About Alberta Innovates Tech Futures

AITF is a government-funded organization that offers a variety of programs and services to help SME's, entrepreneurs, researchers and investors develop and commercialize local technology.

AITF Vouchers

AITF funds innovative products that address a technology gap or current market need in at least one of the following sectors:

• Food and Agriculture
• Forestry
• Environment
• Oil & Gas
• Pipelines
• Health

Technologies in other sectors may also be considered, but these sectors are given preference.

Funding Dispersed?

In 2013/14, AITF awarded 60 - $15K Vouchers for opportunity assessments and 16 - $50K Vouchers.

Voucher programs are funded by the Government of Alberta and Ministry of Innovation and Advanced Education.

Funding Amounts?

• Micro Voucher (Up to $10K) - the Micro Voucher is meant to help early stage companies with market assessment, business planning and buying equipment.
• Voucher ($10K - $100K) - the Voucher is meant to help companies with advanced studies, product/prototype development, and IP work.
• Product Demonstration Program ($100K - $300K) - the Product Demonstration Program (or "PDP") enables SMEs to showcase the performance, method and features of a prototype as well as validate its economic and technical feasibility in collaboration with a project partner.
• Industry Commercialization/ R&D Associates - this program is designed to fund the employment of commercialization as well as R&D talent.

Who's Eligible?

Alberta-based SMEs that are defined as "being an incorporated company with fewer than 500 full time employees and less than $50,000,000 annual gross revenue."

How to Apply?

Application process is online and ongoing.

We recommend contacting AITF to connect with an appropriate Technology Advisor who will help you prepare your online application.

Want More Info?

• Website AITF Vouchers: http://fund.albertainnovates.ca/Fund/Commercializationservices.aspx
• Call: 1-780-450-5111 (Edmonton) or 1-403-210-5222 (Calgary)
• General Email: grants.techfutures@albertainnovates.ca