ALBERTA INNOVATES: ALBERTA BIO FUTURE: OPPORTUNITIES

The Alberta Bio Future (ABF) program encourages strategic alliances between businesses and academic, research and government institutions. These alliances must focus on novel or enhanced bio-industrial products and technologies. The main purpose of this program is to utilize Alberta’s biomass and create a market that is competitive, profitable and efficient. Undoubtedly, the bio-industrial sector remains untapped, this program allows businesses the ability to enter the industry with more wealth of knowledge, by partnering with other institutions you will be better prepared to mitigate challenges.

In particular, the ABF Opportunities program is relevant for companies who would not be able to conduct their projects in a timely manner without funding. This is especially important for companies who are transitioning from research to commercialization but don’t have the financial means to do so efficiently, while also being in a time-sensitive position.

Eligible Companies

Applications must be submitted by:

  • Researchers based in Alberta, and researchers elsewhere conducting projects with
    a benefit to Alberta, or
  • Operating companies or industry groups based in Alberta.

Eligible Projects

Projects must:
Be completed by December 31, 2020

Have the project work carried out primarily in Alberta.

  • Have a direct application to the bio-industrial sector. (Note: Bioindustrial products exclude food, feed or pharma products in this sub-program.)
  • Develop bio-industrial products and bio-industrial technologies that use renewable,
    sustainable biomass, with a focus on agriculture and forestry biomass, produced or available in Alberta.
  • Focus on developments leading to a competitive advantage for Alberta companies or other direct benefits to Alberta.
  • Engage a project team with demonstrated competence, experience, and the organizational capacity to successfully complete the project.

Eligible Expenditures

  1. Salary (one-time)
  2. External Consultants
  3. Travel
  4. Equipment
  5. Materials/Supplies

Funding

Funding for approved full proposals will be established on a per-company basis based on your needs.

Application Deadline

Applications will be accepted until March 31, 2019.

For assistance in preparing your submission and to position your application for approval contact EVAMAX Group to help you with the process.

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EVAMAX

EVAMAX identifies all the grants and incentives that are applicable to your company and does the paperwork to get those grants and incentives approved. Stay updated on news related to SRED, technology-driven companies, innovation industries, and business in general through our blog.

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