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Alberta Innovates – Innovative Hydrocarbon Products

This program consists of three sub-programs aimed to add value to hydrocarbon resources that will contribute to Alberta’s prosperity in a low carbon, global economy.

What Is Alberta Innovates – Innovative Hydrocarbon Products?

Alberta Innovates – Innovative Hydrocarbon Products is a program in Alberta, Canada that focuses on the development and commercialization of innovative products derived from hydrocarbon resources. The program aims to diversify the use of hydrocarbons and promote sustainable solutions in various industries.

Alberta Innovates – Innovative Hydrocarbon Products Overview

Alberta Innovates – Innovative Hydrocarbon Products is a pioneering program in Alberta, Canada that supports the development of innovative, sustainable products derived from hydrocarbon resources. It fosters collaboration between researchers, industry partners, and innovators to explore new applications and technologies, enhance the value chain of hydrocarbons, and drive economic growth while minimizing environmental impacts.

Through funding, expertise, and support, Alberta Innovates – Innovative Hydrocarbon Products promotes projects focused on developing advanced materials, biofuels, chemicals, and other innovative hydrocarbon-derived products. By fostering innovation, technology transfer, and commercialization, the program contributes to the diversification of Alberta’s economy and the transition to a sustainable, low-carbon future. It positions Alberta as a leader in sustainable hydrocarbon utilization, encourages the adoption of clean technologies, and drives the creation of high-value products with reduced carbon footprints, all while promoting collaborations between industry, academia, and government.

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How Much Funding?

Typically 25%-50%, to a maximum of $2 Million

WHO QUALIFIES?

– Technology developers and industries, industrial associations, SMEs, R&D organizations with relevant projects
– Not required to be based in Alberta, but must demonstrate a clear value proposition for Alberta

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Eligible Activities & Expenditures

Projects that contribute to Alberta’s hydrocarbon resource value through innovation while securing long-term future for Alberta’s oil sand resources in a new economy

Eligible project types:
– Contribute to Alberta’s hydrocarbon resource value while securing long-term future for Alberta’s oil/sad resources in a new economy (improved hydrocarbon products’ quality and value)
– Add value to Alberta’s bitumen while increasing pipeline capacity and reducing industry operating costs and lifecycle GHGs
– Convert natural gas into higher value products (e.g. liquid fuels, hydrogen)
– Convert bitumen into high-value non-fuel products for economic growth and diversification

  • Labour
  • Materials
  • Capital assets and software
  • Travel
  • Sub-contractors
  • Other eligible direct costs

PROGRAM DEADLINE

A part of the Clean Energy division – ongoing intake

Get Expert Advice and Support

Our team will review your application and provide funding recommendations within a few weeks. If your project is approved, you’ll receive funding to cover a portion of eligible project costs.

Ready to take your business to the next level? Contact EVAMAX today to learn more and start your application process.

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Let EVAMAX do the rest.

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