Current Programs

Digital-Economy-Program

Digital Service Squad

The Digital Service Squad (DSS) is designed to help small businesses take their businesses online. This program, a partnership between Business Link and Digital Main Street, will help small businesses in Alberta undergo digital transformations and adopt eCommerce practices. DSS is open to home-based or commercial small businesses registered in Alberta with less than 50 employees

tourism-partnership-program

Tourism Partnership Program

The Partnership Program is an opportunity for local tourism businesses to be involved and actively participate in Town of Sylvan Lake tourism initiatives and strategies, collaborate, provide great visitor experiences, and be involved in the development of the destination.

Housing Accelerator Fund

The Town of Sylvan Lake is one of six Alberta communities receiving funding from the Government of Canada to address housing challenges. Under the Housing Accelerator Fund (HAF), Sylvan Lake will receive $5,485,430 to support its Action Plan. This plan commits to seven local initiatives that enable a variety of housing forms and densities to meet the diverse needs of Sylvan Lake.

Catalyst Incubator

The Catalyst Incubator is 100% funded by CARIN through Alberta Innovates and is FREE to attend for all eligible entrepreneurs. The Catalyst Incubator program provides 8 weeks of programming and over 50 hours of training, coaching, and mentorship/peer support.

Federal and Provincial Incentive Directory

Alberta Agri-processing Investment Tax Credit

Alberta Agriculture – 12% tax credit

New Agri-processing tax credit to be launched in Spring 2023. The Agri-processing Investment Tax Credit provides a 12 per cent non-refundable tax credit against eligible capital expenditures for corporations investing $10 million or more to build or expand agri-processing facilities in Alberta. More information.

AgriInnovate Program

Agriculture and Agri-Food Canada – repayable contributions

The AgriInnovate program provides repayable contributions for projects that aim to accelerate the commercialization, adoption and/or demonstration of innovative products, technologies, processes or services that increase agri-sector competitiveness and sustainability. More information.

Alberta Petrochemicals IncentiveProgram (APIP)

Alberta Energy – petrochemical manufacturing grants

10-year long market-based program that offers grants to petrochemical manufacturing projects in Alberta including petrochemicals, fertilizers, hydrogen, and fuel plants. The projects must use natural gas, natural gas liquids, or petrochemical intermediaries such as ethylene, propylene, benzene etc. in the manufacturing of its own products. Grants worth 12% of a project’s eligible capital costs will be issued to companies after projects are operational. Alberta Energy petrochemical manufacturing grants Canadian Agricultural. More information.

Canadian Agricultural Partnership

Agriculture and Agri-Food Canada & Alberta Agriculture and Forestry

In Alberta, the Canadian Agricultural Partnership commits to the same level of investment from federal and provincial governments as Growing Forward 2 which is $406 million towards strategic initiative programs over five years. This investment is cost shared between federal-provincial (60:40) governments and will be invested in programs and initiatives for Alberta’s agriculture agri-food and agri-products based industry. More information.

Alberta Methane Emissions Program(AMEP)

Technology Innovation and Emissions Reduction (TIER) – multi-year funding

The Alberta Methane Emissions Program (AMEP) is a $17-million program funded by the Technology Innovation and Emissions Reduction (TIER) system. The AMEP is a multi-year funding program that focuses on 3 components: Alternative FugitiveEmissions Program (Alt-FEMP) Proposals, Data Management and Analytics andTechnology Development Trials. More information.

Energy Savings for Business

Emissions Reduction Alberta (ERA) – cost savings

Energy Savings for Business will help eligible Alberta businesses reduce emissions, decrease operating costs, grow their operations, and become more competitive, while creating skilled jobs and boosting economic recovery. More information.

Technology Funding

Emissions Reduction Alberta (ERA) – investment funding

ERA is investing in a diverse portfolio of transformative, sustainable technologies that reduce GHG emissions and position Alberta for success in a lower emissions economy. More information.

Partnership Intake Program

Emissions Reduction Alberta (ERA) – leverage funding

Working with Trusted Partners across the Canadian innovation ecosystem creates a unified approach to reducing greenhouse gas (GHG) emissions and securingAlberta’s lower carbon success. The Partnership Intake Program allows ERA to evaluate proposed projects referred by Trusted Partners, organizations with rigorous, fair, and transparent processes comparable to ERA’s. More information.

Sustainable Development Technology Canada (SDTC)

SDT Canada – funding

SDTC finds, funds and fosters Canadian companies that are developing, demonstrating and commercializing new technologies with the potential to transform Canada’s environmental and economic prosperity. More information.

Alberta Digital Traction

Alberta Innovates – up to $50,000

The Alberta Digital Traction pilot program (Alberta-DT) provides funding for small- and medium-sized Alberta enterprises (SMEs) that rely on software development as core to one or more of their products and/or services and intends to rapidly scale in the global marketplace to accelerate their revenue growth. With the guidance of an Alberta-based entrepreneur program’s business coach, eligible applicants can apply for up to $50,000 paid directly to the applicant to cover eligible expenses required to complete the milestones developed to achieve traction. More information.

Alberta Innovation Vouchers

Alberta Innovates – up to $100,000

Micro vouchers are aimed to help Alberta’s small- and medium-sized enterprises in the technology and knowledge-based sector hire a service or product provider to advance their technology closer to commercialization. Eligible applicants can apply for up to$100,000, paid directly to the service provider, to cover eligible expenses charged by the service provider. More information.

Alberta Innovation Micro Vouchers

Alberta Innovates – up to $10,000

Micro vouchers are aimed to help Alberta’s small- and medium-sized enterprises in the technology and knowledge-based sector hire a service or product provider to advance their technology closer to commercialization. Eligible applicants can applyfor up to $10,000, paid directly to the service provider, to cover eligible expenses charged by the service provider. More information.

Product Demonstration Program

Alberta Innovates – up to $150,000

This program is designed to de-risk the commercialization process by providing funds and coaching to qualified high potential, high growth, technology Alberta small and medium-sized enterprises (SMEs) to enter into a partnership with a potential client to conduct a pilot demonstration to trial and prove the technical and business merits of their product. Qualified SMEs may be eligible for up to $150,000 in funding over a maximum one-year term. More information.

Product Scale Up Pilot Program

Alberta Innovates – up to $100,000

The program is a grant of up to $100,000 for one year for qualified SMEs to hire a product associate with expertise in developing, commercializing, and scaling digital technology using a product management model. More information.

R&D Associates Program

Alberta Innovates – up to $67,500 per year

Alberta’s high potential, high growth, technology, and knowledge-based small and medium-sized enterprises (SMEs) may be eligible for up to $67,500 per year for one year to enable them to employ in-house professional research and development capability, to advance the Technology Readiness Level and accelerate new product commercialization. More information.

Canada – Alberta Job Grant

Federal-Provincial Partnership – cost-sharing for employee training

The Canada-Alberta Job Grant (CAJG) is a federal-provincial partnership under which Alberta employers and government share the cost of training new and existing employee to address skill deficits and increase their knowledge and skills to meet the needs of Alberta’s changing economy. The CAJG can help fund training for new, current, or potential future employees. More information.

Film and Television Tax Credit (FTTC)

Government of Alberta – 20-30% tax credit

The Film and Television Tax Credit (FTTC) offers a refundable Alberta tax credit certificate on eligible Alberta production and labor costs to corporations that produce films, television series and other eligible screen-based productions in the province. Applicants may apply for either a 22% or 30% tax credit certificate. More information.

Innovation Employment Grant (IEG)

Alberta Treasury Board and Finance – refundable tax credit

The Innovation Employment Grant (IEG) is a refundable tax credit that a qualified corporation may deduct from tax otherwise payable for a taxation year. In general, the IEG is equal to 8 per cent of the lesser of the corporation’s eligible expenditures in respect of scientific research and experimental development (SR&ED) carried out in Alberta after December 31, 2020, and the corporation’s maximum expenditure limit for the year. The corporation will be eligible to claim an additional amount equal to 12 per cent of any such amount more than a base amount. A corporation’s base amount is determined by calculating the corporation’s average eligible expenditures for the two preceding taxation years.. More information.

Accelerated Investment Incentive

Government of Canada – 50% increase capital cost allowance

A 50% increase in the available Capital cost allowance deduction for property acquired after November 20, 2018, that becomes available for use before 2024. More information.

National Research Council of Canada Industrial Research Assistance Program (NRC IRAP)

National Research Council of Canada – advisory services and funding

The National Research Council of Canada Industrial Research AssistanceProgram (NRC IRAP) provides advice, connections, and funding to help Canadian small and medium-sized businesses increase their innovation capacity and take ideas to market. More information.

Strategic Innovation Fund (SIF)

Innovation, Science and Economic Development Canada (ISED) – project funding

The Strategic Innovation Fund’s (SIF) objective is to spur innovation for a better Canada by providing funding for large projects (over $10 million in requested contribution). More information.

Scientific Research and Experimental Development (SR&ED) Program

Canada Revenue Agency (CRA) – 15-35% tax credit

The Scientific Research and Experimental Development (SR&ED) Program uses tax incentives to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada. These tax incentives come in three forms: an income tax deduction, an investment tax credit and, in certain circumstances, a refund. Eligible SR&ED work will result in your investment tax credit being at least 15% and can be as much as 35% of qualified SR&ED expenditures. Any unused investment tax credits can be carried back 3 years or forward 20 years and apply them against tax payable for other years. More information.

Business Scale up & Productivity (BSP)

Prairies Economic Development Canada – leverage funding

The BSP offers repayable, interest-free funding to high growth businesses that are scaling up and producing innovative goods, services, or technologies. This program seeks to help businesses accelerate their growth & scale-up, improve productivity and increase competitiveness in both domestic and international markets. No start-ups, no businesses pre-revenue. Applicants must submit Expression of Interests. More information.