to perform technical research and development activities. Contribution is paid as a monthly stipend plus an annual Expense Allowance of up to $7,000 to cover a portion of non-salary costs incurred by the researcher. Associates must be hired as a full-time employee.
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Funding Amount
Level 1 – Up to $52,500 and Level 2 – Up to $67,500 annual stipend. Additional expense allowance of $7,000 annually.
Eligible Applicants
Alberta advanced technology businesses, incorporated, with a technology that is undergoing development.
800+
Annual Funding Applications Supported
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Amount of Funding
There are two funding levels available for the Industry R&D Associates Program:
- Level 1 – Applicants may receive up to $52,500 as up to 75% of a full-time salary. Applicants must contribute at least 25% of the associate’s salary.
- Level 2 – Applicants may receive up to $67,500 as up to 75% of a full-time salary. Applicants must contribute at least 25% of the associate’s salary.
An additional expense allowance of $7,000 annually may be allotted to applicants for both levels.
Eligible Applicants
The eligibility criteria for both applicants and associates vary:
Applicant eligibility criteria:
- Applicants must be a for-profit SME incorporated in Alberta;
- There must not be a conflict of interest;
- Has fewer than 500 employees and less than $50 million in annual revenues;
- Has two or less current Albert Innovates Associates; and
- Has no issues financially with Alberta Innovates (i.e outstanding debts) or it’s subsidiaries.
Associate eligibility criteria:
- Is not the owner of more than 15% of shares in the applicant’s company;
- Has never been the associate of the applicant prior to application;
- Has no issues financially with Alberta Innovates (i.e outstanding debts) or it’s subsidiaries; and
- Will be living in the province of Alberta for the duration of the project.
Eligible Activities
All projects must meet the following criteria to be eligible for funding:
- Has identifiable with critical milestones;
- Is completed within a one-year term; and
- Adheres to any further requirements Alberta Innovates may implement.
Program Deadline
Speak with a member of our team to find the latest intake period info for this program or subscribe to our newsletter to be notified.
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throughout the application process
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Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
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